GL Accountant II at Arthrex, Inc. in Naples, Florida

Job Description:

Requisition ID: 55395 Title: GL Accountant II Division: Arthrex, Inc. (US01) Location: Naples, FL

Main Objective:

Maintain all aspects of the General Ledger accounts and related master data that are applicable for the Arthrex entities with the objective to deliver timely, accurate and reconciled accounts, financial reports, and cash flows with adequate evaluation that withstand vetting through audits.

Essential Duties and Responsibilities:

Month End Closing and Reporting

• Process assigned month end closing tasks for one or more company codes in SAP


• Perform balance sheet account and bank reconciliations on a monthly basis


• Timely preparation of monthly, quarterly, and annual financial reports or roll forwards


• Prepare and submit timely government census reporting as assigned


• Prepare schedules and documentation for the Arthrex Tax group as well as for internal/external audits as needed


• Expected to display general working knowledge of US GAAP principles with focus on cost accounting specifics


• Gain experience in multi-tasking and prioritizing work


• Able to perform routine transaction processing and standard, repeatable monthly tasks


• Expected to gain and demonstrate full knowledge of assigned accounting related areas


• Ability to independently calculate and process more advanced monthly entries or cost programs including reconciliations


• Ability to transparently report on budget and actual spent for assigned areas incl. production based fixed assets or similar

Transactional Processes and Account Maintenance

• Calculate and post journal entries like accruals, reserves & allowances and adjustments to properly account for transactions and accurately measure the valuation of balances like capitalized assets, inventory and liabilities


• Fixed asset related depreciation runs in SAP and FAS (internal tax system) and processing of additions, asset transfers and disposals where applicable


• Where inventory accounting is applicable, ensure assigned master data accuracy and process product related fixed asset transactions


• When assigned, calculate and post regional and global elimination entries for preparation of consolidated financial statements.


• As related to Treasury function, process weekly banking related to online wires, transfers and ACH payments


• When applicable, calculate realized/unrealized foreign exchange gains/losses as they pertain to FX trades, foreign denominated cash accounts and revaluation of balance sheet accounts to group currency at month end. Understand and validate currency translation and reporting of realized/unrealized gains.


• Where applicable maintain master data such as for fixed assets, cost centers, internal orders


• Obtain approvals where a process requires it like for fixed asset spend releases


• Other specific processes may be required and assigned like intercompany transfers, depreciation and useful life determination for patents or other assets, ad hoc requests or analyses for internal customers and finance leadership

• Ensure transactions and journal entries are recorded according to US GAAP and aligned with Arthrex' finance and reporting manual


• Analyze account fluctuations, trends and variances to budget in order to highlight business risks, opportunities and allow for timely decision making


• Support the presentation of financial statements and company performance to Sr. Management


• Reconcile accounts and values between the tax group's internal IT systems and SAP

• Intermediate to Advanced Microsoft Excel (pivot tables, VLookups, database downloads), PowerPoint and Word skills


• Working knowledge of SAP ERP system including basic CO functionality like cost centers and production orders, procurement


• Problem solving and analytical skills with high attention to detail


• Strong working knowledge of IBM Cognos/TM1 (PAW, PAFE) and DBRW formulas or SAP drill downs


• Strong collaboration and basic presentation skills

Planning and Process Improvement Functions

• Participate and support budgetary processes, reporting and approval process


• Support or provide inputs for preparation of cash flow forecasts


• Identify and recommend process improvements to financial processes and reports


• Ensure effective internal controls are in place with respect to accuracy of accounting and protection of company assets

Other Tasks

• These duties may evolve over time or new duties added as future needs arise

Education & Experience:

• Bachelor's degree in Accounting, Finance or related Business/ Economics required


• 2 + years of relevant work experience required

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All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.