Associate Director, Accounting at Bracco Diagnostics Inc in Monroe Township, New Jersey

Job Description:

Associate Director, Accounting

Monroe Township, NJ 08831, USA Req #457

Tuesday, April 23, 2024

Bracco Diagnostics Inc. is a subsidiary of Bracco Imaging which is part of the overall Bracco Group. The Company specializes in the clinical development, marketing and sales of diagnostic contrast imaging agents. Bracco Diagnostics Inc. primarily markets its products to hospitals throughout the United States. Bracco Diagnostics Inc. is committed to the discovery, development, manufacturing and marketing of imaging agents and solutions aimed at providing a better use and management in terms of diagnostic efficacy, patient safety and cost effectiveness.

Job Title: Associate Director, Accounting -North America (Hybrid)

Department: Finance

SUMMARY:

This role reports to the US Controller, North America Shared Service Head. The Assoc. Director of Accounting oversees the monthly financial closing and account reconciliation process for all entities supported in the North America Finance Shared Services. This role will lead, train, and coach the accounting staff. In addition, the Assoc. Director will perform key financial analyses, research, and resolve accounting issues, make recommendations, implement process and control improvements, and document results and conclusions to ensure accuracy within the financial system of record.

ESSENTIAL DUTIES AND RESPONSIBILITIES: include the following:

• Key Leader of North America Finance Shared Service Organization; currently supporting 6 entities.
• Strong Leadership- provide clear direction; sustain high morale; foster open dialogue
• Drive individual & team performance (6 team members). Develop / coach / mentor team members
• Manage the monthly, quarterly, and annual book close
• Provide variance analysis on inventory and related revaluation
• Manage the monthly balance sheet account reconciliation process, including preparation & review
• Coordinate and/or prepare quarterly Statutory Reporting for North American entities within Shared Services
• Issue P&L & Balance Sheet fluctuation explanations to local and corporate colleagues
• Perform analysis of P&L & Balance Sheet accounts
• Present the Quarterly Balance Sheet Highlights to senior management
• Preparation of Balance Sheet & Cash Flow Budgets
• Responsible for the completion of weekly, monthly, and quarterly cash flow forecasting & analysis.
• Review and approve weekly payment processing
• Responsible for Quarterly Finance Share Services KPI development, gathering & presentation
• Responsible for monthly & quarterly Capital Expenditures & Fixed Assets Reporting
• Ensure related party balance confirmations alignment on a quarterly basis
• Work with various functional areas to develop monthly/quarterly accruals
• Collaborate with tax department on annual tax provision & sales tax
• Develop year end calendar & action items
• Identify and implement process improvements (e.g. to streamline, automate, and simplify G/L activities)
• Manage various SAP Finance projects and initiatives (such as upgrades, enhancements)
• Lead or participate in cross functional or ad-hoc projects
• Provide direction and assist with monthly, quarterly, annual government reports
• Prepare/update Finance Standard Operating Procedures
• Manage and assist in the completion of the interim & annual audit, including direct involvement with the external auditors.

SUPERVISORY RESPONSIBILITIES:

• 3 Direct Reports-Sr. Manager, Accounting & 2 Senior Accountants Plus 3 Indirect Reports reporting to Sr. Manager of Accounting

CORE COMPETENCIES: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the core competencies required.

• Leadership Skills including proven business partnering and communication skills.
• Experience working as a cross-functional business partner to drive timely and accurate results.
• Must have strong organizational skills with the ability to multi-task; manage multiple projects simultaneously
• Proficient in Microsoft Office specifically Word, PowerPoint, and Excel
• Able to work in a team environment as well as individually
• Strong written and oral communication skills

EDUCATION and/or EXPERIENCE REQUIRED:

• BS/BA degree or MBA in Accounting
• 8-10 years minimum finance / accounting experience
• At least 5 years of management experience
• Big Four public accounting experience preferred
• Pharmaceutical industry experience a plus
• Strong technical accounting knowledge is required
• SAP software experience; S/4 Hana a plus
• International Accounting Standards (IAS) knowledge a plus
• Blackline - Account Reconciliation tool a plus
• Sage Treasury System experience a plus
• Experience with financial accounting systems.
• Experience leading and developing a high performing team.
• Ability to build strong interpersonal relationships including senior management.

CERTIFICATES, LICENSES, REGISTRATIONS:

• CPA certification required.

The position is hybrid with a possibility of in office presence as determined by manager or business needs.

Bracco Diagnostics Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, or any other protected status.

Other details

• Job Family Bracco
• Pay Type Salary