Responsible for financial and sales analyses and preparing financial models, and review, analysis, and resolution of any inconsistencies in reports. This position also supports various month-end closing activities including journal entries and account reconciliation, and provides policy guidance and interpretation in support of company audits
Carries out responsibilities in accordance with the organization’s policies, procedures, and state, federal and local laws.
Utilizes BW as an analytical tool to prepare financial models for pricing, shelf stock, and promotional analysis, and to identify areas of loss. Performs analysis of customers inventory based on weeks on hand and months on hand calculations to estimate inventory levels and allowable price protection deductions. Makes recommendations to management on allowable dollar thresholds based on analysis.
Review and analyze accounts receivable aging. Analysis and resolution of chargeback/rebate deduction discrepancies to ensure timely application of outstanding debits/credits.
Reviews product returns data provided by third party vendors to ensure completeness and accuracy of information provided.
Assists in the financial audit of company accounts in support of internal and external audit teams by providing policy guidance and interpretation.
Supports month-end close by preparing journal entries and reconciling bank and general ledger accounts. Researches and resolves any errors. Prepares monthly management reports.
Provides training and technical assistance as needed
Current Good Manufacturing Practices (cGMP), Food and Drug Administration (FDA), and other regulatory requirements.
Generally Accepted Accounting Practices (GAAP) principles and methods.
Business and personal computer hardware and software applications including MS Office, MS Access, SAP, BW.
Principles and practices of general accounting, mathematical and statistical computations.
Current Company policies, practices and procedures, including safety rules and regulations.
Implementing goals, objectives and practices for effective, efficient and cost effective management of allocated resources.
Analyzing complex financial transactions for effective, efficient, and cost effective management of allocated resources.
Responding to inquiries or complaints from management, subordinate employees, customers, regulatory agencies and members of the business community.
Working with advanced mathematical and accounting concepts.
Planning, coordinating and performing professional accounting work related to the maintenance and development of financial, accounting and budgeting systems.
Establishing and maintaining cooperative working relationships with others. Maintain a flexible attitude. Leading and providing technical assistance and training to less experienced staff members.
Bachelor's Degree in Accounting, finance or equivalent from an accredited college or university, and two (2) to four (4) years accounting/finance work experience.
Watson Pharmaceuticals - 2 years ago