Senior Accountant
Senior Accountant
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Job Description
If youre looking for a special place to build or grow your career youve found it. Whether youre an experienced professional a recent college graduate or somewhere in between IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.
With interesting opportunities in engineering marketing sales supply chain operations HR finance and more across more than 40 diverse businesses around the globe chances are we have something special for you.
SUMMARY
IDEX Health and Science a global authority in Optics and Fluidics seeks an individual for a Senior Accountant to work as part of our Inventory and Costing Team. This position will play a critical role to understand and analyze the inventory costs associated with the manufacturing processes at our Optics and Fluidic sites.
The Senior Accountant is responsible for the timely accurate collection reporting of cost related financial information and cost variance analysis. This role requires the ability to analyze and interpret general business information perform professional journals and understand technical procedures and policies. This role will also generate reports and effectively present information to management team finance groups and operations team members.
SCOPE / MANAGEMENT & INTERACTION:
The Senior Accountant reports to the Cost and Inventory Controller. The position will collaborate with other Cost & Inventory Business Partners other operational site leaders FP&A analysts and works across the LSO and Fluidics organization on standardizing Cost & Inventory functions.
KEY RESPONSIBILITIES AND ESSENTIAL FUNCTIONS
- Key Responsibilities include;
- Monitor review and analyze daily manufacturing activities. Provide variances and root cause analysis for relevant accurate and timely input and performance reporting
- Perform daily cost accounting tasks such as:
- Review of Cycle count and inventory adjustments
- New part costing
- Engineering Change Orders / Revisions
- Ensure completeness and accuracy of work orders on a weekly and monthly basis and analyze/explain variances
- Perform monthly inventory General Ledger to perpetual reconciliation and balance sheet reconciliations
- Perform quarterly analysis for Excess and Obsolete Inventory
- Calculate Direct Material inflation and understand changes year over year.
- Perform quarterly Intercompany Profit Elimination analysis
- Partner with sites and lead financial portion of annual physical inventories
- Complete monthly compliance reporting per IDEX policies and procedures
- Analyze Material Variances and recommend and/or implement process improvements
- Analyze Labor Efficiencies and coordinate with Operations teams on main drivers of variances
- Complete SOX audits and implement corrective actions related to Cost & Inventory
- Oversee the Annual Cost Rolls including the preparation and analysis of the Labor and Burden Studies
- Review and recommend process improvements and standardization across 5 manufacturing sites in accordance with IDEX policies
- Assist with forecasting and budgeting functions for all site manufacturing operations
JOB QUALIFICATIONS
- Bachelors Degree in Finance or Accounting
- Minimum of three (2) to three (3) years of Accounting experience in a manufacturing environment
- Strong grasp of GAAP accounting and cost accounting concepts
- Familiar with Standard Cost methodology
- Experience with ERP systems is required JD Edwards preferred
- Expert skills in Excel and SAP Web Intelligence; high proficiency in OneStream and other Microsoft Office Applications Power BI preferred
INTERPERSONAL QUALIFICATIONS
- Excellent analytical skills with a strong focus on accuracy and attention to detail
- Excellent communication and interpersonal skills
- Ability to work and contribute in a virtual team environment
- Self-motivated focused and able to identify needs and implement solutions with minimal supervision
- Understanding of fundamental financial concepts practices and procedures
Are you ready to join a different kind of company where our people our culture and our commitments are centered around providing trusted solutions that improve lives around the world
Total Rewards
The compensation range for this position is $76200.00 - $114400.00 depending on experience. This position may be eligible for performance based bonus plan.Benefits Package
Our comprehensive U.S. benefit offerings include: Health benefits 401(k) retirement savings program with company match PTO and more. More information on our benefits and rewards can be found on our career page: is an Equal Opportunity Employer. IDEX gives consideration for employment to qualified applicants without regard to race color religion creed genetic information sex sexual orientation gender identity or expression marital status age national origin disability protected veteran status or any other consideration or protected category made unlawful by federal state or local laws.
Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process please let us if you are limited in the ability to access or use this online application process and need an alternative method for applying we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.
Required Experience:
Senior IC
Employment Type
Full-Time
