Senior Financial Accountant

About PSC Biotech

Who are we?

PSC Biotech is a leading Biotech Consultancy firm founded in 1996, headquartered in Pomona, California, USA, with Global operations in Ireland, India, Singapore, Australia and the US, serving 350 clients in more than 23 countries worldwide. We provide cloud-based software solutions for Quality Management and Regulatory Inspections, pharmaceuticals contract manufacturing professionals, and metrology services to our clients.

‘Take your Career to a new Level’

PSC Biotech disrupts the conventional consultancy model by aligning our EVP as one of the unique selling point which includes the opportunity to work with the most talented cohort of like-minded professionals operating in the Pharma/ Biotech Industry. We offer a permanent contract of employment giving exposure of working in Top Pharmaceutical client sites in a diverse-cultural work setting.

Employee Value Proposition

Employees are the “heartbeat” of PSC Biotech, we provide unparalleled empowering career development though Learning & Development in-house training mentorship through constant guidance to facilitate career progression. We believe in creating high performing teams that can exceed our client’s expectations with regards to quality of all scalable and business unit deliverables, staying under budget and ensuring timelines for our deliverables are being met.

Overview:

Seeking a highly motivated Senior Financial Accountant to join our Technical Operations (TOPS) Finance team. The Senior Financial Accountant will be part of the Consolidated Reporting team within the TOPS Finance organization. This team has global responsibility for TOPS reporting including inventory costing, excess & obsolescence, SOX compliance, US GAAP audits, intercompany profit elimination and balance sheet reconciliations. The Senior Financial Accountant will be part of a team responsible for global manufacturing and supply chain finance operations for  products throughout multiple stages of production and distribution.

This position will be a key member of a cross-functional accounting team, collaborating extensively with regional and global finance teams and technical operations teams.
12 Month of Contract with possibility of an extension.

Requirements

Responsibilities:

• Month-end close responsibilities include journal entry preparation and submission, balance sheet reconciliations and review of monthly financial results in accordance with US GAAP and submission of close deliverables.
  
• Assist with preparation of consolidated financial management reporting for TOPS for balance sheet and P&L inventory areas.
  
• Maintain internal controls in line with corporate standards, GAAP and Sarbanes Oxley requirements. Work with internal and external auditors as required.
  
• Accounting for manufacturing activity including material purchases, overhead absorption and contract manufacturing costs.
  
• Conduct data mining and analysis, interpreting and communicating information to relevant stakeholders in a meaningful and actionable way.
  
• Ensure correct accounting for Buy/Sell entities and all intercompany inventory transactions, including calculating and recording Profit in Inventory (PII) eliminations.
  
• Evaluate inventory balances for excess and obsolescence and determine need for inventory reserves.
  
• Review and analyse inventory variances on a monthly basis and work with business functions to understand drivers.
  
• Participate in the annual standard cost setting process through analysis of costing results, and identification of differences, outliers and key movements.
  
• Review and maintain cycle counts and initiate action on any discrepancies.  Work closely with CMO, supply chain and manufacturing departments to ensure inventory accuracy at all locations.
  
• Establish relationships with Corporate & Regional Finance teams to ensure all reporting requirements are performed timely and accurately.
  
• Develop an understanding of material flow from bulk manufacturing through to fill/finish stage to ensure accuracy of inventory values.
  
• Monitor production plans for bulk manufacturing and CMO activity to ensure accurate inventory valuation and completeness of overhead absorption.
  
• Represent TOPS Finance in local and global projects and initiatives.  Engage in continuous improvement initiatives to drive process efficiencies and participate in transformation projects as required.
  
• Collaborate with ERP and global finance teams to identify and introduce process enhancements to improve efficiency.
  
• Interact and collaborate effectively within workgroup and area of expertise. Participate effectively on cross-functional teams, offering views and actively solicits ideas from others in seeking sound business solutions. Encourage others in fostering effective teamwork. Demonstrate very strong customer service orientation.
  

Education:

• ACA/CCA/CIMA/CPA qualification.
  

Experience:

• Experience in a multi-national organization and inventory accounting experience is preferred.
  
• Demonstrate experience in process improvement initiatives and working on own initiative.
  
• Knowledge of US GAAP, Sarbanes Oxley and internal control environment desirable.
  
• Experience with an integrated ERP system, general ledger functions, sub-ledger processes, and period closing.  Understanding of relationship of other accounting functions to manufacturing accounting.  SAP experience is a distinct advantage.