Manager of Operational Accounting

Ufp Technologies - Newburyport, MA

Full-time - Mid Level

Newburyport, MA

Plastics and Rubber Products Manufacturing

About the position

The Manager of Operational Accounting at UFP Technologies, Inc. is responsible for overseeing the operational accounting areas including Inventory/Costing, Accounts Payable, and Accounts Receivable. This role ensures compliance with accounting principles and practices for a publicly traded manufacturing company, supervising the respective departments to guarantee timely and accurate financial reporting. The position also involves significant input on implementing automated accounting solutions and managing a team effectively.

Responsibilities

• Manage day-to-day activities of the accounts payable and accounts receivable departments to ensure timely and accurate performance.
• Oversee the company-wide credit, collection, and cash application process, ensuring adherence to policies and internal controls.
• Manage the inventory accounting process, providing support for plant locations with inventory and costing issues.
• Support monthly, quarterly, and year-end closings, including detailed account reconciliations for assigned functions.
• Analyze balance sheet accounts monthly to ensure integrity and accuracy.
• Assist the controller with quarter-end and year-end audits by a third-party public accounting firm.
• Support the management of the company's commercial insurance programs.
• Assist with preparation for external audits and financial reporting.
• Prepare periodic tax and statutory filings, including sales and use taxes, property taxes, and 1099 filings.
• Monitor and analyze department work to develop efficient procedures for continuous improvement.
• Assist in the development, implementation, and training of new automated systems.
• Provide financial analysis to support decision-making and explain financial variances.

Requirements

• Bachelor's degree in Accounting.
• Minimum of 10 years of directly related experience in progressively responsible positions.
• At least 5 years of experience managing personnel.
• Experience in the manufacturing industry and inventory/cost accounting is required.
• Strong Excel skills are necessary.
• Experience with Epicor ERP systems is a plus.
• Self-starter with the ability to function independently with minimal supervision.
• Strong interpersonal communication skills, both verbal and written.

Nice-to-haves

• Experience with automated accounting solutions.
• Familiarity with financial analysis and reporting.

Benefits

• Medical, Dental, Vision, Life, Disability Insurance
• 401K with a matching contribution
• Paid time off
• Paid holidays
• Employee discounts