Overview

Position reports to the DSA Director of Accounting and Director of Products Division for a division that has $4.5 million in product sales. This is a low volume, mixed mode manufacturing environment producing research instruments and supplies since 1974.This role is responsible for providing a bridge between the Products Division and the Finance Department, and is responsible for providing direction, execution, and control of financial processes related to the business unit. The division has recently implemented a new ERP system and this position will assist with post-Go Live activities and completion of setting up new processes, reports, etc. The accountant will work closely with management and operational staff to make continuous improvements while remaining in compliance with regulatory requirements. The role is focused on three primary directives:

The ideal candidate will be able to work an in person or hybrid schedule and commute to the West Lafayette office however we will consider fully remote candidates for this opportunity.

Responsibilities

Bookkeeping-

• Daily collections activity, cash receipts and invoicing
• Work with customers, sales reps, and internal departments to resolve invoice and account discrepancies
• Post customer payments by recording cash, checks, and credit card transactions
• Resolve collections by examining customer payment plans, payment history, and credit line
• Check A/P invoices for accuracy, verifying with internal PO documentation as well as posting and entering invoices to correct G/L accounts
• Process bi-weekly check run and prepare all electronic payments (ACH & Wire)
• Review and verify freight invoices and resolve discrepancies with the carrier and internal departments
• Interface with vendors in relation to A/P
• Reconciling bank account

Cost Accounting-

• Develop and maintain the cost accounting system, documents, and records of the organization.
• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• Monitor sales and cost of sales analysis by product family and make recommendations for price adjustments.
• Provide data to assist with price-setting with existing, new or proposed products.
• Provide annual or as-needed updates to standard costing in the ERP system.
• Support continuous improvement modeling for purchase savings, labor reduction and other cost-saving measures.
• Identify any scrap in material, expense, time, or tools.
• Review inventory and costing data to ensure data is accurate.
• Act as main finance liaison for the business division
• Consider SOX controls necessary in the business processes and the ERP system.
• Set up system functionality for an annual physical inventory process as well as weekly/monthly cycle count activity.

Month End Close, Reporting & Planning-

• Work with the finance team to perform month end closing, including confirmation of inter-company trade balances.
• Document a defined closing process for month, quarter and year-end.
• Prepare monthly balance sheet reconciliations. Prepare, analyze, and review financial statements
• Maintain general ledger and other financial data
• Calculate and record daily/weekly journal entries
• Prepare and distribute weekly production reports and help ensure compliance with shop floor data entry.
• Provide requested reports to management, finance, operations and sales teams to support ongoing business initiatives.
• Provide regular reports on inventory levels, including excess & obsolete. Manage financial aspects of physical inventory and cycle counting.
• Assist with annual planning and monthly forecasting for Products Division
• Maintain up to date list of fixed assets

Qualifications

Education: Bachelor’s Degree in Accounting preferred

Experience:

• Overall work experience 5 -7 years, minimum 2 - 5 year experience in a manufacturing or similar production environment preferred.
• Computer proficiency in Microsoft office products
• Minimum 2 years direct experience with Enterprise Resource Planning (ERP) software.

Other Skills/Abilities:

• Excellent verbal and written communication skills
• Able to interact effectively and professionally with BASi staff and management, and with outside vendors and customers
• Committed to personal improvement through participation in educational opportunities
• Is a creative problem-solver and is willing to talk through new ideas with the team
• Familiar with financial regulatory requirements, and can articulate these requirements to colleagues
• “Self-starter” that needs little guidance to initiate and move forward with work
• Excellent organizational skills and attention to detail, and demonstrates effective use of time and resources
• Routinely meets agreed deadlines
• Can work comfortably under pressure, and deliver on tight deadlines

*This position could be offered at different levels for candidates who qualify with a combination of advanced levels of education and/or years of experience. The salary range will adjust along with the level of the role to match the person’s relevant experience and/or education level.

Inotiv is a growing contemporary drug discovery and development company where we “Play to Win” in an industry rich with opportunity. Together, we face challenges and together we win in the delivery of world-class drug discovery and development solutions that impact the health and well-being of people all over the world. There’s an opportunity for everyone at all phases of a career, each individual’s unique skill set has an impact on the work we conduct. If you have the talent and desire to impact the quality of people’s lives, we have the career opportunities to make it happen. Join us in embracing research and science to impact the health and well-being of people all over the world.

Inotiv has been named a 2023 Top Workplace!

Salary will be commensurate with experience and responsibilities. Benefits include health and dental coverage, short- and long-term disability, paid time off, paid parental leave, 401K participation with company match, and more!

Inotiv is an Equal Opportunity Employer. It is our policy to provide a fair and equal employment opportunity to all persons, regardless of age, race, color, religion, sex, gender, gender identity, gender expression, sexual orientation, genetic information, disability, national origin, veteran status, or any other basis prohibited by law. This policy governs all aspects of employment, including selection, job assignment, compensation, discipline, termination and access to benefits and training.

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