Associate Director, Transactional Accounting

MSD Careers•Rockville, MD

12d•Hybrid

About The Position

POSITION SUMMARY: The Associate Director, Transactional Accounting is responsible for the Organization’s financial transaction processing including Payroll, Accounts Payable (A/P) and Accounts Receivable (A/R). This position will manage the daily activities of the Payroll, Accounts Payable and Accounts Receivable staff.

Requirements

Bachelor’s degree in Accounting, Finance, Information Technology or related field.
A minimum of eight years of progressively professional experience with responsibility for all facets of accounting.
Two years of management experience.
Knowledge of accounting practices in accounts payable, accounts receivable, payroll, related journal entries, and account reconciliations.
Strong knowledge of accounting fundamentals including US GAAP. Knowledge of Enterprise Resource Planning (ERP) systems including experience in designing and implementing system enhancements and process improvements. JD Edwards experience preferred.
Solid leadership skills with demonstrated knowledge and understanding of staff management practices and processes and the ability to establish accountabilities and expectations and manage performance to achieve results.
Excellent organizational, planning, and time management skills with the ability to manage multiple and often changing priorities while meeting time-sensitive deadlines and deliverables.
Demonstrated capacity to lead and build strong teams as well as attract and develop exceptional talent. Ability to establish accountabilities, expectations and manage performance to achieve goals.
Excellent communication skills with the ability to organize, present, and articulate ideas both verbally and in writing.

Nice To Haves

CPA preferred
JD Edwards experience preferred.

Responsibilities

Provide oversight to the payroll, accounts receivable and accounts payable functions to ensure accuracy and timely processing.
Perform thorough review of payroll registers, 401K contributions, invoicing, collections, check and ACH runs, wire support, settlement of intercompany transactions and accounting system data entry and reconciliation.
Support staff in the resolution or remediation of any open issues or bottlenecks related to all aspects of financial transaction processing including employee payments, expense reports, credit cards, sales tax, collections, invoices and credit memos, three-way match variances and payment approvals.
Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals. Promote a culture of high performance and continuous improvement that values learning and a commitment to quality.
Provide Tax Department with timely monthly, quarterly and annual information as required.
Provide guidance and direction to staff for the purpose of maintaining organized and detailed financial accounting records and files to document transactions.
Assist in identifying new solutions to achieve both efficient and best practices.
Ensure accurate and timely reporting of transactional information to the VP of Finance pursuant to the pre-established close calendar.
Ensure all Payroll, A/R, A/P and Treasury procedures, cash application, accounting system data entry, and reconciliations comply with internal controls, US GAAP and government or other audit requirements.
Foster a work environment that is accountable to the business, encourages creativity, drives performance, and effectively develops key performers.
Perform other duties as assigned.

Benefits

comprehensive benefits package to support our employees' well-being and financial security
competitive salaries
medical, dental, and vision coverage, along with prescription benefits
401(k) plan with company matching
flexible spending accounts
company-paid short- and long-term disability insurance as well as group life and accidental death and dismemberment insurance
paid vacation
paid sick leave
paid holidays
paid parental leave
employee assistance program
fitness club membership contribution
pet insurance
identity theft protection
home and auto insurance discounts
optional supplemental life insurance