Senior Accountant II

MSD Careers • Rockville, MD

17h • Hybrid

About The Position

The General Ledger Senior Accountant II supports monthly, quarterly, and annual close processes by preparing journal entries and general ledger reconciliations for consolidated and non-consolidated legal entities, with an emphasis on technically challenging areas. The role also calculates royalties, bonuses, and commissions; supports fixed-asset, debt, and lease accounting; and contributes to audit preparation, financial analysis, and finance process improvement. The position works with the General Ledger Team and representatives from other departments to support timely and reliable financial results.

Requirements

• Bachelor’s degree in Accounting.
• At least 6 years of accounting experience.
• Strong knowledge of accounting fundamentals, including GAAP, and the ability to document and follow accounting policies and procedures.
• Strong analytical skills, including the ability to gather and evaluate complex information and develop recommendations and plans of action.
• Working knowledge of ASC 606, Revenue Recognition.
• Working knowledge of ASC 740, Income Taxes.
• Proficiency with accounting systems and designing and maintaining spreadsheets and databases, particularly Microsoft Office and Microsoft Excel.
• Ability to work independently, contribute effectively as a team member, and work with all levels of the organization.
• Attention to detail and commitment to excellence and performance.
• Excellent organizational, planning, and time-management skills; ability to manage multiple changing priorities and complex issues while meeting time-sensitive deadlines.
• Ability to resolve complex departmental problems and implement solutions involving cross-functional coordination.
• Ability to build and foster relationships.
• Excellent verbal and written communication skills, including the ability to organize, present, and articulate ideas.
• Ability to perform ad hoc reporting and other tasks in a demanding financial environment with changing priorities.
• Ability to maintain good relationships with internal and external customers and demonstrate cooperative, courteous, and flexible interpersonal skills.
• Ability to meet the role’s physical demands, including frequent sitting, talking, and hearing; occasional walking, use of hands and fingers to operate, handle, or feel objects, tools, or controls, and reaching with hands and arms; communicating and exchanging information; using necessary equipment; and moving about the office.

Nice To Haves

• Certified Public Accountant (CPA) preferred.
• Knowledge of government accounting standards is a plus.

Responsibilities

• Prepare journal entries and supporting workpapers to substantiate their accuracy.
• Ensure accounting records comply with Generally Accepted Accounting Principles (GAAP), and evaluate accounting guidance as needed.
• Assist in documenting the Company’s accounting policies and procedures and comply with financial internal controls.
• Prepare monthly account reconciliations, validate account balances, research and resolve discrepancies, and provide supporting documentation.
• Analyze financial statements and explain variances from prior periods.
• Calculate royalties, bonuses, and commissions in accordance with legal documents and/or MSD policy.
• Reconcile the fixed-asset subledger, including reviewing construction in progress and posting it to fixed assets within one month of its in-service date.
• Execute required JDE fixed-asset accounting processes to record, place in service, and depreciate fixed assets in accordance with company policy and US GAAP; ensure the fixed-asset subledger and general ledger are in balance.
• Coordinate with representatives from other MSD departments to identify accruals for monthly close.
• Prepare debt and lease reconciliations and amortization schedules in accordance with ASC 842.
• Prepare debt compliance schedules and calculations as required by debt agreements.
• Communicate with the General Ledger Team about accounting or other issues that may affect the timeliness or reliability of financial results.
• Assist with year-end audit preparation, ad hoc reporting, and financial analyses.
• Prepare schedules and provide information for the Company’s annual audit.
• Assist the Accounting Director and Financial Reporting Manager with research on GAAP pronouncements, including ASC Topic 842 on Leases.
• Participate in Finance process improvement projects.
• Perform other duties as assigned.

Benefits

• Medical, dental, and vision coverage, plus prescription benefits.
• 401(k) plan with company matching.
• Flexible spending accounts.
• Company-paid short- and long-term disability insurance.
• Group life and accidental death and dismemberment insurance.
• Paid vacation, paid sick leave, and 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.
• Employees may qualify for a discretionary or non-discretionary bonus.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior