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Accounting Manager

UFP Technologies, Inc.
United States, Massachusetts, Newburyport
100 Hale Street (Show on map)
January 08, 2023
About UFP Technologies :

UFP Technologies is an innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market. Utilizing highly specialized foams, films and plastics, UFP converts raw materials through laminating, molding, radio frequency welding, and fabricating techniques. The Company is diversified by also providing highly engineered solutions to customers in the aerospace & defense, automotive, consumer, electronics and industrial markets.

UFP Technologies offers a competitive benefits package, including but not limited to medical, dental, vision, life, disability, 401K with a matching contribution, paid time off, paid holidays, employee discounts and much more!

Summary:

The Accounting Manager is responsible for maintaining accounting principles, practices, and procedures for a publicly traded manufacturing company with multiple reporting entities in order to ensure accurate and timely financial statements. This position supervises the general accounting and accounts payable departments (located in MA) and is responsible for managing the team so that work is properly allocated and completed in a timely and accurate manner.


Essential Duties and Responsibilities:

At the corporate organizational level, plans and directs accounting activities within the finance department by performing the following duties personally or through subordinate supervisors:

  • Maintains corporate accounting system, ensuring the general ledger structure is adhered to consistently, all data is preserved, and all internal controls are in place.
  • Manages and supports all aspects of monthly, quarterly, and year-end closings, including detailed account reconciliations.
  • Manages day-to-day activities of the accounts payable and general accounting departments to ensure that each function is performed in a timely, accurate, and well controlled manner. Provides adequate backup to maintain each department's critical deadlines during planned and unplanned absences.
  • Analyzes all balance sheet accounts on a monthly basis, ensuring their overall integrity and accuracy.
  • Assists the controller in the management of quarter-end and year-end audits performed by a 3rd party public accounting firm, ensuring favorable and timely completions.
  • Manages and supports other financial and related tax, bank, and insurance audits. Assists with preparation of external audit materials and external financial reporting.
  • Works closely with 3rd party tax accountants throughout the year, providing support documentation for the annual tax returns, as well as periodic unscheduled audits.
  • Manages and supports the preparation of all periodic tax and statutory filings including but not limited to sales and use taxes, property and excise taxes, franchise and annual reports, 1099 filings, annual misc. business censuses, surveys, etc.
  • Monitors and analyzes department work to develop more efficient procedures and use of resources for continuous improvement in meeting critical deadlines accurately and timely.
  • Assists in the development, implementation, and training of new systems.
  • Provides on-demand financial analysis to support decision making; explain monthly, quarterly, and annual financial variances.
  • Maintains and updates company-wide financial reporting system, including the development and distribution of reports, as needed.
  • Acts as co-administrator for all banking functions, included but not limited to, check signing, account access, approving positive pay exceptions, daily borrowing needs, and stop payments.


Education / Experience:

  • Bachelor's degree in accounting, and a minimum of 10 years of directly related experience in positions demonstrating progressive responsibility.
  • Minimum of 5 years of experience managing personnel desired.
  • Epicor ERP systems experience a plus.
  • Manufacturing industry and cost accounting experience a plus.
  • Strong excel skills required.

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UFP Technologies, Inc. is an Equal Opportunity/Affirmative Action employer Minorities/Women/Veterans/Disabled.

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