Accounting Supervisor
COMPANY Overview:
Balchem Corporation develops, manufactures and markets specialty ingredients that improve and enhance the health and well-being of life on the planet, providing state-of-the-art solutions and the finest quality products for a range of industries worldwide. Our corporate headquarters is located in New Hampton, New York, (Hudson Valley area) and we have a broad network of sales offices, manufacturing sites, and R&D centers, primarily located in the US and Europe. Founded in 1967, Balchem is a publicly traded company (NASDAQ - BCPC) with annual revenues over $790 million and a market cap exceeding $4.0 billion. The company consists of three business segments:
Human Nutrition & Health; Animal Nutrition & Health; and Specialty Products. Balchem employs over 1,300 people worldwide who are engaged in diverse activities, committed to developing the company into global market leadership positions. To learn more about our dynamic, stable and growing company, visit POSITION
Summary:
Reporting to the Sr. Manager of Accounting and Reporting, the Accounting Supervisor will perform accounting department functions, support preparation of both internal and external financial statements and other financial information, as well as supervise accounting staff. Responsibilities include executing and/or reviewing all assigned accounting entries according to company policies and conforming to Generally Accepted Accounting Principles, preparation of financial reporting, and ensuring controls are followed and in full compliance with SOX requirements. Responsible for completing and/or reviewing account reconciliations, analyzing and explaining variances, working with relevant management to understand and address revenue, costs and trends, and making recommendations for improvements across areas of responsibility, where relevant. Will actively participate in optimizing the ERP system. This role interacts closely with accounting peers and will share and deploy best practices and agreed approaches. This position is also responsible for supervising accounting staff.
Essential Functions:
Prepare and enter journal entries Perform month-end accounting close functions Collect, analyze and summarize account information Review of staff members' work as needed Analyze and reconcile general ledger account balances Prepare expense account analysis as needed Prepare all US Balchem monthly financial reports (income and departmental statements, balance sheet, and statement of cash flows) for management review Assist in the preparation and filing of forms 10-K and 10-Q Review and analysis of key variance accounts on a monthly basis; make corrections as necessary and report results to management Assist in the monthly financial statement consolidation as needed Provide variance analysis (v. budget and/or v. prior periods and/or v. forecast) Supply internal audit team with information and analysis for SOX and other internal audit testing as required Supply external audit team with information and analysis for annual audits and quarterly reviews as required Support budget and forecast processes as required Keep up with financial policies, regulations and legislation Follow and enforce all safety policies and procedures; work to advance and promote the safety culture of the organization Special projects as requested by management Supervision and development of accounting staff. REQUIREMENTS:
Build solid working relationships and partner closely with peers, business, functional and finance teams Strong business sense, attention to detail and a strong desire to grow professionally are keys to success in this challenging position Understands implicitly how to manage and work with multiple and diverse stakeholders Articulate with excellent presentation, verbal and written communication skills Collaborative team player, excellent interpersonal, and team-building skills Able to work in a fast-paced environment; able to multi-task with proven follow-through and adherence to changing priorities and deadlines Strong problem-solving skills Willing to roll up their sleeves Strong work ethic with self-accountability for high-quality results Organizationally savvy with ability to effectively manage in a matrixed and global complex organization Ability to work independently Positive attitude and perseverance in the face of challenges and/or changing circumstances High-energy, proactive, self-starter capable of completing a diverse workload within tight timelines Highest standards of ethical conduct and integrity Absolute discretion and confidentiality regarding sensitive information Change agent and driver of high-performance culture Bachelor's degree in accounting, finance or related discipline; CPA or MBA a plus 5-7 years relevant experience, knowledge of financial reporting and functions Proficient in financial ERP software Requires strong oral and written communications skills, computer literacy and professional presentation. Strong analytical skills Solid knowledge of accounting principles, practices, and financial reporting Proficient in Microsoft Office Suite (Outlook, Word, Excel, and PowerPoint) Work requires willingness to work a flexible schedule when necessary. #IN Balchem is committed to a workplace culture that values and promotes diversity, inclusion, equal employment opportunities, and a work environment free of harassment and hostility.
Salary Range:
$80K -- $100K
Minimum Qualification
AccountingEstimated Salary: $20 to $28 per hour based on qualifications.
Balchem Corporation develops, manufactures and markets specialty ingredients that improve and enhance the health and well-being of life on the planet, providing state-of-the-art solutions and the finest quality products for a range of industries worldwide. Our corporate headquarters is located in New Hampton, New York, (Hudson Valley area) and we have a broad network of sales offices, manufacturing sites, and R&D centers, primarily located in the US and Europe. Founded in 1967, Balchem is a publicly traded company (NASDAQ - BCPC) with annual revenues over $790 million and a market cap exceeding $4.0 billion. The company consists of three business segments:
Human Nutrition & Health; Animal Nutrition & Health; and Specialty Products. Balchem employs over 1,300 people worldwide who are engaged in diverse activities, committed to developing the company into global market leadership positions. To learn more about our dynamic, stable and growing company, visit POSITION
Summary:
Reporting to the Sr. Manager of Accounting and Reporting, the Accounting Supervisor will perform accounting department functions, support preparation of both internal and external financial statements and other financial information, as well as supervise accounting staff. Responsibilities include executing and/or reviewing all assigned accounting entries according to company policies and conforming to Generally Accepted Accounting Principles, preparation of financial reporting, and ensuring controls are followed and in full compliance with SOX requirements. Responsible for completing and/or reviewing account reconciliations, analyzing and explaining variances, working with relevant management to understand and address revenue, costs and trends, and making recommendations for improvements across areas of responsibility, where relevant. Will actively participate in optimizing the ERP system. This role interacts closely with accounting peers and will share and deploy best practices and agreed approaches. This position is also responsible for supervising accounting staff.
Essential Functions:
Prepare and enter journal entries Perform month-end accounting close functions Collect, analyze and summarize account information Review of staff members' work as needed Analyze and reconcile general ledger account balances Prepare expense account analysis as needed Prepare all US Balchem monthly financial reports (income and departmental statements, balance sheet, and statement of cash flows) for management review Assist in the preparation and filing of forms 10-K and 10-Q Review and analysis of key variance accounts on a monthly basis; make corrections as necessary and report results to management Assist in the monthly financial statement consolidation as needed Provide variance analysis (v. budget and/or v. prior periods and/or v. forecast) Supply internal audit team with information and analysis for SOX and other internal audit testing as required Supply external audit team with information and analysis for annual audits and quarterly reviews as required Support budget and forecast processes as required Keep up with financial policies, regulations and legislation Follow and enforce all safety policies and procedures; work to advance and promote the safety culture of the organization Special projects as requested by management Supervision and development of accounting staff. REQUIREMENTS:
Build solid working relationships and partner closely with peers, business, functional and finance teams Strong business sense, attention to detail and a strong desire to grow professionally are keys to success in this challenging position Understands implicitly how to manage and work with multiple and diverse stakeholders Articulate with excellent presentation, verbal and written communication skills Collaborative team player, excellent interpersonal, and team-building skills Able to work in a fast-paced environment; able to multi-task with proven follow-through and adherence to changing priorities and deadlines Strong problem-solving skills Willing to roll up their sleeves Strong work ethic with self-accountability for high-quality results Organizationally savvy with ability to effectively manage in a matrixed and global complex organization Ability to work independently Positive attitude and perseverance in the face of challenges and/or changing circumstances High-energy, proactive, self-starter capable of completing a diverse workload within tight timelines Highest standards of ethical conduct and integrity Absolute discretion and confidentiality regarding sensitive information Change agent and driver of high-performance culture Bachelor's degree in accounting, finance or related discipline; CPA or MBA a plus 5-7 years relevant experience, knowledge of financial reporting and functions Proficient in financial ERP software Requires strong oral and written communications skills, computer literacy and professional presentation. Strong analytical skills Solid knowledge of accounting principles, practices, and financial reporting Proficient in Microsoft Office Suite (Outlook, Word, Excel, and PowerPoint) Work requires willingness to work a flexible schedule when necessary. #IN Balchem is committed to a workplace culture that values and promotes diversity, inclusion, equal employment opportunities, and a work environment free of harassment and hostility.
Salary Range:
$80K -- $100K
Minimum Qualification
AccountingEstimated Salary: $20 to $28 per hour based on qualifications.
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