Accounting Manager at NAPCO Security Technologies
Amityville, NY 11701
About the Job
Position: Accounting Manager
Company: NAPCO Security Technologies
Location: Amityville NY
The Company: Napco Security Technologies, Inc (“NAPCO”, “the Company”, “we”) is one of the leading manufacturers and designers of high-tech electronic security devices, cellular communication services for intrusion and fire alarm systems, as well as a leading provider of school safety solutions. We offer a diversified array of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. These products are used for commercial, residential, institutional, industrial, and governmental applications, and are sold worldwide principally to independent distributors, dealers and installers of security equipment.
Position Summary:
The Accounting Manager will oversee the accounting department, ensuring accurate and timely financial reporting, implementation of robust financial controls, and compliance with GAAP and other regulatory requirements. This role requires a strategic leader with strong technical accounting skills, excellent management capabilities, and the ability to drive process improvements. This position reports to the Controller.
Responsibilities:
- Managing banking platform including, reviewing and approving wires, creating new vendors in banking platform and bank reconciliation.
- Supervise the daily operations of the accounting team (direct, indirect and growing) including Accounts Payable, Accounts Receivables, fixed assets, intercompany, leases and accrued expenses.
- Responsible for various month end journal entries including, but not limited to, accrued expenses, cut-off of inventory, payroll and commissions calculations.
- Ensure timely and accurate monthly, quarterly, and annual financial close processes. Review journal entries, account reconciliations and internal control documentation, as necessary.
- Prepare accurate and timely financial statement fluctuation analysis for related areas including monthly, quarterly and annual budgets.
- Execute and coordinate accurate and timely financial reporting requirements with the SEC, including assistance with preparation of Forms 10-Q, 10-K and others.
- Review, analyze, and report on disaggregated and consolidated results to Controllership, other finance functions, and members of senior management. Develop internal analyses and reports that are scalable for future growth.
- Ensure accurate and timely filing with IRS, state and other jurisdiction requirements.
- Identify and implement process improvements to increase efficiency and effectiveness within the accounting function. Leverage technology and software tools to streamline accounting processes and improve data accuracy.
- Lead operational improvement initiatives and other ad hoc projects.
- Collaborate in the development, implementation and oversight of company-wide accounting policies and internal controls consistent with SEC, US GAAP and Sarbanes-Oxley compliance.
- Manage and coordinate external and internal audits and reviews, providing necessary documentation and support timely.
Qualifications:
- Bachelor’s degree in accounting/finance.
- Manufacturing industry experience.
- Public or private accounting experience.
- Strong Excel skills.
- In-depth knowledge of manufacturing operations, inventory valuation, and cost accounting; standard costing is a plus.
- Ability to manage several priorities, work cross-functionally, and meet tight deadlines.
- Strong analytical, problem solving and financial troubleshooting skills.
- Excellent written and verbal communication skills, with the ability to effectively bridge communication between Finance, Operations, and Information Technology Departments.
Preferred:
- Exposure to Infor XA (formerly MAPICS) and/or IBM AS400/iSeries platform.
- Experience with implementing a new accounting system, including system selection, configuration, testing and integration with existing processes.
Compensation and Benefits: We offer an attractive employment package including a competitive salary, 401(k), paid vacation, personal time off, paid holidays, long term disability insurance, tuition reimbursement, medical insurance, dental insurance, life insurance, and excellent growth potential.