Now Hiring - Staff Accountant

Company: Horizon Therapeutics
Location: Vernon Hills
Posted on: November 20, 2022

Job Description:

Working at Horizon is more than a job - it's personal. For us, success is measured by the numbers that matter most - the number of lives we touch, the number we change and those we work tirelessly to help save. We're a team of agile, out-of-the-box thinkers who are inspired to do more because we know we're a part of something bigger. We strive to build meaningful careers at a company whose values we share because when we live up to our potential, we help others live up to theirs.

Responsibilities:

The Staff Accountant is a critical role on Horizon's U.S. Accounting team. This position is responsible for the U.S. inventory portfolio management function, Accounts Payable and Travel & Entertainment accruals, which plays an important role in the month-end close and financial statement reporting process. The position requires strong technical skills and experience in inventory accounting and analytics, compliance, and operational experience. It requires strong collaboration with our business partners in Trade Operations, Supply Chain, Manufacturing, Financial Planning & Analysis as this role is involved in various initiatives across multiple functions that combine people, processes, and technology to best support Horizon as it grows and evolves.

Duties include but are not limited to:

• Perform the inventory month/year-end close activities which include accurate and timely transactional processing of inventory movements, inventory balance verification sub-ledger to GL, preparing, reviewing and assessing journal entries, in-transit accruals, and reconciliations to ensure all Horizon Therapeutics financial transactions are properly recorded.
• Review and reconcile the 3PL inventory balances, movements and ensure that inventory balances are accurate and posted timely in accordance with the monthly close calendar.
• Compile the monthly inventory roll-forward and summarize the inventory values by category. Additionally, track and report the inter-company inventory sales critical for transfer price analysis.
• Partner with various internal or external customers to monitor and maintain the material sub-ledger (for Finished Goods, Work in Process, Raw Materials), and ensure proper accounting.
• Prepare accurate monthly Accounts Payable accrual file and prepare accrual entries. Additionally, at quarter-end complete the AP cut-off accrual assessment and record the impact.
• Prepare the monthly travel & entertainment accruals per Concur reports.
• Review, analyze and record adjustments for transactions posted in suspense.
• Compile balance sheet account reconciliations to meet closing deadlines and perform month-end close balance sheet variance analysis and explanations.
• Assess quarterly excess and obsolescence inventory reserves and record impact per our company policy. Additionally, communicate quarterly variances to upper management and provide variance commentary.
• Facilitate the quarterly ASC842 manufacturing agreement lease assessment and document impact in the quarterly accounting memo.
• Prepare quarterly inventory related supplemental schedules along with the inventory category break-down and provide commentary for the quarterly variances.
• Conduct annual physical inventory audit and provide quarterly inventory by state analysis to business partners across the organization.
• Assist in preparing and analyzing the quarterly forecasts for inventory and assigned accrual accounts.
• Perform analysis related to inventory as requested by management.
  • Prepare audit schedules for internal/external auditors and participates in annual review and testing of Sarbanes Oxley controls to ensure compliance.
  • Maintain knowledge of functional area and document policies and procedures.
  • Provide feedback to management concerning possible problems or areas of improvement. Offer recommendations to process improvement/automation.
  • Work on special assignments and ad-hoc reporting and accounting projects as assigned by management.
    
    Qualifications and Skills Required:
    
    • BS degree in accounting.
    • 3+ years of prior accounting experience, preferably in inventory.
    • CPA and public accounting experience strongly desired.
    • Experience with a major ERP financial system, particularly SAP, is a plus.
    • Advanced knowledge of Excel.
    • Proficient in Microsoft Office.
    • Detail oriented, strong analytical, interpersonal and customer service skills.
    • High level of integrity and values to ensure accurate reporting of financial data.
    • Great organizational skills and ability to meet deadlines.
    • Excellent written and verbal communication skills.
      Horizon Core Values & Competencies:
      
      Growth
      
      • Manages Ambiguity
      • Strategic Mindset
      • Demonstrates Self-awareness
      • Cultivates Innovation
      • Develops Talent
        
        Accountability
        
        • Drives Results
        • Ensures Accountability
        • Decision Quality
          
          Transparency
          
          • Courage
          • Collaboration
          • Instills Trust
            
            Horizon requires all U.S. employees to be fully vaccinated, as a condition of employment, with either Pfizer (fully approved by the U.S. Food and Drug Administration), Moderna or Johnson & Johnson (currently granted emergency-use authorization by the FDA). "Fully vaccinated" is defined as two weeks after your final dose of the Pfizer, Moderna, or Johnson & Johnson vaccine. Horizon will provide medical and religious accommodations as required by law.
            
            Horizon Therapeutics plc does not discriminate on the basis of race, color, religion, gender, sexual orientation, national origin, age, disability, veteran status, or any other characteristic protected by law. It is our intention that all qualified applications are given equal opportunity and that selection decisions be based on job-related factors. Any individual, who, because of a disability, needs accommodation or assistance in completing this application or at any time during the application process, should contact the Human Resources Department.

Keywords: Horizon Therapeutics, Arlington Heights , Now Hiring - Staff Accountant, Other , Vernon Hills, Illinois