Senior Accountant
Location: Saxonburg, PA
Luxfer Magtech is part of the global parent company Luxfer Holdings (www.Luxfer.com) and offers the following five key product lines for a wide range of markets and applications: Magnesium Products, Food & Beverage, Flameless Heating, Chemical Kits, Specialty Products. We deliver quality, reliability and performance that have been trademarks throughout our long and proud history to our values customers all over the world. And, as we venture into the future, we will continue to develop innovative and pioneering solutions that meet our customers' and markets' needs.
Summary
Reporting to the Financial Controller, the Senior Accountant plays a critical role in supporting all aspects of the Finance function and serves as the primary backup to the Financial Controller. This position is responsible for month-end and year-end close activities, financial reporting, inventory and cost accounting, financial planning and analysis, manufacturing analytics, and supporting strategic business initiatives.
The Senior Accountant partners cross-functionally with Operations, Production, Supply Chain, Sales, and Finance to ensure accurate financial reporting, maintain strong internal controls, improve manufacturing performance, and provide meaningful financial analysis to support business decisions. This individual must be highly analytical, detail-oriented, collaborative, and capable of working independently in a fast-paced manufacturing environment.
Key ResponsibilitiesFinancial Accounting & Reporting
Support monthly, quarterly, and annual financial close activities.
Prepare and post journal entries and maintain supporting documentation.
Perform general ledger account reconciliations and investigate discrepancies.
Assist in the preparation of financial statements and management reports.
Prepare and submit monthly financial reporting, forecasts, and annual business plans to the corporate office through OneStream.
Support annual audits and coordinate audit requests and schedules.
Assist the Financial Controller with SOX compliance and internal control activities.
Cost Accounting & Inventory
Maintain and update standard costs, direct labor rates, and overhead allocations.
Perform inventory accounting activities, including valuation, reconciliations, provisions, and roll-forwards.
Complete cost roll-ups for new inventory items and support costing initiatives.
Maintain accurate inventory valuation and standard costing.
Conduct cost studies, manufacturing variance analysis, and inventory trend analysis.
Perform slow-moving inventory analysis, inventory forecasting, and min/max inventory evaluations.
Support perpetual inventory initiatives, cycle counting, and physical inventories.
Review labor and material cost accuracy charged to production jobs.
Perform BOM cost analysis and manufacturing time studies.
Manufacturing & Operational Analytics
Analyze manufacturing variances, labor efficiencies, productivity, downtime, scrap, and operational performance metrics.
Prepare scrap reporting and support continuous improvement initiatives.
Support Operations and Production with inventory optimization, production planning analytics, and operational reporting.
Perform margin analysis by product line, customer, labor, material, and manufacturing costs.
Support pricing analysis, transfer pricing analytics, and raw material cost impact studies.
Partner with Operations and Production teams to identify cost savings opportunities and improve manufacturing processes.
Financial Planning & Business Support
Assist with budgeting, forecasting, and financial planning activities.
Provide financial support for capital projects, commercial analyses, and business initiatives.
Perform capital project accounting and financial modeling.
Develop advanced Excel models, dashboards, reports, and financial analyses.
Support ERP system improvements, SAP enhancements, and process automation initiatives.
Serve as a key member of ERP implementation and continuous improvement projects.
Leadership & Cross-Functional Support
Serve as the primary backup to the Financial Controller and provide support across all accounting functions as needed.
Collaborate effectively with Operations, Production, Purchasing, Supply Chain, Sales, and Corporate Finance.
Support special projects and perform other accounting duties as assigned.
Education & Qualifications
Bachelor's degree in Accounting, Finance, or a related field required; equivalent combination of education and relevant experience may be considered.
4-7 years of progressive accounting experience in a manufacturing environment or an equivalent combination of manufacturing accounting experience and education preferred
Strong cost accounting and inventory accounting experience preferred.
Knowledge of GAAP and internal controls.
Experience with ERP systems
Experience with OneStream or similar financial reporting software preferred.
Advanced Microsoft Excel skills required.
Successful Attributes
Strong analytical and problem-solving skills.
Excellent attention to detail and organizational skills.
Ability to communicate effectively across all levels of the organization.
Ability to manage multiple priorities while meeting deadlines.
Self-motivated with a continuous improvement mindset.
Collaborative team player capable of working independently.
Strong business acumen with the ability to translate financial data into operational insights.
Luxfer Magtech offers a competitive benefits!
Benefits eligible first full month from hire date
401k match, up to 6%
Health, Dental, Vision
Tuition Reimbursement
Career advancement opportunities
PHYSICAL DEMANDS
The physical demands described here are representatives of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is required to stand; walk; sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms; climb or balance; stoop, kneel, crouch; and talk or hear
The employee must be capable of lifting and handling racks of material up to a maximum of 50 pounds on an occasional basis
We are committed to a safe, drug-free work environment and pre-employment drug screening, physical and background checks are required prior to starting. Candidates must be authorized to work in the US.
Luxfer Magtech is an Equal Employment Opportunity (EEO) employer and does not discriminate on the basis of race, color, national origin, religion, gender, age, veteran status, political affiliation, sexual orientation, marital status or disability (in compliance with the Americans with Disabilities Act) with respect to employment opportunities.
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