Senior Financial Reporting Accountant
Company: balchem
Location: Montvale
Posted on: January 27, 2023
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Job Description:
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 $700 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 1,400 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
www.balchem.com
POSITION SUMMARY :
Reporting to the Accounting Manager, the Accountant will perform
accounting department functions and support preparation of both
internal and external financial statements and other financial
information. Responsibilities include executing all assigned
accounting entries according to company policies and conforming to
Generally Accepted Accounting Principles, reporting and ensuring
controls are followed and in full compliance with SOX requirements.
Responsible for completing full 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. This role interacts closely with accounting peers
and will share and deploy best practices and agreed approaches.
ESSENTIAL FUNCTIONS:
Prepare and enter journal entries
Perform month-end accounting close functions
Peer review of staff member work as needed
Analyze and reconcile general ledger account balances
Prepare expense account analysis as needed
Assist in the preparation of US Balchem monthly financial reports
as assigned for management review
Review and analysis of key variance accounts on a monthly basis;
make corrections as necessary and report results to management
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
Special projects as requested by management
REQUIREMENTS:
Bachelor's degree in accounting, finance or related discipline; CPA
a plus
2-4 years relevant experience, knowledge of financial reporting and
functions
Solid knowledge of accounting principles and practices
Proficient in Microsoft Office Suite (Outlook, Word, Excel, and
PowerPoint)
Must be detail-oriented and self-motivated
Collaborative team player, excellent interpersonal, and
team-building skills
Strong analytical, organizational, and time management skills, able
to work independently
#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.
PI202016836
Keywords: balchem, Yonkers , Senior Financial Reporting Accountant, Advertising , Montvale, New York
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