Senior Financial Reporting Accountant

Company: balchem
Location: Montvale
Posted on: January 25, 2023

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.PI202021114

Keywords: balchem, Yonkers , Senior Financial Reporting Accountant, Other , Montvale, New York