Senior Accountant

Company: Magnetic Technologies Corporation
Location: Woodstock
Posted on: April 7, 2026

Job Description:

Job purpose Under the management of the North America Operational Controller, the Senior Accountant is responsible for recording timely entries, providing accurate reporting, and analysis of financial information. All work requires the application of established accounting principles, practices and procedures and complies with GAAP. Essential Duties and responsibilities Month end close and financial statement preparation: * Prepare monthly journal entries and corresponding reconciliations such as prepaids and accrued expenses * Maintain capital expenditure records and fixed asset reporting. * Calculate monthly reserves for excess and obsolete inventory, net realizable value, and capitalized inventory variances * Variance analysis of key general ledger accounts * Preparation of Sales and Use Tax filings Auxiliary Functions: * Assist with accounts payable and customer collections as needed * Post daily invoices, prepare sales reports with margin analysis * Generate and post cycle counts of inventory * Support request from internal and external audits * Make suggestions to improve internal controls and process efficiencies * Ad hoc reports as required Required Skills / Abilities * Must be able to work independently, manage multiple projects simultaneously, and organize workload to meet organizational timelines in a fast paced, high growth environment. * Flexibility to adapt quickly to changing circumstances. Able to proactively question and challenge to prioritize and identify solutions in timely manner. * Solid interpersonal skills with proven ability to develop and maintain effective business partner relationships at all levels of the organization. * Excellent written and oral communication skills with the ability to translate complex data for non-financial audiences. * Excellent proficiency in Microsoft Excel including, but not limited to V look up, and pivot tables. Education & Experience * BA/BS degree (or equivalent) in Finance/Accounting or Business; CPA, CMA (or other advanced business degree) a plus * At least 3 years of experience in accounting / finance * Experience with and Actual Cost system and Foundry and/or "job shop" environment a plus * Experience with Syteline ERP and multilocation/multinational corporate structure a plus Working Conditions * Standard work week is Monday through Friday, hours to be consistent with business unit; some off hours work expected * Generally working in Office with some activities in production environment. * Repetitive motion * Some day or overnight travel domestically could be required. Company Benefits * Medical, Dental, and Vision Insurance * Company HSA Contribution * Company Paid HRA, STD and Life Insurance * 401k with 100% Company Match Up to 4% * PTO (including 14 Company Paid Holidays) * Optional Life, AD&D and LTD Available * Employee Assistance Program * Tuition Reimbursement * Additional Supplemental Insurance WSK ALN All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. Compensation details: 85000-95000 Yearly Salary PIb8738faf034e-29400-39663849

Keywords: Magnetic Technologies Corporation, Portland , Senior Accountant, Accounting, Auditing , Woodstock, Maine