Senior Accountant (Payroll, Financial)

Company: MaxCyte Inc
Location: Rockville
Posted on: February 1, 2025

Job Description:

Description:The Senior Accountant is responsible for developing and providing accurate information for financial reporting. This position plays a key role in the month-end close process and is responsible for financial analysis, reporting, reconciliations, and journal entries. The senior accountant will also manage global payroll operations and processes, ensuring accurate and timely processing of payroll for our global workforce along with ensuring compliance. In addition, this position will support the accounting close process with timely documentation and streamlined processes. This individual will work under general supervision on various accounting projects and assist with quarterly and annual financial auditor requests and reporting. The Senior Accountant is knowledgeable regarding US GAAP and preparation of documents in a SOX compliant environment. Payroll:Processes all payrolls including semi-monthly, bi-weekly, and equity reportingOversee the EOR vendor relationship, including conducting monthly invoice reviews to ensure billing accuracy and timely EOR paymentsResearches and resolves payroll discrepanciesMonitors and ensures compliance with payroll-related taxes and withholdingsManages timely reporting of equity transactions for each payroll cycleDevelops and implements payroll policies and proceduresAnalyzes payroll data and provides accurate and timely monthly, quarterly, and year-end reports for circulation to managementEnsures timely filing of all payroll-related taxes and researches open issues and/or variancesCaptures payroll related accrualsOversees payroll audits and performs necessary correctionsParticipates in month end close processes by preparing payroll and benefit reconciliations and related journal entries to ensure all information is captured accuratelyEnsures accurate and timely processing of payrolls, in accordance with all applicable laws and regulations Reconciles payroll accounts and address discrepancies promptlyFinancial Accounting:Manage Employee Stock Purchase Plan (ESPP): Oversee the financial statement and tax reporting of employee participation and transactionsPerform Deferred Revenue Reconciliations: Ensure accurate monthly reconciliations of deferred revenue accounts in compliance with accounting standardsConduct Investment Reconciliation: Review and reconcile investment accounts, including statement reconciliations and journal entries, on a monthly basiCalculate and Reconcile ROU Leases: Handle Right-of-Use (ROU) lease calculations, monthly journal entries and reconciliations in accordance with ASC 842Execute Flux Analysis: Analyze balance sheet and profit and loss statements to identify variances and provide insights into variance changesPrepare and File Sales and Use Tax Returns: Ensure compliance with various state regulations and reporting requirements through accurate preparation and timely filingsSOX Compliance:Implement and maintain internal controls in accordance with SOX requirements. Participate in audits and provide necessary documentationMaintains internal controls for key processes to ensure compliance with SOX 404 regulations and procedures Accounting Operations:Assist in external reporting and audit preparationsReviews and reconciles various balance sheet accounts, investigates variances, and prepares journal entries and supporting documentationPrepares detailed analytics to support account balances on the balance sheet and income statement Participates in developing policies and processes that will streamline accounting and financial reporting and ensure that processes and procedures are appropriately documented and executed in a SOX environmentActively participates in implementation of accounting process automation including implementation of NetSuite modules and other software toolsComplies with all applicable policies regarding health, safety, and the environmentOther tasks as necessaryRequirements:BS in Accounting or equivalent field/degree5+ years of progressive accounting experience including overseeing payroll processingExperience in a public and/or biotech company is a plusStrong analytical skills and attention to detailProficient using various relevant software applications, including MS Office with advanced skills in Excel and accounting software [i.e., NetSuite]Solid track record working with general ledger accounts, reconciliations, variance reporting and analysisAbility to work independently and proactively under general guidanceProactively identifies and communicates issues and appropriate solutionsStrong communication skills (verbal, written and interpersonal); ability to interact with all levels of employees and external vendors successfully and constructivelyAble to appropriately manage confidential or sensitive information and utilize strong business judgment The compensation package for this role includes a base salary range is $104,000 - $128,000(depending on experience), annual bonus, and equity. MaxCyte also offers a comprehensive benefits package including health, dental, vision, life, and disability insurance and generous time off. MaxCyte is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, age, marital status, pregnancy, genetic information, or other legally protected status.Compensation details: 104000-128000 Yearly SalaryPI8d0859c5a963-25660-36319441

Keywords: MaxCyte Inc, Bel Air South , Senior Accountant (Payroll, Financial), Human Resources , Rockville, Maryland