Associate Director, Accounting

Associate Director, Accounting Closed 📅 2 Weeks ago 🇭🇺 Hungary ⚖️ Finance & Legal 🔴 Director Job Description Precision for Medicine is a Clinical Research Organisation. Precision’s uniquely integrated offering enables the science of precision medicine by combining novel clinical trial designs, industry-leading operational and medical experts, advanced biomarker and data analytics solutions, and an unequivocal real passion for rare diseases and oncology, in addition to working across other therapeutic areas. As our company continues we grow we are seeking an Associate Director, Accounting to join our growing team. In this role you will own general ledger accounting processes for all P&L/BS accounts, ensure accounting policies are documented and training materials maintained. You will have ownership of both Treasury and AP functions in addition to General ledger accounting for multiple business units, for multiple legal entities. Essential functions of the job include but are not limited to: Review JE’s prepared by the Accounting Manager/Senior accountant as needed. Prepare complex GL entries as required. Review AP spend and cash flow forecasts to ensure reasonable and cash flow needs are appropriate. Approve AP invoices for processing and may assist with cash management ACH/wire submission/approvals as needed. Review balance sheet account reconciliations for SGA costs across multiple business units including Payroll liabilities, ROU asset/depreciation, Fixed assets/depreciation, intercompany reconciliations, insurance, prepaids etc. May prepare complex account reconciliations as needed. Finalize corporate SGA budgets and forecasts on a consolidated basis and determine accurate allocation method to various business units for management review. Provide corporate departments with actual to budget spend analysis commentary (IT/HR/Recruiting etc.) to assist with managing corporate spend. Train and mentor staff, ensure process documentation for accounting thresholds/adjustments and new GAAP standards is shared with the business to ensure accurate accounting and understanding of financial reporting. Prepare team training sessions at least bi-annually to develop the team. Continue to identify areas for improvement. Integrate new business acquisitions and initiate new projects as needed. Monitor emerging US GAAP standards or practices which may impact operations and reporting. Assist with data gathering and implementation of GAAP standards to be adopted. Review Financial results for efficiencies