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Senior Accountant

Wilmington, DE · Accounting/Finance

At Adesis, we support companies working to improve lives and create new technology. Whether it’s helping biotech and pharmaceutical companies develop new products or assisting in the chemistry behind the dazzling visuals of modern OLED displays — we innovate for life.

Adesis is a subsidiary of Universal Display Corporation (Nasdaq: OLED), a pioneer and leader in OLED materials and technologies used in everything from smartwatches to phones, tablets, laptops, monitors, TVs and cars. We bring UDC’s spirit of innovation to the biotech, pharma and specialty chemical industries.

We pride ourselves in our ability to solve challenging chemistry problems and find solutions for our clients. We specialize in organic and organometallic synthesis, from milligrams to multi-kilogram quantities. Our business model provides clients with organic chemistry services in early-stage research, scale-up & development, and specialty manufacturing.

From chemists to business and sales professionals, when you work for Adesis, you are joining a contract development and manufacturing organization (CDMO) making a difference in the lives of people around the world.

Job Summary

On an ongoing basis, the analyst will provide direct support to the Accounting Manager, assisting in the accounting close functions, including development and analysis of financial reports and projects that explain deviations from planned results. It will also involve various projects that require the ability to liaise and partner with the Company’s executive leadership team and its senior departmental leaders especially during the annual Budgeting process. This position collaborates cross-functionally across all business areas and serves as a partner on all financially pertinent analytics, planning, and reporting activities in support of making appropriate business decisions. Additional responsibilities of this position include strengthening accuracy and forecasting, streamlining decision-making capabilities and driving improvements to current processes to help overall organizational efficiency.

 Key Responsibilities:

  • Monthly close activities including project cost allocations, gross margin verification, and other critical close activities.
  • Preparation of monthly, quarterly and annual financial statements
  • Construction of monthly Variance Analysis reports on revenue achievement, cost of sales, departmental expenses and capital expenditures, comparing Actual Results versus Budget, providing sufficient explanations for the deviations
  • Prepare detailed customer project analysis reports including analysis of profitability, revenue and associated costs on a month and year-to-date basis.
  • Perform actual to budget postmortems at the conclusion of each project
  • Manage all fixed assets including the creation, execution and disposal of all assets as needed
  • Assist in the preparation and implementation of the annual budget, working with departmental heads and other Company leadership in the construction of departmental expense and capital budgets
  • Construction of the corporate cash flow forecast.
  • Ensure reported results are accurate and in compliance with GAAP
  • Assist Accounting Manager and Corporate Controller in various special projects as needed

Required Qualifications

  • Bachelor’s degree in Finance, Accounting, Business, or applicable field of study
  • Minimum 3 years of work experience with financial, business, and strategic planning.
  • Strong knowledge, understanding and application of basic accounting practices and GAAP
  • CPA and/or public accounting experience is a plus
  • Good communication skills
  • Highly proficient in Microsoft Excel, Word and experience with other Microsoft office applications is a plus
  • Ability to work in a fast-paced environment and manage well through ambiguity and complexity
  • Ability to execute and follow-through to completion and documentation
  • Experience with SAP Business One is a plus

 Core Competencies

  •  Delivers Results: Takes initiatives and delivers results; Challenges self and others to create value; Takes courageous decisions and balanced risks to create value for our clients and Adesis.
  • Insightful: Seeks deep understanding of stakeholders’/clients’ needs, motivations and behaviors, and translates them into insights to create value for our clients and Adesis.
  • Thinks Holistically: Understands the overarching impact of one’s own actions on other areas of the business; Looks for synergies inside and outside the organization to create value for our clients and Adesis.
  • Learns: Demonstrates curiosity and learns from the experience of success and failure; Proactively shares knowledge with others in order to affect continuous improvement.
  • Collaborates: Develops trustful relationships with internal and external stakeholders to achieve the corporate goals and accelerate the strategy; Encourages and leverages diversity to improve outcomes.
  • Champions Change: Seeks new opportunities to create value for our clients and Adesis; Supports the implementation and acceptance of change across the organization.
  • Leads Others: Inspires, motivates, influences and coaches others to create value for our clients and Adesis; Creates a culture of accountability that provides space for colleagues to contribute to their fullest potential.

 Benefits Package

Our highly competitive employee package offers medical, dental and vision benefits. Also included are:

  • 401K Plan
  • Employee Stock Purchase Plan
  • Life, Disability and AD&D Insurance
  • A generous time-off policy that includes up to twelve weeks of maternity/parental leave
  • Paid Volunteer Time Off
  • Professional Development Program

We want you to start with us and retire with us.

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