Senior Accountant

Additional Locations: Canada-ON-Mississauga

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.

About the role

Reporting to the Accounting Manager, the Senior Accountant will function as a key member supporting the month-end close and year-end in the areas of operations manufacturing, management, and general ledger accounting of inventory. This individual will collaborate with the FP&A Manager and support Finance business functions, building a thorough understanding of business operations and accounting and financial reporting.

Your responsibilities will include:

• Management of RM, WIP, FG and In-transit inventory sub-ledgers.
• Allocation of inventory and other expenses to cost centers (CC).
• Work actively with the Purchasing team on the EE&O Reserve Quarterly Analysis.
• Participating in the Materials Review Board (MRB) to identify scrap provisions in line with NCEP (Nonconformance) policies.
• Reclass and revision of Non-R&D Allocation to R&D Charges.
• Knowledge of Purchasing, R&D and Regulatory procedures.
• Be able to identify and reclass Scrap from Production Order Variances to inventory.
• Prepare general ledger inventory accounts reconciliations.
• Proactively investigate and resolve reconciling items, if any.
• Implementation of internal control requirements to ensure processes are in place that comply with inventory counting, scrap and reserves financial reporting requirements.
• Monitor and prepare journal entries required to adhere with inventory accounting policies and standards on a monthly and year-end basis.
• Deep dive involvement into Inventory procedures, business processes, and account balances.
• Participate in the development and updating of inventory transfers, with operations management and team leaders.
• Collaborate with the FP&A team to support forecast, budget, and analysis as needed.
• Summarize findings and meaningful analysis that are responsive to business needs to facilitate efficient and effective management decision making.
• Support audit and compliance requirements.
• Participate in ad hoc special projects and analysis as required.
• Adhere to Corporate and Quality policies and procedures.
• Other duties as required.

Required qualifications:

• 3+ years of comprehensive accounting and costing expertise
• Advanced academic qualification in accounting
• Proficiency in SAP software
• In-depth understanding of accounting principles and methodologies
• Experience in general ledger operations and the procedures for month-end/year-end closures
• Advanced level of understanding of Microsoft Excel
• Strong organizational and analytical skills, acute attention to detail
• Strong relationship building and interpersonal skills to effectively work and communicate with all levels in the organization
• Ability to adapt, learn quickly and work independently on multiple priorities
• Excellent organizational, time management, communication, and collaboration skills, with the ability to contribute effectively to team objectives

Preferred qualifications:

• Related experience in the manufacturing of medical device industry
• Strong technical background in inventory management
• Proven experience in cost accounting in the manufacturing environment
• Experience with Intercompany trade shipments
• Experience with FP&A analysis and procedures

Requisition ID: 621277

Minimum Salary: $66500 

Maximum Salary: $131800 

The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) – see www.bscbenefitsconnect.com--will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs. At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.

Compensation for hourly, non-sales roles may also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).

Compensation for salaried, non-sales roles may also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements).

Compensation for sales roles is governed by Sales Incentive Compensation Plan (which includes certain annual non-discretionary incentives based on predetermined objectives).

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.

So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!