Finance Director
8 hours ago
For 70 years, Bio-Rad has been a global leader in developing, manufacturing, and marketing high-quality research and clinical diagnostic products. As one of the top five life science companies, we help people everywhere live longer, healthier lives.
Job Title: Finance DirectorEstimated Salary: $120,000 - $180,000 per year
About the RoleThe Finance Director will play a key role in ensuring accurate and timely financial reporting, managing essential accounting processes, and supporting compliance with tax, local statutory reporting, and SOX audits.
Key Responsibilities:- Lead Financial Reporting, Month-end & Year-end Close: Manage the month-end and year-end close processes with a focus on accuracy and timeliness. Prepare and review journal entries, account reconciliations, financial statements, and reporting packages. Conduct financial analysis and provide insights to management. Ensure compliance with SOX, US GAAP, local GAAP, and corporate financial guidelines.
- Ensure SOX and Audit Compliance: Coordinate SOX audits, ensuring adherence to internal controls and providing necessary documentation. Prepare balance sheet schedules and data for statutory reporting and SOX audit requirements.
- Manage Intercompany and Fixed Asset Accounting: Oversee intercompany transactions and reconciliations with other Bio-Rad subsidiaries. Manage fixed assets, including additions, disposals, and depreciation, according to standards. Coordinate the CAPEX budgeting and approval processes.
- Local Statutory and Tax Reporting: Prepare and submit local statutory reports and tax returns, including GST filings. Address auditor and tax consultant queries to ensure timely filing and compliance.
- Support Payroll Administration: Assist in payroll processing and SOX compliance with local regulations, including filing IR21 and IR8A forms.
- Lead the Accounting Team: Mentor and develop the accounting team through training and performance management. Foster a collaborative, high-performing team environment.
- Oversee Key Accounting Processes (RTR and PTP): Manage the Record-to-Report (RTR) process, ensuring accurate general ledger maintenance. Oversee Procure-to-Pay (PTP) activities, including vendor management, invoice processing, and payment disbursement.
- Drive Process Improvement: Identify opportunities to enhance financial processes and implement best practices. Participate in and lead ad-hoc projects to improve processes and efficiencies.
We are looking for a highly experienced Finance Director who possesses excellent leadership and communication skills, with experience and proven ability to guide and develop a team. The ideal candidate will have a strong understanding of US GAAP accounting principles, SOX audit processes, and working in multinational or complex organizational structures.
The successful candidate will also have:
- Recognized accountancy qualification (e.g., ICPAS) or a Bachelor's degree in Accounting. Advanced certifications in accounting (CPA, ACCA) is highly preferred.
- Minimum of 5 years in accounting management, with experience in a manufacturing environment, is preferred.
- Experience managing the full accounting cycle (RTR, PTP, Intercompany) and payroll administration.
- Proficient in SAP, Oracle, and Microsoft Office Suite (Excel, Word).
Bio-Rad offers a comprehensive benefits package that includes medical plans and insurance, wellness programs, extensive learning and development opportunities, and more. We pride ourselves on being an Equal Employment Opportunity/Affirmative Action employer, welcoming candidates of all backgrounds.
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