IPG PHOTONICS CORPORATION

Senior Technical Accountant

General Information
Location  377 Simarano Drive
Marlborough, MA 01752
United States
Employee Type  Exempt FT (I)
Job Category  Accounting & Finance
Description

IPG Photonics is seeking a dedicated accounting professional to join our Corporate Finance team in a strategic role focused on improving global consistency in technical areas of financial reporting and accounting.  We are looking for a dynamic individual who is seeking an opportunity to join a growing company in a collegial environment that can provide opportunities for professional and career development.

 

Responsibilities

  • Support the Assistant Corporate Controller and the Director of Financial Reporting in assessing financial reporting risks. Perform GAAP research and work with U.S. and foreign Finance teams to understand accounting practices.
  • Assist in evaluating of the impact of the new revenue recognition standard on each of the company's subsidiaries and work with the business to implement. Update the Company’s revenue recognition policy and footnote disclosures to comply with the new standard.  Help formulate training plan and materials to educate Finance and Sales employees about the standard.
  • Research accounting topics, write memos, and prepare presentations and training materials on new accounting standards as well as assist with training and other activities associated with implementation.
  • Perform equity-based compensation accounting activities during the close process, including preparing journal entries. 
  • Participate in the preparation and review of the quarterly and annual financial statements and other reporting.
  • Proactively build relationships within the various teams at IPG, including international controllers, U.S. Finance team, Sales, Purchasing, Legal, and IT.
  • Coordinate with external auditors and internal resources to ensure timely and accurate delivery of audit schedules.  Work with external auditors on understanding the audit approach and determining the most effective and efficient way to meet testing requirements.
  • Periodically assist internal audit with developing testing plans and evaluating internal control effectiveness. 
  • Ad-hoc projects including: business combinations, derivatives, warranty provisions, and system implementations.
Requirements
  • Experience: 3-4 years of public accounting experience with a Big 4 or national public accounting firm. Financial reporting experience pertaining to large, multi-national organizations focusing on manufacturing or technology.  SEC experience a plus.
  • Education: Minimum of a Bachelor's degree in Accounting. Master's degree preferred. CPA required.
  • Skills – Ideal candidate will display an ability to frame and evaluate complex issues quickly and possess strong problem resolution and communication skills.  Eager to learn and build skillset around financial reporting and technical accounting.
  • 5% to 10% travel is required.  Additional travel may be needed for significant projects.