Senior Accountant - Financial Reporting & Technical Accounting

We are seeking a highly technical and experienced Senior Accountant – Financial Reporting & Technical Accounting to join our growing Accounting team. In this role, you will play a pivotal role in ensuring accurate financial reporting, financial planning, regulatory compliance, and adherence to best practices in general ledger accounting. You will be responsible for preparing journal entries, reconciling accounts, updating accounting memos and process control narratives, preparing financial and regulatory reports, monitoring debt covenants, and assisting with tax filings to help position Alto for future growth. Additionally, you will focus on complex accounting areas such as equity, debt, tax, and revenue recognition. As a key contributor, you will collaborate closely across departments to support strategic initiatives and provide valuable insights to management. This position will report to the Director of Financial Reporting.

Key Responsibilities:

• Equity & Debt Accounting: Prepare and record journal entries related to complex transactions involving equity, debt, leases, and other financial instruments, ensuring accurate treatment under US GAAP.
• Revenue Recognition: Ensure compliance with ASC 606 in recognizing revenue from new and recurring transactions, including analysis of significant contracts and business line expansions.
• Financial Reporting & Compliance: Prepare comprehensive financial and regulatory reports, including SEC filings, with a focus on equity, debt, and recurring transactions. Collaborate with other teams to ensure compliance with internal and external reporting requirements.
• Tax & Regulatory Compliance: Assist in tax filings and reporting, ensuring timely submission of tax returns and accurate reporting of deferred tax positions. Coordinate and support the preparation of tax schedules.
• Debt Covenant Monitoring: Monitor debt covenants, ensuring compliance and maintaining proper documentation to support lender requirements.
• General Ledger Management: Manage and reconcile general ledger accounts, preparing accurate and complete journal entries and ensuring timely month-end, quarter-end, and year-end close processes.
• Internal Controls & Memos: Prepare and update detailed accounting memos and process control narratives, maintaining a clear audit trail for all complex transactions. Support the enhancement of internal controls and best practices.
• Audit & External Reviews: Coordinate and manage audit requests related to year-end audits and tax filings. Serve as a primary contact for auditors, particularly in technical accounting areas.
• Business Expansion Support: Evaluate and document the accounting impact of new business lines, significant contracts, and transactions. Provide technical accounting guidance for strategic initiatives and cross-functional projects.
• Accounting Research: Stay current on GAAP and emerging accounting standards, performing technical research as needed to ensure compliance with changing regulations.

Qualifications:

• Education: Bachelor’s degree in Accounting or a related field.
• Experience: 8+ years of progressive accounting experience, with at least 4 years in public accounting, preferably with exposure to SEC reporting or technical accounting roles.
• Technical Skills: Strong proficiency in US GAAP, with deep experience in equity accounting, debt accounting, tax, revenue recognition, and accounting for complex transactions.
• Software: Experience with accounting software such as Sage Intacct or NetSuite. Advanced skills in GSuite, Excel, and other financial analysis tools.
• Public Accounting Background: Experience in public accounting (e.g., Senior Accountant, Senior Auditor) with involvement in GAAP compliance and presenting findings to management is highly desirable.
• CPA: Certified Public Accountant (CPA) designation preferred.
• Analytical Skills: Strong ability to conduct flux analysis, identify trends and discrepancies, and propose effective solutions.
• Cross-Functional Collaboration: Proven track record of working with multiple departments to provide financial insights and improve processes.
• Start-up Experience: Experience in a fast-paced, high-growth environment is a plus.

Additional Physical Job Requirements

• Reading English, comprehending, and following simple oral and written instructions.
• The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading. Assessing the accuracy, neatness and thoroughness of the work assigned.
• Expressing or exchanging ideas by means of the spoken word; those activities where detailed or important spoken instructions must be conveyed to other workers accurately, loudly, or quickly.
• Perceiving the nature of sounds at normal speaking levels with or without correction, and having the ability to receive detailed information through oral communication, and making fine discriminations in sound.
• Frequent repeating motions required to operate a computer or phone that may include the wrists, hands and/or fingers.
• Environmental Conditions: occasional exposure to low temperatures or high temperatures, outdoor elements such as precipitation and wind, and noisy environments.

• Physical Activities:

  • Occasionally ascending or descending stairs, ramps and the like.
  • Moving about to accomplish tasks and/or moving from one worksite to another.
  • Adjusting or moving objects up to 20 pounds in all directions.
  • Operating motor vehicles.
  • Occasional sedentary work that primarily involves sitting/standing/driving/flying

Salary and Benefits

Salary Range: $132,000 - $165,000

Commission Eligible: No

Equity Eligible: Yes

Travel: Yes - Required up to 5% of the time. This would exclusively be for org on/off sites throughout the year as needed.

Location Requirement: Employment at Alto is limited to individuals residing in the following states: California, Connecticut, Colorado, Florida, Nevada, Illinois, New York, Kansas, Texas, Maryland, Washington (WA), Missouri, New Jersey, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Wisconsin.

Employment Authorization Requirement: Applicants must be authorized to work for any employer in the U.S. At this time, Alto is unable to sponsor or take over sponsorship of an employment Visa.

Benefits: Full-time employee benefits include: Multiple group medical, dental and vision plans to choose from, 401(k) plan, group life, AD&D, FSA/HSA, employer paid STD/LTD, Take-What-You-Need vacation time, accrued paid sick time, 11 paid holidays (7 for Pharmacy and Care teams), 8 weeks paid parental leave for eligible employees.

Application deadline: October 30, 2024

#LI-Remote

Alto Pharmacy is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, gender identity, sexual orientation, age, disability, veteran status, or any other legally protected basis. If you have a disability and require reasonable accommodation during any portion of the application or hiring process, please contact us at [email protected]*. *

Alto Pharmacy considers qualified applicants with arrest or conviction records for employment and conducts background checks consistent with applicable law, including the California, Los Angeles County, San Francisco, and New York City Fair Chance laws. We are an E-Verify participating company.

To learn about Alto's privacy practices including compliance with applicable privacy laws, please click here.