Job Description

Job Description

THE COMPANY:

Formulated Solutions is redefining the Pharmaceutical and Self-Directed Consumer Healthcare CDMO experience through creativity and invention; delivering our world class Marketing Partners unmatched formulations, innovative packaging and cost effective, reliable supply.

Formulated Solutions is and shall always be a company of people with the knowledge and dedication to provide our Marketing Partners with a single source solution for delivering quality and innovative products to market. We shall embrace changes and new opportunities as a vehicle to continually develop and grow sustainable relationships. As a company we shall never accept anything less than a culture that fosters creativity, growth, and profitability for both our Partners and the company.

PRIMARY PURPOSE:

Provide leadership and coordination of company financial accounting and reporting functions. Ensure company accounting procedures conform to generally accepted accounting principles (GAAP).

MAJOR DUTIES AND RESPONSIBILITIES:

• Direct and coordinate company month and year-end close functions (GAAP basis).
• Oversee daily operations of the Finance Department. Responsibilities include Accounts Receivable, Accounts Payable, Billing, Fixed Assets, Sales and Use Tax, General Ledger Accounting, Financial Reporting (Balance Sheet, P&L, Statement of Cash Flows, Capital Expenditures, Sales and Margin Reporting).
• Prepare financial analysis on as needed basis.
• All General Ledger(Balance Sheet and P&L)including all other financial reconcilements.
• Ensure compliance with local, state, and federal reporting requirements.
• Establish and implement departmental goals, objectives, policies, and operating procedures.
• Ensure Accounting policies and procedures are established and followed by the company.
• Design, establish, and maintain an organizational structure and staffing to effectively

accomplish the department’s goals and objectives.

• Direct external financial audits and provide recommendations for procedural improvements.
• Other duties as assigned by the Chief Financial Officer.
• Recruit, train, supervise, and evaluate department staff.
• Provide accounting policy orientation for the company.
• Accounting literature research(GAAP), memo writing and implementation.

QUALIFICATIONS:

1. Required - 3 to 5 years in finance and accounting.
2. Required : CPA License & experience
3. Preferred - Operations or manufacturing experience.
4. Preferred - NetSuite experience

CRITICAL SKILLS AND ABILITIES:

• Knowledge of finance and accounting including:
• Generally Accepted Accounting Principles. Knowledge of automated financial and accounting reporting systems. Knowledge of federal and state financial regulations. Ability to analyze financial data and prepare financial reports, statements and projections.
• Work requires professional written and verbal communication and interpersonal skills. Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects. Ability to participate in and facilitate group meetings.
• Work requires willingness to work a flexible schedule beyond 40 hours per week.

COMPUTER SKILLS:

Technical Skills and Experience (if applicable)

• CPA License. Proficiency in Accounting Software (NetSuite)

Education and/or Training

• Bachelor’s degree in Accounting or Finance

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