Senior Accountant
About the job
OraSure Technologies Inc. (OTI) empowers the global community to improve health and wellness by providing access to accurate, essential information. Our ability to positively affect change is powered by the innovative tools and diagnostics we deliver to the market.
Together with its wholly owned subsidiaries, OTI provides its customers with end-to-end solutions.
It’s first-to-market, innovative products include rapid tests for the detection of antibodies to HIV and Hepatitis C (HCV) on the OraQuick® platform; sample self-collection and stabilization products for molecular applications; and oral fluid laboratory tests for detecting various drugs of abuse.
Overview
Here at the OTI our innovative sampling tools and diagnostics unlock access to accurate, essential information that advances global health and well-being. Our products include molecular sampling kits for the genome and microbiome, and rapid diagnostics for infectious disease.
The Senior Accountant is responsible for accurate, timely accounting and financial reporting with primary ownership of inventory and product costing activities. The role partners with Operations, Supply Chain, Purchasing, and Finance to maintain inventory integrity, analyze manufacturing and purchase cost drivers, support the monthly close, strengthen controls, and provide clear decision support. This position also contributes broad accounting expertise across reconciliations, reporting, audit support, and process improvement.
\n- Own inventory accounting and related month-end close activities, including journal entries, account reconciliations, rollforwards, and supporting schedules.
- Maintain and review standard costs, bills of material, routings, overhead rates, and other cost inputs in the ERP; coordinate updates with Operations, Supply Chain, Purchasing, and Finance.
- Analyze purchase price, material usage, labor, overhead, production, and other inventory-related variances; investigate drivers and communicate findings and recommended actions.
- Reconcile inventory subledgers to the general ledger and resolve differences involving raw materials, work in process, finished goods, in-transit inventory, and inventory reserves.
- Support cycle counts and physical inventories, including planning, variance review, accounting adjustments, documentation, and control follow-up.
- Prepare and assess inventory reserves, including excess and obsolete inventory, lower-of-cost-or-net-realizable-value considerations, and other valuation adjustments in accordance with company policy and U.S. GAAP.
- Review inventory transactions and master data for completeness and accuracy; identify root causes of exceptions and partner with process owners on sustainable corrections.
- Prepare recurring and non-recurring journal entries and perform complex balance sheet reconciliations with clear, audit-ready support.
- Support cost-of-goods-sold and gross-margin reporting through product, site, and variance analysis; explain significant period-over-period movements.
- Assist with forecasts, budgets, and operational decision support by providing inventory, cost, and margin analyses.
- Support internal and external audits by preparing requested schedules, responding to inquiries, and maintaining organized documentation and evidence of controls.
- Document accounting procedures and internal controls; identify and implement opportunities to improve accuracy, timeliness, automation, and scalability.
- Provide technical guidance and cross-training to accounting and business partners, while serving as a dependable backup for selected general accounting activities.
- Perform other accounting and finance responsibilities as assigned.
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field required.
- Five years of progressive accounting experience.
- Experience in a manufacturing environment is preferred.
- Strong knowledge of U.S. GAAP, general ledger accounting, inventory valuation, and manufacturing or product costing concepts.
- Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, reconciliations, and analysis of large data sets.
- Experience with an enterprise resource planning system; SAP experience is strongly preferred.
- Ability to translate detailed accounting data into clear business insights and communicate effectively with financial and non-financial partners.
- Demonstrated ability to manage multiple deadlines, exercise sound judgment, and work independently in a fast-paced close environment.
- Strong attention to detail, analytical problem-solving skills, and commitment to complete, accurate, and well-documented work.
- Proficiency with Microsoft Outlook, Word, PowerPoint, Teams, SharePoint, and OneDrive.
- Reliable high-speed internet access suitable for effective remote work on hybrid days.
OTI encourages applications from all qualified candidates who represent the full diversity of the communities in which we operate. We apply a rigorous, consistent, and equitable standard to the assessment of all candidates, regardless of race, color, national origin, sex (including pregnancy), sexual orientation, gender identity, disability status, age, religion, veteran status or any other protected characteristic. We are committed to creating a diverse and inclusive environment where all employees are welcomed and belong.
What we have to offer:
- Tiered Medical PPO, EPO, Vision and Dental coverage
- Disability and Life Insurance Benefits
- Generous 401K plan and company-matching contributions
- Highly competitive paid time-off
- Maternity Leave and Parental Leave Coverage
- Employee Referral Program – you may be eligible for a cash bonus if your referrals are hired
- Employee Assistance Program
- Employee Service Recognition
- Job-related Training Programs
- Ability to participate in Teams, Committees, Events and Clubs
- Depending on the role you may be eligible to work in a hybrid environment or fully remotely
- Free Onsite Parking
Please note, the above applies to full-time permanent positions.
Culture, People & Community
OTI recognizes that the long-term health of our business is directly connected to the health of the planet, local communities and the OTI family of companies employees.
- LIVE IT Committee – committed to creating an environment that embodies our values
- All Means U: Employee Committee on Belonging hosts various events across all company locations such as monthly book club and mentorship program
- Wellness Committee empowers colleagues to make critical decisions to improve and protect health
- Sustainability Committee aims to minimize impact on the environment
- Social Committee who organize and run events for both remote and onsite employees, to create connection and community
At OTI, we have a clear vision; cultivate an environment of equal employment opportunity where we do not tolerate discrimination or allow the harassment of employees or applicants on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by law with regard to any employment practices.
OTI aims to create and foster workplaces that reflects and contributes to the global communities in which we do business and the customers and partners we serve. This includes all communities impacted by our corporate presence. As part of this commitment, OTI and its subsidiaries will ensure employees and applicants are provided reasonable accommodation per request. If you require disability-related accommodation during the recruitment process, please contact Katheryn Viau at [email protected]. OTI will consult with all applicants who request disability-related accommodation during the recruitment process to ensure that the accommodation provided takes into account the applicant's individual accessibility needs.