Staff Accountant

Heritage

Central Semiconductor is the go-to company for customers around the world who are looking for innovative and reliable discrete semiconductor solutions. Based in Hauppauge, NY, Central manufactures leading-edge surface mount and bare die discrete semiconductors for the most advanced high-tech products, and at the same time continues to manufacture older technology through-hole devices still needed by manufacturers of legacy products. Established in 1974, and previously a privately held organization, Central was acquired by AEM, Inc in 2023, and operates today as Central Semiconductor LLC.

Organizational Overview

AEM, headquartered in San Diego, California, is a portfolio company of Industrial Growth Partners (IGP), a private equity firm focused exclusively on middle-market industrial manufacturing and niche services businesses. AEM is a leading electronics platform of mission-critical circuit protection, power conditioning, and radio frequency electronic components. The Company's products, which are often custom and application-specific in nature, are used in harsh, technical environments with a high cost of failure. Through its industry leading brands AEM, Renaissance Electronics, and Central Semiconductor, AEM serves niche applications across a diverse array of attractive markets including satellite, aerospace, defense, industrial, medical, EV/Battery, and telecom. The company's components are commonly sole-sourced and designed-into long standing applications with consistent repurchasing characteristics. AEM has developed market leading positions in its respective niches due to its outstanding engineering, product performance, and consistent adherence to quality.

Position Summary

Assists the VP of Finance in daily financial activities with a goal of reducing costs and maximizing profit; analyzes data and assists in the accurate and timely preparation of financial records. Works as a part of a cross-functional team, supporting Accounts Receivable, Credit/Collections, Accounts Payable and general office duties.

Key Position Responsibilities and Accountabilities

• Reconciles general ledger accounts monthly, prepares journal entries ensuring that all transactions are accurately recorded and accounted for.
• Assists in preparation of financial statements, including balance sheets, income statements, and cash flow statements.
• Performs cost accounting functions, including the calculation of standard costs, variance analysis, inventory valuation and reconciliation to the general ledger.
• Assists in analyzing manufacturing costs and provides recommendations for cost savings.
• Works with Department Managers on preparation of annual budgets, performs monthly analysis of actual spending as compared to approved budgets.
• Prepares monthly POS and rep commissions reports and facilitates commissions payments.
• Manages AR/Credit/Collections, supports Accounts Payable and other office activities.
• Overall responsibility for reconciliation of multiple bank account statements.
• Maintains accurate and up-to-date records and documentation.
• Assists with external audit preparation.
• Performs other related duties as assigned.

Education and Experience

Required:

• Bachelor's degree in Accounting (preferred) or Finance.
• 2-5 years of experience in accounting, with at least 2 years in a manufacturing environment.
• Strong understanding of GAAP, experience with journal entries, general ledger, and financial accounting.
• Proficiency in Microsoft Word, Outlook, and Excel.

Preferred:

• Cost accounting experience
• Supervisory experience
• Working knowledge of IBM AS400

EOE. Minorities/Women/Veterans/Disability/Gender Identity/Sexual Orientation.