Interim R&D Accounting Manager

• Manage the monthly R&D-related accounting close to ensure accurate and timely completion of expenses, prepayments and deposits, and accrual accounts. This involves communication with the R&D Teams in Shanghai as well as the U.S. quarterly (requires 3 evening sessions 1x/quarter during close) • Perform detailed accruals, prepaids reconciliations etc. using manual processes in Excel, this... candidate needs to be very strong in Excel and familiar in working with 250+ invoices and large data sets. • Attend R&D project team meetings and review project management portfolio updates to better understand the status of the company's R&D programs to better facilitate the R&D accrual process • Review and/or prepare journal entries and related supporting work papers; ensure the quality of work product complies with SOX 404B requirements • Review and analyze invoices, read contracts, and compare/ reconcile data to POs, budgets, SOW's and/or work orders to determine the appropriate accounting treatments • Prepare R&D contract accounting analysis for the R&D contracts and supporting associated PO's and SOW, to ensure proper accounting treatment for the accruals and prepaids • Prepare and review the R&D budget tracker workbook and ensure appropriate accounting estimates in the R&D tracker • Develop and maintain R&D accruals using various methodologies including % of completion, FTE reimbursement rates, etc. • Prepare R&D fluctuation analysis by segments (e.g., subsidiaries, programs, phases, etc.) as well as R&D-related general ledger account fluctuation analysis on a monthly basis • Review and/or prepare general ledger account reconciliations and other R&D analyses requested by management on a monthly basis • Liaison between the R&D project teams and FP&A team regarding the monthly R&D Research accruals under review; guide the proper accounting treatment of R&D-related transactions • Support the quarterly review, interim and year-end audit, and tax requirements related to R&D-associated activities; drive closure of any internal/ external request/open items on a timely basis • Identify opportunities to reduce the R&D-related accounting close cycle, enhance existing procedures • Assist the Director, Controller and rest of the accounting team on ad hoc projects, as needed