Senior Accounting Manager

Overview

Who we are—

Transcat is a dynamic, innovative, growing company that has been recognized as the leading calibration and compliance services provider in North America and beyond.  With 1,500 employees—in technical, consulting, operational, sales, finance, and corporate roles—we have stood the test of time by delivering on our Trust in Every Measure promise to our customers in vital industries, including life sciences, aerospace, defense, energy, and utilities.  We fulfill this promise through our employees, who live Our Values every day, the Transcat Way.  Our employees are at the center of the rewarding, challenging, and life-changing work we do for our customers and those they serve.  Are you ready to join a company where the work you do makes a difference, and where you can grow in your career? 

Here’s what Transcat has to offer—

• Work that matters
• A values-based culture where people care about each other and the work they do together
• Flexibility
• Training and development to accelerate learning and career advancement
• Competitive compensation and benefits, including paid time off, health insurance, tuition reimbursement, retirement, stock purchase plan, and MORE!

Position Summary

The Sr. Accounting Manager is a critical leadership role responsible for overseeing the company's global accounting operations, financial close process, internal controls environment, and team development. This position will manage accounting activities across multiple domestic and international legal entities while ensuring compliance with US GAAP, Statutory requirements, SEC reporting requirements, SOX controls, and company policies.

The ideal candidate is a hands-on leader with experience in public company accounting, cross-functional collaboration, process improvement, and internal control execution. This role will play a key part in accelerating the financial close, strengthening the control environment, supporting material weakness remediation efforts, enhancing treasury and cash flow forecasting capabilities, and developing a high-performing accounting team.

The Sr. Accounting Manager reports to the Controller and serves as a key partner to FP&A, Tax, Internal Audit, Operations and external auditors.

Responsibilities

• Accounting Operations & Financial Close
  • Lead and manage the monthly, quarterly, and annual close process for 5+ domestic and international legal entities.
  • Ensure timely and accurate recording of transactions in accordance with US GAAP and Statutory requirements (as appropriate).
  • Drive initiatives to shorten the close cycle while maintaining accuracy and strengthening internal controls.
  • Review journal entries, account reconciliations, flux analyses, and supporting documentation.
  • Oversee intercompany transactions, foreign currency accounting, consolidations, and eliminations.
  • Develop standardized accounting policies and procedures across multiple ERP environments.
  • Ensure balance sheet integrity through robust reconciliation and review processes.
  • Review company balance sheets, income statements and cash flow statements for accuracy and completeness, including consolidated financial statements.
• Internal Controls & SOX Compliance
  • Maintain and enhance a SOX-compliant control environment across multiple business processes and systems.
  • Serve as a key leader in the company's material weakness remediation efforts.
  • Partner with Internal Audit, process owners, and external auditors to implement sustainable control improvements.
  • Ensure controls are documented, executed, tested, and remediated (as needed) in a timely manner.
  • Identify process and control gaps and drive corrective action plans.
  • Promote a culture of accountability, documentation excellence, and operational discipline.
• Treasury & Cash Flow Management
  • Lead development and ongoing refinement of a rolling 13-week cash flow forecast.
  • Improve forecast accuracy through collaboration with FP&A, Accounts Receivable, Accounts Payable, Sales Operations, and business leaders.
  • Establish cash forecasting processes, assumptions, reporting cadence, and accountability measures.
  • Support optimization of working capital, liquidity management, and cash visibility across all entities.
  • Partner with Finance leadership on banking, cash management, and treasury process improvements.
  • Develop reporting and metrics to improve cash forecasting and treasury decision-making.
• Systems & Process Improvement
  • Operate effectively within multiple ERP systems and help standardize processes across platforms.
  • Drive automation opportunities to reduce manual effort and improve data quality.
  • Implement scalable accounting processes supporting growth and increasing complexity.
  • Establish KPIs and reporting to measure close performance, reconciliation quality, forecast accuracy, and control effectiveness.
  • Support future ERP integration, system enhancements, and process/technology transformation initiatives.
• Audit & External Reporting Support
  • Lead accounting support for annual Big 4 audit and quarterly reviews.
  • Coordinate timely delivery of audit requests and support documentation.
  • Ensure audit readiness through strong documentation, reconciliations, and process execution.
  • Support SEC reporting, technical accounting analyses, and accounting memo preparation as needed.
  • Minimize audit adjustments and control deficiencies through proactive issue resolution.
• Team Leadership & Development
  • Lead, mentor, and develop a team of accounting professionals.
  • Establish clear performance expectations, development plans, and accountability measures.
  • Build bench strength and succession planning within the accounting organization.
  • Strengthen team capabilities in:
  • US GAAP accounting
  • Account reconciliations
  • Internal controls
  • Financial analysis
  • ERP utilization
  • Professional judgment and problem-solving
  • Foster a culture focused on continuous learning, ownership, collaboration, and operational excellence.
  • Recruit, onboard, and retain high-performing accounting talent.
  • Model the Company’s values to influence others to perform in an aligned manner.
  • Ensure training and development plans are in place and communicated to employees to drive performance improvement and career progression.
  • Complete and deliver accurate, thorough, and prescriptive employee performance reviews on the required timeline. 
• Other duties as assigned

First-Year Performance Objectives

• Financial Close Excellence
  • Reduce month-end close timeline by 20-30%.
  • Achieve 100% timely completion of balance sheet reconciliations.
  • Eliminate recurring close bottlenecks through process redesign and automation.
• Internal Controls & Material Weakness Remediation
  • Complete all assigned remediation activities on schedule.
  • Achieve sustained control execution and documentation compliance above 95%.
  • Successfully support external testing of remediated controls.
• Treasury & Cash Forecasting
  • Implement a rolling 13-week cash flow model used by executive leadership.
  • Achieve forecast accuracy within ±10% by quarter-end.
  • Establish standardized cash forecasting responsibilities and reporting processes.
• Audit Readiness
  • Deliver all audit requests within agreed timelines.
  • Reduce audit adjustments and rework year-over-year.
  • Complete annual Big 4 audit without significant accounting or control findings attributable to the accounting function.
• Team Development
  • Establish individual development plans for all direct reports.
  • Cross-train team members on key accounting processes.
  • Improve organizational depth and succession readiness for critical accounting responsibilities.

Qualifications

Education and Experience

• • Bachelor's degree in Accounting, MBA preferred.
  • CPA required/strongly preferred.
  • 7+ years of progressive accounting experience.
  • 3+ years of people leadership experience.
  • Experience in a publicly traded company environment.
  • Strong knowledge of US GAAP, SOX, and internal controls.
  • Experience managing multi-entity and multi-currency accounting environments.
  • Experience working with external auditors, including Big 4 firms.
  • Advanced Excel and financial systems proficiency.
  • Demonstrated success leading process improvement initiatives.
• Preferred
  • Combination of public accounting and industry experience.
  • Experience supporting material weakness remediation programs.
  • Experience with multiple ERP systems and system integrations.
  • Treasury or cash management experience.
  • Experience in an acquisitive or rapidly growing organization.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made for qualified individuals with disabilities if necessary to perform the essential functions of this position.

While performing the duties of this Job, the employee is regularly required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; climb or balance and stoop, kneel, crouch, or crawl. The employee is occasionally required to sit and talk or hear. Specific vision abilities required by this job include close vision, color vision and ability to adjust focus.

Work Environment

The work environment characteristics described below are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.  The noise level in the work environment is usually moderate.

Equal Opportunity and Non-Discrimination

Transcat is an equal-opportunity employer and prohibits discrimination based on any protected status.  As required by United States law, all qualified applicants will receive consideration for employment without regard to age, color, disability, genetic predisposition or carrier status, national origin, race, religion, sex (including pregnancy, sexual orientation, and gender identity), status as a protected veteran, or as a member of any other protected group or activity under federal, state, and local law.

We will make reasonable accommodations for employees with disabilities to enable them to perform the essential functions of their position unless doing so poses an undue hardship to the company or a direct threat to health or safety.

Contingencies

All offers of employment are contingent upon successfully completing all pre-employment requirements, which include verification of identity and employment eligibility, and when applicable, a motor vehicle driving record report.