Accountant for a Manufacturing Company in Puerto Rico
- Philippines
- Permanent
- Full-time
Type: Full-timeAbout the RoleOur client is are a small, growing business in Puerto Rico preparing to operate under an Act 60 manufacturing tax decree. We’re seeking an Accounting & Finance professional who has hands-on experience supporting a company that has successfully leveraged Act 60 (formerly Acts 20/22/73) incentives—ideally in a manufacturing environment. You will build and run our day‑to‑day finance operations while owning all compliance and reporting needed to maintain our tax decree benefits.What You’ll DoAct 60 Strategy, Compliance & Reporting
- Set up and maintain accounting and record‑keeping frameworks that align with our Act 60 manufacturing decree requirements.
- Prepare and file annual compliance deliverables and supporting documentation; coordinate with DDEC, Hacienda/SURI, Municipal Patente authorities, and CRIM as needed.
- Track and document eligible activities, jobs, investments, and expenditures to support audits and incentive renewals.
- Serve as the internal point of contact with outside tax advisors, legal counsel, and auditors.
- Own the monthly close (GL, accruals, reconciliations, journal entries) and deliver timely financial statements (P&L, Balance Sheet, Cash Flow).
- Manage AP/AR, vendor onboarding, payment runs, and collections.
- Implement and oversee inventory, COGS, and manufacturing cost accounting (standard costing, variances, BOMs, work‑in‑process, inventory valuation).
- Build and enforce accounting policies and internal controls consistent with US GAAP.
- Coordinate Puerto Rico tax filings and payments (corporate income tax, informative returns/480 series where applicable, sales & use tax/IVU, municipal license tax, property tax), working with external advisors where needed.
- Oversee payroll processing and ensure compliance with PR requirements relevant to our decree (e.g., headcount thresholds, eligible positions).
- Create budgets/forecasts, track performance, and provide variance analysis with actionable insights.
- Build a 13‑week cash forecast; monitor runway, credit lines, and covenant compliance.
- Model the financial impact of Act 60 incentives and identify opportunities to maximize benefits within the program’s rules.
- Evaluate, implement, and optimize our accounting system (e.g., QuickBooks Online/Xero or light ERP) and ensure clean integrations with banking, payroll, and manufacturing systems.
- Establish scalable workflows, checklists, and dashboards to support growth and audits.
- 5+ years progressive accounting/finance experience, including manufacturing or product‑based businesses.
- Direct experience supporting a company under Act 60 (or prior PR incentive regimes) with demonstrated involvement in compliance, reporting, and agency coordination.
- Strong command of US GAAP, monthly close, reconciliations, and internal controls.
- Working knowledge of Puerto Rico tax and compliance infrastructure (DDEC, Hacienda/SURI, Municipal Patente, CRIM).
- Hands‑on with inventory/cost accounting in a manufacturing context.
- Advanced Excel/Google Sheets; comfortable with accounting systems (QBO/Xero/ERP).
- Bilingual (Spanish/English)—professional proficiency required.
- High ownership, discretion, and the ability to operate in a lean, entrepreneurial environment.
- CPA (PR or US) or equivalent professional certification.
- Experience implementing or optimizing ERP/MRP for manufacturing (e.g., NetSuite, Odoo, SAP Business One, Microsoft Business Central).
- Prior involvement in incentive audits and annual Act 60 reporting packages.
- Experience with costing methodologies (standard costing, ABC), and manufacturing KPIs.
- Familiarity with grant/incentive tracking and documentation best practices.