Senior Accountant

IPG Photonics is revolutionizing the laser industry as the pioneering developer and leading producer of fiber lasers and amplifiers. Headquartered in Marlborough, MA, IPG has over 4,800 employees in more than 25 locations around the world. We aspire to work together with our employees and customers to apply light in ways that improve life.

Our mission is to develop innovative laser solutions to make the world a better place. To accomplish this mission, we are committed to attracting and retaining the best talent and an engaged and thriving workforce that drives a sustainable future for our company and society.

Working at IPG Photonics you can expect challenging projects, a motivating and friendly environment, and competitive benefits.

The Senior Accountant plays a pivotal role in supporting the company’s financial operations, compliance, and strategic initiatives. This position is responsible for leading key accounting processes such as special projects, month end close, and compliance reporting. With a focus on operational efficiency and data accuracy, the Senior Accountant will drive process improvements, ensure regulatory compliance, and support the growing demand for financial insights. This is a hands-on role that requires strong technical skills, a proactive mindset, and the ability to manage multiple priorities in a dynamic environment. The successful candidate will demonstrate an ability to interact with all departments within the company.

Key Responsibilities:

Month End Close:
Key contributions to month end close including Lead and coordinate the company’s month end close process. Ensure that financial statements and related supporting documentation are timely reported and accurate. Analyze operating results and KPI reporting. Prepare and maintain adjusting journal entries

Internal and External Audit:

Coordinate and ensure that both internal and external audits are completed on time and all documentation is up to date

ERP Implementation:
Contribute to the successful implementation of the new ERP system by participating in system testing, end-user training, and comprehensive process documentation.

Compliance Reporting:
Oversee the expanded scope of sales and use tax, unclaimed property and other external reporting. Support audit preparation and explore system-driven efficiencies to streamline future reporting activities.

Process Improvement Initiatives:
Identify and enhance key financial processes including warranty accruals, inventory controls, and customer billing workflows to improve accuracy, transparency, and efficiency.

Data Analysis & Reporting:
Manage the growing demand for financial data requests, both internal and external. Support the development of reporting tools and respond to data needs for corporate initiatives and future budgeting changes.

Strategic Resource Planning:
Support long-term efficiency strategies by contributing to the optimization of finance operations and reducing the need for future headcount increases.

Required experience/Skills:

• Bachelor’s degree in Accounting, Finance, or related field
• Minimum of 5 years of progressive accounting experience
• Strong understanding of GAAP and regulatory compliance
• Experience with ERP systems and financial reporting tools; experience with ERP implementation is a plus
• Proven ability to lead projects and cross-functional initiatives
• Excellent organizational, analytical, and problem-solving skills
• Strong verbal and written communication skills

Preferred Experience/Skills:

• CPA preferred
• 3 years of Public Accounting experience
• Knowledge of multi-state sales and use tax reporting
• Experience improving and automating accounting processes
• Comfort working in a fast-paced, evolving environment with competing priorities