General Ledger Team Leader/Process Owner

Build a career powered by innovations that matter! At Novanta, our innovations power technology products that are transforming healthcare and advanced manufacturing—improving productivity, enhancing people’s lives and redefining what’s possible. We create for our global customers engineered components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications—from minimally invasive surgery to robotics to 3D metal printing.

Novanta is one global team with over 26 offices located in The Americas, Europe and Asia-Pacific. Looking for a great place to work? You have found it with a culture that embraces teamwork, collaboration and empowerment. Come explore Novanta.

Business Unit Overview

This position is part of Novanta’s Corporate and Shared Services global teams. Novanta’s Corporate and Shared Services teams play an important role in executing the company’s strategic mission and operations. Included in Corporate and Shared Services are the business functions including Finance, Accounting, Human Resources, Information Technology, Legal, Compliance, Corporate Development and Corporate Marketing. The Corporate and Shared Services teams work closely with all Novanta business units to support operating initiatives contributing to the organization’s financial success.

Summary

The General Ledger (GL) Team Leader is a dynamic position managing the Shared Services GL team for multiple European Novanta companies. This position ensures compliance with SOX and other internal policies requirements within the GL Accounting function, implements best practices across the GL team and is go-to person for the GL accountants in terms of complex transactions and issues. In addition, this role will also be supporting the transition of GL processing from various European sites to Brno.

Primary Responsibilities

Process Improvement & Change Management

Collaborate with stakeholders to gather requirements and understand business needs, objectives, and priorities related to process transformation initiatives.

Analyze current business processes to identify inefficiencies, bottlenecks, and areas for improvement.

Ensure processes are documented and aligned to standard methodologies, best practices and organizational guidelines, promoting consistency and efficiency in operations.

Support change management efforts by assisting in the development and implementation of training materials and stakeholder engagement strategies to facilitate adoption of new processes and systems.

Proactively identify opportunities for continuous improvement in processes, methodologies, controls and tools to drive ongoing optimization and innovation within the organization.

Business Process Owner

Resolve complex issues with transactions processing (go-to person for GL Accountants)

Resolve technical issues affecting GL in cooperation with IT

Understand functionality of each ERP/Platform used by GL team

Mitigate knowledge/skill gaps of GL team

Monitor key performance indicators of the team to ensure productivity levels meet established criteria

Ability to perform GL Accountant duties

Ensure back-up is available within GL team in case of potential absence of any GL Accountant

Facilitate payment process via adhoc checking of payment files before they are submitted to final release in bank

Compliance & Controls

Participation in closing activities (subledgers closing, reconciliations, accruals), cooperation with GL

Direct cooperation with internal and external auditors

Follow corporate accounting policies and procedures to ensure SOX compliance and Novanta Approval Matrix

Review and approve Journal Entries preparedy by GL Accountants

Supervise/update monthly closing checklist daily during reporting week to ensure closing activities are complete and delivered on time for all Sites in the scope of EMEA SSC Accounting team

Address/resolve delays in closing activities (if indentified) and mitigate the risks of such delays.

Provide monthly closing updates to Corporate Accounting on dedicated calls during reporting week

Review and approve monthly reconciliations of smaller-scale Sites

Implement updates in Novanta accounting/reporting policies while ensuring harmonized GL approach for all Sites in the scope of EMEA SSC Accounting team

Required Experience, Education, Skills, Training and Competencies

Bachelor’s degree in business management, Finance/Accounting, Information Systems or equivalent.

Total 8+ year of experience and 3+ years of experience in business analysis, process improvement or related roles

SAP/Oracle ERP system experience

Strong analytical skills with the ability to collect, organize, analyze, and interpret data from various sources.

Excellent communication and interpersonal skills with the ability to effectively collaborate with cross-functional teams and stakeholders.

Proven ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities and requirements.

Ability to work effectively both independently and as part of a team.

Familiarity with project management methodologies and tools (e.g., Agile, Scrum, JIRA) is a plus

Excellent skills with Microsoft Word Office, Excel, PowerPoint, Outlook etc.

Ability to pay attention to detail when understanding the process.

Ability to manage time effectively and Self-learning capabilities.

Ability to find solutions, not only causes

Travel Requirements

None

Physical Requirements

None

Novanta is proud to be an equal employment opportunity and affirmative action workplace. We consider all qualified applicants without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, national origin, military and veteran status, disability, genetics, or any other category protected by federal law or Novanta policy.

Please call if you need a disability accommodation for any part of the employment process.

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