Intern, Finance

About Us:

Machine Solutions is the premier provider of advanced equipment and services for the medical device, biopharmaceutical, and blood- and plasma-collection industries. We support our customers’ needs and growth by delivering quality and value through a wide breadth of products. Machine Solutions provides proprietary mechanical solutions to a variety of complex process, testing and device design challenges. Our equipment has become the industry standard for stent crimping, balloon catheter pleating and folding, catheter braiding and medical device manufacturing applications. As a pioneer in radio frequency technology, the company has continued to develop advancing technology for thermal forming, molding and welding plastic for medical manufacturing, biopharmaceutical, and blood- and plasma-processing applications. Our experienced team of engineers has been instrumental in automating manual processes that enable our customers to increase production volumes and profit margins, and we believe in providing a superior customer experience by designating resources to a dedicated aftermarket team that is always ready to provide technical service and process support. Machine Solutions is privately owned by BW Forsyth Partners, a Barry-Wehmiller company.

 

BW Forsyth Partners is the investment arm of multibillion-dollar global manufacturing and engineering consulting firm Barry-Wehmiller. Established in 2009, BW Forsyth Partners blends Barry-Wehmiller’s unparalleled legacy of value creation and people-centric culture development with keen investing experience to help companies realize their true potential. With a focus limited to areas known well, BW Forsyth Partners seeks to partner with leadership teams to acquire small- to middle-market companies in the capital and component equipment, and professional services sectors. In each of our operating companies, BW Forsyth Partners deploys operational improvements and strategy development without compromising the autonomy, strategic vision and entrepreneurial spirit of their leadership teams.

 

Job Description:

JOB OVERVIEW:

The Accounting Intern’s primary purpose is to provide accounting support to both our Accounts Payable and Accounts Receivables teams. The main course of work will include compiling and maintaining both the accounts payable and accounts receivable records for all of Machine Solutions Companies, ensuring all work adheres to GAAP.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Reviews vendor invoices for appropriate documentation and approval prior to payment

• Collecting & Posting all Vendor Invoices

• Assists in preparing ACH/Wire/Check Payments and related files

• W9 maintenance & 1099 filing at year end.

• Answers both internal/external inquiries via phone/email/teams

• Maintains all accounts payable reports, spreadsheets and corporate accounts payable files

• Accounts Receivable Duties include but are not limited to invoices, cash receipts, and aging reviews.

• Performs other duties assigned by the team.

QUALIFICATIONS/EDUCATION AND/OR EXPERIENCE:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• High school diploma or equivalent.
• Basic understanding of accounting principles.
• Proficiency in Microsoft Word and Excel.
• Experience with ERP system is a plus.
• Associate degree in accounting or related field preferred.
• Accounting Experience or equivalent combination of education and experience preferred.
• Pursuit of an accounting degree may substitute for experience (current enrollment necessary).

KNOWLEDGE/SKILLS & ABILITIES:

• Must have a strong work ethic and be self-motivated to learn.
• Must be well organized, detail-oriented, professional, and reliable.
• Excellent communication and customer service abilities.
• Strong attention to detail and organizational skills.
• Demonstration for strong problem-solving skills.
• Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents.
• Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. 
• Ability to effectively present information to top management, public groups, and/or boards of directors.
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.

PHYSICAL DEMANDS & WORK