Accounting & Finance Lead (Act 60 — Manufacturing)
Location: Fully Remote
Type: Full-time
About the Role
Our 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 Do
Act 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.
Core Accounting & Close
- 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.
Tax, Payroll & Filings
- 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).
Planning, Analysis & Cash
- 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.
Systems & Scale
- 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.
What You’ll Bring
Required
- 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.
Nice to Have
- 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.
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