Finance Co-Op

Rapiscan, an OSI Systems Company is seeking a Finance Co-Op Student, based out of Billerica, MA.

Rapiscan Systems, an OSI Systems, Inc. company, designs, manufactures and markets security and inspection systems worldwide. Our products are used to inspect baggage, cargo, people, vehicles and other objects for weapons, explosives, drugs and other contraband. Rapiscan Systems security and inspection devices can be found in a wide range of locations such as airports, border crossings, railway stations, seaports and terminals, government and military installations, and nuclear facilities.

The role involves supporting core accounting operations, including booking journal entries, assisting with month-end close activities, and preparing account reconciliations. The position requires learning and navigating the ERP system, understanding the chart of accounts, and ensuring proper documentation for journal entries and reconciliations.

Key responsibilities include performing intercompany reconciliations, ensuring SOX compliance, and monitoring accruals and source transactions for timeliness. The role also supports the tax department with state business and use tax filings and collaborates with business partners to track and manage departmental spending.

Additional duties involve generating spending reports and transaction-level summaries from reporting systems to identify and correct misclassified or missing expenses. The position also includes responding to year-end audit requests and ensuring auditor requirements are met.

• Book journal entries, assist with month-end close, and prepare account reconciliations
• Learn how the ERP system works to book journals, how is the chart of accounts structured, what is required to book a journal-including documentation, what is required to complete and account recon.
• Inter company reconciliations and SOX compliance
• Complete an intercompany reconciliation with several other internal organizations, will monitor for accruals to be booked. Will be required to check that source transactions are booked timely.
• Assisting tax department in state tax filings for business and use tax, and working with business partners to monitor and address departmental spending.
• Pull spending reports from our reporting system, as well as how to pull transaction level information from the ERP to create spending summaries for business leaders and to check for missing/incorrectly classified expenses
• Respond to year-end audit requests and how to satisfy the auditors with those requests.
• Demonstrate behavior consistent with the Company's Code of Ethics and Conduct.
• It is the responsibility of every employee to report to their manager or a member of senior management any quality problems or defects in order for corrective action to be implemented and to avoid the recurrence of the problem.
• Duties may be modified or assigned at any time to meet the needs of the business.

• Enrolled in an accredited program for Bachelor of Business or Accounting or similar field.
• Ability to work with limited supervision.
• Strong communication skills and willingness to lead in front of a team
• Strong problem solving skills
• Strong proactive communication skills both written and verbal.
• Microsoft Word, Excel and Project
• Excellent written and verbal communications skills
• Ability to demonstrate effective hands-on learning

Please review our benefits here: Life at OSI

The specific programs and options available to any given employee may vary depending

on eligibility factors such as geographic location and date of hire. Please note that the salary information shown above is a general guideline only. Salaries are based upon candidate experience and qualifications, as well as market and business considerations.

NOTICE TO THIRD PARTY AGENCIES

OSI Systems, Inc. and its subsidiaries (collectively "OSI") does not accept unsolicited resumes from recruiters or employment agencies. If any person or entity, including a recruiter or agency, submits any information, including any resume or information regarding any potential candidate, without a signed agreement in place with OSI, OSI explicitly reserves the right to use such information, and pursue and/or hire such candidates, without any financial obligation to the person, recruiter or agency. Any unsolicited information or resumes, including those submitted directly to hiring managers, are considered and deemed to be the property of OSI.

Equal Opportunity Employer - Disability and Veteran Know Your Rights

Poster Link:

https://www.eeoc.gov/sites/default/files/2023-06/22- 088_EEOC_KnowYourRights6.12ScreenRdr.pdf

OSI Systems, Inc. has three operating divisions: (a) Security, providing security and

inspection systems, turnkey security screening solutions and related services; (b) Healthcare, providing patient monitoring, diagnostic cardiology and anesthesia systems; and (c) Optoelectronics and Manufacturing, providing specialized electronic components and electronic manufacturing services for original equipment manufacturers with applications in the defense, aerospace, medical and industrial markets, among others.