This position is a Business Partner to the Plant Manager(s) and provides financial analysis of plant operations so appropriate financial decisions can be made, especially on cost controls and reductions.
Essential Duties and Responsibilities
Prepares, communicates, measures, and understands key business unit operating metrics/KPI/drivers and compares to established goalsPerform weekly cycle count auditsExecute Standard Cost Variance Analysis and reporting
Perform month end Inventory Process and reconciliations for locations assigned
Help drive and manage Mid-year and Annual Physical Inventory Process for locations assigned along with report outs of metricsIn cooperation with Plant Manager(s), manage overhead, and direct labor spend for locations assignedPerform Scrap AnalysisSupport the workflow and be a team member for Capital projects teams, acting as a liaison to the plants for project justificationsParticipate in Lean Kaizen Events as the key accounting personnelWorks with plant personnel to coordinate and support monthly forecasting and annual budget of plant spend
Provide backup for costing of new items and attend the ECR meeting
Supporting, tracking, monitoring, and controlling of all financial related initiatives at the plantPerform monthly close of select plant balance sheet accounts including inventory, inventory reserves, plant accruals, etc. as well as ensuring P&L accuracy and matching principalsAnalyze monthly results with Plant Manager(s) and participate in monthly management reviews of locationsProvide controllable spend analysis weekly to plant managersExecute special projects as directed by Accounting and Plant ManagementProvide finance leadership presence and support at the locations assigned
Perform posting of transactions to the GL for timely cut off Perform/assist in quarterly and annual Cost Rolls Perform review and analysis of OH and Labor rates in order to set yearly rates Perform analysis on Margins by job and report to top management Support annual audit and work with external auditors Support plant personnel with PO Requisitions for correctness, costing, dept and account # Member of the Cost down team and assists plant team to identify and track cost savings projects Provide Labor and OH analysis monthly to the Plant manager
Above is a list of the most important responsibilities and functions, which are essential to the position. Employees must be able to perform these essential functions satisfactorily with or without a reasonable accommodation. Accommodations will be evaluated and provided to eligible employees on a case by case basis, depending on the employee's medical restrictions, work availability, the nature of the position, the position's essential functions and other relevant factors.
Education: Bachelor's degree in Accounting; Master's degree a plus Licenses/Certifications: CPA preferred; CMA preferred Knowledge, Skills, & Abilities:
Should have 6+ years of experience including cost accounting experience Strong Microsoft Office suite skills required. Advanced Excel skills required. Experience in a manufacturing accounting environment preferred Experience in multi-plant, multi-location environment desirable Exceptional verbal and written communication skills High level problem solving, and analytical skills required Exceptional personal initiative and desire to drive consistent improvement Ability to thrive in a fast-paced environment. Ability to work within a team environment and highly functional not just as a leader but also as a team member Ability to quickly learn and utilize various software applications and financial tools Must have strong work ethics during high volume periods, including month and year-end close, and the budgeting season. Experience with Syteline preferred
To perform the job successfully, an individual should demonstrate the following competencies to perform the essential functions of this position: Analytical-the individual synthesizes complex or diverse information including BOM cost review and evaluation Problem solving-the individual identifies and resolves problems in a timely manner and gathers and analyzes information skillfully. Technical skills-the individual must possess strong US GAAP accounting knowledge related to normal business/manufacturing operations. Oral communication-the individual speaks clearly and persuasively in positive or negative situations, demonstrates group presentation skills, and conducts meetings. Management skills- makes self-available to plant staff for financial management consultation; skills include financial evaluation of plant staffing levels and efficiencies in conjunction with plant management, decision-making, facilitating process improvement including streamlining and automation. Quality management-the individual looks for ways to improve and promote quality and demonstrates accuracy and thoroughness. Judgment-the individual displays willingness to make decisions, exhibits sound and accurate judgment and makes timely decisions. Planning/organizing-the individual prioritizes and plans work activities, uses time efficiently and develops realistic action plans.
Working Conditions & Physical Requirements
Please refer to the general office physical demands checklist for more information regarding the working conditions and physical requirements for this job.