SUMMARY:
The Senior Accountant is part of the Finance team and is expected to work with the Corporate Controller in performing all aspects of operational finance requirements including cost and variance analysis, development of annual product standard costs, and analyzing inventories.
RESPONSIBILITIES:
- Participate in the monthly closing process ensuring work requirements are completed in a thorough and accurate manner
- Perform inventory close duties
- Track, analyze and report inventory valuations to management, ensure valued inventories have accurate quantities and are properly valued in accordance with GAAP
- Analyze cost accounting data and assist with cycle count/physical inventories
- Review, investigate, and correct errors and inconsistencies in transaction entries, documents, and reports
- Complete assigned account reconciliations and related analysis on a monthly basis to identify potential discrepancies in account balances
- Calculate and analyze the Excess & Obsolete Inventory Reserve
- Prepare data for yearly standard setting process for finished goods, components, and core parts; update and review standard and actual costs
- Establish, maintain and review standard costs; maintain reports to assist with the development of product costs
- Acquire a detailed understanding of business model, processes, procedures and plant accounting internal controls
- Support all audit requirements and ensure audit demands are met in a timely manner
- Maintain schedules, support, and analytics for year-end financial audit
- Establish detail part number reports to ensure the Cost of Goods Sold section of the financials are compliant and correct
- Work with plant operations in gathering all required information to submit fixed asset forms for approval or to retire fixed assets
- Perform analyses on assigned accounts to determine trends, estimates, and significant changes
- Develop and prepare various reports and operational packages to provide support to plant operations
- Analyze actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs
- Work with operations on new and proposed product cost estimates
- Review and analyze inventory and margin reports, conduct research and perform analytical studies regarding cost analyses.
- Participates in the preparation of the annual product cost development, analyze and report budgeted variances, and perform volume, component and core costing analysis
- Participate in the preparation of required budget schedules
- Prepare monthly variance analysis to support accurate and timely reporting of monthly actuals to various internal customers
- Participates in the coordination and preparation of operating forecasts vs budget, as required
- Preparation of weekly and or mid-month projections of operations performance, as required
- Planning/Forecasting/Analyses
- Perform analyses on assigned accounts to determine trends, estimates, and significant changes
- Develop and prepare various reports and operational packages to provide support to plant operations
- Analyze actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs
- Work with operations on new and proposed product cost estimates
- Review and analyze inventory and margin reports, conduct research and perform analytical studies regarding cost analyses.
- Participates in the preparation of the annual product cost development, analyze and report budgeted variances, and perform volume, component and core costing analysis
- Participate in the preparation of required budget schedules
- Prepare monthly variance analysis to support accurate and timely reporting of monthly actuals to various internal customers
- Participates in the coordination and preparation of operating forecasts vs budget, as required
- Preparation of weekly and or mid-month projections of operations performance, as required
- Support implementation/updates of cost accounting systems
- Train, coach, and mentor a direct report
- Support for process improvement projects
- Work with External Auditors and provide support
REQUIREMENTS
- Bachelor’s degree in Accounting
- CPA or CMA highly desired
- 3 years plus of cost or manufacturing accounting experience required
- Experience working with engineering and manufacturing personnel on development and analysis of cost standards and other issues
- Excellent verbal, written, and organization skills necessary
- Microsoft Office Suite with intermediate/advanced Excel skills
- Experience with Oracle ERP system preferred
- Prior exposure to remanufacturing is a plus
- Previous work experience in a Private Equity environment a plus
- Capability to travel to other manufacturing sites as needed
- Demonstrated independent and objective thinking to properly evaluate, communicate, educate, influence and gain cooperation in reaching consensus, decisions and action
- Ability to develop astute financial analytics to identify trends and then draw key
- conclusions, providing insights and knowledge to drive decision making and engage non-finance management in managing the business
- Adept at asking thought-provoking questions in order to create healthy debate and challenge our team in order to address critical issues
- Curiosity and drive to understand underlying issues and to simplify process, resolve complex problems and pro-actively present issues to management
- Results-oriented with a strong sense of urgency for driving results
- Very detail-oriented professional with a desire to dig into the details to understand data and business trends
- Solid organizational skills and ability to balance multiple priorities in a dynamic environment
- Must be able to maintain an effective working relationship with, and among coworkers and supervisors
- Demonstrates honesty, integrity and professionalism