Cost Accountant

Makers' Pride

Grand Rapids, MI

JOB DETAILS
SKILLS
Accounting, Accounting Close, Accounting Software, Analysis Skills, Bill of Materials (BOM), Billing, Biotech and Pharmaceutical, Budgeting, Capacity Utilization, Capital Budgeting, Capital Expenditure (CAPEX), Capital Project, Communication Skills, Computer Workstations, Continuous Improvement, Cost Accounting, Cost Analysis, Cost Control, Expense Analysis, Expense Tracking, Finance, Financial Analysis, Financial Reporting, Food and Beverage Industry, Forecasting, Forklift, GMP (Good Manufacturing Practices), Interpersonal Skills, Inventory Management, Journal Entries, Leadership, Lift/Move 20 Pounds, Manufacturing, Manufacturing Analysis, Manufacturing Cost, Marketing, Metrics, Microsoft Excel, Microsoft PowerPoint, Microsoft Word, Multitasking, Office Suites, Payroll Software/Services, Performance Analysis, Performance Metrics, Presentation/Verbal Skills, Pricing, Product Costing, Product Pricing, Production Control, Production Costing, Production Management, Production Systems, Progress Reports, Project Engineering, Project Evaluation, Project Tracking, Reconciliation, Regulations, Reporting Skills, Return on Investment (ROI), Root Cause Analysis, SAP, Safety/Work Safety, Sales, Standards Development, Stock Keeping Unit (SKU), Team Player, Variance Analysis
LOCATION
Grand Rapids, MI
POSTED
2 days ago

Job SummaryThe position is responsible for developing and monitoring plant costs and operational metrics. Maintains SKU level cost standards in SAP. Prepare root cause variance analysis of actual to standard for materials and labor. The cost accountant is responsible for managing the month end cost rolls, participating in the month end close process as well as interpretation of operational reporting, monitoring of actual results, forecasting, planning and analysis. The role also assists with developing the annual plant budget, capital spending proposals and new product costing. The role resides at the plant level to assist plant and business unit managers in the aforementioned metrics.Job DutiesPlant expert regarding the cost accounting system, upholding internal controls over financial reporting.Develop standard costs, update and create new Bill of Materials and Routings within SAP.Reconcile FT and temp employee labor hours between SAP and payroll system on a weekly basis.Prepare monthly journal entries for inventory related adjustments.Assist production management with assessment of “continuous improvement” projects and processes. Measure and report progress toward planned goals.Analyzes manufacturing costs and prepares reporting comparing standard to actual production costs.Work with Plant leadership team in preparation of pricing quotations for the Sales and Marketing teams, as needed for new projects or engineering revisions.Maintain integrity between SAP and cost cards.Prepare financial analysis of new product performance against pricing assumptions.Assist in the preparation of Annual Operating Budget for the plant.Preparation and review of production metrics on a daily, weekly and periodic basis.Analyze and monitor production line capacity, utilization and performance.Responsible for creating SAP Routings.Assist with preparation of analysis of capital expense projects, continuous monitoring of spending against CAPEX and ROI assessment.Responsible for reconciling customer owned inventory, tracking usages and understanding Usage drivers.Monitor both the frozen and current standards within the system, ensuring the current routing data matches playbooks.Assist with month end reporting, understanding overall plant financial performance against budget, participating in cost savings initiatives and project savings calculations.Assist with the month end closing process, WIP reporting, bill on production reconciliation, journal entries and variance to standard reporting.Track and prepare special billing opportunities, including material and labor costs.Provide disposition costs into the QN process.Position provides multi-site support.Specific Reporting RequirementsWeekly labor reportingWeekly material usage reportsWeekly KPI reportingMonthly KPI statisticsMonthly Lbs. reportingMonthly WIP reportingMonthly Variance by Customer reportingRequired Competencies & KnowledgeProcurement, manufactured products, and production processesAccounting and finance principlesExperience with SAPCost Accounting or Manufacturing accounting experienceSkilled InProficiency in Excel, Word, and PowerPoint.Strong analytical and interpersonal skills.Ability to effectively interface with plant and corporate office personnel.Strong oral communication skills.Ability to work as part of a team in a fast‑paced environment and handle multiple assignments simultaneously.Ability ToCommunicate effectively both verbally and in writing.Successfully multi‑task.Ensure collaborative relationships with industry, trade, other associations, regulatory agencies and Hearthside staff.Lead best‑in‑class behaviors with focus on safety, quality and policy.Proficiency InMS Office Suite and SAPWork EnvironmentWork is primarily done in an office setting at supported plant(s).Infrequent production environment exposure which includes noise, dust, moving machinery, forklift, and fluctuations in temperature.10% of time will be spent on the production floor so GMP's must be followed.Physical RequirementsSitting at a work station for extended periods of time.Stand, walk, climb stairs on an infrequent basis.Must be able to lift 20 pounds on an infrequent basis.Minimum QualificationsBachelor's Degree is required.Minimum of three years' experience with Manufacturing/Cost Accounting in an industrial sector, preferably high‑volume manufacturing. Preference for food or pharma industry.Maker's Pride is an Equal Opportunity Employer.#J-18808-Ljbffr

About the Company

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Makers' Pride