This includes
Adhere to the annual and monthly standard costing process for calculation review and update of standard costs. Adhere to global Cost & Inventory Accounting policies and procedures to establish a consistent approach for Cost & Inventory Accounting processes. Communicate with finance and supply chain stakeholders for raw material prices landed cost data production master data and questions related to cost variances and cost reporting. Handle costing issues that need resolution in an independent manner
Reporting of product costs cost variances and inventory valuation per SOX control and business control requirements Analyze and prepare monthly cost variance reporting for the analysis of purchase price and manufacturing variances. Prepare journal entries. Perform month-end and year-end cost & inventory accounting activities including ensuring financial accuracy of postings and COGS object accounts and performing necessary account reconciliations. Support both internal and external audit teams by providing requested documents and approvals.
Follow and communicate policies and procedures to establish a consistent approach across the organization for cost and inventory accounting processes. Provide support for transformation activities for the improvement of Cost & Inventory Accounting processes.
Adhere to a culture of continuous improvement automation digitization adherence and proactively propose enhancement to Global Standards. Ensure application of the global process governed by a set of clearly defined controls. Act as point of contact for operational Cost & Inventory Accounting for other finance and business stakeholders.
Requirements
Education, Experience, and Training Bachelors degree (BS) in accounting, finance, or related field required. CPA or equivalent a plus.
Required Skills and Competencies
As a global employer, Quaker Chemical and it's subsidiaries has developed a unique culture that encourages high involvement and active collaboration at all levels. We are committed to creating a work environment which values and leverages diverse backgrounds, experiences, and cultures.
Quaker supports career growth, placing strong emphasis on personal and professional development. Individuals who are prepared to drive their own advancement will find challenges in various assignments, on-the-job training, formal and informal development and structured educational opportunities. Advancement in Quaker is based on individual performance, business needs and individual interest and capabilities. We seek to hire those who share our values, and want to expand and apply their talents to make a difference. We offer a competitive compensation and benefits program, and much more!