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Plant Accountant

3 months ago

Louisville, United States Givaudan Sense Colour Full time
Job DescriptionJob DescriptionPurpose:
The Plant Accountant is responsible for managing the accounting functions of a manufacturing plant. This role involves maintaining accurate financial records, ensuring compliance with corporate and requirements, and providing financial analysis and support to the plant management team. The Plant Accountant plays a critical role in the financial health and efficiency of the plant operations.

Principle Responsibilities:
  • Uphold DDW’s Mission Statement, Quality Policy, and Values and Beliefs.
  • Perform work accurately and reliably with proper thoroughness according to established procedures.
  • Proper work ethic including being at work when scheduled, arriving to work on time, and being ready to work at the start of the workday or shift.
Plant Accountant:
  • Financial Reporting and Analysis:  Lead month-end close process consisting of making journal entries, preparing account reconciliation’s, along with income statement and balance sheet analysis. Monitor and report on plant performance, including variances in production costs, overhead, and inventory. Review transactions that flow through general ledger to ensure month-end financial statements are accurate.  Understand transactions and adjust as necessary.
  • Budgeting and Forecasting:  Assist in the preparation of the plant’s annual budget.  Develop and maintain financial forecasts, including sales, production costs, and capital expenditures.  Track and report on budget vs. actual performance, highlighting any significant variances.
  • Cost Accounting:  Maintain the plant’s cost accounting activities, including the maintenance of standard costs and variance analysis.  Analyze cost variances and implement cost control measures.
  • Inventory Management:  Oversee the accounting and reporting of inventory, including raw materials, and finished goods.
  • Accounts Receivable:  Serve as back up for daily cash entry, bank reporting, customer entry, and reporting.  Ensure balance agrees with E1 general ledger by reviewing system integrity reports. 
  • Credit Management:  Determine credit limits for all new customers along with annual review of existing customers.  Manage credit holds daily and take action as appropriate.
  • Accounts Payable:  Serve as backup to Senior Financial Assistant for daily voucher entry, purchase order invoice entry and freight invoice entry.  Ensure balance agrees with E1 general ledger by reviewing system integrity reports. 
  • E1:  Serve as location expert in E1 (ERP System).  Help manufacturing with work orders and various daily transactions along with supporting customer service and finance.
  • Operational Support:  Collaborate with plant leadership team to identify and implement process improvements. Provide financial insights and recommendations to support operational efficiency and cost reduction initiatives. Assist in the evaluation of capital expenditure projects and ROI analysis.
  • Team Leadership and Development:  Lead and develop two direct reports, providing coaching, mentoring, and performance management.  Foster a culture of continuous improvement and professional development within the finance team.  Collaborate with other plant departments to support overall plant goals and objectives.
  • Policies & Procedures:  Ensure that Finance team is in compliance with all corporate policies and procedures. 
  • Continuous Improvement:  Actively participate in Continuous Improvement process by leading or participating on at least one CI project annually.
  • Audit:  Participate in audit requests and preparing audit schedules and other reports as required and necessary.
Competency Requirements:
Integrity/Ethics
Deals with others in a straightforward and honest manner, is accountable for actions, maintains confidentiality, supports company values, conveys good news and bad.
Work Environment/Safety
Promotes mutual respect, keeps workplace clean and safe, supports safety programs.
Quality
Is attentive to detail and accuracy, is committed to excellence, looks for improvements continuously, monitors quality levels, finds root cause of quality problems, owns/acts on quality problems.
Vision and Values
Supports values and daily actions and decisions, communicates vision and values to others, generates enthusiasm, incorporates vision when planning.
Dependability
Meets commitments, works independently, accepts accountability, handles change, sets personal standards, stays focused under pressure, meets attendance/punctuality requirements.
Functional/Technical Skills
Possesses required functional and technical knowledge and skills to do his or her job at a high level of accomplishment; demonstrates active interest and ability to enhance and apply new functional skills.
Initiative
Tackles problems and takes independent action, seeks out new responsibilities, acts on opportunities, generates new ideas, practices self-development.
Sense of Urgency
Prioritizes well, shows energy, reacts to opportunities, instills urgency in others, meets deadlines.

Skill Requirements:
  • Bachelor’s degree in accounting, finance, or a related field.
  • CPA, CMA, or equivalent certification preferred.
  • Minimum of 3-5 years of accounting experience, preferably in a manufacturing plant environment.
  • Knowledge of GAAP, cost accounting principles, and financial analysis techniques.
  • Proficiency in accounting software and ERP systems (e.g., JD Edwards, Oracle, SAP).
  • Excellent analytical, problem-solving, and organizational skills.
  • Strong attention to detail and accuracy.
  • Effective communication and interpersonal skills.
  • Ability to work independently and as part of a team.
Physical Demands:
Long periods of sitting
Some domestic travel may be required

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