Director, Cost Accounting
5 days ago
**The Role**:
The Director of Cost Accounting will perform multiple financial, analytical, and control tasks to support centralized cost accounting processes as a member of the Finance Team. This role will partner closely with teams across the organization including Manufacturing, Supply Chain, Inventory Management, Co-pack, and FP&A to ensure consistent and standardized cost accounting processes across the network as well as provide insightful cost analysis to support strategic business decisions. Responsibilities include planning, studying, and collecting data to determine costs of business activity such as raw material purchases, inventory, and labor. You must possess strong business acumen with the ability to effectively address both financial and operational challenges.
**Responsibilities**:
- Manage the monthly, quarterly, and annual financial close process for costing and inventory modules, to ensure accuracy of transactions, journal entries, account analysis, and reconciliations, processes, and procedures documentation, as applicable.
- Lead and/or participate on cross-functional teams to ensure the continuous, on-going improvement of processes, methods, productivity, and quality, while reducing costs
- Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
- Generate accurate and timely inventory and costing reports to support continuous improvement initiatives in the operations team.
- Serve as an expert on cost accounting and inventory accounting issues and related standard processes and procedures.
- Ensures that inventory is properly valued on the balance sheet including the establishment of required reserves.
- Interact with internal and external auditors, providing various analysis and audit schedules to ensure compliance with internal control procedures.
- Proactively find solutions and create best practices for the cost accounting function.
- Prepare ad-hoc reports, perform research on cost accounting questions, and contribute to special projects, as needed.
**Qualifications**:
- Bachelor's degree in accounting, Finance, or related field
- CPA, CMA or MBA preferred
- 8+ years of cost accounting experience
- Strong technical accounting skills in GAAP and public company reporting requirements
- Highly motivated, self-directed, innovative, and able to work independently or among teams with keen judgement, common sense, and resourcefulness.
- Adaptive problem solver who effectively navigates change and ambiguity; decides and acts without having the picture totally defined; appropriately changes strategy in response to new information
- Operates with a high level of professionalism and integrity, including dealing with confidential information
- Must understand and comply with the rules, regulations, policies, and procedures of GTI
**Additional Requirements**:
- Must pass any and all required background checks
- Must be and remain compliant with all legal or company regulations for working in the industry
- Must be a minimum of 21 years of age
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