Supv, Accounting

2 weeks ago


Northbrook, United States CF Industries Holdings, Inc. Full time

Location: Northbrook, Illinois- Business Area: Finance & Accounting- Schedule: Full Time- At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. Our employees are focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management. _By joining CF, you will be part of a team that brings their varied experiences, wide-ranging knowledge and diverse talents together to deliver important work and you’ll be able to pursue complex, exciting opportunities that help you continue to grow and achieve your potential in different areas. You’ll take pride in working for a company that lives its values and where you can be yourself at work, as part of an authentic team that encourages you to share your views and opinions._ Our eight manufacturing complexes in the United States, Canada, and the United Kingdom, an unparalleled storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world’s transition to clean energy._

Function:
Finance & AccountingJob Summary:
The incumbent will supervise, review, and coordinate activities of the Cost Accounting Department, including training and developing staff personnel in order to maintain a high level of work efficiency, competency and flexibility.**Job Description**:
Cost Accounting
- Coordinates and reviews journal entries and analyses
- Coordinates and reviews Corporate product costing, product cost analyses, Distribution Facilties’ Thruput, Accruals and other exhibits included in the monthly Costing Package
- Coordinates and reviews the Sales/Cost Ton reconciliation and all terminal inventory reconciliations.
- Coordinates and reviews the preparation and issuance of various management reports including Scorecard, Miscellaneous Expense, LCM, Consolidated Inventory Report, Shrink Reserve, Natural Gas Variances, Purchased Finished Goods.
- Participates in updating material standards.
- Maintains compliance over SOX and other internal controls.
- Coordinates and reviews analytical analysis of freight in and out expense.
- Review departmental balance sheet account analysis.

Other Responsibilities
- Coordinates and reviews special projects, providing assistance where necessary
- Coordinates quarterly and year-end audit closing schedules and monitors progress Initiates, researches and documents improvements to current methods and procedures
- Promotes greater analyses skills across the finance team
- With approval, investigates and implements process changes to promote internal controls to efficiently process department transactions and other responsibilities

Matrix Responsibilities
- Provide leadership, guidance, coaching, and process oversight for cost accounting
- Provides direction to individuals regarding their role and responsibilities to help meet the overall Company objectives, along with the role the department has in fulfilling corporate goals
- Empower and promotes the proper level of responsibility and authority for others to learn, grow into new responsibilities and make the proper decisions to obtain the overall department objectives
- Oversees training needs to ensure understanding and resulting compliance with GAAP.
- Promotes the corporate controller’s group by developing strong relationships between department members and other CF departments through a high degree of communication across management
- Promotes the matrix organizational structure with direct reports and encourages cross involvement between people and groups

Successful incumbents will have:

- Bachelor’s degree with major in Accounting or equivalent
- CPA preferred
- Five or more years of progressive accounting experience, supervisory and cost accounting experience preferred
- Strong interpersonal, communication and administrative skills
- Ability to deal effectively with a wide range of individuals throughout the organization
- Must be proficient in PC use in a Windows environment, with a working knowledge of Excel, and Word

Position Scope/Contribution:
The Cost Accounting Department is responsible for providing accurate and timely information on operating costs, including measuring the value of inventory each month and verifying cost of sales. Cost Accounting makes comparisons of actual and anticipated results and provides explanations for unusual variations. The Supervisor is responsible for ensuring that Cost Accounting performs these functions with accuracy and efficiency.

Internal Controls

Establishes and implements processes and procedures to meet departmental internal controls requirements.

Ensures that established processes/procedures are followed as designed.

Works with Internal Controls Department to identify deficiencies in existing processes/procedures, the need for new ones, and the extent to which such processes/procedures are being followed.

Dev