Senior Cost Accountant
2 weeks ago
TITLE: Senior Cost Accountant
LOCATION: Westchester, IL
REPORTS TO: Cost Accounting Manager
Primary Function:
Provide financial information to support the cost accounting and product costing functions within the US/Canadian operations. Participate in the month end and year end closing process as required. Provide back-up for the Cost Accounting Manager and assist in other Cost accounting functions.
Key Deliverables/Critical Deliverables
Business
* Product Costing - Maintain and process the material ledger close model for the $2.5B US business and analyze results as they actualize.* Segment Reporting - Ensure costs are allocated accurately across business segments and reporting is accurate for COGS and freight* Master Data - Maintain product cost master data, including BOM and Routings, Cost Centers, Profit Centers, and Cost structure in SAP.* Inventory Reserves - Calculate and maintain inventory reserves in accordance with company policy* Audit Activity - Prepare and provide financial information for internal/external audits, Sarbanes-Oxley testing, and corporate accounting ensuring information is accurate and timely.* Account Reconciliations - Prepare monthly account reconciliations in a timely manner to ensure internal control policies are being followed.* Forecasting/Budgeting - Work with FP&A to prepare cost estimate for each Goal and LE process* Business Analysis - Oversee the preparation and consolidation of both monthly and quarterly variance analysis reports; ensuring reports are completed accurately and on time.* Business Process Procedures - Ensure Business Process Procedures (BPP's) are written and current for all job functions and that they comply with internal control policies.
Agility and Innovation
* Journal Entries - Book journal entries as required and ensure that transactions are recorded accurately and in compliance with applicable standards.* Account Analysis - Perform account analysis, product costing variance analysis, and other projects as requested by manager.* Process Improvement - Conduct process reviews to identify improvements to enhance the quality of Product Costing and financial reporting. Lead the implementation of improvements identified through this process.
Relationships and People
* Develop Relationships - Build and maintain trusted partnerships with Plant Accounting, Supply Chain, Shared Services, and others to ensure business objectives are achieved.* Collaborate with other groups on a regular basis to ensure the integrity of actual cost results, and provide guidance as necessary.
If you have the following qualifications and experience, we want you:
* Bachelor's Degree in Accounting or Finance required.* 4 years of relevant accounting experience.* Experience using SAP modules (CO, FI, MM, SD Preferred) Knowledge of cost accounting structures and cost absorption* Demonstrated ability to understand business processes and articulate business issues as they relate to financial data.* Demonstrated ability to identify issues, develop solutions and make and support decisions to resolve problems and take advantage of opportunities.* Proven verbal and written communication skills with the ability to communicate to various levels within the organization* Proven proficiency in the use of MS Office (i.e., Excel, Word, PowerPoint)* Travel required as necessary
We are seeking a Senior Accountant with the desired behaviors:
* Demonstrates initiative and possesses strong problem solving abilities* Exhibits prioritization and organizational skills with the ability to work within deadlines* Works collaboratively with peers and others* Embraces changes and is open to new ideas and approaches
Ingredion provides accommodations to job applicants with disabilities throughout the hiring process. If a job applicant requires an accommodation during the application process or through the selection process, we will work with the applicant to meet the job applicant's accommodation needs.
#LI-BS1
We are an equal opportunity employer and value diversity at our company. Ingredion seeks to provide a work environment that is free from harassment and discrimination. We will not tolerate any form of discrimination based on race, color, religion, age, gender, gender identity, gender expression, national origin, ancestry, handicap or disability-mental or physical-marital status, sexual orientation, veteran status, disability resulting from military service, or any other classification protected by law ("protected classifications"). We are committed to establishing and maintaining a work environment where everyone is treated with dignity and respect.
Relocation Available:
Yes, Within Country
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