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Global Cost Accounting Manager

1 month ago

Yuma, United States Gowan Company Full time

Responsible for providing financial oversight and strategic planning guidance for manufacturing assets and controlling oversight over supply chain activities globally. With a dotted-line reporting relationship to the Global Manufacturing Director, this role ensures strong adherence to the Global Supply Chain Finance control environment, with a particular focus on visibility into product costing, and fulfilling both internal and shareholder reporting requirements. Additionally, this position involves continuous monitoring and analysis of financial performance, identification of cost-saving opportunities, and implementation of best practices in financial management to support the company's strategic objectives.

Duties and Responsibilities:

Act as a Business Partner and Strategic Thought Partner:

Collaborate closely with the Global Manufacturing Director to drive strategic initiatives. Partner with Sourcing, Regulatory, Commercial & Manufacturing Teams:

Coordinate capital planning processes and manage project-level approval governance. Facilitate Strategic Investment Trade-off Discussions:

Focus on manufacturing assets and serve as the process owner for critical production metrics. Manage the Cost Accounting Group:

Drive continuous improvement and standardization within the cost accounting function. Supervise Standard Cost Elements:

Ensure all standard cost elements, including bill of materials, production routings, labor, and overhead, are logically determined. Oversee Annual Cost Roll:

Conducted at fiscal year-end by the cost accounting team, ensure inventory valuation is accurately booked in the system. Assess Standard Costs:

Ensure all discrepancies between standard and actual costs are adjusted as needed and determine when standard costs require adjustments, implementing necessary changes. Oversee Annual Inventory Physical Count:

Ensure the accurate execution and reporting of the annual inventory physical count. Report on Slow-Moving Inventory:

Supervise the reporting of slow-moving inventory and its financial impact. Maintain Integrity of General Ledger Accounts:

Oversee account reconciliations related to cost and inventory to ensure general ledger accuracy. Review Financial Information for External Auditors:

Provide necessary financial information and schedules to external auditors during the annual financial audit. Ensure a Strong Control Environment:

Control and track the resolution of all control deficiencies and audit comments. Lead and Coordinate Audit Activities Related to Inventories and COGS:

Ensure a smooth and efficient audit process by preparing audit schedules, liaising with auditors, and addressing inquiries. Define Costing System Methodology:

Set up costing systems for existing and new entities to ensure consistency and accuracy. Conduct Financial Analysis related to COGS:

Provide in-depth financial analysis to support strategic decisions and operational efficiency. Develop and Implement Cost Control Strategies:

Formulate strategies to control and reduce costs while maintaining quality and efficiency. Collaborate on Budgeting and Forecasting:

Work with various departments to develop accurate budgets and forecasts that align with strategic goals. Train and Mentor Team Members:

Provide guidance and professional development opportunities to the cost accounting team to build expertise and promote career growth. Monitor Industry Trends:

Stay updated on industry trends and regulatory changes to ensure compliance and strategic alignment. Required Qualifications and Skills:

Bachelor’s degree in Accounting or Finance Master’s degree (Accountancy or MBA) and/or CPA preferred Proven experience in accounting practices. Proven Experience in Manufacturing Cost Accounting (Standard Cost preferred). Knowledge of Generally Accepted Accounting Principles (GAAP). Experienced with Microsoft Office programs, especially Microsoft Excel. Familiar with electronic accounting systems, preferably JD Edwards Enterprise One. Accuracy and attention to detail Problem-solving, conflict management, and decision-making skills. Self-motivated, flexible, team player Tenacity and willingness to investigate and resolve discrepancies Excellent communication and interpersonal skills Working Conditions and Physical Requirements:

Must be able to work in an office environment at a desk for extended periods of time using a computer. Light filing. Occasional travel may be required. Occasional overtime may be required.

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