Sr. Cost Accountant
2 weeks ago
Collaboration drives Nordson's success as a market leader in Industrial Precision Solutions and Advanced Technology. Our employees thrive in an environment where we help each other reach our personal best and enable our company to continuously improve and grow, and our customers to succeed. You will find Nordson employees sharing our success by giving back in the communities around the world where we live and work.
The Sr. Cost Accountant maintains accurate, timely and complete financial records for all financial transactions from supplier to customer using effective and efficient systems for each line of business. Responsible for accounting, financial reporting, and maintaining adequate internal controls to ensure compliance with financial policies. This role provides financial support to business decision making, and sound, innovative planning in managing the plant's financial affairs to maximize long-term profits. Responsible for appraising results in terms of costs, budgets, policies of operations, trends and driving increased profit opportunities.
Essential Job Duties and Responsibilities
- Work in partnership with Manufacturing, Engineering, Purchasing and Logistics organizations to ensure sound internal controls in these operations.
- Provide effective financial advice to Manufacturing, Engineering, Purchasing and Logistics organizations.
- Work closely with these organizations to help deliver their business objectives by driving the high leverage financial opportunities, such as increased capacity utilization, material cost savings, streamlined logistics, product/process cost optimization, working capital reduction, capital effectiveness and restructuring/sourcing projects.
- Provide financial analysis to all aspects of these organizations including but not limited to gross margin analysis, labor, and overhead cost analysis.
- Oversee the annual manufacturing budgets and forecasts for short- and long-range operating objectives, organizational structure, and staffing requirements for manufacturing teams.
- Review cost standards, including maintaining periodic cost rolls and annual updates. Ensure the use of consistent methodology and provide key factors driving change.
- Analyze actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs; review manufacturing variances (PPV, POV) and manufacturing absorption analysis reports.
- Prepare various journal entries, review month-end balance sheets, ensure monthly assessments and settlements are accurate and timely, review cut-off procedures, and run and reconcile OneStream reports.
- Model capital investments used in our manufacturing locations for costs and savings. Track and report on results.
- Assumes other special activities and responsibilities as required.
Education and Experience Requirements
- Requires a bachelor's degree in Accounting or Finance and 5 or more years of experience in a manufacturing environment.
- Must be proficient in Word, PowerPoint, Excel and have solid knowledge of US GAAP.
- Experience with ERP system required, SAP preferred.
- Must understand standard cost accounting, internal control concepts and practices.
- CPA and/or CMA is desired.
Preferred Skills and Abilities
- Should have strong planning and analysis skill with experience in product cost forecasting, budgeting, and planning.
- Ability to effectively present information and respond to questions from peers, managers, and customers.
- Strong initiative, leadership, thinking, and problem solving, financial analysis and communication skills
Working Conditions and Physical Demands
Office environment. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
The employee is regularly required to sit; use hands to finger, handle, or feel; and talk or hear, occasionally required to stand, walk, and reach with hands and arms; requires close vision ability. Noise level is usually moderate, cubicle environment.
Travel Required
None
Minimal
Estimated _5 %
Nordson Corporation provides equal employment opportunity to all applicants and employees. No person is to be discriminated against in any aspect of the employment relationship due to race, religion, color, sex, age, national origin, ancestry, disability, sexual orientation, gender identity, genetic information, citizenship status, marital status, pregnancy, veteran status or any other status protected by applicable federal, state, or local law. All employment offers are contingent upon successful completion of our pre-employment drug screening and background/criminal check, consistent with applicable laws.Third party recruiters and agencies should not contact employees of Nordson or its subsidiaries directly. Any resumes sent to a hiring manager or submitted to Nordson employees are considered unsolicited and property of Nordson. Nordson will not pay a placement fee unless the agency or recruiter has a signed contract with Nordson's Human Resources department in advance of submitting a candidate for consideration. Verbal and written approvals will not be considered a valid contract for service.-
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