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Manufacturing Accountant

2 months ago

Melville New York, United States Leviton Manufacturing Full time

About Leviton Manufacturing:

At Leviton Manufacturing, we build innovative solutions to light, power, and connect everyday spaces, from electrical to lighting, to data networks, and energy management.

With over 115 years of history, Leviton Manufacturing develops thoughtful solutions that help make its customers' lives easier, safer, more efficient, and more productive.

We recognize that our people are our greatest asset. We ask questions, embrace challenges, seek new perspectives, and anticipate what comes next. It's about each person bringing skills and passion to a challenging and constantly changing world.

Job Summary:

This position is responsible for the accurate reporting of company's on-hand inventory, including inventory control and analysis of all inventory and manufacturing variances on a global basis.

The position will be involved in the annual manufacturing and material budget and cost development, reviewing, analyzing, managing, and controlling material and material overhead/burden costs, labor, and overhead rates, and overall standard costs.

The successful candidate will provide appropriate insights and recommendations, work on the annual standard cost freeze process, and participate in special projects as necessary.

Key Responsibilities:

  • Ensure the accuracy of the Company's inventory records and safeguard all inventory assets.
  • Analyze on-hand inventory levels by plant and business unit, review excess and obsolete inventory, analyze inventory-related variances, and support business units with their inventory management.
  • Ensure proper reporting of inventory and manufacturing variances by business unit globally.
  • Assist in the planning, coordination, development, review, and analysis of all manufacturing budgets, prepared based on the approved sales forecast.
  • Work with representatives of Corporate personnel and all manufacturing plants worldwide.
  • Assist in the planning, coordination, development, review, and analysis of all labor/resource and overhead studies and rates, ensuring they result in the full absorption of the approved manufacturing budget amounts.
  • Develop, review, and analyze material costs and material burden rates/amounts in coordination with annual profit plan targets and presentation dates.
  • Review and ensure accuracy of the Company's frozen costs, including facilitation of the annual freeze process.
  • Analyze and review manufacturing freight and material burden, as well as their related absorption, and financial implications.
  • Review and analyze all product cost changes and projected margins resulting from the new material costs and labor and overhead rates, along with their related approved manufacturing budgets.

Requirements:

  • Knowledge of manufacturing budget and overhead rate development in a standard cost environment is desired.
  • Experience in working with Oracle ERP & Hyperion Financial System is preferred.
  • Ability to work independently and exercise proper judgment.
  • Strong analytical skills.
  • Strong skills in both oral and written communication.
  • Ability to summarize and present information and findings clearly and concisely.
  • Strong Excel or other spreadsheet skills.

Education & Experience:

  • Bachelor's Degree in Accounting or Finance.
  • 3 years' experience in Manufacturing is preferred.

Travel:

Required travel is not extensive, and will normally be limited to 5-10%.

What We Offer:

Comprehensive benefits include:

  • Medical, dental, and vision insurance programs.
  • 401K plans with employer-matching contributions.
  • Tuition reimbursement.

PTO, Paid holidays, Volunteer time off.

Leviton Manufacturing is an EEO/AA Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.

Salary Range:

$65,000.00 - $75,000.00 per year.