Production Costing Specialist

7 days ago

Oakland, Iowa, United States OSI Group Full time

We are seeking a highly skilled Production Costing Specialist to join our team at OSI Group.

Job Summary

The successful candidate will be responsible for creating data analysis and tracking tools related to operations, including labor, yields, material usage, and overhead. This role requires strong analytical and communication skills, as well as the ability to work in a fast-paced environment with multiple competing tasks and demands.

Key Responsibilities

  • Maintain weekly, monthly, and quarterly pricing files, uploading information to the ERP system as necessary.
  • Prepare daily and weekly production reports, including profit and loss statements, labor hour analysis, yields, and cost savings progress against plan.
  • Collect data and conduct analysis to develop costing profiles for new products, determining production viability and profitability.
  • Participate in financial and inventory audits, collecting required documentation, performing physical counts, and other activities as directed.
  • Track the flow of inventory through the ERP system, working with manufacturing to ensure cycle counts are accurate and reconciliations of staging areas are complete.
  • Maintain and develop ERP system costing for customer products.
  • Ensure timely and accurate monthly closing, preparing standard month-end journal entries and reviewing all costing runs.
  • Work closely with the corporate ERP system team to validate system data.
  • Participate in the preparation of annual budgets and prepare ongoing monthly and year-to-date budget analysis for management review.
  • Provide budget product cost review/analysis support.
  • Produce various weekly/period/quarterly analysis and variance reports for Plant Management review.
  • Demonstrate Lean thinking and participate in facility problem-solving.
  • Monitor finished goods, reconcile cases discrepancies, and confirm process orders.
  • Assist in the preparation of presentations, reports, and memos using Microsoft Office Suite Products.
  • Review invoices for accuracy, prepare check requests or purchase orders manually or through the financial system as appropriate, obtain approvals, and ensure timely payment.
  • Prepare month-end general accruals and account reconciliations and perform routine accounting tasks that support forecasting, budgeting, and internal control activities.
  • This role has the responsibility to understand and implement appropriate safety procedures, achieved through education, training, use of protective equipment, and following safety policies, regulations, standards, and laws.
  • Perform other duties as assigned.

Requirements

  • 3-5 years of experience in a related field is preferred.
  • Experience with manufacturing cost systems.
  • Auditing in a manufacturing environment is preferred.
  • Excellent proficiency in Microsoft Office Suite Products.
  • Strong analytical and communication skills are required.
  • Excellent interpersonal skills, able to interact and communicate with individuals at all levels of the organization.
  • Proficient knowledge of ERP systems.
  • Proficient knowledge of cost accounting principles.
  • Basic knowledge of financial analysis.
  • Ability to work in a fast-paced environment with demonstrated ability to juggle multiple competing tasks and demands.
  • Excellent verbal and written communication skills.
  • Resourcefulness, business acumen, creative thinking skills, and decision-making ability are essential.
  • Maintenance of confidentiality of personnel and payroll information.

Education

  • Bachelor's degree in Finance or Accounting is preferred.
  • CPA certification is preferred.

Work Environment

Work can be performed within a manufacturing plant environment with noise, extreme temperatures, and significant movement of powered equipment, people, and conveyor. Work conditions are typical of an office & plant environment. This role does not require domestic travel. Position may require physical agility to lift up to 15 pounds, frequent bending, squatting, pushing, pulling, stretching/reaching, use of hands or fingers, talk, hear, feel objects, tools, controls, and standing/walking on concrete flooring. Position may require physical ability to stand/walk for less than 4 hours.

The estimated salary for this position is $85,000 - $110,000 per year, depending on location and experience.

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