Financial Operations and Cost Management Lead
2 months ago
Position Title: Accounting and Cost Control Manager
Department: Finance
Reports To: Enterprise Controller
Employment Type: Full-time, Monday to Friday
Classification: Exempt Employee
Compensation: Salary with Benefits; includes an Incentive pay structure
Team Leadership: Directly supervise a team of four
Position SummaryThe Accounting and Cost Control Manager is integral to managing the financial dimensions of manufacturing operations. This role necessitates a robust comprehension of manufacturing workflows, cost accounting methodologies, and the capability to convert financial data into strategic insights for informed business decisions. Responsibilities include precise job costing, routine inventory assessments, budgeting, and production cost evaluations. This position collaborates closely with the production team to uphold critical financial metrics and provides guidance to the accounting staff.
Key Responsibilities- Monitor and evaluate discrepancies between actual and standard costs utilizing ERP and job costing systems.
- Work alongside various departments to enhance cost control strategies and refine existing processes.
- Examine production expenses and generate comprehensive cost reports.
- Supervise BHR rates in partnership with the Production department.
- Develop and oversee budgets and forecasts for manufacturing activities in conjunction with the Operations team.
- Assist in formulating entity-level budgets and conduct monthly cost center review meetings.
- Manage inventory assessments and the cycle counting process.
- Provide mentorship and direction to the accounting team.
- Ensure adherence to GAAP and other applicable accounting standards.
- Review monthly financial statements and reports for management's consideration.
- Identify avenues for cost reduction and process enhancement.
- Perform additional responsibilities as assigned.
To excel in this role, candidates must demonstrate proficiency in each essential duty. The qualifications outlined are indicative of the knowledge, skills, and abilities required. Reasonable accommodations may be provided to enable individuals with disabilities to fulfill essential functions.
- Bachelor's degree in Accounting or Finance.
- Experience in Cost Accounting.
- Familiarity with LabelTraxx and/or Radius is preferred.
- Master's degree is advantageous.
- Previous supervisory experience is required.
- Strong understanding of transaction flows within an integrated system.
- Exceptional problem-solving abilities and a keen attention to detail.
- Proficient in Microsoft Word, Excel, and Office Suite.
- Excellent time management capabilities.
- Professional demeanor, adaptable, capable of working independently, and a positive team contributor.
- Willingness to learn new technologies.
- Proficient typing skills.
Dot It is an Equal Opportunity Employer. Our policy is clear: there will be no discrimination on the basis of age, disability, sex, race, religion or belief, gender reassignment, marriage/civil partnership, pregnancy/maternity, or sexual orientation.
We are committed to fostering an inclusive environment and actively promote equal opportunities for all individuals with the right blend of talent, skills, and potential. We welcome applications from a diverse range of candidates. Selection for roles will be based solely on individual merit.
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