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Production Financial Manager

2 months ago

Kansas City, Kansas, United States A&K Railroad Materials Inc Full time
Job Overview

A&K Railroad Materials Inc. stands as a premier provider of both new and pre-owned railroad track materials. Our extensive network operates throughout the United States, with a significant manufacturing and distribution hub. Central to our operations is a specialized machine shop and fabrication facility, where we engineer tailored trackwork solutions. Our team is dedicated to enhancing vital railway infrastructure.

POSITION SUMMARY

The Manufacturing Controller is responsible for overseeing all aspects of inventory management and cost accounting. This includes the production budget, tax compliance, work-in-progress oversight, and manufacturing execution functions. The role serves as the key point of contact for inventory matters between the accounting and operations teams, ensuring the accuracy of labor costs and inventory usage. The controller will manage inventory across multiple permanent and temporary locations nationwide and will be tasked with summarizing financial performance and supervising the monthly financial closing process.

KEY RESPONSIBILITIES

  • Supervise and execute month-end inventory close activities.
  • Conduct monthly and quarterly reconciliations of all inventory-related balance sheet accounts.
  • Ensure timely and accurate preparation of financial records in line with company policies and accounting standards.
  • Maintain precise cost accounting for manufactured goods.
  • Refine cost processes related to administration, labor, and logistics.
  • Identify and report cost variances against production budgets to leadership.
  • Direct inventory procedures for both internal and external audits.
  • Oversee regular inventory counting processes.
  • Establish and uphold accounting policies to ensure robust internal controls.
  • Safeguard and optimize company assets, focusing on inventory management.
  • Monitor manufacturing execution activities and their integration with our ERP system to maintain accurate inventory records.
  • Provide detailed reports on production metrics, including material usage and operational efficiency.
  • Address discrepancies in manufacturing execution data and resolve issues promptly.

REQUIRED COMPETENCIES

  • Effective Communication – Articulates information clearly and engages audiences through various media.
  • Financial Insight – Analyzes financial data to identify business strengths and weaknesses, informing strategic decisions.
  • Work Management – Efficiently manages time and resources to complete tasks effectively.
  • Operational Decision-Making – Evaluates information from multiple sources to identify business challenges and make informed decisions.

QUALIFICATIONS

  • Master's degree in Accounting or Finance or active CPA certification required.
  • A minimum of 7 years of accounting experience is essential.
  • At least 5 years of experience in cost accounting is required.
  • Proficiency in accounting software is necessary.
  • A strong understanding of inventory systems and their impact on financial reporting is essential.
  • Experience with Microsoft Dynamics 365 and advanced spreadsheet skills are preferred.

SKILLS AND ABILITIES

  • Ability to collaborate effectively with diverse teams.
  • Capacity to work under tight deadlines and meet production targets.
  • Willingness to engage in cross-functional training and support various departments.
  • Strong problem-solving skills and ability to manage conflicts constructively.
  • Proficient in data analysis and financial reporting.
  • Excellent written and verbal communication skills.
  • Strong project management abilities, with a focus on prioritization and organization.
  • Ability to navigate complex situations and provide practical solutions.
  • Expertise in data analysis to identify trends and develop sustainable business strategies.
  • Proficient in Microsoft Excel and Word.
  • Commitment to adhering to company policies and ethical standards.