Manufacturing Cost Controller

1 day ago

Macon, Georgia, United States Nichiha Full time
Job Title: Plant Controller

At Nichiha, we are seeking a highly skilled Plant Controller to join our team. As a key member of our accounting department, you will be responsible for directly supporting our manufacturing leaders and process through tracking, reporting, and identifying opportunities to control and reduce manufacturing costs.

Key Responsibilities:
  • Perform cost accounting processes to set, update, and maintain standard costs for each product by analyzing initial and impact of fluctuations in raw material, labor, and overhead costs.
  • Support pricing strategies with cost versus pricing analysis.
  • Regularly analyze the difference between planned versus actual costs, identify the causes of variances, and recommend improvements.
  • Develop and propose strategies to optimize manufacturing efficiency and raw material usage.
  • Establish control processes to calculate and account for work in process and optimizing costs through inventory management.
  • Ensure controls are in place for material and parts inventory management.
  • Oversee accuracy of Bill of Materials to reflect changes in manufacturing process and recommend ways to optimize BOMs and reduce manufacturing costs.
  • Monitor budgets and actual costs for capital and specific projects and product lines.
  • Ensure containment practices are in place to prevent cost overruns for designated projects.
  • Monitor the result and effectiveness of cost reduction projects.
  • Perform manufacturing cost forecasting based on business plans and contribute to annual budgeting.
  • Ensure budget compliance and minimize risk of budget overruns.
  • Provide data and analysis for monthly, quarterly, and annual financial reports.
  • Ensure compliance with accounting standards and strengthen internal controls.
  • Provide necessary information and documentation for internal or external audits.
  • Identify financial risks in the manufacturing process and develop strategies to mitigate them.
  • Monitor cash flows associated with manufacturing and ensure efficient use of funds.
  • Ensure compliance with tax regulation, contribute to tax planning, and assist with formulation and implementation of tax strategies.
Requirements:
  • Bachelor's degree in Accounting, Finance, or related field; CPA or CMA certification preferred.
  • Minimum of seven years of progressive finance experience, with at least three years in a manufacturing environment.
  • Strong understanding of manufacturing accounting principles, cost accounting concepts, and inventory management.
  • Proficiency in financial planning and analysis, budgeting, forecasting, and financial reporting.
  • Excellent analytical skills, with the ability to interpret complex financial data and provide actionable insights.
  • Advanced Excel skills and experience with ERP systems.
  • Strong leadership and communication skills, with the ability to influence and collaborate effectively at all levels of the organization.

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