Financial/Cost Analyst

2 weeks ago


Faribault, Minnesota, United States Faribault Foods Full time
Job Summary

This is a key position within the accounting team at Faribault Foods, responsible for ensuring the integrity, accuracy, and timeliness of cost accounting data. The successful candidate will apply accounting and financial principles to analyze data, identify trends, and communicate insights to stakeholders.

Key Responsibilities
  • Cost Accounting Support: Collaborate with the Cost Accounting Manager to develop and implement cost accounting programs, ensuring overall costs are understood and clearly communicated within the organization.
  • Financial Reporting: Partner with the Cost Accounting Manager to lead the month-end close process, prepare and distribute financial reports, and provide timely and accurate financial information to stakeholders.
  • Transaction Data Compilation: Responsible for compiling and analyzing transactional data, identifying trends, and recommending improvements to optimize business performance.
  • Co-Pack Pricing and Contract Compliance: Provide support for Co-Pack pricing and contract compliance, ensuring adherence to company policies and procedures.
  • Inventory Control and Cycle Count Programs: Assist in the administration and oversight of cycle count programs and inventory control, ensuring accurate and up-to-date inventory records.
  • Profitability Matrix Creation and Analysis: Assist in the creation and analysis of profitability matrices, enabling customer-level performance analysis and informed business decisions.
  • Supply Chain Collaboration: Work closely with the Supply Chain group to monitor raw material costs and their impact on overall product costing.
  • Annual Financial Audit Support: Serve as a key point of contact and play a proactive role in the timely and accurate completion of annual financial audit documents and responses.
  • Process Documentation and Special Projects: Identify, capture, and document departmental processes and workflows, and participate in special projects, analysis, data interpretation, and forecasting.
  • SAP ERP System Interface: Interface with the SAP ERP system in support of business operations.
Requirements
  • Education: Bachelor's degree in Accounting, Finance, or a related field.
  • Experience: 3-5 years of financial analysis or cost accounting experience, preferably in a manufacturing environment.
  • Skills: Strong written and oral communication skills, proficiency with ERP and Microsoft Office applications, high integrity when dealing with confidential information, and attention to detail.

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