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Cost Accounting Manager

2 months ago

Minneapolis, Minnesota, United States Nordson Corporation Full time
About the Role

Nordson Corporation is seeking a highly skilled Cost Accounting Manager to join our team. As a key member of our financial management team, you will be responsible for providing strategic support and guidance to our operational teams.

Key Responsibilities
  • Oversee the financial management and coordination of operational results, assessing business trends and providing strategic support.
  • Manage the reporting of manufacturing key performance indicators, including metric board report-outs.
  • Create and provide monthly presentations to management on manufacturing results.
  • Model capital investments used in our plants and labs for costs and savings, track and report on results.
  • Prepare monthly reports, monthly forecasts, budget, and annual operating plan, and cycle counting and strategic planning.
  • Oversee annual manufacturing budgets and forecasts for short- and long-range operating objectives, organizational structure, and staffing requirements for manufacturing and engineering operating teams.
  • Analyze and accurately report current month's financial results to the plant, sales, and regional management in accordance with required format and time requirements.
  • Manage the annual standard cost revaluation process, perform audits to ensure product costs are accurate and accounted for properly.
  • Responsible for ensuring that the organization is focused on costing strategies.
  • Oversee reporting, planning, and forecasting of Indirect Cost of Sales.
  • Oversee reporting, planning, and financial analysis of Inventory & DSI.
  • Assure proper accounting, internal controls, and account accuracy for all inventories within area of responsibility, working closely with the team to determine required entries and/or accruals.
  • Assist with monitoring of cycle counting activities and administration of required physical inventories. Assist with administration of periodic review of inventory for obsolescence, including identification of candidates, cross-functional review, and disposition.
  • Provide direction, leadership, and supervision to the team in the performance of duties, establishing work priorities, building capabilities, and in achieving management objectives.
  • Assume other special activities and responsibilities as required.
Requirements
  • Bachelor's degree in Finance/Accounting required. MBA, CPA, CMA desirable.
  • Affiliations with successful global manufacturing companies. Experience with Standard Costing practices.
  • A minimum of five (5) years of experience ideally gained through providing decision support for growth initiatives, strategic planning, and capital investments within a global manufacturing operation.
  • A minimum of five (5) years of experience analyzing past results, performing variance analysis, identifying trends, and making recommendations for improvements to senior management.
  • A minimum of two (2) years of experience in managing or supporting product costing activities within a global manufacturing operation.
  • Strong analytical and data gathering skills, with a high proficiency in financial modeling techniques.
  • Strong time management skills are necessary with the ability to manage multiple priorities.
  • Demonstrated ability to lead people and get results through others.
  • Comfort dealing with ambiguity and the ability to work independently.
  • Microsoft Office experience preferred, including advanced Excel, Word, and PowerPoint.
  • Working knowledge of manual and automated accounting systems and demonstrated ability to manage systems applications.
  • Experience with SAP preferred.
  • Experience with managing a small team preferred but not required.
Preferred Skills and Abilities
  • High energy level, comfortable performing multifaceted projects in conjunction with normal activities.
  • Strong quantitative and analytical competency.
  • Ability to streamline functions and passion to learn and grow.
  • Well-organized.
  • Participative work style - advocate team concept.
  • Excellent communication and presentation skills; be comfortable interacting with executive-level management.
  • Ability to work in a fast-paced environment with competing priorities, ability to multi-task.
  • Detailed oriented, self-starter with excellent interpersonal communication and problem-solving skills.