Senior Financial Analyst

7 days ago


Le Mars, Iowa, United States Soap Creek Resources Full time
About the Role

We are seeking a highly skilled Cost Accounting Manager to join our team at Soap Creek Resources. As a key member of our accounting department, you will be responsible for overseeing plant inventory, supporting corporate accounting operations, and ensuring inventory accuracy.

Key Responsibilities
  • Inventory Valuations and Reserve Calculations: Perform accurate and timely inventory valuations and reserve calculations to ensure compliance with company policies and regulatory requirements.
  • Standard Cost Setting: Collaborate with Operations and Purchasing to set standard costs and ensure accurate costing for inventory and production.
  • Resin-Related Rebates and Credits: Calculate and process resin-related rebates and credits, and provide monthly usage analysis to support business decisions.
  • Cost-Volume-Profit Analysis: Execute cost-volume-profit analysis to identify areas for cost reduction and process improvement.
  • Inventory and Account Reconciliations: Perform inventory and related account reconciliations to ensure accuracy and compliance.
  • Process and Policy Recommendations: Recommend process and policy changes to reduce costs and maximize profits, and implement changes as approved.
  • Capitalized Variance Calculation: Take ownership of the capitalized variance calculation and intercompany margin elimination.
  • Physical Inventory Process: Manage the annual physical inventory process and develop a cycle count process to ensure accuracy and compliance.
  • Reporting and Analysis: Report summaries of physical inventory adjustments, and conduct pricing and margin reviews and analyses to support business decisions.
  • Inventory Transactions: Monitor inventory transactions for errors in unit of measure, costing, and transaction type, and resolve issues promptly.
  • Business Acquisitions and System Integrations: Assist with business acquisitions and system integrations related to standard costs, bill of materials, and routings.
  • Purchase Price Variance: Review Purchase Price Variance (PPV) and collaborate with other departments to resolve inventory valuation and purchase price issues.
  • Month-End Close Duties: Perform month-end close duties, including calculating accruals, and overhead burden rate, entering journal entries, and reconciling general ledger accounts.
  • Gross Margin Reporting: Develop gross margin reporting to identify item costing deficiencies and establish processes to maintain accurate inventory valuation for active items and new business acquisitions.
  • Financial Audit and Compliance: Assist with annual financial audit and interim audit procedures, and ensure compliance with applicable laws, regulations, and company policies.
  • Internal Controls: Implement and monitor internal controls, including evaluating, recommending, and maintaining appropriate controls.
  • System Enhancements and Integration: Participate in system enhancements and integration efforts across the organization.
  • Financial Data Reporting: Respond to inquiries and provide financial data reporting and ad hoc reporting as needed.
  • Compliance and Confidentiality: Support compliance by maintaining the privacy and confidentiality of information, protecting organizational assets, and adhering to applicable laws, regulations, and company policies.


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