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Senior Cost Accountant
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Job DescriptionThe Sr. Staff / Cost Accountant is responsible for the overall accuracy of inventory valuation and Cost of Goods Sold within their area of responsibility. As a key member of the Supply Chain Finance team, this position will serve as a Business Finance Partner to Manufacturing, Materials, Engineering and Product Creation. In addition to Supply Chain Partnerships, this position will also interface with Corporate Accounting to ensure financial and business processes and controls are performing as designed.This position requires employees to be on-site at our Red Wing, MN facility Monday through Thursday and will be remote on Fridays. PRIMARY RESPONSIBILITIES:Lead standard cost activities to support the Annual Cost Roll, New Product Costing and Engineering Change Request (ECR) changes. Prepare accurate product costs based on Bill of material (BOM) structure as needed.Partner with Product Creation and Manufacturing (if applicable) to streamline and improve the costing process, including RFP Development, to ensure timely completion.Perform complex reconciliations, research and root cause analysis of transaction differences and errors in a timely manner through data mining, detail analysis and research. Prepare and process correcting journal entries to ensure all inventory / financial transactions are properly recorded.Perform daily and month end close activities including variance analysis and financial review. Prepare timely, complete and accurate balance sheet reconciliations and ensure compliance with accounting policies and US GAAP.Support the Month-end close timelines and communicate issues. Report actual results and communicate key business metrics while providing insightful variance analysis to various Stakeholders.Lead the verification and reconciliation analysis related to annual Physical Inventories.Actively participate on Lean Project Teams; review process flows and present collaborative improvement recommendations while also developing tracking mechanisms to ensure Accountability.Assist with the annual financial audit, ensuring audit support schedules are prepared and deliverables are provided timely.Partner with Manufacturing leaders to drive productivity while assisting, and in some cases leading, with the tracking and analysis of specific Productivity Metrics across several MFG Facilities (ex. Efficiency).Participate and/or lead cross-functionally within manufacturing, distribution, retail and other finance departments on projects to streamline processes and improve internal controls and compliance. Partner to understand business initiatives and their respective impact to accounting and controls.Assist with special projects and accounting research as needed.Support business performance management initiatives.Assist in the preparation of the annual budget, monthly / quarterly forecasts by providing supporting information for areas of responsibility.QualificationsBachelor’s degree (B.A./B.S.) required, preferably in finance, accounting or a related field from an accredited College or University Must have 5-7 years’ related experience, training, or equivalent combination of education and experience within accounting or finance which primarily consists of onsite / in-plant Operations supportExemplify the desire to proactively work in an up-tempo Manufacturing environment with proven and practical experience in developing effective partnerships cross-functionally spanning several business areasCost Accounting, general ledger, inventory valuation and systems experience and understanding of Supply Chain Operations is requiredCPA or CMA and public accounting experience preferredEstablished record of process improvement methodologies that result in organizational efficienciesStrong analytical and problem-solving skills.Strong initiative to explore alternatives, recommend improvements, and implement recommendations.Team oriented player REQUIRED KNOWLEDGE AND EXPERIENCE:Strong knowledge of US GAAP, Accounting practices and internal controlsSupply Chain Operations experience preferredAdvanced knowledge of Microsoft Excel and the ability to extract, analyze and process information. Basic knowledge in Word and Outlook as well as the ability to optimize business technology tools to improve business processesExperience with accounting and financial reporting systems, such as ERP systems and inventory transaction platforms is preferredDemonstrated analytical, quantitative, and problem-solving skills and the ability to adapt to changing organizational needsLEAN thinking, nimble to drive change that enables efficiencies and drives growthExcellent oral, written, communication and organizational skills. Active listening skills are equally importantThe ability to multi-task, learn quickly, meet deadlines, adapt to a fast-paced working environment, work collaboratively with all departments and management levels, and most importantly, the ability to work well in a teamAbility to learn and use multiple systems and applications and manage multiple priorities Additional InformationRed Wing Shoes is an Equal Opportunity Employer.Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. Individuals with disabilities needing assistance in completing an application may contact rwsc.recruitment@redwingshoes.com or call 651-388-8211.Please view Equal Employment Opportunity Posters provided by OFCCP at https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htmAll offers of employment are contingent on satisfactory results of a background check.Red Wing Shoe Company, Inc. is a drug-free workplace.Red Wing Shoe Company will not be using recruitment agencies or firms to fill this position and we will not accept unsolicited resumes or candidate information. No agency calls please. The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
