Senior Operations Accountant
1 week ago
JOB SUMMARY
The Senior Accountant Operations plays an integral part in managing and overseeing all aspects of inventory accounting, value-add standard costing, performing product warehouse and manufacturing analysis and establishing and implementing best-in-class financial processes to ensure that transactions are booked timely and accurately. This role requires experience in inventory control, operational inventory, inventory systems and integrations, standard costing, account reconciliations, and reporting for internal management reviews. You must have an aptitude for systems and drive a culture of continuous improvements in the accounting function to improve the effectiveness, efficiency, and overall performance. This role also requires well-developed skills in accounting, business analysis, and process improvement.
JOB RESPONSIBILITIES
- Lead the accounting processes for inventory, ensuring accurate recording, tracking, and reconciliation of all inventory transactions. Maintain alignment between inventory records and physical counts. Partner with Inventory Control team to investigate and resolve inventory discrepancies.
- Monitor and analyze inventory movements, including product sales, inventory purchases, transfers, and adjustments. Monthly inventory reconciliation, including supporting physical inventories, cycle count programs, and slow/ obsolete inventory analysis.
- Liaise between collections team and warehouse operations to ensure prompt follow-up regarding open credit memos to ensure timely disposition of customer disputes.
- Monitor, analyze and report on variances from the warehouse and production process, including (temporary and full-time) labor utilization and efficiency, purchase price, material usage, and scrap, and recommend improvements to the process. · Assist in annual Budget preparation and expense management activities.
- Calculate, record and update costing information for use in measuring profitability and ensuring that accurate information is maintained.
- Establish and maintain internal controls to safeguard company assets, ensure compliance with accounting standards, and prevent fraud.
- Represent Finance / Accounting to support continuous improvement activities designed to improve operations, reduce costs, price products appropriately, etc.
- Provide local financial support and review for any site related expenditure; to include Capital expense requisition preparation and facility operating expense management. Liaise with auditors during the external audit process and provide necessary documentation and explanations.
- Provide support to finance management and other internal customers as needs arise, including customer credit research, returns processing oversite, ad-hoc financial analysis and special projects.
- Assists in the development and monitoring of company-wide accounting policies and procedures.
- All other duties as assigned.
REQUIRED SKILLS FOR SUCCESS
- Minimum of 5 years of experience in general/cost accounting, standard cost, and manufacturing finance operations.
- A Bachelor's degree in Accounting, Finance or related field is required.
- Self-Starter with the ability to develop strategic initiatives and drive results.
- Must be a pro-active communicator, and comfortable interacting with all levels of management.
- Demonstrated ability to influence broad organization directions and the attainment of objectives.
- Strong interpersonal and leadership skillset that is effective at all levels of the organization.
- Ability to manage multiple projects, timelines, and relationships in a global organization.
- Effectively leverages functional and cross-functional resources to solve problems, improve processes and meet objectives.
- Effectively drives and manages change, challenges the status quo and champions new and innovative ideas.
- Strong Microsoft Excel and Word skills are required. Financial modelling and analytical techniques a plus.
- General knowledge of/familiarity with Generally Accepted Accounting Principles (GAAP).
Protective Industrial Products (PIP) is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
This policy applies to all employment practices within our organization. PIP makes hiring decisions based solely on qualifications, merit, and business needs at the time. For more information, you may request access to our EEO policy.
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