Cost Accounting Manager

  • Henry Broch Foods
  • Waukegan, Illinois
  • Jan 13, 2021
Full time Book Keeper and Accountants General Managers and Management Executives

Job Description

No Relocation, No Recruiters Please

Summary: The Controller/Cost Accounting Manager is a critical member of the accounting team and key liaison with the management team. The Cost Accounting Manager helps maintain and control the General Ledger accounts and business transactions of the organization, applying the Generally Accepted Accounting Principles (GAAP) that includes analytical work and thorough review and accuracy of financial records.

DUTIES AND RESPONSIBILITIES:

  1. Will create, establish, maintain and manage a cost accounting system from scratch for the tracking of labor, material and overhead.
  2. Establish costing methods for profitability determination at product and customer level.
  3. Establish and maintain manufacturing costing system and methodology.
  4. Responsible for assisting with the day-to-day, monthly and year-end accounting operations of the Department. Help manage month end closing and general ledger.
  5. Perform financial reviews and analysis.
  6. Critical team member on new ERP implementation (IQMS)
  7. Set up fixed asset reporting and tracking system.
  8. Help create and monitor budget reporting.
  9. Help improve cash flows forecasting system.
  10. Ensure proper accounting and tracking of project work within the maintenance department and Company capital expenditures.
  11. Prepare and analyze the monthly budget/forecast to actual variance reports.
  12. Perform general accounts analysis and reconciliations, including balance sheet and key SGA expense accounts.
  13. Assist in the preparation of financial reports such as financial statements, budget performance, and financial reporting.
  14. Create KPI performance metrics reporting.
  15. Help improve processes in accounting, cost accounting and inventory control.
  16. Ensure the processing and recording of accounting transactions are accurate and in compliance with Company policies and procedures.
  17. Establish factory overhead and labor rates. Create standard cost accounting system.
  18. Provide sales reporting and analysis.
  19. Perform other duties as assigned.

SKILLS & COMPETENCIES:

·Demonstrated knowledge and experience is establishing and maintaining manufacturing costing and accounting. Preferably in a food manufacturing environment required.

·ERP manufacturing implementation experience. IQMS a huge plus.

·Monitor and collect data to assess accuracy and integrity; analyze data; ensure compliance with applicable standards (i.e. GAAP), rules, regulations and systems of internal control; interpret and evaluate results, prepare documentation; create financial reports and/or presentations.

·Strong organizational skills and ability to prioritize workload in order to meet tight deadlines in a fast-paced and dynamic work environment.

·Excellent analytical and problem-solving skills

·Be able to demonstrate attention to details and good-record-keeping

·Proficient in Microsoft Office (Word, Power Point, Excel). Average to advanced Excel skill, data management functions including VLOOKUP, pivot tables and form development.

·Hands-on detail-oriented tasks.

·Team player and can collaborate with other teams in the organization.

·Demonstrate a proficient level of professional skill and/or knowledge in accounting and keep current with developments and trends. Knowledge and ability to use applicable information technology and systems to meet work needs.

·Excellent communication skills, written and verbal, with the ability to clearly communicate issues to all levels of management.

QUALIFICATIONS:

·At least 5 solid years of cost accounting practice in a manufacturing environment required with overall 8-15 years of general and cost accounting experience.

·Demonstrated experience at establishing a manufacturing cost accounting system.

·Food Manufacturing Experience.

·CPA preferred

·CMA preferred

·IQMS experience preferred

EDUCATION:

·Must have a BS degree in Accounting