Cost Accountant

Cost AccountantThe position is responsible for developing and monitoring plant costs and operational metrics. Maintains SKU level cost standards in SAP. Prepare root cause variance analysis of actual to standard for materials and labor. The cost accountant is responsible for managing the month end cost rolls, participating in the month end close process as well as interpretation of operational reporting, monitoring of actual results, forecasting, planning and analysis.

The role also assists with developing the annual plant budget, capital spending proposals and new product costing.

The role resides at the plant level to assist plant and business unit managers in the aforementioned metrics.Duties may include, but are not limited to the following:Plant expert regarding the cost accounting system, upholding internal controls over financial reporting.Develop standard costs, update and create new Bill of Materials and Routings within SAP.Reconcile FT and temp employee labor hours between SAP and payroll system on a weekly basisPrepare monthly journal entries for inventory related adjustmentsAssist production management with assessment of "continuous improvement" projects and processes. Measure and report progress toward planned goals.Analyzes manufacturing costs and prepares reporting comparing standard to actual production costs.Work with Plant leadership team in preparation of pricing quotations for the Sales and Marketing teams, as needed for new projects or engineering revisions.Maintain integrity between SAP and cost cards.Prepare financial analysis of new product performance against pricing assumptionsAssist in the preparation of Annual Operating Budget for the plantPreparation and review of production metrics on a daily, weekly and periodic basis.Analyze and monitor production line capacity, utilization and performance.Responsible for creating SAP RoutingsAssist with preparation of analysis of capital expense projects, continuous monitoring of spending against CAPEX and ROI assessment.Responsible for reconciling customer owned inventory, tracking usages and understanding Usage drivers.Monitor both the frozen and current standards within the system, ensuring the current routing data matches playbooks.Assist with month end reporting, understanding overall plant financial performance against budget, participating in cost savings initiatives and project savings calculations.Assist with the month end closing process, WIP reporting, bill on production reconciliation, journal entries and variance to standard reporting.Track and prepare special billing opportunities, including material and labor costsProvide disposition costs into the QN process.Position provides multi-site supportSpecific Reporting Requirements:Weekly labor reportingWeekly material usage reportsWeekly KPI reportingMonthly KPI statisticsMonthly Lbs. reportingMonthly WIP reportingMonthly Variance by Customer reportingRequired Competencies & Knowledge:Knowledge of:Procurement, manufactured products, and production processesAccounting and finance principlesSAPCost Accounting or Manufacturing accounting experienceSkilled in:Proficiency in Excel, Word, and PowerPoint.Strong analytical and interpersonal skills.Ability to effectively interface with plant and corporate office personnel.Strong oral communication skills required.Must be able to effectively work as part of a team in a fast-paced environment and handle multiple assignments simultaneouslyAbility to:Communicate effectively both verbally and in writing.Successfully multi-taskEnsure collaborative relationships with industry, trade, other associations, regulatory agencies and Hearthside staff.Lead 'best in class' behaviors with focus on safety, quality, and policy focusProficiency in MS Office Suite and SAPWork Environment:Work is primarily done in an office setting at supported plant(s)Infrequent production environment exposure which includes noise, dust, moving machinery, fork lifts, and fluctuations in temperature.10% of time will be spent on the production floor so GMP's must be followedPhysical Requirements:Sitting at a work station for extended periods of timeStand, walk, climb stairs on an infrequent basisMust be able to lift 20 pounds on an infrequent basis.Minimum Qualifications:Bachelor's Degree is required.Minimum of three years' experience with Manufacturing/Cost Accounting in an industrial sector, preferably high-volume manufacturing. Would prefer food or pharma industryMaker's Pride is an Equal Opportunity Employer.