Job Description
Qualifications
Experience: Minimum of 3 years of professional accounting experience, with at least 2 years in a manufacturing environment
Education: Bachelor's degree in Accounting, Finance, from an accredited institution
In-depth understanding of manufacturing accounting, cost analysis, and inventory management
Advanced proficiency in Microsoft Excel and familiarity with ERP systems
Strong analytical and problem-solving skills, with the ability to translate data into actionable insights
Excellent communication skills with the ability to collaborate across multiple departments
Responsibilities
This individual will be pivotal in ensuring accurate cost analysis, financial reporting, and product pricing within a fast-paced manufacturing environment
The role involves working closely with operations to track key performance metrics, manage labor and overhead costs, and maintain inventory accuracy
About the Role - Analyze and resolve discrepancies related to job costing by reviewing daily production and labor data, ensuring timely closure and accuracy of job records
Track labor distribution to manufacturing jobs, verifying timecard entries against production hours to confirm proper allocation
Manage the tracking of raw materials and ingredients to ensure that all inventory adjustments, waste, and spoilage are accurately reported
Develop cost structures for new products, factoring in machine utilization, labor, and material expenses based on batch or production run sizes
Liaise with floor and production managers to assess factors affecting operational efficiency, including scrap rates, downtime, and process improvements
Support the pricing review process by providing cost analysis and contributing to the implementation of price adjustments for existing products
Conduct periodic inventory reconciliations, ensuring accurate physical stock counts and proper inventory valuation
Utilize production data from the company's MES system to create meaningful reports that drive operational decisions
Maintain accurate and up-to-date labor cost standards within the ERP system to ensure consistency in financial reporting
Prepare detailed productivity reports on labor performance, identifying trends and areas for improvement
Provide support to the finance team by assisting with AR, AP, and payroll processing as needed
Help with the month-end closing process, including posting journal entries, conducting reconciliations, and providing support to the Controller
Assist with additional ad-hoc tasks as assigned by the finance team
Analyze and resolve discrepancies related to job costing by reviewing daily production and labor data, ensuring timely closure and accuracy of job records
Track labor distribution to manufacturing jobs, verifying timecard entries against production hours to confirm proper allocation
Manage the tracking of raw materials and ingredients to ensure that all inventory adjustments, waste, and spoilage are accurately reported
Develop cost structures for new products, factoring in machine utilization, labor, and material expenses based on batch or production run sizes
Liaise with floor and production managers to assess factors affecting operational efficiency, including scrap rates, downtime, and process improvements
Support the pricing review process by providing cost analysis and contributing to the implementation of price adjustments for existing products
Conduct periodic inventory reconciliations, ensuring accurate physical stock counts and proper inventory valuation
Utilize production data from the company's MES system to create meaningful reports that drive operational decisions
Maintain accurate and up-to-date labor cost standards within the ERP system to ensure consistency in financial reporting
Prepare detailed productivity reports on labor performance, identifying trends and areas for improvement
Provide support to the finance team by assisting with AR, AP, and payroll processing as needed
Help with the month-end closing process, including posting journal entries, conducting reconciliations, and providing support to the Controller
Assist with additional ad-hoc tasks as assigned by the finance team
Job description
We are seeking a Manufacturing Accountant to join our client's team. This individual will be pivotal in ensuring accurate cost analysis, financial reporting, and product pricing within a fast-paced manufacturing environment. The role involves working closely with operations to track key performance metrics, manage labor and overhead costs, and maintain inventory accuracy.
About the Role - Analyze and resolve discrepancies related to job costing by reviewing daily production and labor data, ensuring timely closure and accuracy of job records. Track labor distribution to manufacturing jobs, verifying timecard entries against production hours to confirm proper allocation. Manage the tracking of raw materials and ingredients to ensure that all inventory adjustments, waste, and spoilage are accurately reported. Develop cost structures for new products, factoring in machine utilization, labor, and material expenses based on batch or production run sizes. Liaise with floor and production managers to assess factors affecting operational efficiency, including scrap rates, downtime, and process improvements. Support the pricing review process by providing cost analysis and contributing to the implementation of price adjustments for existing products. Conduct periodic inventory reconciliations, ensuring accurate physical stock counts and proper inventory valuation. Utilize production data from the company's MES system to create meaningful reports that drive operational decisions. Maintain accurate and up-to-date labor cost standards within the ERP system to ensure consistency in financial reporting. Prepare detailed productivity reports on labor performance, identifying trends and areas for improvement. Provide support to the finance team by assisting with AR, AP, and payroll processing as needed. Help with the month-end closing process, including posting journal entries, conducting reconciliations, and providing support to the Controller. Assist with additional ad-hoc tasks as assigned by the finance team.
Responsibilities
• Analyze and resolve discrepancies related to job costing by reviewing daily production and labor data, ensuring timely closure and accuracy of job records.
• Track labor distribution to manufacturing jobs, verifying timecard entries against production hours to confirm proper allocation.
• Manage the tracking of raw materials and ingredients to ensure that all inventory adjustments, waste, and spoilage are accurately reported.
• Develop cost structures for new products, factoring in machine utilization, labor, and material expenses based on batch or production run sizes.
• Liaise with floor and production managers to assess factors affecting operational efficiency, including scrap rates, downtime, and process improvements.
• Support the pricing review process by providing cost analysis and contributing to the implementation of price adjustments for existing products.
• Conduct periodic inventory reconciliations, ensuring accurate physical stock counts and proper inventory valuation.
• Utilize production data from the company's MES system to create meaningful reports that drive operational decisions.
• Maintain accurate and up-to-date labor cost standards within the ERP system to ensure consistency in financial reporting.
• Prepare detailed productivity reports on labor performance, identifying trends and areas for improvement.
• Provide support to the finance team by assisting with AR, AP, and payroll processing as needed.
• Help with the month-end closing process, including posting journal entries, conducting reconciliations, and providing support to the Controller.
• Assist with additional ad-hoc tasks as assigned by the finance team.
Qualifications
• Experience: Minimum of 3 years of professional accounting experience, with at least 2 years in a manufacturing environment.
• Education: Bachelor's degree in Accounting, Finance, from an accredited institution.
Required Skills
• In-depth understanding of manufacturing accounting, cost analysis, and inventory management.
• Advanced proficiency in Microsoft Excel and familiarity with ERP systems.
• Strong analytical and problem-solving skills, with the ability to translate data into actionable insights.
• Excellent communication skills with the ability to collaborate across multiple departments.
Growth opportunities!
