Plant Accounting Cost Analyst - Schaumburg, United States - Tekni-Plex
Description
Overview:
The plant Accounting/Cost analyst is responsible for executing the Company's financial plans and policies, its accounting practices, the maintenance of its fiscal records, and the preparation of financial reports.
Position Responsibilities:
- Development of new product standard costs and updating existing costs as required under GAAP and senior management.
- Assist Plant Controller in product costing methodologies, including labor and overhead rates, and assure they are accurate and applied on a consistent basis.
- Responsible for the preparation of manufacturing variances on a weekly basis, assisting the controller, plant manager and supervisors in providing additional support when needed.
- Inventory roll forward and inventory reconciliations monthly, provide support to manufacturing.
- Prepare reporting for inventory write off, assist in SLOB reporting and review.
- Provide reports, analysis and system support of the cycle count inventory process.
- Provide onsite support and review of the annual physical inventory for the plant and work with outside auditors during yearend audit.
- Accounting function backup in various areas of department.
- Execute the monthend and yearend closing process. Must adhere scheduled timeline to meet monthly and annual deadlines. Enter Manual Journal entries, prepare various analysis and reconciliations.
- Identify Cost Savings Opportunities associated with plant operations.
Qualifications, Education and/or Experience:
- Bachelor's Degree in Accounting required.
- 5 or more years of handson cost accounting / cost analytical experience in a manufacturing environment, which includes variance calculations, PPV and LCM analysis and Inventory reconciliations.
- Strong knowledge of GAAP and cost accounting.
- Must possess excellent organizational, communication and presentation skill sets.
- Ability to excel in a small group that works very closely together
- Must have high proficiency in Excel capabilities, knowledge of Word & PowerPoint, and integrated accountings system.
We offer a full complement of valuable Health, Wellness, and Welfare benefits which include:
- PTO & 8 Company Holidays
- Medical, Dental, and Vision.
- Life and Disability.
- 401(k) and Match with no Vesting Period.
- Wellness Program including EAP.
- Pay for Performance philosophy.
- Medical benefits are effective on the first day of the month after being hired
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