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Senior Cost Accountant - Park Forest, United States - Penn Foster Inc
Description
IMI plc
IMI plc is at the forefront of delivering motion and fluid control technologies that create a more sustainable world, improving the quality of life for our customers and communities and ultimately delivering our purpose of Breakthrough Engineering for a Better World.
:
Automation and Life Technology , each is focused on collaborating with our customers to develop innovative solutions that solve their challenges and push the boundaries in our industry.
Our one big team work fairly and effectively but most importantly together to ensure we maintain the foundations that have enabled IMI's success through its 150-year heritage.
Our University Park facility is a major site within both the North American business and the global Automation platform.It joined the Group following the BIMBA acquisition and produces a wide range of products for multiple end markets with constant investments in infrastructure and process to drive future performance even further.
Role OverviewThe
Senior Cost Accountant
will be an important development role within the Finance function.
Reporting to the site Finance Director, the role will be central to the completion and reporting of financial and business reporting, developing ad-hoc analysis and performing financial analysis to drive improvement in performance.
The role will require monitoring and application of cost accounting principals to ensure manufacturing activity remains well controlled, efficient and opportunities to improve are identified and communicated.
Additionally, the role is central to the site's FP&A analysis; delivering key reporting, identifying trends, challenging the business and supporting high quality forecasts.
Work Location:
University Park, IL
Key Responsibilities
Analyzes
actual manufacturing costs compared to standard costs
to ensure accuracy of standards and provide insight on any over/under absorption.
Be
responsible for obsolete inventory reporting , analysis and management overrides.
Business partner with our Supply Chain team
to understand current purchase price variances and trends to make necessary updates to standard costs. Additionally, work with Supply Chain to co-ordinate and
control inventory counts ; with the aim of removing our annual count and embedding a perpetual counting process.
Scrap Reporting -
Partner with Quality Assurance
(QA) to help identify, understand and reduce scrap.
Support the site Finance Director with regular
FP&A reporting and analysis,
identifying trends in performanceto drive performance and improve future forecasts.
Provides management with reports specifying and comparing factors affecting
prices and profitability
of products or services.
Be able to identify a new business need and support development of the required information and reporting
Deputise for the site Finance Director
as required.
Ad-hoc analysis and projects as required.
Critical Competencies for Success
Bachelor's degree in Accounting or related field, CPA or CMA is preferred.
3+ years in a Cost Accounting manufacturing environment.
Demonstrated financial acumen delivering forecasting, variance analysis and data interpretation of results.
Ability to problem solve and work with ambiguity to resolve issues.
Excellent business communication skills in English, but Spanish would be an advantage, albeit not critical.
Previous experience of Oracle would be an advantage, but not essential.
Collaborative team player who will embrace IMI's One Big Team ethos.
What IMI can offer you:
At IMI, one of our top priorities is to create an inclusive culture of health.
We strive to remove barriers to care (whether that be physical or financial) and in doing so, we offer choice for all your health and wellbeing needs.
See below for a general overview of our amazing perks and benefits:Multiple health plans
to choose from:
HMO, PPO, and High Deductible Health Plans with a low-cost share
Full suite of
voluntary
benefits to tap into, including but not limited to:
Pet insurance, critical illness insurance, concierge services, legal insurance, commuter benefits (if applicable), and home & auto insurance.
Employer contribution for Health Savings Account, and in many cases
free
virtual telemedicine, and teletherapy.
Best-in-class 401K plan with
zero vesting
and up to
6% contribution matching .
Mental Health and wellness programs to support
you
and
your family.
Short & long-term disability as well as basic life insurance at 2x your basic salary at
no cost
to the employee.
Free financial advisors, webinars, and classes through Charles Schwab.
Annual Employee
Stock Purchase Plan
with option to purchase IMI shares at a reduced employee only price - no opportunity to lose, only to profit or refund your investment 100%
Hybrid working pattern is available for this role
The physical demands described within the Key Duties & Responsibilities section of this job description are required to perform the essential functions of this position.
Health, Safety and Environmental Duties – At IMI we are all personally committed to protecting our people, minimizing our impact to the environment, the communities we operate in and our company.
All members of our workforce have the duty to ensure the health, safety and welfare of themselves, others, and the environment.
Every employee is expected to follow all HSE operating procedures, also to challenge any observed behaviors or unsafe acts.Code of Ethics:
IMI requires the highest standard of ethics in all business dealings, particularly with customers, suppliers, advisors, employees, and the authorities.
In accordance with the IMI Way:
Our Code of Responsible Business.
Changes to This Job Description:
IMI may amend this job description in whole or part at any time.
IMI is an equal opportunity employer.
Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status.
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