JOB DUTIES
Duties may include, but are not limited to the following:
• Ensures all plant operational performance andfinancial accounting/reporting needs are met to enable the plant to meet their budgeted financial goals and objectives.
• Provides strong leadership and direction to the local plant management team to ensure sound financial and operational decisions.
• Responsible for managing the month end closing activities, including variance analysis and monthly reconciliation of plant balances. Ensures accruals/reserves are sufficient and review of spend for correctness and appropriateness of classification.
• Lead the forecasting process and annual budget process for the plant, including preparation of the financial manufacturing budget, product standard costs, and variance analysis against forecast and plan.
• Assist plant management team with capital planning, including calculating and evaluating financial payback on all capital expenditure proposals.
• Ensure the accuracy and integrity of the plants accounting systems and records, as well as strict compliance to US GAAP Accounting Standards and accounting policies/ procedures for the company.
• Develop standard costs, update and create new Bill of Materials and Routings within SAP.
• Analyze and reconcile monthly inventories both at plant and 3rd party warehouses. Ensure the accuracy of physical inventories and reported results.
• Participate in annual audit requirements as necessary.
• Provide finance leadership and development to the local plant team, in addition to continuous improvement initiatives at the plant level.
• Instill strong cost control, planning, and forecasting discipline to assist senior plant management and department heads in controlling manufacturing costs.
• Implement financial policies/procedures as communicated by Corporate. Develop local policies/procedures in support of and consistent with Corporate set policies.
• Other tasks as assigned.
REQUIRED KNOWLEDGE & COMPETENCIES
Knowledge of:
• Financial modeling, cost accounting, budgeting, and forecasting.
• Fundamental knowledge of, understanding of internal and external research methods for, and driving compliance of GAAP.
• Procurement and production processes.
• Manufacturing environment, preferably food.
Skill in:
• Leadership and financial acumen
• Continuous improvement
• Strong analytical and interpersonal skills
• Strong oral communication skills
• Experience providing insightful analysis and financial advice to business partners in response to business need or opportunity
• Ability to deal with ambiguity, change and a dynamic business environment
Ability to:
• Read, analyze and interpret company policies, general business periodicals, professional journals, technical procedures or government regulations.
• Demonstrate strategic planning for results, analytical thinking and technical/functional expertise.
• Define problems, collect data, establish facts and draw valid conclusions.
• Effectively present information and respond to questions from groups of managers at the plant and corporate level.
• Lead, modeling the organization’s culture and values, providing guidance and direction, influencing and developing others while maintaining integrity, blending people into teams when needed, and fostering open dialogue.
• Manage change, accepting the challenges involved in transitioning the organization.
• Successfully multi-task, and communicate effectively both verbally and in writing.
• Ensure collaborative relationships with industry, trade, other associations, regulatory agencies and Hearthside staff.
Proficiency in:
• Microsoft Office (Word, PowerPoint, Outlook, Access)
• Microsoft Excel (advanced skills)
• QuickBooks
MINIMUM QUALIFICATIONS
• Bachelor Degree in Accounting/Finance.
• Minimum of five years’ experience in Cost/Managerial accounting in an industrial sector, preferably high-volume manufacturing.
• Experience with financial modeling.
• Ability to identifying areas for continuous improvement and/or cost reductions and making recommendations for enhancement.