Plant Cost Accountant

Company / Location Information

We are one of the world’s leading manufacturers of water heating and water treatment technologies in the world. We are a $3.5 billion company with 140+ years history and we employ more than 12,000 individuals globally who pride themselves on providing the world with innovative water technology. We are committed to Continuous Improvement, not just in our factories or processes, but in our people.

Primary Function

The Plant Accountant for our McBee, SC location oversees the cost accounting, inventory accounting, and month end closing functions of the accounting department in a timely manner while directly performing financial functions and analysis related to bill of materials and routings. The plant accountant supports the financial reporting process, forecasting and budgeting and review, analyze and interpret results of operations. The plant accountant is a key position to examine, analyze and interpret production variances for manufacturing including material, labor, and overhead variances.

Responsibilities

• Examine, analyze and interpret production variances for manufacturing and financial management including material, labor, and overhead variances.
• Manages and controls annual standard cost roll, including analysis of material and freight costs, bill of materials, routings, labor and overhead rates.
• Assist in preparation of monthly forecast, including purchase price variance, material usage variance, steel usage variance, ECN variance, scrap, earned variable and fixed burden, and inventory.
• Assist in preparation of annual budget, including purchase price variance, material usage variance, steel usage variance, ECN variance, scrap, earned variable and fixed burden, and inventory.
• Review and perform analysis on labor reporting and cost, materials cost, manufacturing overhead, and inventory levels.
• Controls the inventory turns activities and presents results reports monthly.
• Provide analysis for cost reduction initiatives.
• Analyze internal controls to ensure assets are adequately safeguarded and results are accurately reported and documented according to SOX 404 requirements.
• Work closely with the external and internal audit groups to ensure timely completion of the compliance and substantive testing as required.
• Support strategic plant and company initiatives and special projects.

Qualifications

• B.S. in Accounting or Business Administration; MBA preferred
• 5-10 years of accounting experience in a manufacturing environment
• Experience calculating overhead rates and analyzing and interrupting labor and material production variances.
• CPA or CMA highly preferred
• Ability to clearly communicate complex financial information in an easy to understand manner.
• Demonstrated leadership as part of a cross-functional plant management team.
• High level of proficiency in PC spreadsheets and ERP/MRP systems.
• Demonstrated proficiency in GAAP, SOX and other financial compliance standards.
• Prior experience with lean, six sigma, and SAP
• Internal or external audit experience a plus
• Demonstrated understanding of ERP/MRP systems, hardware, and reporting conventions.

We Offer

Competitive compensation package and comprehensive benefits plans which include medical and dental insurance, company-sponsored life insurance, retirement security savings plan, short- and long-term disability programs and tuition assistance.