The Cost Accountant Supervisor plays a pivotal role in overseeing and managing the cost accounting functions within the organization. This position is responsible for leading a team of cost accountants to ensure accurate and timely cost analysis, financial reporting, and budgeting processes. The Cost Accountant Supervisor collaborates with cross-functional teams to analyze cost data, identify cost-saving opportunities, and drive operational efficiency. Additionally, this role involves developing and implementing cost accounting policies, procedures, and controls to support strategic decision-making and financial planning. The Cost Accountant Supervisor serves as a key resource for senior management in providing insights and recommendations to optimize cost structures and enhance profitability.
Essential Functions:
-Perform month end close activities related to Cost Accounting
– Journal entries, variance analysis, reconciliations, calculating metrics, and ad hoc reporting.
-Support of cost accounting activities include managing inventory across multiple warehouses, managing standard costing and the PPV/Revaluation processes including development and recommendation of process changes to support a scaling/standardized organization.
-Analyze costs of raw materials and other supplies and create cost-benefit analyses for changing vendors.
-Analyze changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.
-Analyze actual production costs and prepares periodic reports comparing standard costs to actual production costs.
-Reconcile perpetual inventory to GL
– Ensure that inventory counts are taking place and are accurate; investigate in conjunction with Operation’s group any variances that appear.
-Conduct inventory reserve analysis on a monthly basis and generate reports for the supply chain team. Maintain E&O and aging reports and assist in developing inventory management process recommendations.
-Establish standard costs and update them as appropriate
– Set up new raw material, packaging, WIP, and FG items; create and maintain production BOMs; labor models; maintain periodic cost rolls/updates.
-Maintain and improve processes and controls associated with manufacturing costs and inventory valuation.
-Ensure validity and accuracy of MRP through analysis and coordination with inventory control, production and job order processing.
-Represent Finance/Accounting on teams designed to improve operations, reduce costs, etc.
-Demonstrated financial acumen and/or analytical experience delivering forecasting, budgeting, and variance analysis, and data interpretation of results.
-Ad hoc analyses and projects, as needed.
-Proactively monitor critical trend reports and manage Key Performance Indicators (KPI’s) On-time In Full delivery, manufacturing variances, continuous improvement initiatives and purchase price variances. Perform root cause analysis utilizing existing data, formalizing continuous improvement through creation and rollout of SOPs.
-Provide reporting such as product costing for new programs impact analysis, root cause analysis, and performance reporting to support recommendations.
– Practice and abide by all Good Manufacturing Practices (GMPs) and Standard Operating Procedures (SOPs)
Qualifications:
-Bachelor’s Degree in Accounting/Finance/Economics.
-Advanced Degree or accounting, finance or supply chain certification a plus
-Heavy experience of cost accounting within manufacturing environment, preferably food production industry
-Advanced level of excel
-ERP experience (Oracle) preferred but not required
Barcel USA takes pride in our people-centric culture – We Value the Person is our Core Belief. In addition to competitive pay and comprehensive benefits, we are committed to providing a safe and inclusive work environment that appreciates all dimensions of diversity, promotes personal and professional development opportunities and allows our associates to be their authentic selves.
Barcel USA LLC is an equal opportunity employer with a policy that provides equal employment opportunity for applicants and employees regardless of race, color, religion, disability, gender, age, national origin, sexual orientation, gender identity, marital status, pregnancy, veteran status, or any other classification protected by law. This policy applies to all aspects of employment, including recruitment, hiring, promotion, compensation, reassignment, layoff, discharge, education, training, and all other working conditions.