What are the responsibilities and job description for the Cost Accounting Senior Analyst position at Del Monte Foods?
Company and Position Information :
Del Monte Foods (DMFC) is a multi-national food company headquartered in Walnut Creek, CA, with a powerful portfolio of brands, including iconic Del Monte, Contadina and College Inn. Our premium-quality meal ingredients, snacks and beverages can be found in six out of ten U.S. households.
At Del Monte Foods, we believe in supporting one another. In helping our people shape their own careers - in letting them grow outward, upward and across disciplines. We are tending to the greater good, providing accessible, nourishing, great-tasting food for all. We are Del Monte Foods - Growers of Good.
The salary range for this role is :
27.04 - $44.60
Responsibilities :
Under the direct supervision of the Cost Accounting Manager, the Cost Accounting Senior Analyst position is responsible for managing and maintaining the cost accounting processes in accordance with established corporate accounting procedures and policies, including Bill of Material (BOM) management, settling and closing process orders, working with production team and reporting out on line performances and line losses, as well as working with the Operations, Warehouse, and / or DC team on inventory reconciliations. This position is also responsible for
maintaining standard cost systems for manufacturing operation, providing general ledger analysis, operations / financial analysis, Capital and Fixed Asset Management including royalties and maintenance expenses. This position also serves as the primary verification sources for Del Monte controls required to ensure compliance with Sarbanes-Oxley (SOX).
Costing - Actual and Planning :
- Work with Operations team to develop crewing and line rate target for development of standard labor cost target and alignment of operational key performance indicators (KPIs) to financial Plan.
- Master Data Management - update standard cost in Bill of Material (BOM).
- Review standard cost and actual costs for inaccuracies.
- Monitor and report on KPIs related to production costs, such as scrap rates / line losses, crewing / labor efficiency, material usage / yield. Fixed and Variable costs. Analyze and investigate root causes and propose corrective actions.
- Provide financial insights to support operational decision-making by providing Costing reports for plant management detailing production costs, reasons for variances, and key trends influencing plant performance.
- Analyze data to identify areas for cost reduction and process improvement by working closely with production teams to understand manufacturing processes and identify potential cost savings opportunities (and escalate possible risks, if any).
- Support preparation of Modesto plant financial forecasts - Monthly, Quarterly and Annual Budget for production costs, labor costs, and overhead expenses. Ensure alignment with Supply and Production plans (MRP / S&OP) and market trends.
Inventory Management :
Audit / Compliance / Ad Hoc :
Capital, Fixed Assets and Leases :
Del Monte Foods Key Behaviors :
GET OUR HANDS DIRTY
Dig in and understand the business.
Stay focused on priorities and drive for results.
Pursue goals with purpose and persevere through challenges.
CULTIVATE SOLUTIONS
Improve processes, products and services.
Take calculated risks to develop effective solutions.
Use data and insights to drive business performance.
GROW SUCCESS TOGETHER
Create an inclusive environment where everyone feels valued.
Collaborate and promote teamwork to achieve individual and shared goals.
Hold ourselves and others accountable for commitments.
Qualifications :
WE OFFER : Competitive salary.
Comprehensive benefits package including Medical, Dental, Vision, and 401(k).
Please be advised that your application is not complete until you fill out, sign, and submit an Application for Employment for a specific position for which Del Monte Foods is actively recruiting. Your application must reflect that you possess the required qualifications for the position.
No sponsorship is available for this position.
No agencies or 3rd party vendors.
Salary : $27 - $45
