Senior Cost Accountant

Cost Accountant/Senior Cost Analyst – Austin, MN

Hormel Foods Corporation

To save time applying, Hormel Foods does not offer sponsorship of job applicants for employment-based visas for this position at this time.

About Hormel Foods — Inspired People. Inspired Food.™

Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its brands include Planters®, Skippy®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Wholly®, Hormel® Black Label®, Columbus®, Jennie-O® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report, one of America’s most responsible companies by Newsweek, recognized on Fast Company’s list of the 100 Best Workplaces for Innovators, received a perfect score of 100 on the 2023–24 Corporate Equality Index and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world’s most trusted and iconic brands to tables across the globe. For more information, visit hormelfoods.com.

RESPONSIBILITIES:

This position will be held by an individual with a strong degree of knowledge, understanding, and experience regarding the accounting, purchasing, operations, sales, and marketing functions and processes within the Hormel organization. This position will be focused on inventory processes, policies, and reporting.

• Coordinates, implements, trains, and recommends inventory control policies (SOX and Operational)
• Administers corporate inventory controls, including cycle counting accuracy reviews, compliance, and risk assessments.
• Manages item discontinuation process.
• Completes full absorption and lower of cost or net realizable value calculations.
• Completes monthly, weekly, and quarterly inventory reporting and accounting duties.
• Provide oversight and assistance to accounting related functionality performed by directly managed and indirectly managed staff.
• Serves as the finance liaison for sub-ledger mechanical inventory systems (EAM, POP)
• Key contact for inventory processes for internal and external audits.

QUALIFICATIONS:

Level of position offered (Cost Accountant or Senior Cost Analyst) will be determined based on candidates experience and skill set.

Required

• A bachelor's degree with a major in the field of Accounting or Finance.
• 3 years of accounting or Finance experience.
• General understanding of manufacturing process and inventory controls.
• A pattern of initiative and leadership.
• The ability to analyze data and processes to initiate or recommend necessary changes for improvement.
• Strong problem solving and decision-making skills.
• Highly developed interpersonal skills.
• Excellent organizational, written, and verbal communication skills.
• Must be a Citizen or National of the United States, a lawful, permanent resident, or have authorization to work in the United States.
• Applicants must not now, or in the future, require sponsorship for an employment visa.

Preferred

• Prior manufacturing accounting experience.
• Completion or working towards completion of CMA or CPA certification.
• Prior experience with QAD, SFDC, Order Processing, and Oracle applications.
• Working knowledge of Cloud reporting tools.

LOCATION: Austin, MN

At Hormel Foods, base pay is one part of our total compensation package and is determined within a range. The base hiring pay range for this role is between $80,800-$128,400 per year, and your actual base pay within that range will depend upon a variety of factors including, but not limited to, job-related knowledge, skill set, level of experience, and geographic market location.

Other components of Hormel Foods’ total compensation package includes comprehensive medical, dental and vision coverage, discretionary annual merit increases, bonuses and profit sharing, 401(k) with employer match, stock purchase plan, relocation assistance, paid vacation, FREE two-year community/technical college tuition for children of employees, and more.

For immediate consideration, apply online at: www.hormelfoods.com/careers

At Hormel we invite difference and diversity in all aspects. We offer a space of support, understanding, and community. We are committed to the journey! Learn more about our progress here: https://www.hormelfoods.com/about/diversity-and-inclusion/

Hormel Foods Corporation is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.