What are the responsibilities and job description for the Operations Accountant position at Matthews Automation Solutions, LLC?
POSITION SUMMARY
The Operations Accountant focuses on supporting the internal management financial reporting including allocating and analyzing direct and indirect costs, actual versus budgeted cost variance analysis, etc. as well as assisting with monitoring annual revenue / expense budgets for the purpose of controlling funds and measuring operating results.
JOB RESPONSIBILITIES
- Analyze operational balance sheet accounts for adjustment at month end.
- Ensure integrity of operational master data elements in SAP, including cost center and profit center maintenance.
- Perform periodic updates of production standards in SAP.
- Monitor KPIs for operational site(s) overseen.
- Support analysis of profitability of respective operating site(s) and new product launches.
- Ensure proper month-end cutoff procedures and revenue recognition.
- Analyze and collect data to determine costs of business activity such as raw material purchases, inventory, and labor. Study changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs / standards.
- Analyze actual manufacturing costs and prepares periodic reports comparing standard costs to actual production costs.
- Support physical inventories (annual and cycle counts) and coordinates with internal and external auditors.
- Assist with tracking property, plant and equipment to ensure proper valuation, including identification of potential opportunities to dispose / sell.
- Manage capital budgets and expenditures, support the preparation and monitoring of appropriation requests, and track actual cost and performance versus budget.
- Assist site manager(s) with developing and tracking cost reduction plans and implement profit improvement strategies.
- Additional duties as assigned.
QUALIFICATIONS / REQUIREMENTS
LI-RC2
IND123
PHYSICAL ASPECTS / WORK ENVIRONMENT