What are the responsibilities and job description for the COST ACCOUNTANT position at Ramar Foods International?
Position Available: COST ACCOUNTANT
Company: Ramar Foods International
Hours: Flexible Schedule
Setting: Remote work available/flexible schedule
Pay: 95K yearly, salary commensurate with experience
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About Ramar Foods
At Ramar Foods, we nourish our community while celebrating a family food legacy. Our community are our employees, customers, partners and the geographic communities we do business in. We just celebrated our 50 year anniversary last year of manufacturing and distribution of authentic, high quality Filipino Frozen foods through North America and around the world. With offices in Southern California, Northern California and Hawaii we offer our products to the retail, supermarket and food service markets.
Why we’re looking to hire this role.
This is a Seasonal/Temporary role with a projected 3-6 month assignment, may be extended. This role would report to the Controller in the Finance Department and work closely with the Finance Team members supporting the Team’s goals and initiatives.
PURPOSE
Provides cost and inventory accounting, variance analysis; including analysis of purchase price, labor and manufacturing overhead variances, as well as gross margin analysis in an effective and efficient manner to ensure reduction in company’s cost and improve its profitability.
SCOPE
The Cost Accountant will work very closely with the Controller to develop and improve costing, prepare return on investment calculations for new business ventures, develop monthly and annual budget, maintain variance analysis, and provide recommendations for improvement to existing policies and procedures as it relates to costing.
RESPONSIBILITIES
- Plans, studies and collects data to determine costs of business activity, such as raw material purchases, inventory, and labor.
- Analyze changes in product design, raw material, manufacturing methods, or services provided, to determine effects on costs.
- Analyzes actual manufacturing costs and prepares periodic reports comparing expected costs to actual production costs.
- Provides management with reports specifying and comparing factors affecting prices and profitability of products and services.
- Coordinates and directs the preparation of the budget and financial forecasts, institutes and maintains other planning and control procedures, this includes projections and controls for revenues, expenses, capital expenditures and headcount.
- Maintains the Property, Plant and Equipment ledger. Calculates and prepares depreciation entries
- Provide recommendations for continuous improvement of project reporting and management.
- Performs account reconciliations and assists in preparing income statements, balance sheets, and other internal and external financial reporting
- Interpret monthly and other reports as to actual versus budget, ROI, and other metrics for division management.
- Identify cost reduction opportunities.
- Produce cost on new products.
- Overhead calculations and absorption analysis. Calculating/applying labor and overhead rates and providing in-depth analysis of variances.
- Prepares, analyzes and reports weekly, monthly and quarterly gross margin analysis
- Works on special projects as required by senior management
- Assists in month end general ledger close and prepares journal entries
- Periodical review, analysis & reporting of cost variances
Many often take a job to survive. At Ramar Foods we seek team members who aren’t interested in surviving, but rather thriving. This isn’t to say that there won’t be challenges in this role, but a commitment to growth of self, a desire to create impact for hundreds of thousands of others, a strong connection to purpose, and a desire to make long term change to the workplace experience for generations to come is critical.
Values
At Ramar, as a family owned business, our values include Making It the Best, Treat Everyone Like Family and be Ramarkable through perseverance, collaboration, humility and continuous improvement. We value creativity, strong work-ethic, abundance, growth of our team members, and work/life blend. We believe that leaders should be kind and invest in their people. Our team practices confident vulnerability, meaning we are equally confident about our strengths and our weaknesses. We communicate directly and transparently with each other, and while we hold each other to high standards of production, we always put people before numbers. The owners of the company are the Quesada family. Primo and Evageline Quesada retired in 2012 and continue their involvement in the Hawaii office. Susie Quesada is President, PJ Quesada is Vice President and Gabe Quesada is Marketing Manager.
Warren is the Controller. He is a process oriented and data-driven decision maker. He supports continuous improvement initiatives and likes to have in-depth discussions on how to make things better. He holds data accuracy, value added insights, collaboration and timeliness as musts for this role.
Requirements:QUALIFICATIONS/EXPERIENCE/SKILLS
- Previous experience in a manufacturing environment
- 2-3 years of cost accounting experience
- Knowledge of generally accepted accounting principles
- Intermediate knowledge of Manufacturing ERP system (Syspro or SAP)
- Must possess ability to analyze information and plan actions for improvement
- Must demonstrate attention to detail and high level of accuracy
- Must be able to cope up with stress as working under deadlines and targets
- Computer skills (expert at use of Excel database functions e.g., lookups, pivot tables, what if functions, etc.)
- Effective communications skills
- Able to meet deadlines and prioritize tasks
- Be honest and trustworthy
- Be respectful
- Perseverance
- Collaboration
- Humility