What are the responsibilities and job description for the Sr. Cost Accountant Analyst position at Titan America?
Overview
Sr. Cost Accounting Analyst
Titan America, LLC, is a leading environmentally and socially progressive heavy building materials company located in the eastern United States. Titan America is part of the TITAN Group, an independent, multi-regional producer of cement and other related building materials. Our products include cement, aggregate, ready-mixed concrete and fly ash beneficiation. TITAN Group has a record of continuous growth since its establishment in 1902. It has expanded its production and distribution operations into 13 countries, employing more than 5,500 people. Our products protect human life and personal property, improve the quality of life, generate economic prosperity and connect society.
Titan America, LLC has an immediate opening for a Sr. Cost Accounting Analyst for our Pennsuco Plant in Medley, FL. This exempt position is assigned to the Accounting Department and will report to the Plant Controller. The Sr. Cost Accounting Analyst plays a crucial role in overseeing cost accounting functions to ensure compliance with financial regulations, particularly those required for public reporting (e.g., SEC, SOX compliance). This role involves analyzing and controlling costs, preparing detailed financial reports, and providing strategic insights to support executive decision-making. The ideal candidate will bring strong analytical skills, public company reporting experience, and a commitment to maintaining the highest financial and operational standards.
Responsibilities
1. Cost Accounting Oversight:
o Maintain accurate standard and activity-based costing systems.o Conduct cost analysis to determine profitability by product line, customer, or division.o Monitor and report on cost variances and their underlying drivers (e.g., material, labor, and overhead).
2. Inventory Valuation and Controls:
o Ensure accurate valuation of inventory, including raw materials, WIP, and finished goods, following IFRS and public company reporting requirements.o Collaborate with operations to establish inventory levels, reduce waste, and streamline production processes.o Oversee cycle counts and physical inventory processes to maintain accurate records.
3. Financial Reporting and Compliance:
o Prepare detailed cost analysis reports for management and external stakeholders.o Support the preparation of quarterly and annual financial statements, ensuring compliance with SEC regulations.o Collaborate with auditors during internal and external audits, including Sarbanes-Oxley (SOX) compliance reviews.
4. Budgeting and Forecasting:
o Assist in the development and monitoring of budgets and forecasts related to production costs and overhead.o Provide actionable insights and recommendations to achieve financial objectives.
5. Process Optimization:
o Identify and implement improvements to cost accounting processes and reporting.o Drive cost-saving initiatives across production, supply chain, and procurement teams.o Leverage ERP systems and automation tools to enhance data accuracy and efficiency.
6. Team Leadership:
o Lead and mentor a team of cost accounting professionals, providing guidance, training, and professional development.o Foster a culture of collaboration and accountability within the finance and operations teams.
Qualifications
Required Qualifications:
• Education:
Bachelor’s degree in Accounting, Finance, or related field (CPA, CMA, or MBA strongly preferred).
• Experience:o 8 years of cost accounting experience, preferably in a manufacturing or industrial setting.o Experience with public company reporting and compliance (SEC and SOX).
• Technical Skills:o Proficiency in ERP systems (e.g., SAP, Oracle, or Microsoft Dynamics).o Advanced Excel skills and familiarity with financial reporting tools (e.g., Hyperion, OneStream).o In-depth knowledge of GAAP, SEC regulations, and SOX compliance requirements.
• Soft Skills:o Strong analytical and problem-solving abilities.o Excellent communication skills to present financial data to non-financial stakeholders.o High attention to detail and ability to manage multiple priorities under tight deadlines.
Preferred Qualifications:• Experience with integrated ERP system implementations or upgrades.• Knowledge of IFRS in addition to GAAP.• Experience working in a multi-national company with cross-border operations.
This role requires the ability to manage complex financial systems and collaborate across departments. The Cost Accounting Analyst will interface regularly with the Director, internal and external auditors, and the leadership team to ensure the company meets its operational and compliance goals.
This role is essential for ensuring accurate cost analysis and operational efficiency, making it a pivotal position within a publicly traded company's finance team.
Success begins with hiring the right people to partner with us as we grow and develop our businesses. People are central to everything we do. It is through their efforts and talents that Titan has been successful for over 100 years. Learn more about us at www.titanamerica.com.
Titan America is committed to providing Equal Employment Opportunity (EEO) to all qualified persons regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a Disabled Veteran, Three‐Year Recently Separated Veteran, Armed Forces Service Medal Veteran, Active Duty Wartime or Campaign Badge Veteran, or other protected status.
