What are the responsibilities and job description for the Cost Accounting Manager position at Verdesian Brand?
Verdesian is seeking an individual to fill the role of Cost Accounting Manager in the corporate office in Cary, North Carolina. Individual should already reside in this area.
This position is responsible for overseeing global cost accounting to include inventory management and analysis, standard cost reviews and maintenance, Annual Operating Plan (AOP) and forecast preparation, cost and inventory reporting, plant and toller metrics and performance analysis, month-end close, reconciliation of balance sheet accounts, and review or preparation of general journal entries throughout the month to maintain balances according to GAAP. This role works under the guidance of Finance, preparing and reporting plant and/or other operational financial reports conforming to GAAP requirements. This role also assumes many other duties as assigned as needed.
Essential Responsibilities:
- Support of the day-to-day cost accounting functions of the organization.
- Oversee month-end close process and preparation of general ledger account analysis relative to inventory and cost of goods.
- Review cost-related account balances.
- Assist in various operations related analysis including but not limited to production KPI’s, COGS analysis, margin analysis, capacity utilization, etc.
- Monitor the company’s inventory, including cycle and physical counts, tracking, and valuation.
- Oversee and post all relevant general journal entries including month-end accruals and capitalized costs.
- Prepare supporting schedules and projections for AOP and forecasts.
- Identify and recommend cost-effective solutions to improve financial performance.
- Assist with the preparation of audit reports and inquiries.
- Oversee cost accounting staff. Support Director, Finance Operations in operational, control, and reporting needs relative to fixed asset transactions.
- Design, oversee, and maintain reporting files to support the Plant Managers, CMO, CFO, and other Leadership Team reporting requirements.
- Complete special projects as assigned to support finance organization.
- Verify that transactions comply with financial policies and procedures.
- Assessing current accounting operations and month end close process, offering recommendations for improvement and new processes to accelerate overall close timeline while maintaining accuracy.
- Protects organization's value by keeping information confidential.
- Other duties as assigned
Criteria:
- High level of proficiency with MS Office (Word, Excel, PowerPoint, Outlook)
- Proficiency with PowerBI
- Oracle experience preferred
- Proficiency in cost accounting systems, reporting, and analysis
- Strong attention to details
- Ability to manage multiple activities and prioritize independently
- Self-motivated with a focus on process improvements
- A keen customer service mentality
- Must be an outstanding communicator, and have established skills in accuracy, organization, and working in a high-volume environment
Verdesian Life Sciences is an equal opportunity employer to all, regardless of age, ancestry, color, disability, military or veteran status, national origin, political affiliation, race, religious creed, sex, and sexual orientation.
