drjobs Sr Manager Cost Accounting and Inventory Control

Sr Manager Cost Accounting and Inventory Control

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1 Vacancy
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Job Location drjobs

Duquesne, PA - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

JOB SUMMARY:

The Sr. Manager of Ops Accounting (Cost Accounting & Inventory Control) is responsible for leading the companys cost accounting and inventory control activities ensuring accurate financial reporting budgeting and adherence to internal controls. This role drives inventory valuation cost of goods sold (COGS) analysis cost planning and process compliance while partnering with key stakeholders across operations supply chain and finance. Through effective team leadership the Sr. Manager delivers actionable insights fosters accountability and supports the companys financial and operational objectives.

PRIMARY RESPONSIBILITIES:

Leads ATCs Cost Accounting and Inventory Valuation activities ensuring that the companys cost structure is accurately reflected in financial reports. This includes ensuring timely accurate and complete accounting budgeting and reporting of inventory and cost of goods sold (COGS) for all of ATCs US operations.

Oversees the timely accurate and complete accounting of inventory and COGS for all of ATCs US operations with attention to detail in reconciling discrepancies and implementing corrective actions when necessary.

Manages the monthend closing process related to inventory and COGS collaborating with crossfunctional teams to meet deadlines and ensure accurate financial reporting.

Facilitates adhoc reporting and companywide COGS reviews providing actionable insights to Operations stakeholders and senior management to drive informed decisionmaking and operational improvements.

Continuously evaluates and improves the efficiency and effectiveness of cost accounting and reporting processes aligning them with best practices and industry standards.

Additionally manages the calculation of duties tariffs and establishment of variable and fixed overhead rates to ensure accurate cost allocation and compliance with financial reporting requirements.

Oversees ATCs Inventory Control process ensuring alignment with corporate objectives and regulatory requirements.

Collaborates with the Supervisor of Inventory Control and Operations stakeholders to formalize and implement comprehensive inventory policies and corresponding reporting mechanisms across the organization.

Works with crossfunctional teams to standardize inventory control procedures and reporting driving consistency and accuracy in inventory management practices.

Partners with Operations leadership to ensure that cycle count activities are performed in accordance with ATCs Inventory Control policy addressing discrepancies improving count accuracy and ensuring compliance.

Regularly reviews inventory trends providing insights into inventory levels potential shortages or overages and areas for improvement in efficiency.

Serves as the primary leader for ATCs Cost Accounting and Inventory Control activities fostering strong relationships with key stakeholders such as Operations Manufacturing Supply Chain Management Quality Control FP&A Corporate Accounting and external auditors.

Collaborates with stakeholders to align financial and operational goals ensuring that cost accounting and inventory control activities support overall business objectives.

Engages in proactive communication with senior leadership and operational teams to identify risks opportunities and areas for process improvement.

Supports external auditors during audits by providing necessary documentation and ensuring the accuracy and integrity of financial statements and inventory records.

Leads and mentors a team of Cost Accountants and the Supervisor of Inventory Control fostering a collaborative and highperformance culture.

Builds a sense of ownership and accountability within the team encouraging each member to take responsibility for their scope of work and contribute to the overall success of the department.

Establishes and monitors performance metrics ensuring that team goals align with the broader financial objectives of the organization.

Develops a focus for the team that jointly achieves:

o Timeliness accuracy and completeness in financial transactions ensuring that all entries are supported by proper documentation and meet corporate reporting deadlines.

o Financial Reporting that provides timely and actionable insights for key stakeholders empowering decisionmakers with reliable financial data.

o Full compliance with all relevant processes and control activities ensuring adherence to accounting standards regulatory requirements and internal policies.

o Stakeholder relationships based in a 2way exchange of information:

Relevant Inventory and COGS data are provided to Operations supporting the operational decisionmaking process.

Accurate and timely information is obtained to support the integrity of ATCs financial statements and ensure alignment with financial reporting standards.

Fosters a continuous improvement mindset encouraging the team to identify and implement efficiencies in inventory and cost accounting processes.

Drives continuous improvement in cost accounting and inventory control processes leveraging technology and best practices to enhance efficiency and accuracy.

Ensures compliance with all internal policies external regulations and audit requirements proactively addressing any gaps or risks.

Supports ERP system improvements reporting tools and automation initiatives to streamline workflows.

ESSENTIAL QUALIFICATIONS:

Bachelors degree in Accounting Finance Business or a related field

Minimum of 710 years of accounting experience in a manufacturing organization or auditing of a manufacturing client

Minimum of 3 years of demonstrated experience leading and managing an accounting team including performance management coaching and development

Proven track record in leading and delivering on objectives that balance speed accuracy and compliance; with independence and autonomy

Demonstrated ability to lead and develop direct reports including effective resource allocation

Ability to partner with and influence crossfunctional stakeholders

Strong communication and collaboration skills particularly in Operations and Manufacturing

Advanced Microsoft Excel skills (including pivot tables vlookup and advanced formulas)

Strong organizational and time management skills

Strong research analytical and problemsolving skills

Experience with ERP systems (e.g. SAP Oracle Microsoft Dynamics) and automated reporting tools

Attention to detail and focus on accuracy and data integrity

Understanding of compliance standards and regulatory requirements (e.g. GAAP internal controls)

Ability to adapt to a fastpaced environment and manage competing priorities

Experience managing audits and ensuring compliance with accounting standards

PHYSICAL DEMANDS:

Ability to withstand prolonged periods sitting at a desk

Frequent use of upper extremities to perform keyboard functions and work on a computer

Ability to occasionally stand/walk


Required Experience:

Manager

Employment Type

Full-Time

Company Industry

Department / Functional Area

Finance

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