Cost & Budgeting Manager

$140,000 - $140,000/Yr

Kelly Services - Woodland, CA

Full-time - Mid Level

Woodland, CA

10,001+ employees

Administrative and Support Services

About the position

The Cost & Budgeting Manager will play a crucial role in managing the costing accounting team and overseeing the budgeting process within the organization. This position involves ensuring accurate inventory valuation, timely grower payments, and compliance with GAAP standards. The manager will provide financial analysis, variance explanations, and insights for multiple projects while facilitating the annual budget and forecasting for the company.

Responsibilities

• Manage the costing accounting team and oversee the costing accounting process.
• Provide direct management to the costing team to further develop their skills and ensure accurate inventory costing.
• Ensure accuracy of general ledger and cost accounting data with bill of materials, routings, and allocations.
• Oversee the standard cost rolls, budget planning, and forecasting.
• Monitor inventory levels and implement strategies to optimize inventory turnover and minimize carrying costs.
• Perform various tasks for the monthly financial closing process including inventory, manufacturing costs, and other metrics to ensure timing and accuracy of standards and gross margins.
• Review and evaluate cost trends and their impact.
• Provide cost support to cross functional areas and support process improvement, standardization, cost optimization, and efficiency enhancements.
• Work closely with personnel to understand and document operational financial issues.
• Respond in a timely fashion to requests for information and issue resolution.
• Prepare financial reports and analysis; performance metrics; variance reporting; and presentations for management.
• Prepare two-annual forecasts and the next year's budget using both D365 and Excel.
• Train new employees to use the budgeting system and prepare detailed Excel files for management review.
• Monitor and analyze actual performance against budgeted targets, providing variance analysis and recommendations to management.
• Support the audit process from both external and internal auditors.
• Build rapport with other functional leaders and support them from financial/compliance aspects.
• Establish and monitor proper internal controls for cost accounting cycle to comply with SOX/J-SOX requirements.

Requirements

• Bachelor's Degree in Accounting or Business Administration (MBA preferred)
• 5+ years of cost accounting and/or budgeting experience
• 3+ years of supervisor experience
• Strong analytical, communication, and computer (IS) skills
• Extensive knowledge of accounting principles and compliance requirements
• Solid understanding and experience in production costing and inventory valuation using standard cost methodology
• Strong understanding of audit procedures including statutory financial audit and internal control testing (SOX/J-SOX)
• Attention to detail and ability to execute multiple tasks under pressure
• Ability to manage stress especially when encountering necessary projects, deadlines and/or high workload
• Microsoft D365 experience is a plus.

Nice-to-haves

• Experience in the seed industry is a big plus.

Benefits

• Medical, Dental & Vision Insurance coverage for employees and their families
• Basic Life & AD&D Insurance
• 401k program with company match
• Profit Sharing program (via 401k)
• Holiday & Performance Incentive Bonus program
• Paid Vacation: 10 days per year to start, increases with tenure
• Sick Leave: 1 hour accrued per 30 hours worked for first 30 days, 6.67 hours per month after
• 14 paid company holidays, 2 floating holidays & birthday off
• Paid Family Leave: 15 days after 12 months of service for FMLA qualifying events
• Company provided EAP
• Company provided subsidy for health/fitness clubs & apps