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Plant Cost Analyst
$80,000 - $90,000/Yr
Tekni-Plex - Clinton, IL
posted 2 months ago
Full-time - Mid Level
Clinton, IL
Merchant Wholesalers, Nondurable Goods
About the position
The Plant Cost Analyst is responsible for executing the company's financial plans and policies, maintaining fiscal records, and preparing financial reports. This role involves general accounting, capital expenditures, assisting auditors, cost accounting, account reconciliations, and budgetary controls, ensuring accurate product costing methodologies and supporting manufacturing operations.
Responsibilities
- Development of new product standard costs and updating existing costs as required under GAAP and senior management.
- Assist Plant Controller in product costing methodologies, including labor and overhead rates, ensuring accuracy and consistency.
- Preparation of manufacturing variances on a weekly basis, providing support to the controller, plant manager, and supervisors as needed.
- Monthly inventory roll forward and reconciliations, providing support to manufacturing.
- Preparation of reports for inventory write-off, assisting in SLOB reporting and review.
- Reporting, analysis, and system support of the cycle count inventory process.
- On-site support and review of the annual physical inventory for the plant, working with outside auditors during year-end audit.
- Backup for various accounting functions within the department.
- Execution of the month-end and year-end closing process, adhering to scheduled timelines.
- Entering manual journal entries and preparing various analyses and reconciliations.
- Identifying cost savings opportunities associated with plant operations.
Requirements
- Bachelor's Degree in Accounting required.
- 5 or more years of hands-on cost accounting/cost analytical experience in a manufacturing environment, including variance calculations, PPV, and LCM analysis, and inventory reconciliations.
- Strong knowledge of GAAP and cost accounting principles.
- Excellent organizational, communication, and presentation skills.
- Ability to excel in a small group that works closely together.
- High proficiency in Excel, knowledge of Word & PowerPoint, and integrated accounting systems.
Benefits
- 401(k) matching
- Dental insurance
- Employee assistance program
- Health insurance
- Paid time off
- Relocation assistance
- Vision insurance
