Plant Controller/Cost Manager

Company: Alliance Resource Group
Location: West Covina
Posted on: February 24, 2021

Job Description:

Summary:The Plant Controller/Cost Accounting Manager, reporting to the Chief Financial Officer, is responsible for managing the Manufacturing Accounting function for a fast-growing manufacturer in the healthcare industry.--This position assumes primary responsibility for all cost accounting areas of the business as well as serving as the primary finance liaison to manufacturing operations. This position applies principles of cost accounting to ensure the proper reporting of inventory and gross profit in the Company's financial statements in accordance with GAAP.--This position will work with operations to drive the development and implementation of enhanced business processes and systems in order to i) improve the overall internal control environment and ii) analyze, report on and recommend actionable recommendations to improve productivity, reduce costs, and improve operational performance. Essential Job Functions: This is not intended as a comprehensive list; it is intended to provide a representative summary of the major duties and responsibilities. -- Manage the physical verification of inventoryo Lead the coordination and the implementation of the year-end physical inventoryo Working with operations, develop and implement cycle count procedures -- Ensure accuracy of inventory pricingo Perform standard cost revisions of raw materials and finished goods periodicallyo Maintain and update BOMs as needed-- Perform inventory reserve analyses and ensure adequacy of reserves (i.e., E&O, LCM)-- Reconcile perpetual inventory records to the general ledger system-- As part of the accounting close process:o Review manufacturing expenses and explain varianceso Analyze and report on manufacturing variances (e.g., PPVs, absorption, etc.) o Perform gross margin bridges and explain margin variances-- Lead the effort to design and implement an enhanced inventory and cost accounting business cycle (e.g., timely data entry, periodic inventory reconciliation, periodic price updates, proper inventory cut-off, periodic inventory verification, etc.)-- Actively participate in the improvement of other business processes affecting the inventory / cost accounting (i.e., inventory control, purchasing cycle, etc.)-- Lead the effort to develop and implement the inventory module within our current accounting system to ensure that the manufacturing/inventory system is fully integrated with the financial and accounting system-- As a longer term initiative, lead the effort in implement the inventory / manufacturing module when the Company implements a new ERP system-- Lead continuous process improvements to strive for improved accounting and operational efficiencies and effectivenessRequired Knowledge and Skills: -- Requires proficiency in Excel and strong experience in ERP / MRP / Inventory systems-- Must have strong knowledge of general accounting and cost accounting principles and their application and demonstrated ability to apply these in the business context-- Must have demonstrated the ability to take ownership of job functions-- Must be a strong team player and have a strong work ethic-- Must be detail oriented, customer oriented, and possess excellent analytical abilitiesRequired Education and Experience: -- Bachelor's degree in accounting or finance-- Preferably five plus years of related experience

Keywords: Alliance Resource Group, West Covina , Plant Controller/Cost Manager, Executive , West Covina, California