Cost Pricing Accountant Manager

Kagome Co., LtdOsceola, AR
9d$73,958 - $122,031

About The Position

The Costing and Pricing Accountant is responsible for determining pricing structures for new and existing customers, ensuring accurate cost analysis, and supporting financial decision-making related to product profitability. This position collaborates with Sales, Finance, Operations, and Supply Chain at Kagome Inc. and Kagome Foods, Inc. to develop competitive and financially sound pricing models that align with business goals. Additionally, this role is responsible for ensuring that all stakeholders in the costing workflow respond in a timely manner to meet pricing deadlines.

Requirements

  • Bachelor's degree in accounting, Finance, or a related field.
  • 2-4 years in cost accounting, pricing analysis, or financial planning in a manufacturing or food industry environment.
  • Strong understanding of standard costing, cost modeling, and margin analysis.
  • Proficiency in ERP systems (e.g., JustFoods, SAP, or similar) and Excel (pivot tables, VLOOKUPs, financial modeling).
  • Employee works well with others as a team and treats others with respect.
  • Conducts self in a professional manner and exhibits the highest level of integrity.
  • Maintains a positive attitude through good working relationships with our customers, visitors, and co-workers that emphasizes our commitment to good customer service.
  • Reliability and acceptable attendance are required. It is critical to be punctual and arrive on time for work and for meetings (if applicable).
  • Must consistently fulfill job responsibilities, knowing how to prioritize tasks and manage time effectively. If authorized to work remotely, must maintain the same levels of productivity and communication as they would in the office.
  • Excellent verbal and written communication skills to present financial insights.
  • Ability to work cross-functionally and support pricing discussions with Sales and Finance.
  • Strong financial modeling and cost analysis abilities.
  • Ability to identify cost-saving opportunities and improve pricing accuracy.
  • Proficiency in data analysis, forecasting, and variance reporting.
  • Organize job responsibilities to complete work on a timely basis.
  • Ability to sit and work in front of a computer terminal for long periods (may sit for approx. 7+ hours with 2 hour intervals being in a stationary sitting position). May lift up to 25 lbs.
  • Willing to work overtime and weekends as requested.

Nice To Haves

  • CPA, CMA, or other relevant financial certification.

Responsibilities

  • Develop and maintain pricing models based on cost inputs, market conditions, and profitability targets.
  • Analyze cost structures, raw material expenses, labor, and overhead to determine accurate product pricing.
  • Support Sales in pricing negotiations by providing financial insights, margin analysis, and competitive benchmarking.
  • Conduct profitability assessments for new and existing customer contracts.
  • Regularly review and update pricing formulas to reflect changes in costs and business conditions.
  • Work closely with stakeholders to ensure timely responses in the pricing workflow, including Sales, R D, Purchasing, and Operations.
  • Identify SKUs that require quarterly cost reviews and provide updated pricing to Sales in advance of the next quarter.
  • Maintain and update standard costs for ingredients, packaging, and production processes.
  • Update oil standard costs quarterly if cost volatility necessitates
  • Roll costs of raw materials into finished goods as necessary to ensure finished goods cost is correct.
  • Prepare raw materials costs that will be used in preparing the next year's budget.
  • Maintain and update costs that will be used in preparing standard pricing sheets for customers. Standard costs may not be applicable when generating a price for a new product.
  • Maintain and update costs used in quarterly pricing for Conagra and other customers with unique pricing structures.
  • Ensure bills of material for pricing is correct.
  • Ensure toll factored into pricing is correct.
  • Ensure any unique nuances of a customer's price is taken into account (water, pallets, film for labels, rebates, brokerages, etc)
  • Ensure unique pricing requirements from customer's manufacturing agreement is adhered to.
  • Work with Oil & Materials Specialist to confirm contracted oil/commodity cost is commensurate with sales price for specific customers.
  • Review contracted receipts to ensure complete receipt of contracts
  • Review customer orders and shipments related to contracts to ensure proper relationship of commodity received to finished goods cases ordered and shipped.
  • Analyze production order reports to determine actual:
  • Waste factors of raw materials and update bills of material as necessary so excessive waste is factored into cost of product.
  • Throughput of product in production runs so proper throughput standard is used in computing labor and overhead components of standard cost.
  • Direct labor associated with production
  • Analyze manufacturing variance accounts monthly and prepare detailed reports for Finance and Operations.
  • Generate and distribute shop order analysis sheets to the VP of Operations following each production run, providing insights into actual performance vs. standard costs.
  • Update routings with revised throughput or labor changes as necessary
  • Identify and analyze cost variances and provide recommendations to improve cost efficiency.
  • Prepare and present cost analysis reports to senior management.
  • Work with Operations and Supply Chain to optimize inventory cost management and material pricing.
  • Ensure new Item IDs are created for new ingredients and packaging (coordinating with R D, Production Vision, and JustFood).
  • Support Accounts Payable in setting up new suppliers in JustFood after receiving credit information.
  • Work closely with Sales, Finance, and Operations to Provide cost information that enables pricing strategies to align with company objectives.
  • Ensure compliance with GAAP, company accounting policies, and financial reporting standards.
  • Assist with annual budgeting and forecasting related to pricing and cost structures.
  • Support internal and external audits by providing documentation related to cost accounting and pricing.
  • Potentially assist Kagome Foods, Inc. (KFI) as an Expeditor, working with suppliers to ensure all materials are available for production on time.
  • Assist in semiannual physical inventory
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