Plant Accountant

Ingredion • Indianapolis, IN

10d • Hybrid

About The Position

As the Plant Accountant you will perform activities in accordance with established principles and standards to control the organization's financial resources and ensure that it complies with all relevant regulations, laws, and reporting requirements. May provide daily guidance to clerks. Impact and Contribution determined by complexity of activities performed and experience required for job. This role reports to the Lead Accountant - T&HS US/CAN.

Requirements

• Bachelor’s Degree in Accounting or Finance required
• 0-3 years relevant experience
• Demonstrated understanding of basic accounting concepts and theories used in the manufacturing and business environments
• Ability to prioritize and meet deadline requirements
• Inventory understanding
• Proven verbal and written communication skills with the ability to communicate to various levels within the organization
• Proven proficiency in the use of MS Office (i.e., Excel, Word, PowerPoint)

Nice To Haves

• SAP Experience preferred
• Manufacturing Experience preferred
• Ability to travel as necessary

Responsibilities

• Prepare and review of accurate and timely month-end, quarter-end, and year-end reporting.
• Prepare and analyze mid-month forecasts to assess financial performance and identify trends.
• Conduct month-end financial reporting, ensuring accuracy in revenue, expenses, and variances.
• Manage budgeting processes, collaborating with operations to develop and monitor cost projections.
• Oversee accruals and financial analysis to ensure accurate recognition of expenses and liabilities.
• Work cross-functionally with business partners and internally within a Texture & Healthful Solutions’ plant (i.e., corn manufacturing plant) and monitor trends to prepare monthly forecasts and periodic budgets over plant specific spending.
• Prepare and review monthly account reconciliations in a timely manner to ensure internal control policies are being followed.
• Perform inventory reconciliation by comparing physical counts with system records, identifying discrepancies, and implementing corrective actions.
• Monitor inventory movements, ensuring proper accounting and valuation for raw materials, work-in-progress, and finished goods.
• Analyze inventory costs and variances, supporting decision-making for cost control and efficiency improvements.
• Perform monthly, quarterly, and annual Sarbanes-Oxley testing.
• Work with internal and external audit teams providing requested documentation pertaining to related work.
• Drive cohesive financial strategies while maintaining robust internal controls and compliance.
• Ensure Business Process Procedures (BPP’s) are written and current for all job functions and that they comply with internal control policies.
• Coordinate periodic inventory audits, ensuring compliance with accounting standards and company policies.
• Maintain compliance with internal controls, financial regulations, and industry best practices.
• Support year-end audit procedures by preparing documentation, addressing auditor inquiries, and ensuring accurate financial reporting.
• Assist plant leadership with financial insights to drive cost efficiencies and strategic decisions.
• Conduct variance analysis on production costs, labor, and overhead, recommending process improvements.
• Collaborate with cross-functional teams to enhance financial reporting accuracy and operational effectiveness.
• Perform analyses for T&H Plant to proactively identify and communicate yield and production reporting issues.
• Resolve reporting issues as they arise and communicate to leadership any discrepancies noted.
• Perform analyses on T&H various spending accounts to proactively identify and communicate spending issues.
• Review accounts periodically to ensure appropriate spend is allocated to the correct general ledger account and cost center.
• Collaborate and address with Operations to any key concerns around expense reporting.
• Willing to work on special projects focused on accounting, financial analysis, financial forecasting, financial reporting, and tolling (operational efficiency/standardization of processes) as required.
• Build and maintain collaborative relationships across all units and functional managers for T&HS Plant(s) all while ensuring accurate and timely reporting of plant(s) performance.
• Build and maintain collaborative relationships with Finance team(s).

Benefits

• Competitive salary and performance-based pay
• Health, long-term savings, and resources for your physical, mental, and emotional well-being
• Learning, training, and development opportunities, including tuition reimbursement
• A culture of real-time appreciation, with personalized recognition rewards globally
• Exclusive discounts on everyday products, services, and travel
• Medical, dental and vision coverage
• 401(k) plan with an competitive company match

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level