Sr. Accountant, Cost Accounting

Herbalife•Winston-Salem, NC

12h

About The Position

The Sr. Cost Accountant supports the Sr. Manager, Plant Finance in accounting and reporting. The role is directly responsible for product costing and analysis, inventory reporting and analysis, and manufacturing variance analysis and root-cause determination. The position participates in the Pro2col Health/Link Bioscience system integration and ERP implementation, and performs SOX and operational compliance testing and reporting. It also supports plant budgeting and forecasting, month-end accounting, system improvements, product quoting, and collaboration with departments across the organization. The role has no supervisory responsibilities.

Requirements

Five years of accounting experience, including cost accounting experience; manufacturing-environment cost accounting experience is preferred.
Bachelor’s degree in accounting, finance, or a related field.
Demonstrated initiative in plant accounting.
Effective verbal and written communication skills.
Ability to work to tight deadlines and meet department goals.
Proficiency with PC applications, including Windows, Excel, and Word.
Ability to solve practical problems and work with variables in situations with limited standardization.
Ability to interpret written, oral, diagrammatic, or schedule-based instructions.
Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
Ability to read, analyze, and interpret common financial reports and legal documents.
Ability to present information effectively to top management.
Ability to organize workload and multitask to meet deadlines.
Ability to carry out responsibilities with minimal supervision.
Ability to interact effectively at all levels with sensitivity to cultural diversity.
Ability to adapt as the external environment and organization evolve.

Nice To Haves

Manufacturing-environment cost accounting experience.
Advanced Excel skills.
Experience with Oracle.
MBA degree, CPA, or CMA.

Responsibilities

Prepare weekly plant absorption reports comparing actual performance with budget and forecast.
Maintain the Oracle R12 inventory database, including creating recipes, costing new items, obsoleting old SKU versions, and closing or correcting work orders.
Assist with the annual budget and monthly forecast processes by meeting with designated department managers to discuss financial performance and future needs.
Back up product quote processing and maintain RFQ database structures as needed.
Analyze the cost impact of changes to product design, raw materials, manufacturing methods, or services.
Assist in developing plant standard costs, including determining manufacturing rates using activity-based costing methodologies; maintain bills of materials and routings in the system.
Prepare manufacturing performance reports and analyses, including purchase price variance, material usage, utilization, efficiencies, and costs per unit.
Assist with process and system upgrades and enhancements.
Prepare month-end journal entries, account reconciliations, and variance analyses.
Represent accounting in discussions and activities related to integrating Pro2col Health/Link Bioscience with financial systems and costing processes, and provide guidance and services as needed.
Interact with Corporate Accounting, IT, Purchasing, Quality, and other departments.
Assist in training newly hired accounting representatives.
Perform additional duties as assigned.
Perform SOX and operational compliance testing and reporting.