Sr. Accountant, Cost Accounting

Herbalife•Winston-Salem, NC

About The Position

The Sr. Cost Accountant supports the Sr. Manager, Plant Finance in accounting and reporting. The role is 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.

Requirements

  • Five years of accounting experience, including cost accounting experience.
  • 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 skills, including Windows, Excel, and Word.
  • Ability to solve practical problems in situations with limited standardization.
  • Ability to interpret written, oral, diagrammatic, or schedule-form instructions.
  • Ability to respond to 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

  • Cost accounting experience in a manufacturing environment.
  • 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.
  • Support annual budgeting and monthly forecasting by discussing past financial performance and future financial needs with designated department managers.
  • Back up product-quote processing and maintain RFQ quoting 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 ABC costing methodologies, and maintain system BOMs and routings.
  • Prepare manufacturing performance reports and analyses, including PPV, 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 concerning integration of Pro2col Health/Link Bioscience with financial systems and costing processes, providing guidance and services as needed.
  • Work with Corporate Accounting, IT, Purchasing, Quality, and other departments.
  • Assist in training newly hired accounting representatives.
  • Perform additional duties as assigned.

Benefits

  • Group health programs, including medical, dental, vision, Health Savings Account, Flexible Spending Accounts, basic life and AD&D, short-term and long-term disability, and Employee Assistance Program.
  • Voluntary benefits, including a 401(k) plan, wellness incentive program, Employee Stock Purchase Plan, supplemental life, critical illness, hospitalization and accident insurance, and pet insurance.
  • Paid time off, including company-observed U.S. holidays, floating holidays, vacation, and sick time.
  • Volunteer program.
  • Paid maternity and paternity leave.
  • Bereavement leave.
  • Personal leave.
  • Time off for voting.
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