Cost Accounting Manager

Posted 3 Days Ago
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Waterloo, IA, USA
Hybrid
Senior level
Retail • Industrial • Manufacturing
The Role
The Cost Accounting Manager oversees budgeting, forecasting, month-end close, financial performance analysis, and integrates manufacturing operations, while ensuring compliance with GAAP.
Summary Generated by Built In
Company Description

For nearly 70 years, MasterBrand has been shaping the places where people come together, enriching lives and creating meaningful memories for our customers. That, combined with our stylish products, expansive dealer and retail network, and dedicated associates, has helped make us the number one North American residential cabinet business. Our unique culture of continuous improvement is based on trusting the tools, empowering the team and moving forward, and is kept alive by our more than 14,000 associates across 20 plus manufacturing facility and offices. Visit www.masterbrand.com to learn more and join us in building great experiences together!

Job Description

The Cost Accounting Manager will support the performance management of multiple manufacturing operations at our Waterloo, IA facilities. This position will be responsible for aspects of forecasting, monthly close, compliance, reporting, performance analysis, and special projects as they arise. This position will also play an integral part in the integration of manufacturing operations in our Waterloo facilities. This role requires the ability to work effectively individually and in teams within a matrix organization while managing multiple priorities across functions and levels throughout the business. In addition, this position requires a deep knowledge of cost accounting, finance, financial controls, systems, information analysis and reporting. The Cost Accounting Manager is a key position reporting to the Director, Finance Operations.

Responsibilities:

  • Leads the preparation and review of the annual budget, periodic forecasts, and operating plans.
  • Oversees and manages the month-end close process and ensures accuracy and timely completion.
  • Reviews and approves assigned journal entries and account reconciliations and substantiations.
  • Completes the assessment of monthly financial performance, including root cause analysis and highlighting performance improvement areas to the operations team.
  • Drive integration of new manufacturing operations at the Waterloo facility.
  • Performs profitability assessments on product lines, customers, capital investments, and other business decisions.
  • Performs financial modeling and trend and sensitivity analyses.
  • Oversees the maintenance and accuracy of standard costing.
  • Supports physical inventory and other asset control.
  • Maintains financial integrity through compliance with GAAP and internal controls.
  • Develop and mentor finance team members, fostering a culture of continuous improvement.
  • Performs other duties and participates in special projects as assigned.

Qualifications

  • Bachelor's degree in Accounting required (degrees in Finance, Economics, or equivalent also to be considered).
  • Certified Public Accountant (or Chartered Accountant equivalent), Certified Management Accountant, and/or Master of Business Administration preferred.
  • 5+ years of accounting experience - with manufacturing experience preferred.
  • Understanding of and experience with Generally Accepted Accounting Principles (GAAP), and/or International financial Reporting Standards (IFRS), Sarbanes Oxley, cost accounting and accounting acumen.
  • Demonstrated ability to develop an efficient and engaged finance team and to manage multiple priorities.
  • Proficient in the use of Microsoft Office Suite (PowerPoint, Word, Outlook). Intermediate or advanced Excel skills required.
  • Knowledge and experience with enterprise resource planning (ERP) and/or Material Requirements Planning (MRP) systems such as Oracle, Friedman, Insight, or Qlikview/Qlik Sense).
  • Minimal travel required. 

Additional Information

Equal Employment Opportunity

MasterBrand Cabinets LLC is an equal opportunity employer. MasterBrand Cabinets LLC’s policy is not to discriminate against any applicant or employee based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, military status, sexual orientation, genetic history or information, or any other basis protected by federal, state or local laws. MasterBrand Cabinets LLC also prohibits harassment of applicants or employees based on any of these protected categories. It is also MasterBrand Cabinets LLC’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.

Reasonable Accommodations

MasterBrand Cabinets LLC is committed to working with and providing reasonable accommodations to individuals with disabilities. If you have a disability and wish to discuss potential accommodations related to applying for employment, please contact us at [email protected].

Skills Required

  • Bachelor's degree in Accounting
  • Certified Public Accountant or Chartered Accountant equivalent
  • 5+ years of accounting experience, manufacturing experience preferred
  • Understanding of GAAP and/or IFRS, Sarbanes Oxley, cost accounting
  • Proficient in Microsoft Office Suite, advanced Excel skills
  • Knowledge of ERP and/or MRP systems
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The Company
4,461 Employees
Year Founded: 1998

What We Do

MasterBrand is the largest manufacturer of residential cabinets in North America, offering a comprehensive portfolio of superior cabinetry products for residential use.

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