Plant Accounting Manager (24549)

Summary:

The Plant Accounting Manager will support plant operations management financially by maintaining the general ledger, handling month-end close, forecasting and budgeting, controlling inventory, and preparing weekly, monthly, and annual reports for management. This role is essential in delivering insights to plant leadership that drive cost reduction, operational excellence, and strategic decisions.

Reporting directly to the Corporate Controller, this role partners with the Finance teams at the NEO Tech headquarters, plant leadership, and other NEO Tech locations.

Essential Duties and Responsibilities:

• Cost Accounting/Inventory (50%)
  • Responsible for coordinating the development, annual review, and accuracy of inventory standard cost components, e.g., material, labor, overhead.
  • Responsible for review, reporting and analysis of monthly inventory variances associated with manufacturing performance, e.g., PPV, absorption variance, freight costs, etc.
  • Responsible for development and reporting of inventory-related balance sheet reserves and allowances, e.g., inventory reserves, inter-company profit in stock, inventory in transit, warranty reserves, and capitalization of inventory variances.
  • Responsible for all components of Cost of Goods Sold including:
    • Analysis of costs and evaluation of factors contributing to purchasing and manufacturing variances to plan.
    • Partnering with site operations to develop and review standards costs, bills of material, product margins & product cost performance.
    • Responsible for developing cost reports and reporting on margins by product and customer.
    • Provide cost accounting support to strategic planning, budgeting, and forecasting.
    • Work with Operations to ensure effectiveness of the cycle counting program, accuracy and timeliness of monthly cycle counts and monthly cycle count metrics.
    • Coordinate and support the annual physical inventory count and periodic cycle counts.
• General Accounting (50%)
  • Responsible for the full cycle month-end/year-end closing procedures including but not limited to analysis and reconciliation of various balance sheet accounts, maintaining, and reconciling various intercompany accounts, analysis of cost-of-goods-sold and operating expenses, while ensuring accuracy and integrity of transactions.
  • Prepare management reports, including variance explanations, which requires interaction with colleagues at all levels of the organization. Develop price/volume variance analysis.
  • Develop price/volume variance analysis and assist program managers in analyzing contract cost variances, contract gross margins, and overall program financial performance.
  • Support the Weekly Business Review process.
  • Support the forecast and annual budget process.
  • Support the annual financial statement audit.
  • Provides accounting assistance to Operations and Sales teams; responds to financial questions/concerns to meet business needs.
  • Establish and enforce proper accounting methods, policies, and principles.

Educational Requirement:          

• BS degree required, accounting concentration preferred.

Relevant Work Experience and Requirements:                 

• 5+ years in manufacturing environment with hands-on cost accounting experience, required.
• Experience in an MRP environment
• Experience in the monthly closing and be a contributor to the closing process in costing inventory and analyzing cost of goods sold.
• Excellent communication skills interacting with management, accounting, production and purchasing.
• Strong analytical and critical thinking skills with high attention to detail
• Excellent organizational skills and ability to adhere to timelines.
• Reliable and goal oriented
• Proficiency in MS Office; Advanced Excel, required.

Benefits Offered: Comprehensive benefit package including medical, dental and vision coverage; company-paid basic life/AD&D insurance, short-term and long-term disability insurance; voluntary supplemental insurances, flexible spending accounts and employee assistance program (EAP). Sick Leave, Vacation Time, and company-paid Holidays are also provided as paid time off. NEOTech also provides a 401(k) Retirement Savings Plan option with a company match.

NEOTech is an Equal Opportunity/Affirmative Action employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran status, or any other characteristic protected by applicable federal, state, or local law.

NEOTech has a long-standing commitment to maintaining a safe, quality-oriented and productive work environment.  We also want all employees to perform their duties safely and efficiently, in a manner that protects their interests and those of their co-workers. We recognize that alcohol and drug abuse pose a threat to the health and safety of NEOTech employees and to the security of the Company’s equipment and facilities. For these reasons, NEOTech is committed to the elimination of drug and alcohol use and abuse in the workplace.  Candidates being considered for hire must pass a pre-employment background check and drug test which include screening for illegal drugs and marijuana.

Due to ITAR and / or CUI compliance, this position requires candidates to be a U.S. Citizen.