Plant Accounting Manager

Posted 2 Days Ago
Be an Early Applicant
Simcoe, ON, CAN
In-Office
95K-115K Annually
Senior level
Automotive • Energy • Industrial • Manufacturing
The Role
Lead plant accounting including month-end close, reconciliations, cost and variance analysis, inventory valuation, budgeting and forecasting. Ensure GAAP and SOX compliance, support audits, provide financial insights to plant leadership, manage and develop the accounting team, and drive continuous improvement and cross-functional initiatives.
Summary Generated by Built In
Job Summary & Responsibilities

Position Summary

The Plant Accounting Manager is responsible for leading all accounting and financial activities for the manufacturing plant, ensuring accurate financial reporting, strong internal controls, cost management, and compliance with company policies and accounting standards. This role partners closely with plant leadership and corporate finance to provide financial insights that support operational performance, drive continuous improvement, and achieve business objectives.

Responsibilities

Financial Management & Reporting

  • Lead all plant accounting functions, including month-end close, account reconciliations, journal entries, and financial reporting.
  • Prepare, analyze, and communicate monthly financial results, forecasts, budgets, and annual operating plans.
  • Partner with plant leadership to provide financial analysis and recommendations that support operational and strategic decision-making.

Cost Accounting & Financial Analysis

  • Monitor inventory valuation, standard costs, inventory transactions, and physical inventory processes.
  • Analyze manufacturing costs and identify opportunities to improve profitability and operational efficiency.
  • Analyze manufacturing variances, including labor, material, overhead, and production volume performance, and communicate key drivers to plant leadership.
  • Prepare and distribute financial and operational KPI reporting for plant leadership.

Internal Controls & Compliance

  • Ensure compliance with GAAP, company policies, and financial reporting requirements.
  • Maintain and monitor internal controls, including SOX compliance, control certifications, and remediation of audit findings.
  • Coordinate and support internal, external, and regulatory audits.

Leadership & Team Development

  • Lead and develop the plant accounting team through performance management, coaching, training, and workforce planning.
  • Foster a culture of accountability, collaboration, and continuous improvement.

Business Partnership & Continuous Improvement

  • Collaborate with operations, supply chain, engineering, and corporate finance to support business initiatives and continuous improvement efforts.
  • Participate in and support Layered Process Audits (LPAs) to promote operational excellence and compliance with established processes.
  • Support plant-wide initiatives and cross-functional projects that contribute to safety, quality, operational excellence, and business objectives, including responsibilities that may extend beyond traditional finance functions.
  • Perform other duties as assigned.

Education & Experience Requirements

Education

  • Bachelor's degree in Accounting, Finance, or a related field required.
  • CPA, CMA, or MBA preferred.

Experience

  • 5–8 years of progressive accounting or finance experience, including manufacturing or plant accounting.
  • Previous leadership or supervisory experience preferred.
  • Strong knowledge of cost accounting, inventory accounting, budgeting, forecasting, and financial analysis.
  • Experience with ERP systems and Microsoft Excel.
  • Working knowledge of internal controls, SOX compliance, and GAAP.
  • Strong analytical, organizational, and problem-solving skills.
  • Excellent interpersonal and communication skills with the ability to partner effectively across all levels of the organization.

Skills & Competencies

  • Financial planning, reporting, and analysis
  • Manufacturing and cost accounting
  • Budgeting and forecasting
  • Internal controls and compliance
  • Variance analysis and KPI reporting
  • Team leadership and employee development
  • Audit coordination
  • ERP systems and advanced Excel skills
  • Cross-functional collaboration
  • Continuous improvement mindset

The salary range for this position is $95,000 to $115,000. 

This position is an active vacancy.

Scope of Duties and Responsibilities

This job description in no way states or implies that these are the only duties to be performed by the employee(s) in this position. Employees will be required to follow any other job-related instructions and perform any other job-related duties requested by supervisors or management.


Skills Required

  • Bachelor's degree in Accounting, Finance, or related field
  • CPA, CMA, or MBA
  • 5-8 years progressive accounting or finance experience, including manufacturing or plant accounting
  • Previous leadership or supervisory experience
  • Strong knowledge of cost accounting, inventory accounting, budgeting, forecasting, and financial analysis
  • Experience with ERP systems
  • Advanced Microsoft Excel skills
  • Working knowledge of internal controls, SOX compliance, and GAAP
  • Strong analytical, organizational, and problem-solving skills
  • Excellent interpersonal and communication skills
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The Company
2,500 Employees
Year Founded: 1930

What We Do

Essex Solutions is a leading global provider of magnet wire used by major OEMs and industry leaders in the automotive, energy, industrial, and commercial and residential sectors. The company leverages vertically integrated capabilities in R&D, rod production, and enamels to support hybrid and electric mobility, grid infrastructure, and industrial automation, helping manufacturers innovate and accelerate time to market for future technologies.

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