Senior Cost Accounting Manager

Company: SCN BestCo
Location: Santa Cruz
Posted on: May 21, 2023

Job Description:

We believe being healthy should not require tradeoffs. SCN BestCo is a leading innovator, developer and manufacturer of Vitamin, Mineral & Supplement (VMS), Over-the-Counter (OTC) and prebiotics/probiotics in enjoyable forms such as gummies, lozenges and chews. With over 50 years of excellence, our team leads the way in changing how consumers make healthier choices. With unique food science expertise and proprietary processes, we've pioneered many firsts. The fire in our belly to create new to the world products has guided and continues to be core to our mission of making health and wellness more enjoyable. Come join us and become a part of our winning formula!The Senior Cost Accounting Manager oversees a team responsible for providing financial and business partner support to the Operations, Supply Chain, and Quality organizations. The Senior Cost Accounting Manager manages the financial systems, business processes, procedures, and methods to ensure the availability of accurate and timely costing and inventory information for senior management and other stakeholders. This position requires an in-depth understanding of manufacturing finance issues as well as strong leadership, communication, analytical, task management, and problem-solving skills.Estimated starting annual base salary is $156,998.40 - $235,497.60 less applicable withholdings and deductions, paid on a bi-weekly basis. Please note that the actual compensation offered may vary based on relevant factors as determined by the Company, which may include, but is not limited to, location, experience, qualifications, education, skillset, and market conditions. The target base compensation for this role is in the low to middle of the range, with the top of the range reserved for only exceptional circumstances. In addition, this role is eligible for a discretionary, variable annual incentive, paid based on Company performance factors. SCN BestCo offers a competitive benefits package to eligible full-time employees, which currently includes medical, dental, and vision plans, 401(k) with employer matching contributions, life insurance, paid time off, tuition reimbursement, and more, as well as paid sick leave in accordance with applicable law. Each benefit is subject to eligibility requirements as specified in plan documents, and the Company reserves the right to modify the benefits it offers from time to timeDuties and ResponsibilitiesManage, coach, hire, train and develop the cost accounting team.Oversee all cost accounting activities to include developing annual budgets and standard product costs, performing a comprehensive and accurate month-end close, leading the monthly review of actual performance vs budget and identifying the drivers for major variances, providing periodic mid-year forecasts, and ensuring all appropriate financial and business control processes are in place and effective. The primary focus of this role will be to support the Santa Cruz plant operations. It is possible that some support will need to be provided to other SCN plants (primarily Sumter, SC).Publish weekly flashes or dashboards to communicate current month operational and financial performance to management.Collaborate with Operations & Supply Chain to maintain a robust cycle count program with regular management updates and support periodic requests from outside auditors.Perform periodic inventory reserve reviews to ensure all appropriate reserves are in place and that management understands the underlying drivers behind changes to our reserve position.Partner with Operations to understand YTD performance vs. the annual CAPEX plan. In addition, provide appropriate support to justify new capital investment requests. Collaborate with the general accounting team to ensure that all fixed asset related accounting activities (CIP, placement into service, asset dispositions) are performed timely and accurately.Partner with the Senior Manager of Finance to provide appropriate standard margin and gross margin reporting on a consistent basis with appropriate granularity (e.g., by product, by customer, etc.).Perform periodic analyses on labor, materials, and overhead spending to ensure operations and finance management understand our key cost drivers and any areas of potential savings or potential risk.Partner with cross functional teams on projects to identify potential efficiency improvements.Develop and/or improve methods of calculating and controlling costs.Required QualificationsBachelor's degree in accounting or related field.12 years' professional experience in cost accounting, supply chain finance, or similar functions.6 years' professional management and leadership experience.Prior manufacturing industry experience.Thorough understanding of all GAAP cost accounting concepts and (e.g., Period vs. inventoriable costs, E+O, LCM).Strong leadership, analytical, attention to detail, organization, prioritization, verbal, and written communication skills.Strong ERP System knowledge - understands the interdependency of various sub-ledgers / modules in most ERP (e.g., Order Entry, Production Planning, Perpetual Inventory, AR, AP, General Ledger, Fixed Assets).Proficiency with Microsoft Office including Excel, Word, and Outlook.Preferred QualificationsMBA or other graduate degree.Accounting certification (CPA, CMA, etc.).ERP implementation experience.Physical RequirementsThe employee is occasionally required to sit; climb or balance; and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

Keywords: SCN BestCo, Santa Cruz , Senior Cost Accounting Manager, Executive , Santa Cruz, California