Plant Cost Accountant
: Job Details :

Plant Cost Accountant

We currently have an opening for a Plant Cost Accountant at Avancez-Harper Woods

Our goal is to promote the most qualified team member for the job.

Primary Job Responsibilities

* Manage customer invoicing activities for component material, supply chain, value-added services, and miscellaneous spot buys.

* Monitor inbound component material contract communication for pricing and ensure pricing updates are performed simultaneously and accurately for both the customer and the supplier in ERP system.

* Analyze price changes and identify the need for retro price updates:

* Ensure supplier retro adjustments align with customer retro adjustments. Coordinate required supplier adjustments with accounts payable and purchasing to ensure timely recovery to/from suppliers. Compare sales transaction history to customer pricing adjustments and work with purchasing and customer on any invoicing discrepancies to pursue recoveries.

* Ensure customer labor value add retro adjustments are processed timely.

* Monitor freight and supply chain related costs compared to revenue billed. Support Finance and Supply Chain teams with financial analysis and recommendations.

* Manage customer payment discrepancy resolution for component material, supply chain and value-added services contracts.

* Perform product structure cost rollups for all BOMs (Bill of Material) if/as required.

* Support recovery for obsolete inventory with Materials and Supply Chain teams.

* Review scrap activity and impact on inventory with Materials and Supply Chain teams.

* Reconcile related general ledger accounts for inventory, supply chain, customer and supplier price adjustments.

* Provide support to the Materials team for physical inventory and cycle count programs as required. Ensure internal controls are functioning as designed.

* Follow up on variances from cycle count and physical inventories with the Materials team to ensure proper adjustments to inventory were made and corrective actions in place to avoid future variances.

* Understand ERP system transactions relating to component material flow, how inventory valuation impacts P&L reports, and review system for proper treatment.

* Work with other functional areas in connection with material ownership processes to ensure transactions are processed correctly, efficiently, and discrepancies are resolved timely.

* Identify and implement continuous improvement initiatives.

Expectations

* Have extensive knowledge of the material ownership environment

* Participate in Engineering Change meetings and support financial related activities

* Understand and utilize the customer supplier portals for areas of responsibility and participate in available ongoing training opportunities

* Maintain proper inventory costs and sales prices in ERP system

* Reconcile payments to sales transactions using Recon Tool, as needed

* Monitor shipment quantities to payment quantities

* Utilize tools to analyze transactions and make improvements where necessary

* Manage component material, freight, supply chain, and value-added services adjustments

* Facilitate all retro price adjustment processing for suppliers and customers

* Provide price update support to purchasing and materials

* Understand all ERP setups related to inventory and Global Tax Management, i.e., Item master maintenance, Sales & PO Orders, inventory costing, ASN's, Material Shipment Receipts, etc.

* Setup, train, and troubleshoot for ERS (Evaluated Receipt Settlement) system

* Support Finance, Commercial, Materials, and Supply Chain requests regarding inventory, freight, invoicing, etc. activities

* Recommend and implement cost savings measures to streamline processes

* Organize and participate in special projects as needed

Qualifications and Experience

* Bachelor's degree (in Accounting/Finance preferred)

* Minimum five years of prior accounting experience in a manufacturing environment, emphasis in cost accounting

* Strong knowledge of ERP (QAD) applications, primarily Financial and Material modules

* Advanced computer skills with Microsoft Office, especially Excel

* Proven analytical, root cause and critical thinking skills, including ability to successfully perform independent, in-depth analysis and generate concise conclusions

* Strong organizational skills with high attention to detail and quality

* Ability to work in a fast paced, dynamic environment with competing priorities and demanding project deadlines

* Strong written, verbal and interpersonal communication skills

* Ability to manage multiple projects at one time and communicate issues/solutions timely and concisely

* Demonstrate integrity and confidentiality

* Strong people skills, including the ability to interact effectively with all levels of the organization

* Goals oriented and works well both independently and in a team environment

* Natural instinct to look for more efficient ways to do things and eliminate waste in our processes

Traits/Values

* Hope: The quality of possessing and adhering to positive, optimistic expectations of future events

* Trust: Confidence in one another

* Compassion: The quality of an understanding of another's challenges

* Justice: Concern for fairness

* Wisdom: The quality of having good, sound judgement

* Courage: Strength in the face of adversity

BENEFITS:

* Blue Cross Blue Shield Medical

* Delta Dental VSP

* Vision

* 401k Matching

* Tuition Reimbursement

* Paid Time Off

* Employee Assistance Program

* Additional Competitive Benefits