Senior Cost Accountant (Supply Chain)

Company Description

Watch here to see what it's like to work at Red Wing Shoe Company.

Red Wing Shoe Company is based in Red Wing, Minnesota, just 40 minutes from St. Paul, where our corporate office sits along the Mississippi River in downtown Red Wing.  We are a global company with 2300 employees around the world, but we maintain a close-knit family atmosphere that comes with being a privately-held company. We’re rich in history and tradition, but innovation drives us to deliver best-in-class product solutions and highly rated customer experiences.  Focus on our employees and company culture results in meaningful employee engagement across the organization. Our Guiding Behaviors of Living our Values, Honoring our Brands, Inspiring our People, Centering on our Customers, and Preserving the long term success and legacy of our Company are the foundation on which we build our future.

Our comprehensive benefits package for full-time employees includes medical, dental, and vision coverage, along with health savings and flexible spending accounts, life and disability insurance, generous paid time off and holidays, a 401(k) match, employee discounts, and valuable well-being benefits like free EAP services, financial planning assistance, and well-being coaching all designed to support your health and financial security.

The targeted hiring range for this full-time position is $70,000 - $100,000 depending on qualifications; however, the expanded salary range provides opportunities for advancement. Our salary ranges are determined by role, level, and job location. Within the range, individual pay is determined by factors including job-related skills, competencies, experience, and relevant education, training or a combination of these things and market demand. Your recruiter can share more about the specific salary range and benefits for your location during the hiring process.

Job Description

The Sr. Staff / Cost Accountant is responsible for the overall accuracy of inventory valuation and Cost of Goods Sold within their area of responsibility.  As a key member of the Supply Chain Finance team, this position will serve as a Business Finance Partner to Manufacturing, Materials, Engineering and Product Creation. In addition to Supply Chain Partnerships, this position will also interface with Corporate Accounting to ensure financial and business processes and controls are performing as designed.

This position requires employees to be on-site at our Red Wing, MN facility Monday through Thursday and will be remote on Fridays. 

PRIMARY RESPONSIBILITIES:

• Lead standard cost activities to support the Annual Cost Roll, New Product Costing and Engineering Change Request (ECR) changes.  Prepare accurate product costs based on Bill of material (BOM) structure as needed.
• Partner with Product Creation and Manufacturing (if applicable) to streamline and improve the costing process, including RFP Development, to ensure timely completion.
• Perform complex reconciliations, research and root cause analysis of transaction differences and errors in a timely manner through data mining, detail analysis and research.  Prepare and process correcting journal entries to ensure all inventory / financial transactions are properly recorded.
• Perform daily and month end close activities including variance analysis and financial review. Prepare timely, complete and accurate balance sheet reconciliations and ensure compliance with accounting policies and US GAAP.
• Support the Month-end close timelines and communicate issues.  Report actual results and communicate key business metrics while providing insightful variance analysis to various Stakeholders.
• Lead the verification and reconciliation analysis related to annual Physical Inventories.
• Actively participate on Lean Project Teams; review process flows and present collaborative improvement recommendations while also developing tracking mechanisms to ensure Accountability.
• Assist with the annual financial audit, ensuring audit support schedules are prepared and deliverables are provided timely.
• Partner with Manufacturing leaders to drive productivity while assisting, and in some cases leading, with the tracking and analysis of specific Productivity Metrics across several MFG Facilities (ex. Efficiency).
• Participate and/or lead cross-functionally within manufacturing, distribution, retail and other finance departments on projects to streamline processes and improve internal controls and compliance.  Partner to understand business initiatives and their respective impact to accounting and controls.
• Assist with special projects and accounting research as needed.
• Support business performance management initiatives.
• Assist in the preparation of the annual budget, monthly / quarter