Sr. Cost Accountant

HELP US BRING THE GIFT OF HEALTH TO LIFE.

Working at Pharmavite is an experience like no other. With a focus on complete nutrition for all, each endeavor is urgent and every day counts. You'll have the opportunity to work on the #1 selling national vitamin and supplement brand, Nature Made, as well as an exciting portfolio of other products that are shaping the future of the healthy living industry. Consumer-driven innovation, high quality products and a promising portfolio, all driven by a team with a shared sense of purpose -- that's Pharmavite. Join us to bring the gift of health to life.

Sr Cost Accountant

New Albany, Ohio

Position Summary:

The Sr Cost Accountant will apply principles of cost accounting to ensure the integrity of cost data, and statistical procedures to administer systems and report cost data, such as product standard costs, material and manufacturing variances, and daily production results.

Periodic financial support to operations management for process analysis and improvement efforts, resource use and allocation for effective decision-making process.

Responsibilities:

• Reconciles inventory transactions and prepares monthly journal entries as needed.

• Identify opportunities to increase efficiency in month end close process.

• Prepares and analyzes monthly material and manufacturing variances, inventory reserves, inventory movement, costs of sales, and system cost flows; evaluates existing cost system reporting; investigates and resolves discrepancies in cost and variance data.

• Maintains and monitors standard costs on a daily and monthly basis; provides feedback to Procurement to facilitate changes to purchased standards.

• Designs and prepares monthly Operations Financial Performance Package

• Assists in meeting the requirements of interim and annual internal/external audits.

• Support quarterly forecasting process and annual budget preparation.

• Perform in depth analysis of work order variances such as rework, scrap, and material yield/usage variances.

• Develops operational cost analyses and new methods to enhance accuracy of standard cost through process/system improvements.

• Supports the Operations group goals of process improvement through system driven financial or capacity modeling analysis.  Creates feedback mechanism for their review for continuous process improvement.

• Creates cost/benefit analyses and financial justifications to support critical business analysis.

• Work with operations to reduce inventory aging, improve turnover, and mitigate write-off risk.

Minimum Qualifications:

Education:

Requires a four-year college or university degree or its equivalent in accounting or business related field.

Certification:

None.

Experience:

Requires two to five years experience in Cost Accounting, financial modeling, and analysis in a Manufacturing environment.

Knowledge/Skills/Abilities:

• Competent knowledge in cost accounting, inventory control, general accounting principles.

• Experience with ERP systems.

• Experience in JDEdwards, Oracle or other related ERP system.

• Proficient in Microsoft Excel and Power Point.

• Exposure to lean methodologies and continuous improvement principles a strong plus

• Excellent human relation skills required.

Physical Requirements:

General office environment, ability to sit for long periods of time.  Ability to move about an office.

Environment:

Exposure to disagreeable elements is limited.

Safety:

The incumbent must be able to perform this job safely without endangering the health or safety of self or others.

Supervisory Responsibility:

None.

OUR OFFER

Here, career paths aren't predefined, and bureaucratic limitations don't exist -- you have the opportunity to grow, learn from industry pioneers, and develop the way you want to. Pharmavite is investing more in the development of our team -- to help us deliver on our purpose and help you achieve your career aspirations. Our environment is geared to fuel curiosity, encourage experimentation, and g