Plant/Senior Cost Accountant

AO Smith - McBee, SC (30+ days ago)3.9


About Us

Water technology is one of the fastest-growing industries in the world, and, as a leading global water technology company, A. O. Smith Corporation is at the center of the trend. We are a $3 billion company with 143 year history and more than 16,000 employees worldwide. Our emphasis is on hot water and clean water; we are one of the world’s largest manufacturers of residential and commercial water heating equipment as well as a supplier of water purification products in a number of emerging countries.

With manufacturing operations in the United States, Canada, Mexico, China, India, and Europe, A. O. Smith has the global reach to serve customers worldwide. We have sales and distribution in more than 60 countries around the world. A. O. Smith is committed to continuous improvement, not just in its factories and its processes, but in its people. It values people who are able to analyze problems and take rapid, decisive action. For more information regarding A. O. Smith, visit our website at www.aosmith.com.

Our McBee, SC facility is located a commutable distance from Charlotte, NC or Columbia and Florence, SC. It supports our commercial water heater design/production and has a history of consistent & sustainable long-term growth.

Primary Function

Partner with our manufacturing operations and corporate finance groups to assure the production of timely and accurate financial reporting and analysis.

Responsibilities

Review, analyze and interpret results of operations, identify financial and operational issues and make recommendations for change.
Support the financial reporting process and ensure timely and reliable reporting.
Examine, analyze and interpret production variances for manufacturing and financial management including material, labor, and overhead variances.
Partner with Operations group to proactively ensure proper procedures are established and followed.
Manage and control annual standard cost roll, including analysis of material and freight costs, bill of materials, routings, labor and overhead rates.
Participate in preparation of monthly forecast, including purchase price variance, material usage variance, steel usage variance, ECN variance, scrap, earned variable and fixed burden.
Participate in preparation of annual budget, including material cost variances, variable and fixed expenses, direct labor, inventory, and capital expenditures.
Review and perform analysis on labor reporting and cost, materials cost, manufacturing overhead, and inventory levels.
Control the inventory turns activities and presents results reports on a monthly basis.
Coordinate annual physical inventory process.
Provide analysis for cost reduction initiatives.
Analyze and accurately report current month’s financial results to the plant.
Analyze internal controls to ensure assets are adequately safeguarded and results are accurately reported and documented according to SOX 404 requirements.
Ensure adherence to Generally Accepted Accounting Policies.
Work closely with the external and internal audit groups to ensure timely completion of the compliance and substantive testing as required.
Support strategic plant and company initiatives and special projects.
Champion and model the A.O. Smith Guiding Principles, Code of Business Ethics and Values.
Qualifications

B.S. in Accounting or Business Administration; MBA preferred
5-10 years of accounting experience in a manufacturing environment
Experience calculating overhead rates and analyzing and interrupting labor and material production variances.
CPA or CMA highly preferred
Expertise in accounting functions to include general accounting, accounts payable, inventory accounting, cost accounting, bill of materials and routings analysis, fixed asset/CWIP accounting, payroll, month end close, financial planning and business analysis.
Strong analytical skills, with ability to clearly link financial results to operational performance drivers
Ability to clearly communicate complex financial information in an easy to understand manner.
Demonstrated leadership as part of a cross-functional plant management team.
Strong planning and organizational skills.
High level of proficiency in PC spreadsheets and ERP/MRP systems.
Demonstrated proficiency in GAAP, SOX and other financial compliance standards.
Prior experience with lean, six sigma, and SAP
Internal or external audit experience a plus
Strong influencing and communication skills.
Demonstrated understanding of ERP/MRP systems, hardware, and reporting conventions.
We Offer

Competitive base salary and comprehensive benefits plans which include medical and dental insurance, company-sponsored life insurance, retirement security savings plan, short- and long-term disability programs and tuition assistance.