Director - Cost & Inventory

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Role: Director, Cost and Inventory
Position Overview:
As a Director, Cost and Inventory in a shared services environment, you will be responsible for overseeing and managing accounting aspects of costing and inventory for multiple plant locations. 

Responsibilities:
Cost Accounting:

• Ensures calculation and review of relevant accruals and reserves, such as obsolete and slow-moving inventory, freight and other related accruals.
• Perform period end close – absorption accounting, PPV capitalization, variance analysis. 
• Maintain / set up annual standard costing systems for plant locations.
• Analyze actual costs versus standard costs, identify variances, and provide explanations and recommendations to management.
• Collaborate with finance teams at each plant location to ensure consistent costing practices and policies.
• Manage the month-end close process, ensuring all account reconciliations are performed. 
• Support internal and external audits and compliance to accounting standards.
• Prepare and present consolidated financial reports, including cost analysis and inventory valuation.

Process Improvement:

• Identify areas for process improvement in a shared services environment and develop and implement solutions.
• Collaborate with cross-functional teams to streamline processes and enhance efficiency.
• Stay updated on industry best practices and technological advancements in cost accounting within a shared services model.

Qualifications:

• Fully qualified Cost Accountant, CMA or MBA (Finance) with 12-15 years of relevant experience in accounting for manufacturing locations.
• Proven experience as plant accountant, cost accounting and inventory management, preferably within a shared services or multi-plant environment.
• Flexible to work in regional shifts during.
• Strong knowledge of cost accounting principles, inventory valuation methods, and financial analysis.
• Experience working with ERP systems and advanced MS Excel skills for data analysis and reporting.
• Excellent analytical skills with attention to detail and accuracy.
• Strong communication and interpersonal skills to collaborate with cross-functional teams and present complex information in a clear and concise manner.
• Ability to multitask, prioritize, and meet deadlines in a fast-paced shared services environment

Diversity & Inclusion Our dedication to diversity and inclusion starts with our values. We lead with integrity and purpose, focusing on the future and aligning with our customers’ vision for success. Our High-Performance Culture ensures that we have the best talent that is highly engaged and eager to innovate.  Our D&I mission elevates each employee’s responsibility to contribute to our culture. It’s through these contributions that we’ll drive the mindsets and behaviors we need to power our customers’ missions. You have the power. You have the voice. You have the culture in your hands.