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Senior Cost Accountant

Location: Bayonne, NJ, United States

Job Function: Finance

Req Number: 460

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Description

We are a global leader in food & beverage ingredients. Pioneers at heart, we operate at the forefront of consumer trends to provide food & beverage manufacturers with products and ingredients that will delight their consumers. Making a positive impact on people and planet is all part of the delight. With a deep-rooted presence in the countries where our ingredients are grown, we are closer to farmers, enabling better quality, and more reliable, traceable and transparent supply. Supplying products and ingredients at scale is just the start. We add value through our unique, complementary portfolio of natural, delicious and nutritious products. With our fresh thinking, we help our customers unleash the sensory and functional attributes of cocoa, coffee, dairy, nuts and spices so they can create naturally good food & beverage products that meet consumer expectations. And whoever we’re with, whatever we’re doing, we always make it real. 
 
Position Summary
 
Reporting to the Plant Controller, Spices Private Label Olde Thompson, the Senior Cost Accountant will be responsible for supporting the monthly financial closing, analysis, reporting, forecasting, and budgeting processes for the Finance team. They will support manufacturing locations in Oxnard, CA & Bayonne, New Jersey.  They will be responsible for the coordination and collaboration with internal and external stakeholders in a timely and efficient manner. The ideal candidate will possess great attention to detail and data analysis experience to be successful in this role. They must be able to prioritize and complete multiple projects on strict deadlines.
 
Position Responsibilities
  • Plant Standards – Creation and maintenance of plant product/production standards including standard cost estimates, product set-up costs, Bill of material maintenance, conversion costs, creation of cost centers, indirect cost and overhead allocations and all other standard cost related activities.
  • Reporting and Analysis – Publishing and reconciliation process order/work order variance throughput, source of loss, downtime, and margin analysis. Driving preparation of Key Performance Indicator (KPI) Dashboard.
  • Forecasting and Budget – Lead annual review of production standards with plants and leadership to ensure cost management, optimization, full fixed and variable absorption, and product/customer margin. Coordinate annual standards based on cost budget, production and sales plans.
  • Working Capital – Manage perpetual inventory quantities and values, monitor cycle and/or physical inventories, and reporting and analysis of variances.
  • Prepare variance analysis of operational costs in whole dollars and in per unit.
  • Perform ad hoc analysis as needed.
  • Perform other duties as assigned.
 
Position Requirements
 
  • Bachelor’s degree in Accounting, Finance, or related field is required.
  • Five (5) years of finance experience is required.
  • Excellent communication skills both written and verbal is required.
  • Proficient skills in Microsoft Office Suites are required.
  • Excellent teamwork, relationship building, and coordinative skills; must be able to work with diverse team across geographies is required.
  • Familiar with modern ERP systems. Plex or SAP a plus.
  • Familiar with business intelligence and consolidation tools (PowerBI, Tableau, BPC, Cognos, or similar) is highly preferred.
  • Ability to be a self-starter, comfortable developing tools and processes to bring clarity to complex situations is required.
  • Ability to handle multiple tasks accurately and meet deadlines in a fast-paced environment is required.
  • Ability and willingness to travel up to 20% of the time is required.
 
Note: This job description is not intended to be all-inclusive. Employees may perform other related duties as negotiated to meet the ongoing needs of the organization. 
  
ofi provides equality of opportunity for all persons with respect to hiring without discrimination on the grounds of race, color, religion, national origin, sex, pregnancy, age, disability, veteran status, or sexual orientation. All employment will be decided on the basis of qualifications, merit and business need. If you need assistance or an accommodation due to a disability, you may contact us for support at: [email protected] 
 
At ofi, we celebrate our diversity. Olam Americas Inc. is proud to be an equal opportunity workplace.  
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