Senior Cost Accountant at Rich Products Corporation

Posted in Accounting 2 days ago.

Type: Full Time
Location: NILES, Illinois





Job Description:

Rich's, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, our products are used in homes, restaurants and bakeries around the world. Beyond great food, our customers also gain insights to help them stay competitive, no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods, among others. Working in 100 locations globally, with annual sales exceeding $4billion, Rich's is a global leader with a focus on everything that family makes possible. Rich's-Infinite Possibilities. One Family.



Purpose Statement

As a Senior Cost Accountant you will directly and actively support the accurate development, maintenance, and fiscal reporting of manufacturing costs for the division, which consists of two separate processing facilities, in accordance with financial guidelines.




Key Accountabilities and Outcomes


  • Lead and provide direction to accounting group at the location.

  • Develop direct and indirect standard costs by product for materials, labor and manufacturing overhead.

  • Perform required system maintenance to set-up new raw material items and finished products.

  • Review PPV reports and research purchases to ensure accurate PPV reporting.

  • Update standard material costs on a monthly or quarterly basis.

  • Prepare timely and pertinent cost variance reports and make recommendations or take action on items as needed.

  • Partner with operational management to improve controls, accuracy and quality of manufacturing costs and resolve extraordinary variances.

  • Direct monthly finished goods inventory cycle counts and perform data entry of physical counts.

  • Analyze and report on inventory variances of raw materials and finished goods.

  • Prepare accurate cost estimates for new and/or existing products on request.

  • Participate in the monthly fiscal accounting closing process - prepare and enter journal entries and prepare and distribute operational statements.

  • Contribute pertinent cost analysis associated with the annual budgeting process.

  • Complete bank and balance sheet reconciliations as assigned.

  • Assist in the preparation of audit lead schedules and the annual audit package.

  • May travel occasionally


Knowledge, Skills, and Experience


  • Bachelor's degree in Accounting or Finance

  • Senior level cost accounting experience in a manufacturing environment

  • Knowledge of GAAP and ethical standards associated with confidential and fiduciary responsibilities

  • Previous experience using SAP financial software a plus

  • Excellent interpersonal and communications skills. (verbal and written)

  • Strong PC skills, proficiency with Windows, MS Office Suite (Excel, Word, PowerPoint)


#LI-BE2


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COMPENSATION


In accordance with state law, the rate or range provided is Rich Products Corporation, its subsidiaries and affiliates ("Rich's"), reasonable estimate of the base compensation for this role. The actual amount may be higher or lower, based on non-discriminatory factors such as experience, knowledge, skills, abilities, shift differential, and location.



Annual Range/Hourly Rate


$78,984.44-$106,861.30






Rich Products Corporation, its subsidiaries and affiliates ("Rich's"), are committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, gender identity, sexual orientation, marital status or any other legally recognized protected basis under federal, state, or local law. The information collected by this application is solely to determine suitability for employment, verify identity, and maintain employment statistics on applicants.



Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on Rich's. Please contact Rich's Human Resources department at hrhelp@rich.com if you need assistance completing this application or to otherwise participate in the application process.


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