New

Accounting Manager

Vaco
$120,000.00 / yr
United States, Mississippi, Waynesboro
Sep 29, 2024
Vaco Memphis is hiring an Accounting Manager for a company in Waynesboro, MS. The Accounting Manager supports the plant with financial reporting, financial analysis and guidance for all production related accounting. Interaction with plant personnel is crucial for this position. This person will bring an innovative, and entrepreneurial mindset that will empower them to partner with senior management in the organization. The ideal candidate will be an experienced, self-starter who is a creative thinker with a deep appreciation for the need to be clear, concise and accurate in communicating the results of detailed analyses. The Accounting Manager will utilize advanced skills in financial analysis, accounting, budgeting, corporate finance, business modeling, and competitive analysis in assisting the senior managers of the company in long-term planning, decision making, and performance evaluation. Responsibilities Preparation of monthly financial statements, by maintaining journal entries and posting to G/L. Coordinate monthly close process within 3-days of month end. Responsible for planning/ coordinating plant budget activities in alignment with corporate policies and practices. Understanding the details of key business drivers and how they impact budgets and forecasts, and ensuring that budgets are accurate, comprehensive, completed on time and tied to detailed sales forecast. Reconciliation of all balance sheet accounts within 5 days of month-end. Review all reserves for reasonableness. Delivering monthly detailed analysis on plant performance, with commentary and presentation materials on Sales Analysis, Variances and Expenses. Provide detailed financial reports and analysis to local management team and work with plant manager to understand the trends and advise on interpreting the financial results impacting the plant. Actively supports plant manager with insight and analysis to enable a more profitable facility. Develop variance reports enabling plant management team to focus on process improvements resulting in improved efficiencies. Conduct variance analysis compared to budget, forecasts and prior periods. Continuously monitor plant activity with daily dashboard focusing on bookings, sales and inventory, variance analysis. Provide timely responses to the frequent ad-hoc analysis needed by the plant manager and management team. Anticipate variances based on analysis of current trends and production, be proactive in monitoring strategic goals of variance reductions, and cooperate with plant management to develop alternative strategies in the face of challenging results. Reviews and determines root cause for all line items in the trial balance. Proactively identifies manufacturing cost trends that impact the financial results. Compile and review data in preparation of annual standard cost roll up. Implement strong internal controls for all business functions. Coordinate and participate in inventory control initiatives to ensure inventory is reported accurately. Work with Management Team to further identify, report and analyze operational key performance indicators (KPI's) that drive financial results in each plant. Oversee the development of capital expenditures and analyze capital spending projects. Monthly monitor of asset capitalizations and yearly review of asset disposal for all plants. Drive positive change in process and procedure for better efficiency. Manage and develop processes and controls to ensure accuracy of reported information. Lead periodic financial training reviews between production management teams to ensure full understanding of compliance with financial policies as well as to identify improvement opportunities for top challenges. Compiles data, prepares reports, and filing of yearly property tax returns and other state-mandated filings. Education and Experience: Requires bachelor's degree major in Accounting/Finance. A minimum of 5-10 years of dynamic experience in leadership roles with Finance, Accounting, or financial data analytics and reporting. Experience in the Manufacturing Industry (chemicals, formulation petrochemicals or refining Strong analytical and technical skills Excellent oral and written communication skills Knowledge of Sage and JDEdwards. Superior knowledge of US GAAP accounting principles and practices, management accounting and related analytical concepts, as well as corporate finance. Proven ability in building analytics and models and identify key drivers. Experience working in a sophisticated multi-ERP system environment. Advanced Excel, PowerPoint, financial modeling, and analytical skills. Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco also wants all applicants to know their rights that workplace discrimination is illegal. By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.