• Plant (Cost & Inventory) Accountant

    Job ID
    2018-2723
    Location
    US-VA-Front Royal
    Type
    Full-Time Regular
    Functional Group
    Accounting/Finance
    Business Segment
    Industrial Liquid Coatings
    Region
    Americas
  • Overview

    Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions.  From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our coatings are designed to prevent corrosion, increase productivity and enable the materials we coat to last longer.  With 150 years of experience in the coatings industry, the 13,000 people of Axalta continue to find ways to serve our more than 120,000 customers in 130 countries better every day with the finest coatings, application systems and technology.  For more information visit axaltacoatingsystems.com and follow us @axalta on Twitter and on LinkedIn

    Responsibilities

    The Plant Accountant will be responsible for the full financial stewardship of a given plant(s) and/or locations. They would ensure the financial integrity of the data through (but not limited too) cost center maintenance, internal order oversight, general accounting, financial reporting, auditing and project management. They will be responsible for the financial accuracy of inventory and cost accounting.


    Job Responsibilities

     

    Run and track expense allocations

    • Maintain cost centers and process/internal orders
    • Develop Variable and Fixed splits, price calculations and activities revaluations
    • Review costs variances for all products manufactured on site
    • Prepare cost estimates for new product formulations
    • Analyze process order variances to ensure that production information is recorded correctly and resolve any issues

    Ensure proper month end processing cut off and continuing to improve the process

    • Perform all month end tasks and ensure that process orders/cost centers are financially settled and closed
    • Work closely with other areas of the business and corporate functions (HR, Corporate Accounting & Finance, Financial Planning and Analysis, Tax, IT, Legal) to ensure all expenses are properly accrued each month-end and all issues are resolved in a timely manner
    • Calculate accruals and ensure manual journal entries are processed correctly in SAP each month-end close
    • Review Cost Centers / GL balances for accuracy on a strict deadline
    • Manage received not billed, property tax, sales tax and other balance sheet reserves

    Preparation, review, analysis and presentation of the monthly financial performance.

    • Develop monthly forecast of standard operating costs for the remaining year 
    • Analyze and provide meaningful commentary around cost centers variances to budget, forecast, and prior year monthly for current month, year to date and full year
    • Utilize business acumen to provide insight to capital projects and other site initiatives
    • Update month-end summary reports – product costing, inventory, operations reporting, cost centers and assist in all forecasting and budgeting activities
    • Troubleshoot any issues that may arise and provide ad hoc work to support corporate initiatives, local team, projects and system upgrades/changeovers
    • Track “one-time” costs and specific project budgets and present to management as needed

    Maintains and promotes a strong internal control environment within the plant

    • Lead and participate in internal / external audits at the site, explain systems, processes, provide guidance to other control owners, managing overall site controls and answer inquiries from management and auditors
    • Identifies weaknesses and implements process improvements to close any gaps in conjunction with company policies, accounting practices and procedures
    • Maintains pertinent documentation of internal controls within the plant

    Perform other duties as assigned or required

    Qualifications

    Requirements

    • Bachelors degree with an emphasis in accounting and finance
    • 3-5 years relevant experience (cost accounting, month end closings and journal entries)
    • Strong oral, written and interpersonal skills to be successful in a fast paced environment
    • Strong computer skills - Microsoft Excel, Word, SAP
    • Strong analytical and organizational skills
    • Self-starter, dependable, adaptable, flexible and requires minimal supervision
    • Ability to work in a team environment
    • Ability to travel periodically as desired (cross border as well to Cornwall ON plant site)

    Preferred (but not required)

    • Some experience with foreign currency
    • Some experience with intercompany accounting
    • SAP experience
    • Manufacturing Accounting experience
    • Professional designation (CPA)

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