Cost Accountant

Hood Packaging Corp; Arden Hills (MN); On-site; USD 68,000 - 75,000; Full time

Benefits offered by this job

Retirement Plan

Life Insurance

Employee Assistance Program

Short- and Long-Term Disability

Tuition Reimbursement

Paid Holidays

Paid Vacation

Professional Development

Job summary

Hood Packaging Corporation is seeking a Cost Accountant for its Arden Hills, MN location. The role focuses on calculating and tracking operating costs, analyzing cost drivers, and improving cost practices across labor, materials and overhead.

The cost accountant will manage standard costing, monitor inventory accounts, assist with month-end close, and support budgeting and reporting requirements while adhering to SQF and GMP standards.

Qualifications

• Degree (4yr) in business or accounting; 1-3 years in an MRP environment OR 2-year degree with 5-7 years in an MRP environment.
• Professional accounting designation or working towards one.

Responsibilities

• Act as sole custodian of the standard costing system.
• Analyze actual costs against standard costs and recommend actions.
• Calculate machine hour, direct labor, burden and overhead rates for cost formulation.
• Ensure integrity of costing data and timely job close procedures.
• Maintain routings and structures in MFG/PRO with Product Maintenance Supervisor.
• Identify issues from product attributes and report findings to Manufacturing and Marketing.

Skills

Business fundamentals

Analytical skills

Excel

Detail oriented

Education

Four-year degree in business or accounting

Accounting designation or pursuing one

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Cost Accountant

Active Full-time Arden Hills, MN, US 2 Attachments

Salary Range: $67,630.00 To $75,140.00 Annually

HOOD PACKAGING CORPORATION

Hood Packaging Corporation offers an environment that encourages innovation and delivers creative solutions for our customers!

EXCELLENT BENEFIT OPTIONS

• Retirement Plan


• Life Insurance


• Employee Assistance Program


• Short- and Long-Term Disability


• Tuition Reimbursement


• Paid Holidays


• Paid Vacation


• Professional Development

POSITION

Hood Packaging Corporation is seeking an experienced Cost Accountant for ourArden Hills, MN location.

SCOPE OF POSITION

The Cost Accountant is responsible for calculating and tracking operating costs such as labor, raw material, overhead, inventory etc.; analyzing changes in product design, raw materials, manufacturing methods etc., to determine the effect on costs; comparing factors affecting prices and productivity; preparing ad-hoc summaries and variance reports; as well as implementing related cost accounting policies, systems and procedures.

FUNCTIONAL RESPONSIBILITIES

• Act as sole custodian of the standard costing system.


• Analyze actual costs to standard costs and make the appropriate recommendations


• Calculate machine hour, direct labor, burden, and overhead rates to be used in standard cost formulation.


• Ensure integrity of costing data.


• Manage the job close procedure within the required time frame in order to ensure accurate and timely information.


• Ensure integrity of routings and structures in MFG/PRO in conjunction with the Product Maintenance Supervisor.


• Formulate and apply transfer pricing policy as required.


• Identify problems arising from product attributes and report findings along with recommendations to the Manufacturing and Marketing departments.


• Monitor inventory accounts for irregularities and report low, excessive, or aged levels to the Purchasing Manager.


• Ensure integrity of inventory accounts through reconciliation


• Review weekly financials to uncover pending problems (solve)


• Assist in month/year end financial statement preparation.


• Assist with monthly and year-end financial reporting requirements


• Assist in yearly budget preparation and data formulation.


• Facilitate development of others within the department


• Backup certain Controller functions as assigned.


• Other duties as assigned from time-to-time independent of main cycle count activity to directly monitor accuracy.


• Follows all SQF requirements and General Manufacturing Practices (GMP).

MANAGERIAL RESPONSIBILITIES

• N/A

KEY WORKING RELATIONSHIPS

• Regular contact with team members in Engineering, Production, Marketing, Sales, Plant Controllers, and other accounting staff on matters relating to his/her responsibilities and duties.


• Maintain contacts with professional societies and keep current on latest best practices.

FUNCTIONAL REQUIREMENTS

• Regular use of computers, telephones & misc. office equipment


• Ability to organize complex tasks and meet deadlines


• Ability to work independently

PHYSICAL DEMANDS

• Ability to sit, stand and walk frequently.


• Moderate time is spent on the plant floor. Uneven walking surfaces. Hazards are those normally associated with a Plant position and include noise levels above 85 decibels, warm building temperature during mid-summer months.


• Personal and product safety requirements for the plant include hearing protection, safety glasses, safety shoes and hairnets.

WORK ENVIRONMENT

• Office and Plant

QUALIFICATIONS – EDUCATION AND EXPERIENCE

• Degree (4yr) in business or accounting and 1-3 years’ experience in a MRP environment OR 2-year degree and 5-7 years’ experience in a MRP environment.


• Professional accounting designation or working towards a designation.

QUALIFICATIONS – SKILLS

• Solid understanding of business fundamentals


• Strong analytical skills


• Proficient in Microsoft Word and Excel


• Detail oriented

Please review the attachments for more information about the position and benefits.

Hood Packaging Corporation is an equal opportunity employer and considers applications for all positions without regard to race, gender, religion, national origin, age, marital or veteran status, the presence of non-job-related medical condition or handicap, or any other legally protected status.