Plant Accountant

Indiana Ag Connection; Indianapolis, Northern (IN, KY); Hybrid; USD 70,000 - 93,000; Full time

Benefits offered by this job

Total Rewards Package

Flexible Work Arrangements

Tuition Reimbursement

Employee Discount Program

Job summary

Ingredion in Indianapolis is seeking a Plant Accountant to manage month-end, forecasting, and variance analysis, ensuring accurate financial reporting and compliance. You'll partner with operations to monitor costs, perform inventory reconciliation, and support internal controls and audits, contributing to cost efficiencies and strategic decision-making in a hybrid work environment.

Strong communication with cross-functional teams and adherence to Sarbanes-Oxley controls are essential as you

Qualifications

• Bachelor's Degree in Accounting or Finance required.
• 0-3 years relevant experience.
• Demonstrated understanding of basic accounting concepts in manufacturing environments.
• SAP experience preferred.
• Manufacturing experience preferred.
• Ability to prioritize and meet deadlines.
• Strong verbal and written communication skills.

Responsibilities

• Financial Management & Reporting: prepare and review month-end, quarter-end, and year-end reporting; forecast mid-month to assess performance; manage budgeting and accruals; ensure accurate revenue, expenses, and liabilities.
• Forecasting/Budgeting: collaborate cross-functionally with plant partners to prepare monthly forecasts and budgets; review monthly reconciliations to ensure internal controls are followed.
• Inventory Management & Reconciliation: perform inventory reconciliation, monitor movements, and analyze costs/variances for decision-making.
• Audit & Compliance: conduct Sarbanes-Oxley testing; coordinate with internal/external auditors; maintain internal controls and BPPs.
• Operational Support & Cost Analysis: provide financial insights to drive cost efficiencies and strategic decisions; analyze production costs, labor, and overhead.

Skills

Problem solving

Communication skills

Prioritization

Education

Bachelor's Degree in Accounting or Finance

Tools

SAP

MS Office

Job description

About Ingredion:

Join Ingredion, where innovation impacts lives worldwide! Without even realizing it, you've experienced our work in your favorite chocolate, your pet's food, the paper you write on, and your everyday snacks. As a global powerhouse across more than 60 industries, we harness the potential of natural ingredients to transform lives. Whether you're just starting your career or bringing years of experience, there's a place for you here to make a real difference. Be part of our team that values a wide range of perspectives and is committed to shaping a better world with every product we create.

Location: Indianapolis Plant - Indianapolis, IN

Workplace Type: Hybrid

As the Plant Accountant you will perform activities in accordance with established principles and standards to control the organization's financial resources and ensure that it complies with all relevant regulations, laws, and reporting requirements. May provide daily guidance to clerks. Impact and Contribution determined by complexity of activities performed and experience required for job. This role reports to the Lead Accountant - T&HS US/CAN.

What you will do:

• Financial Management & Reporting - This is inclusive of the preparation and review of accurate and timely month-end, quarter-end, and year-end reporting. Prepare and analyze mid-month forecasts to assess financial performance and identify trends. Conduct month-end financial reporting, ensuring accuracy in revenue, expenses, and variances. Manage budgeting processes, collaborating with operations to develop and monitor cost projections. Oversee accruals and financial analysis to ensure accurate recognition of expenses and liabilities.
• Forecasting/Budgeting - Work cross-functionally with business partners and internally within a Texture & Healthful Solutions' plant (i.e., corn manufacturing plant) and monitor trends to prepare monthly forecasts and periodic budgets over plant specific spending. Prepare and review monthly account reconciliations in a timely manner to ensure internal control policies are being followed.
• Inventory Management & Reconciliation - Perform inventory reconciliation by comparing physical counts with system records, identifying discrepancies, and implementing corrective actions. Monitor inventory movements, ensuring proper accounting and valuation for raw materials, work-in-progress, and finished goods. Analyze inventory costs and variances, supporting decision-making for cost control and efficiency improvements.
• Audit & Compliance - Perform monthly, quarterly, and annual Sarbanes-Oxley testing. Work with internal and external audit teams providing requested documentation pertaining to related work. Drive cohesive financial strategies while maintaining robust internal controls and compliance. Ensure Business Process Procedures (BPP's) are written and current for all job functions and that they comply with internal control policies. Coordinate periodic inventory audits, ensuring compliance with accounting standards and company policies. Maintain compliance with internal controls, financial regulations, and industry best practices. Support year-end audit procedures by preparing documentation, addressing auditor inquiries, and ensuring accurate financial reporting.
• Operational Support & Cost Analysis - Assist plant leadership with financial insights to drive cost efficiencies and strategic decisions. Conduct variance analysis on production costs, labor, and overhead, recommending process improvements. Collaborate with cross-functional teams to enhance financial reporting accuracy and operational effectiveness.

Agility and Innovation

• Analysis - Perform analyses for T&H Plant to proactively identify and communicate yield and production reporting issues. Resolve reporting issues as they arise and communicate to leadership any discrepancies noted.
• Account Analysis - Perform analyses on T&H various spending accounts to proactively identify and communicate spending issues. Review accounts periodically to ensure appropriate spend is allocated to the correct general ledger account and cost center. Collaborate and address with Operations to any key concerns around expense reporting.
• Ad-Hoc - Willing to work on special projects focused on accounting, financial analysis, financial forecasting, financial reporting, and tolling (operational efficiency/standardization of processes) as required.

Relationships and People

• Develop Relationships - Build and maintain collaborative relationships across all units and functional managers for T&HS Plant(s) all while ensuring accurate and timely reporting of plant(s) performance. Build and maintain collaborative relationships with Finance team(s).

What you will bring:

• Bachelor's Degree in Accounting or Finance required
• 0-3 years relevant experience
• Demonstrated understanding of basic accounting concepts and theories used in the manufacturing and business environments
• SAP Experience preferred
• Manufacturing Experience preferred
• Ability to prioritize and meet deadline requirements
• Inventory understanding
• Proven verbal and written communication skills with the ability to communicate to various levels within the organization
• Proven proficiency in the use of MS Office (i.e., Excel, Word, PowerPoint)
• Ability to travel as necessary

Who you are:

• Demonstrates initiative and possesses strong problem-solving abilities
• Exhibits prioritization and organizational skills with the ability to work within deadlines
• Collaborates with peers and others
• Embraces change and is open to innovative ideas and approaches

Why Join Ingredion?

• Total Rewards Package - Competitive salary and performance-based pay recognizing your contributions to our success
• Comprehensive Benefits & Wellness Support - Health, long-term savings, and resources for your physical, mental, and emotional well-being
• Flexible Work Arrangements - We value flexibility to support you both professionally and personally
• Career Growth - Learning, training, and development opportunities, including tuition reimbursement
• Employee Recognition Program - A culture of real-time appreciation, with personalized recognition rewards globally
• Employee Discount Program - Provides exclusive discounts on everyday products, services, and travel

We are an equal opportunity employer and value diversity at our company. Ingredion seeks to provide a work environment that is free from harassment and discrimination. We will not tolerate any form of discrimination based on race, color, religion, age, gender, gender identity, gender expression, national origin, ancestry, handicap or disability-mental or physical-marital status, sexual orientation, veteran status, disability resulting from military service, or any other classification protected by law (protected classifications). We are committed to establishing and maintaining a work environment where everyone is treated with dignity and respect.

Ingredion provides accommodations to job applicants with disabilities throughout the hiring process. If a job applicant requires an accommodation during the application process or through the selection process, we will work with the applicant to meet the job applicant's accommodation needs.

Ingredion uses AI-enabled tools to support parts of the recruitment process, including resume screening and interview scheduling. These tools help match candidate skills to job requirements and streamline communication. All AI-assisted decisions are reviewed by our Talent Acquisition team to ensure fairness and compliance with applicable laws. By applying, you acknowledge that AI may be used to support your application journey.

Relocation Available:

No

Pay Range:

$69,800.00-$93,066.67 Annual

This pay range is not a guarantee of compensation or salary. Final base salary will be determined based on several factors which may include but are not limited to responsibilities of the job, education, experience, knowledge, skills, and abilities, as well as internal equity, alignment with market data and applicable bargaining agreement (if any).

Incentive Compensation:

As a part of the total compensation package, this role may be eligible for the Ingredion Annual Incentive Plan or a role-specific commission/bonus.

Benefits:

Full-time roles are eligible for our comprehensive benefits package which includes medical, dental and vision coverage as well as a 401(k) plan with an competitive company match.