Plant Accountant

Parker Hannifin Corporation; Woburn (MA); On-site; USD 85,000 - 141,000; Full time

Benefits offered by this job

Competitive benefits package

Annual incentive program

401(k) with company matching

Tuition reimbursement

Paid time off & holidays

Job summary

Parker Hannifin Corporation (Parker Chomerics) in Massachusetts is seeking a detail-oriented Plant Accountant to drive the financial success of our manufacturing facility. You will monitor production costs, oversee payroll and budgeting processes, and ensure accurate month-end closing and internal controls to support decision-making.

The role offers opportunities to collaborate with operations and finance teams, perform variance analysis, manage inventories and capital expenditures, and assist

Qualifications

• Bachelor's degree in business or accounting.
• MBA, CPA, CMA, CPIM, or CIA desirable.
• 2–4 years of financial/operational experience.

Responsibilities

• Cost Tracking and Analysis: Monitor and analyze production costs to ensure accurate cost accounting and budgeting.
• Month-Close Procedures: Finalize financial data and prepare statements for monthly reporting.
• Inventory Management: Oversee inventory accounting, valuation methods, and reconciliation.
• Capital Expenditure Tracking: Manage capex tracking and compliance with policies.
• Compliance and Internal Controls: Maintain internal controls to safeguard assets.
• Variance Analysis: Compare actual vs. budgeted figures and identify improvement opportunities.
• Collaboration with Operations: Work with plant management to provide financial insights.
• Audit Support: Assist audits with documentation and explanations.

Skills

Cost tracking

Month-close procedures

Inventory management

Capital expenditure tracking

Internal controls

Variance analysis

Cross-functional collaboration

Audit support

Education

Bachelor's degree in business or accounting

MBA, CPA, CMA, CPIM, or CIA desirable

Job description

Org Marketing Statement

Parker Hannifin, a Fortune 250 company, is solving the world's greatest engineering challenges and driving the future of electronics technology. Parker Chomerics is part of a world leader in the development and manufacture of high-quality products that enable engineering breakthroughs for a cleaner and more sustainable world, including thermal interface materials, EMI shielding solutions, electrical grounding products, and conductive and non-conductive injection molded plastics.

Building on 100 years in business, we strive to balance evolving our business while strengthening the communities we operate in and prioritizing our employees' well-being. We are committed to maintaining an inclusive, caring, and friendly work environment, and we support career advancement through continued education, skill development, and regional and global advancement opportunities. If you're looking for a fast-paced, collaborative environment where you can be at the cutting edge of engineering solutions, we can't wait to meet you.

Position Summary

This Plant Accountant role plays a pivotal role in driving the financial success of our manufacturing facility. We are seeking a candidate that is analytical and detail-oriented, to monitor, manage and reconcile accounting processes, including payroll, budgeting, forecasting, and variance analysis to ensure compliance in financial regulations and internal controls. Many opportunities to collaborate with cross-functional teams and departments to provide insightful financial reporting to empower decision-making and fuels innovation.

Responsibilities

• Cost Tracking and Analysis: Monitor and analyze production costs, including materials, labor, and overhead, to ensure accurate cost accounting and budget adherence.
• Month-Close Procedures: Finalize financial data, reconcile accounts, and prepare financial statements to ensure accurate reporting of division's financial position at the end of each month.
• Inventory Management: Oversee inventory accounting, including valuation methods (e.g., FIFO) and reconciliation of physical inventory with accounting records.
• Capital Expenditure Tracking: Manage and analyze capital expenditures, ensuring proper accounting treatment and compliance with financial policies.
• Compliance and Internal Controls: Ensure compliance with financial regulations and company policies, establishing and maintaining internal controls to safeguard assets.
• Variance Analysis: Conduct variance analysis to compare actual performance against budgeted figures, providing insights into operational efficiency and areas for improvement.
• Collaboration with Operations: Work closely with plant management and production teams to understand operational processes and provide financial insights that support decision-making.
• Audit Support: Assist in internal and external audits by providing necessary documentation and explanations of financial records related to plant operations.

Qualifications

Qualifications:

• Must be a U.S. Citizen or have U.S. Permanent Resident Status.
• Education: Bachelor's degree in business or accounting required.
• MBA, CPA, CMA, CPIM, or CIA desirable.
• 2-4 years of financial/operational experience required.

Conditions of Employment

This position is subject to meeting U.S. export compliance and/or U.S. Government contracting citizenship eligibility requirements.

Pay, Benefits, Work Schedule

Competitive Compensation

• Pay Range: $84915 to $141320 annually
• Participation in Annual Incentive Program

Benefit & Retirement Plans

Parker offers competitive benefit programs, including:

• Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
• 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
• Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
• Career development and tuition reimbursement.
• Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
• Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
• Paid Time Off and Company-Paid Holidays.

Equal Employment Opportunity

Parker is an Equal Opportunity and Affidavitant Compliance Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations.

(Minority / Female / Disability / Veteran / VEVRAA Federal Contractor)

If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission

Drug Tests

Drug-Free Workplace

In accordance with Parker's policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.