Senior Manufacturing Accountant

Novipax; Oak Brook (IL); On-site; USD 85,000 - 125,000; Full time

Job summary

Novipax is seeking a manufacturing finance professional to manage financial health across operations. The role covers financial reporting, cost accounting, and inventory management with a focus on accuracy and operational efficiency.

You will lead variance analysis, manage the general ledger, and support budgeting, forecasting, and audits while collaborating with production teams to optimize yields and reduce costs.

Qualifications

• Bachelor's degree in accounting or finance is required.
• 3–5 years of progressive accounting experience; manufacturing experience preferred.
• Experience with manufacturing cost accounting and standard costing.

Responsibilities

• Prepare and review accurate and timely financial statements.
• Conduct variance analysis to explain deviations from budgets and forecasts.
• Analyze manufacturing costs, margins, and variances to support cost optimization.
• Oversee general ledger and month-end close processes.
• Perform monthly account reconciliations and ensure accuracy.
• Develop and monitor standard costs for manufacturing and track inventory.
• Collaborate with production to improve yield and efficiency and identify cost savings.
• Support audits and tax compliance and assist with budgeting and forecasting.

Skills

Financial analysis

Variance analysis

Cost accounting

Inventory management

Excel modeling

GAAP knowledge

Education

Bachelor's degree in accounting or finance

Tools

IQMS

Job description

This role plays a crucial role in managing and overseeing the financial health of the production operations.

Key responsibilities

Financial Reporting and Analysis:

• Prepare and review accurate and timely financial statements
• Conduct variance analysis to explain deviations from budgets and forecasts.
• Analyze manufacturing costs, margins, and variances to support operational efficiency and cost optimization.
• Provide insights and recommendations to management for informed decision-making.

General Ledger and Month-End Close:

• Oversee and manage the general ledger, ensuring proper recording and classification of transactions.
• Execute month-end and year-end closing processes.
• Perform monthly account reconciliations to ensure accuracy.

Cost Accounting and Inventory Management:

• Develop, maintain, and understand standard costs for manufacturing.
• Monitor and analyze manufacturing costs, including raw materials, labor, and overheads.
• Track inventory, ensuring accuracy and validity through reconciliation and cycle count reporting.
• Collaborate with production and operations teams to improve yield and efficiency, identifying cost-saving opportunities.

Compliance and Internal Controls:

• Ensure compliance with GAAP and relevant financial regulations.
• Assist with internal and external audits, including preparing documentation and providing support.
• Assist with tax preparation and compliance (income tax, sales tax, etc.).

Budgeting and Forecasting:

• Contribute to the budgeting process, assisting in the creation of budgets and financial forecasts.
• Provide insights for future financial planning and goal setting.

Preferred Experience and Competencies:

Education: Bachelor's degree in accounting or finance

Experience: Minimum of 3-5 years of progressive accounting experience, with experience in a manufacturing environment being preferred.

Technical Skills:

• Proficiency in accounting software, IQMS experience is a bonus.
• Expertise in Microsoft Excel, including manipulating large datasets and financial modeling.
• Understanding of U.S. GAAP as it applies to a manufacturing environment.
• Knowledge of standard costing in a manufacturing environment.

Soft Skills:

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills, both written and verbal.
• Attention to detail and accuracy.
• Ability to work independently and as part of a team, manage multiple tasks and meet deadlines.

Travel:

Must be willing to travel up to 50% of time to manufacturing sites.