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Inventory Cost Accountant

Company: La Tourangelle
Location: Sacramento
Posted on: February 25, 2021

Job Description:

La Tourangelle is seeking a detail-oriented problem solver to join our Finance team as an Inventory Cost Accountant. This position has tight deadlines and many responsibilities including ongoing inventory item and system cost updates, quarterly inventory counts, and regular analysis. The incumbent will work closely with peers across the organization to drive accuracy and efficiency in LAT's operations. Additionally, the role will participate in month-end close schedules and the year-end audit.Reports to: Controller Location: La Tourangelle Manufacturing Facility, Woodland, CARESPONSIBILITIES:Inventory Cost Management/Accounting* Manages the company's inventory costing function, including on-site manufacturing and any off-site manufacturing partnerships. * Manages inventory items and assembly builds, ensuring that ingredient, packaging, and recipe changes are incorporated accurately and timely, in coordination with production schedules. * Produces accurate inventory costing with the ability to investigate errors in the costing process, including incorrect item allocations and ingredient or production losses. * Provides cost estimating for new and existing products and participates in cost reduction initiatives.* Provides product line margin analysis. * Analyzes inventory risk for obsolescence and maintain accounting of inventory reserves.* Analyze materials usage and materials variances including purchase price variance, yield, scrap, formulation variances and volume variances.* Reconcile inventory in manufacturing with General Ledger for month end closing and prepare monthly inventory reports.Cross-functional Coordination* Coordinates with QA, Sourcing, and Sales teams for ingredient and packaging changes.* Establishes new inventory items prior to purchase and reviews item receipts for accurate coding.* Coordinates with Production and Supply Chain teams for regular, accurate inventory counts and reconciliation. * Partner with key team members regularly to keep inventory costs flowing accurately and improve the overall processes related to inventory costing. General Accounting Support* Assists with the development, implementation, and enforcement of accounting systems, policies, and procedures.--Ability to improve existing processes.* Provides financial updates to management by analyzing and reporting appropriate data points related to inventory and costing.* Assists in the development of overhead and labor standards.* Analyze and explain variances in direct labor and overhead in manufacturing.* Assists with accurate and timely month-end close.* Assists with related components of the annual financial statement audits.* Performs other duties and assists with special projects as assigned.QUALIFICATIONS:* BA in Accounting or equivalent experience* 4-6 years of prior CPG manufacturing finance experience including standard costing, material, labor, and overhead variance analysis * Familiarity with internal controls and audit background preferred.* Expert Excel experience and strong working knowledge of SAP / SAP Business 1 is required. * Qualified knowledge of accounting principles, accrual accounting, inventory, cost of goods sold, etc; * Strong analysis and presentation skills with the ability to draw actionable conclusions from data* Self-motivated and directed, with exceptional attention to detail as well as ability to multi-task* A demonstrated track record of successful problem solving & negotiation skills * A proven ability to work cross-functionally, balancing the varied needs of many internal and external stakeholders* Excellent verbal and written communication skills * Ease and comfort with technology and its use to enhance processes, ability to learn new systems quicklyJOINING THE TEAMTo apply, please submit your resume here or send an email with your resume and cover letter at Jobs@latourangelle.comABOUT LA TOURANGELLELa Tourangelle (la-tour-an-gel) is a family producer of high quality, delicious artisan oils and salad dressings that inspire people to cook, create and unleash their inner chef. Steeped in the oil making tradition of France's Loire Valley, La Tourangelle's purpose is artisanship and pursuit of exceptional taste with uncompromising nutritional benefits to improve the health, flavor and lives of our customers and our families. Our products are sold in over 20,000 stores in the US and Canada and include retailers such as Whole Foods Markets, Amazon.com, Albertsons/Safeway, and Kroger. BEHAVIORS WE VALUE-- Take initiative -- Take ownership-- Be results-driven-- Be curious-- Stretch your limits-- Be collaborative-- Make decisions based on facts-- Show respect for all-- Face challenges with optimism-- Bring your authentic selfLa Tourangelle is an equal opportunity workplace. We celebrate diversity, base employment decisions on merit, and want to have the best available person in each job. We prohibit unlawful discrimination based on race, gender identity or expression, religion, marital status, age, sex (including pregnancy), national origin or ancestry, physical or mental disability, medical condition, sexual orientation, military and veteran status or any other consideration made unlawful by US, California, or local laws.

Keywords: La Tourangelle, Sacramento , Inventory Cost Accountant, Accounting, Auditing , Sacramento, California

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