Manager, Corporate Accounting - Cost

BASIC FUNCTION:

The Corporate Accounting Manager – Cost is responsible for maintaining and improving upon the existing cost accounting functions in support of manufacturing operations and functional departments.  Responsibilities include adherence to the monthly and quarterly close process and time line, oversee entries to the general ledger and account reconciliations and analysis related to inventory and cost of goods sold accounts in order to ensure the continued integrity and accuracy of the accounts on the Company’s financial results and balance sheet.

NATURE AND SCOPE:

• This position reports directly to the Senior Manager Accounting Operations.
• This position works closely with the Mill Division Controllers and Mill Accountants who manage the accounting function of the mill operations and accounting personnel.
• The qualifications for this position at least five years of progressive accounting responsibilities in a multi-divisional manufacturing organization preferably in a corporate environment; excellent communication skills; proficient in personal computer software and accounting systems.  Must possess a Bachelors or Masters Degree with major in accounting or finance.  SAP experience is required. A CPA license is preferred.
• The successful candidate will join a team committed to manufacturing excellence, continuous improvement and team member development.  This person will enjoy developing solid business relationships with their counterparts in various other departments including but not limited to Operations, Logistics, Procurement, IT, and Planning. This position will play a key role in providing impartial financial analysis and guidance, decision support, and development of financial acumen across the organization.
• Accounting Manager – Cost  manages the monthly Costing close process, extensively coordinates with all division controllers to effectively and efficiently close the costing systems and produce cost statements.  This position also helps manage the  structure, account maintenance, report design and maintenance of the SAP system related to cost.
• The manager also ensures the integrity of the accounts through thorough review of the performance of the company’s internal controls and completion of SOX requirements.  They also coordinate activities with operations for external auditors.
• Insure that Company policies relating to department employees are being implemented on a fair and consistent basis and that good employee relation practices are being maintained.  Make recommendations as to adequate training, transfers and promotions of employees that are in the best interest of Gerdau.

PRINCIPLE ACCOUNTABILITIES:

• Maintain accurate costing methodology in the ERP System (SAP).
• Maintain and improve the costing methodology and KPI reporting for inventory and management cost reporting (P&L).
• Maintain standard cost system to ensure accuracy of inventory valuation and lead annual manufacturing cost standard updates and analyze variance to standards.
  • Monitor inventory transactions and processes including scrap, inventory, and COGS to ensure accuracy and compliance with corporate policies
  • Monthly manufacturing and overhead variance research, analysis and reporting, including labor/overhead absorption by product lines
  • Prepare and analyze department expense variances (actual to budgets/forecasts), monthly revenues & associated gross margin analysis
• Assists senior management teams in understanding costs, variances, and other operating measures, including product/SKU level margins through key strategic reports
• Identify potential issues and coordinate issue resolution/problem solving with other functional teams
• General ledger reconciliation responsibility of all inventory and cost of goods sold accounts
• Coordinates required inventory reserves and ensure compliance with periodic cycle counts and physical inventory and reconcile results
• Provide support to FP&A team through various forecasting/modeling based on production plan as well as purchase price variances, scrap rates, material variances, etc.
• Participates in the annual budgeting process, including preparation of standard costs
• Drive the development of procedures and controls that ensure meaningful and reliable product costs and accurate inventories
• Assist with the documentation and compliance with Sarbanes-Oxley
• Prepare for and participate in internal and external reviews and audits
• Involved, as time permits, in FP&A and general ledger support as well as special projects
• Such other duties as assigned from time-to-time.

Job Complexity