- Senior
- Ufficio in Santa Cruz
We believe being healthy should not require tradeoffs. SCN BestCo is a leading innovator, developer and manufacturer of Vitamin, Mineral & Supplement (VMS), Over-the-Counter (OTC) and prebiotics/probiotics in enjoyable forms such as gummies, lozenges and chews. With over 50 years of excellence, our team leads the way in changing how consumers make healthier choices. With unique food science expertise and proprietary processes, we’ve pioneered many firsts. The fire in our belly to create new to the world products has guided and continues to be core to our mission of making health and wellness more enjoyable. Come join us and become a part of our winning formula!
The Senior Manager, Cost Accounting oversees a team responsible for providing financial and business partner support to the Operations, Supply Chain, and Quality organizations. This position manages financial systems, business processes, procedures, and methods to ensure the availability of accurate and timely costing and inventory information for senior management and other stakeholders. The Senior Manager, Cost Accounting requires an in-depth understanding of manufacturing finance issues as well as strong leadership, communication, analytical, task management, and problem-solving skills. The primary focus of this role is to support Santa Cruz, CA plant operations, with some support provided to other Company plants (e.g., Sumter, SC).
Estimated starting annual base salary is $168,920.05 - $253,380.08 per year less applicable withholdings and deductions, paid on a bi-weekly basis. Please note that the actual compensation offered may vary based on relevant factors as determined by the Company, which may include, but is not limited to, location, experience, qualifications, education, skillset, and market conditions. The target base compensation for this role is in the low to middle of the range, with the top of the range reserved for only exceptional circumstances. In addition, this role is eligible for a discretionary, variable annual incentive, paid based on Company performance factors. SCN BestCo offers a competitive benefits package to eligible full-time employees, which currently includes medical, dental, and vision plans, 401(k) with employer matching contributions, life insurance, paid time off, tuition reimbursement, and more, as well as paid sick leave in accordance with applicable law. Each benefit is subject to eligibility requirements as specified in plan documents, and the Company reserves the right to modify the benefits it offers from time to time.
Essential Duties and Responsibilities |
- Oversee all cost accounting activities to include developing annual budgets and standard product costs, performing a comprehensive and accurate month-end close, leading the monthly review of actual performance vs budget and identifying the drivers for major variances, providing periodic mid-year forecasts, and ensuring all appropriate financial and business control processes are in place and effective.
- Publish weekly flashes or dashboards to communicate current month operational and financial performance to management.
- Collaborate with Operations and Supply Chain to maintain a robust cycle count program with regular management updates and support periodic requests from outside auditors.
- Perform periodic inventory reserve reviews to ensure all appropriate reserves are in place and that management understands the underlying drivers behind changes to our reserve position.
- Partner with Operations to understand year-to-date performance vs. the annual capital expenditure (CapEx) plan. Provide appropriate support to justify new capital investment requests. Collaborate with the general accounting team to ensure that all fixed asset-related accounting activities (CIP, placement into service, asset dispositions) are performed timely and accurately.
- Partner with finance management to provide appropriate standard margin and gross margin reporting on a consistent basis with appropriate granularity (e.g., by product, by customer, etc.).
- Perform periodic analyses on labor, materials, and overhead spending to ensure operations and finance management understand our key cost drivers and any areas of potential savings or potential risk.
- Partner with cross functional teams on projects to identify potential efficiency improvements.
- Develop and improve methods of calculating and controlling costs.
- Update processes and procedures.
People Leader Responsibilities |
The position carries out People Leader responsibilities in accordance with the Company’s policies and applicable laws. Responsibilities include:
- Manage, coach, hire, train, and develop the cost accounting team.
- Conduct performance reviews and manage individual performance.
- Oversee team and employee development.
- Organize training and development opportunities for direct reports.
- Recommend personnel actions.
- Communicate personnel actions following HR and department head approval.
- Ensure safety and quality standards are enforced and met.
- Partner with human resources to interview and screen potential new hires.
Required Qualifications |
Education & Experience:
- Bachelor’s degree in accounting or related field.
- 12 years’ professional experience in cost accounting, supply chain finance, or similar function.
- 6 years’ professional management and leadership experience.
- Prior manufacturing industry experience.
Knowledge, Skills, & Abilities (KSAs):
- Thorough understanding of all generally accepted accounting principles (GAAP) cost accounting concepts (e.g., Period vs. inventoriable costs, E+O, LCM).
- Strong leadership, analytical, attention to detail, organization, prioritization, verbal, and written communication skills.
- Strong enterprise resource planning (ERP) system knowledge including understanding of the interdependency of various subledgers/modules (e.g., order entry, production planning, perpetual inventory, accounts payable/receivable, general ledger, fixed assets).
- Proficiency with Microsoft Office including Excel, Word, and Outlook.
- Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
- Must have the ability to communicate effectively, verbally and in writing, with internal staff and management.
- Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the public.
- Must be able to demonstrate practical problem solving and trouble shooting skills. Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Preferred Qualifications |
- MBA or graduate degree in a related field.
- Accounting certification (CPA, CMA, etc.).
- ERP implementation experience.