Once Upon a Farm is hiring a
Cost Accountant

Summary

The Cost Accountant will manage production costs, analyze data, and improve processes to optimize financial performance in a remote work environment at Once Upon A Farm. The position requires 4 years of related general accounting experience, 2 years of cost accounting experience, a bachelor's degree, strong computer proficiency, excellent analytical abilities, communication skills, organizational skills, and problem-solving skills.

Responsibilities

• Oversee new item setup and maintenance of the item master file and bill of materials in the ERP system (Sage X3)
• Assist in the development and yearly rollout of standard costs for manufactured and purchased goods
• Perform the annual standard cost development and cost roll
• Analyze production costs (materials, tolling, overhead) to identify savings opportunities and improve profit efficiencies
• Prepare detailed financial reports, including monthly operational reports, explaining variances and productivity costs
• Conduct ad hoc analyses as needed
• Conduct detailed analyses of Purchase Price Variances (PPV), tolling costs, and usage variances
• Review and rectify discrepancies, ensuring accurate cost allocation
• Monitor inventory movements and evaluate cost trends, recommending appropriate actions for significant variations
• Ensure accurate inventory valuation and control to minimize waste and optimize stock levels
• Reconcile inventory balances with the general ledger (GL) monthly and manage the Inventory Book-to-Book model
• Calculate reserves for slow-moving and obsolete inventory in collaboration with Materials and Supply Chain Managers
• Maintain and improve processes and controls associated with manufacturing costs and inventory valuation
• Collaborate with Operations to identify inefficiencies in cost accounting processes, driving process improvements and integrating new technologies
• Develop and track cost-per-unit metrics for all finished goods SKUs
• Work closely with finance, production, and procurement teams to ensure accurate cost reporting and effective communication
• Support new business opportunities with costing models that align with pricing strategies
• Gain a thorough understanding of manufacturing operations to act as the functional expert in costing and business analysis
• Prepare project plans for improvements and contribute to strategic decision-making
• Monitor and comply with all laws regarding benefits, leaves, and insurance based on your specific residence