Cost Accounting and Pricing Manager ( Food Manufacturing )
Product Costing Management
Manage product BOM and establish and update standard costs for raw ingredients, packaging, and labor in NetSuite and Nulogy. Analyze daily and monthly manufacturing variances, focusing heavily on direct and indirect labor variances, material variances, line productivity, yields, and scrap across all assigned locations. Partner with regional plant production managers to identify root causes of yield variances using Nulogy real-time manufacturing logs. Audit and make recommendations to refine and optimize product formulations, bills of materials (BOMs), and processing routings. Analyze and understand indirect manufacturing costs and capacity utilization for cost allocation purposes.
Pricing Management
Develop, maintain, and approve data-driven customer and product pricing models for new and existing product introductions and custom co-packing requests. Analyze the financial impact of raw material and ingredient commodity price fluctuations on existing product pricing, including customer and SKU purchase price variance (PPV) true-ups. Provide financial models and margin impact analysis to the VP of FP&A during customer RFPs and contract negotiations. Review and monitor customer and vendor agreements to ensure the commercial terms are consistent with pricing models and invoicing.
Profitability Management
Lead comprehensive SKU profitability analysis to identify low-margin or loss-making product lines. Conduct customer profitability analysis, evaluating net margins after factoring in new material and indirect costs. Deliver variable contribution margin and gross margin performance reports. Maintain and prepare management reporting that sets forth informative KPI’s at the customer and SKU level and bridges those results to the company’s budget and pricing models. Identify margin variances and work with sales, operations, and supply chain personnel to take corrective action. Support the VP of FP&A in preparing the multi-facility annual manufacturing budget and quarterly corporate forecasts.
ERP System Oversight and Maintenance
Serve as the finance owner for data alignment between NetSuite (financial sub-ledger) and Nulogy (production execution) across multiple plants. Oversee daily/weekly inventory reconciliations between NetSuite and Nulogy to eliminate multi-site inventory variances. Audit Nulogy production logs across facilities to ensure accurate consumption of raw ingredients, packaging material, and labor routing steps.