Finance Manager - Cost Accounting, LIFO and Capitalizations

Responsibilities

• Manage the company-wide LIFO reserve (Distribution, Stores, and Corporate), including monthly LIFO income/expense forecasting and year-end actual calculations.
• This includes calculating LIFO based on inventory at actual cost (standard cost + material and conversion variances), ensuring all inventory-related costs and absorption are captured and properly assigned to inventory pools, and preparing Reporting Package for the management with explanations of key drivers impacting LIFO.
• Perform a detailed review of the LIFO process, including suggestions for enhancement.
• Update or compile strong SOPs in support of executing the process.
• Cross train other team members on the LIFO process.
• Manage North America and International Material and Conversion Capitalization required for monthly forecast and year-end inventory valuation.
• Review existing processes and propose enhancements or standardization when appropriate.
• Aid in reviewing and developing annual raw material standard costs, freight, usage, and other overheads.
• Aid with audit review which could be annually and/or semi-annually.
• Drive process improvement initiatives and implement best practices.
• Contribute to Enterprise Finance & BIOS initiatives such as supporting recent acquisition integration or expansion of common practices to other global regions.
• Engage in other daily or strategic responsibilities as assigned.

Qualifications

• Bachelor's Degree with a major in Accounting, Finance, Business
• 5+ years of accounting experience
• Experience with Microsoft Excel
• Must be legally authorized to work in the United States without sponsorship now or in the future for employment visa status
• Must be at least eighteen (18) years of age
• Preferred: CPA or MBA in Accounting or Finance or related business field
• Experience with Standard Cost development
• Experience with OneStream Structure
• Experience with monthly variance accounting
• Experience with QAD and Oracle Cloud ERP systems