Senior Cost Accountant, Manufacturing
Reading Bakery Systems · Robesonia, PA · 3 wk ago
On-siteAccountingFull-time
About the role
Reading Bakery Systems, a global leader in the design and manufacture of innovative commercial bakery production systems, is seeking a Senior Cost Accountant to join our team in Robesonia, Pennsylvania.
Responsibilities
- Drive Operational Excellence Through Financial Leadership
- Analyze manufacturing costs and identify opportunities to improve operating efficiency, gross margin, and profitability.
- Evaluate material, labor, overhead, and production costs and provide actionable recommendations to operational leadership.
- Maintain and analyze standard and actual costs for manufactured equipment and components.
- Perform product-costing, job-costing, and profitability analyses.
- Analyze manufacturing and project variances and identify the operational and financial factors affecting results.
- Partner with Operations, Engineering, Supply Chain, and Project Management to support continuous-improvement initiatives.
- Monitor project costs and margins for long-term, engineered-to-order commercial equipment projects.
- Support the development and maintenance of cost standards, overhead rates, labor rates, and cost-allocation methodologies.
- Inventory Management and Optimization
- Maintain accurate inventory accounting records and perform monthly inventory and general-ledger reconciliations.
- Analyze raw materials, work in process, finished goods, and other inventory-related balances.
- Investigate inventory discrepancies, identify root causes, and coordinate corrective actions.
- Partner with Operations and Supply Chain to reduce excess inventory investment while maintaining operational effectiveness.
- Monitor inventory turns, aging, usage, obsolescence, excess inventory, and related performance metrics.
- Support cycle-counting programs, physical inventories, inventory reserves, and valuation analyses.
- Strengthen inventory controls, documentation, and financial accountability.
- Manufacturing Reporting and Financial Analysis
- Develop and maintain meaningful manufacturing, cost, margin, inventory, and operating-performance reports.
- Analyze financial and operational variances and work with business leaders to implement improvements.
- Establish and monitor key performance indicators that support informed decision-making.
- Prepare financial analyses, forecasts, dashboards, and management reports.
- Translate complex financial data into clear, actionable business insights.
- Identify emerging risks, cost trends, margin pressures, and opportunities for improved financial performance.
- Support the continued development of reporting capabilities through Microsoft Dynamics 365, Excel, and Power BI.
- Financial Close and Accounting Support
- Support monthly, quarterly, and annual financial-close processes.
- Prepare journal entries, account reconciliations, accruals, and supporting financial schedules.
- Support financial-statement preparation, account analysis, audits, tax reporting, and compliance requirements.
- Maintain accurate project billing schedules and assist with milestone and progress billing for long-term equipment projects.
- Support accounts-receivable activities, including invoicing, cash application, collections, account reconciliation, and aging analysis.
- Aid in cash-flow forecasting and working-capital initiatives.
- Administer employee expense reporting and corporate-card activity through SAP Concur.
- Strengthen internal controls, accounting procedures, financial documentation, and reporting accuracy.
- Perform ad hoc financial analysis and support strategic business initiatives as assigned by the CFO.
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field, or at least eight years of progressive professional accounting experience.
- At least three years of senior-level accounting experience.
- Demonstrated experience in manufacturing cost accounting, inventory accounting, project accounting, or operational financial analysis.
- Strong understanding of generally accepted accounting principles, financial statements, general-ledger accounting, and internal controls.
- Experience analyzing manufacturing costs, gross margins, inventory, work in process, overhead, labor, and operating variances.
- Experience with standard costing, actual costing, job costing, or engineered-to-order manufacturing is strongly preferred.
- Advanced proficiency in Microsoft Excel, including pivot tables, formulas, data analysis, and financial modeling.
- Experience with Microsoft Dynamics 365, SAP Concur, Power BI, or comparable ERP and reporting systems is preferred.
- Strong analytical judgment and the ability to translate financial information into meaningful business recommendations.
- Excellent organizational skills, attention to detail, and commitment to financial accuracy.
- Strong communication skills and the ability to collaborate effectively with employees and leaders across the organization.
- Able to manage multiple priorities and meet recurring financial deadlines in a fast-paced manufacturing environment.