Plant Accountant
Location: Chattanooga, TN
Our client is a large international automotive supplier seeking a Plant Accountant for their Chattanooga, TN location. This role is based at a 500 person plant and candidates with automotive experience are preferred, although those from larger high-volume manufacturing companies will also be considered.
The Plant Accountant is a financial leadership position at a manufacturing facility. They will be responsible for overseeing all aspects of plant-level accounting, budgeting, financial reporting, cost analysis, and ensuring compliance with company policies and regulations. Additionally, they will collaborate with plant management in order to optimize operations and drive profitability.
Key responsibilities of a Plant Accountant include:
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Financial Reporting:Preparing and analyzing comprehensive financial statements for the plant, including income statements, balance sheets, and cash flow statements. This will involve monitoring performance against budget and identifying areas for improvement.
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Budgeting and Forecasting:Developing and managing the plant's annual budget, forecasting future financial performance, and providing regular updates to plant leadership.
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Cost Analysis:Analyzing production costs, material consumption, labor expenses, and overhead to identify cost-saving opportunities and improve operational efficiency.
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Inventory Management:Monitoring inventory levels of raw materials, work-in-progress, and finished goods to ensure accuracy and prevent stockouts or excess inventory.
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Internal Controls:Implementing and maintaining robust internal controls to safeguard assets and ensure compliance with accounting standards (GAAP).
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Compliance:Ensuring adherence to all applicable local, state, and federal regulations regarding financial reporting and tax compliance.
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Audit Support:Collaborating with internal and external auditors to facilitate smooth audit processes.
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Team Leadership:Leading and supervising a team of accounting professionals within the plant, including payroll and accounts payable/receivable functions.
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Business Partnering:Actively collaborating with plant managers to provide financial insights and recommendations to support strategic decision-making.
Required Skills and Qualifications:
- Bachelor's degree
- Strong analytical and problem-solving skills
- Proven experience in manufacturing accounting and cost analysis
- Expertise in financial reporting and planning
- Excellent communication skills