Senior Plant Accountant (On-site) - Lucas Oil Products : Job Details

Job Purpose: The Senior Plant Accountant will oversee inventory and fixed asset accounting functions for the plant while working closely with operations and leadership. This position is responsible for generating and analyzing costing reports, reconciling inventory accounts, and collaborating with Operations and Supply Chain teams to optimize inventory levels and financial performance. Additionally, the role drives continuous improvement initiatives, identifies cost-saving opportunities, and supports fixed asset management.

Duties:

• Ensure costing analysis and costing integrity reports are generated timely and accurately. Work with Operations to ensure report exceptions are followed up on and resolved as needed. Complete assigned month end reporting schedules for management.
• Verify accurate standard costs, monitor inventory transactions, and reconcile inventory accounts to the general ledger.
• Prepare month end inventory reporting which provide insight into finished goods quantities, component inventory levels and raw materials.
• Support Plant Manager in identifying opportunities to optimize inventory levels, and work closely with Operations to highlight opportunities, track progress and to flag performance challenges in order to achieve desired goals.
• Drive continuous improvement of daily, weekly, and month inventory costing integrity reports. Ensure reports are appropriately designed for their intended purpose, and ensure operations are completing improvements timely.
• Find trends and opportunities in performance that can be leveraged for material growth opportunities and/or cost reductions.
• Support the Operations by researching Bill of Materials issues. Ensure BOM's are completed accurately
• Support in physical inventory counts and procedures.
• Support Operations with analysis of inventory turnover and potential obsolete inventory. Help track inventory write-offs. Maintain quarterly inventory reserve analysis.
• Collaboration with Supply Chain to maintain inventory valuation accuracy
• Maintain Fixed Asset Ledgers and record and track acquisitions, disposals, and depreciation.

Skills/Qualifications:

• Bachelor's degree in accounting, finance, or related field required
• Up to 3 years of relative work experience in accounting
• An understanding of GAAP in relation to inventory.
• Ability to quickly learn new systems and processes
• Proficiency with all Microsoft Office tools including MS Excel
• Experience with ERP systems, SAGE experience preferred
• Must be detail oriented, organized, self-motivated, conscientious, proactive and have the ability to meet deadlines
• Professional business acumen and interpersonal skills, as well as effective verbal, written and presentation skills

Physical Requirements

• Prolonged periods of sitting at a desk and working on a computer
• Must be able to lift 50 pounds at times

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