What are the responsibilities and job description for the Sr. Finance Analyst, Operations position at Novolex?
Why Choose Us?
Novolex® is a leader in packaging innovation, choice and sustainability. We manufacture products in paper, plastic and sustainable materials for the food, retail, health and industrial markets.
The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives.
How You'll Perform The Role
Cost Accounting is responsible for maintaining the accuracy of machine and machine component costs and the proper valuation of physical inventories. Cost Accounting is expected to advise, provide policy direction and standard cost information to all product model process centered teams.
Cost Accounting works with a wide variety of individuals from facility management to shop floor employees, therefore the ability to establish and maintain effective working relationships across all functional departments is a necessity.
Benefits
With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance (including Telehealth options) as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.
Community Engagement
At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.
Training and Development
We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through Novolex University. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program, and a Learning Management System that supports and enhances employee skills at all levels of the organization.
Novolex® is a leader in packaging innovation, choice and sustainability. We manufacture products in paper, plastic and sustainable materials for the food, retail, health and industrial markets.
- Medical, dental and vision options
- Wellness rewards to fund your HRA or HSA
- Paid holidays, time off, parental and other leaves
- Financial protection benefits such as life, AD&D and disability insurance, and 401(k) Plan with employer matching contributions
- Education Support (for example, tuition reimbursement, Chairman’s Scholarship, 529 College Savings Plan)
- Broad Based Employee Award Program—value sharing plan for all employees with one year of service
- Employee Assistance Program and much more!
The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives.
How You'll Perform The Role
Cost Accounting is responsible for maintaining the accuracy of machine and machine component costs and the proper valuation of physical inventories. Cost Accounting is expected to advise, provide policy direction and standard cost information to all product model process centered teams.
Cost Accounting works with a wide variety of individuals from facility management to shop floor employees, therefore the ability to establish and maintain effective working relationships across all functional departments is a necessity.
- Completes all general accounting journal entries related to standard cost, finished goods and WIP (work in process) inventory accounting.
- Complete related inventory account reconciliations assigned.
- Analyze manufacturing usages and price variances on completed WIP repair/maintenance parts Monthly average production orders analyzed: 550 to 650.
- Generate, report and analyze findings on Purchase Order price variance. Monthly average PO line items: 1,750 to 2,250.
- Provide product cost support on manufactured capital equipment. Ensure accuracy of SAP bill of material to Customer contracted options. Approximate annual machine sales revenue of $25 to $30 million.
- Audit and monitor completeness of the cycle counting process of raw material and finished goods inventory of approximately $15 million gross inventory value.
- Twice annual physical verification of filling machine equipment WIP production orders with approximately $8 to $10 million inventory value.
- Interact and manage, with corporate MDO group, bi-annual update to standard costs on approximately 12,000 active repair/maintenance parts. Reconcile and summarize results, report findings to Controller and facility management for approval. Prepare necessary adjusting journal entries.
- Develop bi-annual parts pricing list in conjunction with Supply Chain personnel: approximate annual sales revenue of $45 million.
- Provide ad hoc machine costing to Cedar Rapids Engineering Department in support of cost reduction and product development efforts.
- Provide ad hoc costing and pricing models to support pricing to sales service and machine contract administration.
- Bachelor’s Degree in Accounting required.
- 5 years of cost accounting in a manufacturing standard cost environment.
- CMA and/or CPA preferred, but not required.
- Strong written and oral communications skills.
- Advanced Excel and/or Access skills required.
- Experience with Propel and Basware systems preferred.
- Experience with SAP/ERP, required.
Benefits
With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance (including Telehealth options) as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.
Community Engagement
At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.
Training and Development
We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through Novolex University. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program, and a Learning Management System that supports and enhances employee skills at all levels of the organization.
Salary : $45