What are the responsibilities and job description for the Controller with Cost Accounting position at SEATTLE SHELLFISH LLC?
Company Description
SEATTLE SHELLFISH LLC is a farming company based in Olympia, WA with operations in Mason Coounty. The company specializes in shellfish farming and is known for its commitment to sustainable and responsible aquaculture practices.
Role Description
The Controller with Cost Accounting will be a key financial leader, overseeing all financial accounting and cost accounting functions to drive operational efficiency and profitability. this role is responsible for ensuring the integrity of financial reporting, developing robust cost control strategies, and providing actionable insights to support business decisions. The ideal candidate will have experience in Aquaculture or project-based environment.
Key Responsibilities
Cost Accounting and Analysis
- Manage and maintain the company's cost accounting system to accurately track and analyze production costs, materials, labor, and overhead.
- Develop, analyze, and update standard costs for new and existing products, including Bills of Materials (BOMs).
- Perform detailed variance analysis for manufacturing costs, raw material usage, and labor efficiency, and report findings to management.
- Collaborate with the operations and production teams to identify cost-saving opportunities and improve profitability.
- Oversee all inventory accounting, including physical inventory counts and controls, and manage excess and obsolete inventory reserves.
- Financial Reporting and Controls
- Lead the month-end, quarter-end, and year-end close processes, ensuring accuracy and timeliness in financial reporting.
- Prepare and present accurate financial statements, including balance sheets, income statements, and cash flow statements, in compliance with GAAP.
- Develop, document, and enforce internal control procedures to safeguard company assets and ensure the integrity of financial data.
- Coordinate and manage the annual external audit process.
- Budgeting and Forecasting
- Lead the annual budgeting and financial forecasting processes, providing accurate projections and actionable insights to senior leadership.
- Monitor and analyze monthly operating results against budgets and forecasts, reporting on variances.
- Provide financial planning and analysis (FP&A) to support strategic business decisions and capital expenditure projects.
- Strategic and Managerial
- Serve as a financial business partner to operations and other departments, communicating complex financial information in a clear and concise manner.
- Supervise, mentor, and develop the accounting and finance team.
- Drive continuous process improvements within the finance function, including enhancing ERP system functionality and financial reporting tools.
- Stay up-to-date with industry trends, regulations, and best practices in cost accounting and financial management.
Qualifications
- Proficiency in accounting and financial management
- Experience in budgeting, forecasting, and financial analysis
- Knowledge of regulatory compliance and financial reporting standards
- Strong skills in managing accounts payable and receivable
- Excellent organizational and time management abilities
- Attention to detail and accuracy in financial data handling
- Bachelor’s degree in Accounting, Finance, or related field
- CPA certification is a plus
- Prior experience in the aquaculture or agriculture industry is beneficial
- Pay Range $95-120K/ annual Salary, Medical, Dental, Vision, Life, AD & D paid by employer. 401K eligible after 1 year of service.
Salary : $95,000 - $120,000