Manager, Cost Accounting
Location:
Mason, Ohio, United States
Building the people that build the world.
With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world. Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development. We're a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world.
As part of Cooling's Engineered Air Movement, Cincinnati Fan is a leading manufacturer of industrial fans and blowers for OEMs and industrial applications With its high attention to detail for products that are durable, energy efficient, and unparalleled in performance, companies rely on Cincinnati Fan to provide comfort and mission critical and industrial cooling solutions.
How you will make an Impact (Job Summary)
SPX is a diverse team of unique individuals who all make an impact. As a Cost Accounting Manager, you will oversee and analyze all cost expenditures related to the manufacturing processes across all locations within Engineering Air Movement. You will be responsible for developing and producing detailed cost reports and analyses in support of operations and sales acting as the finance liaison with the Inventory Analyst in support of accurate and timely inventory general ledger transactions.
What you can expect in this role (Job Responsibilities)
While each day brings new opportunities at SPX, your core responsibilities will be:
Financial Reporting and Analysis
Lead the development of annual plan and report-out processes and formats as relates to manufacturing standard and variance cost accounting.
Preparation of monthly operational reports explaining material, labor, and overhead efficiency, and productivity costs in comparison to plan.
Preparation of monthly standard and gross margin analyses as well as monthly 'cost of goods manufactured' and 'cost of goods sold' statements.
Works with the Inventory Analyst, Director of IT and CFO to understand current reporting metrics, develop improved reports and fully understand inventory transactions as relates to the general ledger.
Preparation and maintenance of standard adjusting journal entries with related support as relates to operational cost accounting and monthly inventory book to perpetual.
Develop and maintain financial cost reports necessary to explain standard and gross margin analyses, as well as the variances to planned results to support weekly financial flashes, monthly results, quarterly forecasts, and annual budget.
Cost Management and Control:
Leads the annual standard cost development and roll of same.
Monitor plant productivity by product line.
Monitor manufacturing cost aspects including material, labor and overhead, price-volume-mix analyses, as well as efficiency, productivity, and spend variances.
Collaborate with Engineering and Operations to ensure Standard Costing is accurate.
Monitor actual and forecasted commodity costs (steel, copper, PVC, freight) to influence setting of commercial costs and pricing.
Compliance and Documentation
Support external audit and tax preparation functions as relates to cost accounting.
Support the CFO and Controller in responding to inquiries from management, auditors, headquarters and other authorities regarding cost accounting issues, data in reports, financial information and policies and procedures related to cost accounting as well as SOX compliance.
Acts as the finance lead for annual physical inventory and monthly cycle counts; works with the operational resources responsible for these processes to assure timely and accurat