Cost and Inventory Accountant

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Jordan Manufacturing Company has been creating innovative outdoor products and providing exceptional customer service for over 45 years, and our success starts with our team. As a growing family-owned and
-operated business, we welcome employees of diverse backgrounds and experiences to join us. Jordan Manufacturing supports our team by recognizing achievement and promoting from within, ensuring a work-life balance, collaborating to achieve excellence, operating with integrity and prioritizing safety every day.

Giving back to the community and to our team are also a tradition at Jordan Manufacturing. We hold annual food drives and support local charities, and celebrate our employees with appreciation lunches, achievement awards, and core value awards.

Why should you join the Jordan Manufacturing family? We truly value every member of our team and strive to live and work by our core values
:

Healthy Balance:
When your life works, your work works.

Always Collaborate:
Teamwork makes the dream work.

Integrity:
Doing what is right, not necessarily what is easy

Safety:
It’s everyone’s responsibility

Excellence:
It s not a skill, it’s an attitude

Jordan Manufacturing is seeking a highly skilled Cost and Inventory Accountant to join our Finance team in Monticello, IN. Reporting directly to the CEO, this role plays a critical part in maintaining accurate cost accounting procedures, overseeing inventory controls, and providing key financial insights that drive operational efficiency. If you have a strong background in manufacturing cost accounting and a passion for problem-solving, this is an exciting opportunity to make a direct impact on our organization’s success.

Job Title: Cost and Inventory Accountant

Job Purpose: The Cost and Inventory Accountant reports to the Chief Executive Officer and ensures compliance with standard cost accounting procedures and inventory controls and methods. Responsible for the preparation and analysis of cost reports, bill of materials, time studies, costing audits, root cause analysis of inventory discrepancies, inventory cycle counting, and inventory physical counts. The Cost and Inventory Accountant examines, and reviews unusual cost records, ensures cost data is allocated correctly, and investigates the root cause of inventory variances.

Reports To: Chief Executive Officer

Location: On-site at plant in Monticello, IN

Department
:
Finance

Classification
:
Full Time

Job Duties and Responsibilities:

• Collects and analyzes data relative to the company’s operational costs.
• Partners with Vietnam cost accounting, sourcing, product development, and US/Vietnam operations teams on setting standard costs of manufacturing goods.
• Partners with Vietnam cost accounting team on establishing and maintaining all bills of materials.
• Investigates material usage variances and drives operational process changes to eliminate the variances.
• Investigates purchase price variances and works with the sourcing team to find cost effective solutions.
• Review and approve inventory cycle counts inter-month and period-end physicals in line with Company instructions, document results, and suggest process improvements to eliminate variances.
• Carry out cost-volume margin analysis and absorption impact modeling.
• Carry out labor cost impact modeling that aligns to demand planning forecasts.
• Support analysis and commentary of drivers behind variances, month to month vs. prior year, and forecast and budget.
• Review production variances (materials & labor) with management and help drive to root cause.
• Help investigations in weekly/monthly dashboard of spending, highlighting opportunities for improvement.
• Collate labor straight time and overtime daily and review with plant management.
• Partner in plant problem solving and Continuous Improvement (CI) teams as finance subject matter expert by providing manufacturing support and analysis in such areas as process performance, line efficiency, OEE, scrap reduction, E&O reduction and control, inventory carrying cost, capital spending, inventory management, customer service objectives, production costing, and cost reduction.
• Ad Hoc analysis and other…