How to Become a Plant Accountant
Step 1: Understand the job description and responsibilities of a Plant Accountant
What does a Plant Accountant do?
A Plant Accountant provides accounting services for a plant. Responsibilities include analyzing trends, costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses. Being a Plant Accountant complies and prepares analysis and reports of accounting activity and data. Prepares balance sheets, profit and loss statements, and reconciliations. Additionally, Plant Accountant typically requires a bachelor's degree of accounting or related field. Typically reports to a supervisor or manager. The Plant Accountant gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Plant Accountant typically requires 2 to 4 years of related experience.
Plant accountants are responsible for anything related to the finances of a manufacturing plant, including taxes, real estate documentation, profit or loss statements, and employee payroll.
The primary responsibility of a plant accountant is to balance the accounts of the plant which involves several areas of finance and investing.
This person is responsible for preparing, reporting, and paying the appropriate tax obligations of the manufacturing plant to the proper governmental agencies.
The accountant tracks inventory, pays invoices for services provided, and submits invoices to other companies for services rendered by the plant.
Plant accountants provide financial reports to senior management, financial auditors and government organizations.
Step 2: Learn best tips to become a Plant Accountant
Best tips for those who want to become a Plant Accountant
Here are some tips to become a Plant Accountant.
Free job look products and services.
Calculate each asset’s percent of market value (Asset market value / total market value of all assets).
Calculate the cost of each asset (total price paid for all assets x % of market value).
Monitoring and Enforcement; Termination.
Text Message and Email Communications.
Step 3: View best colleges and universities for Plant Accountant
Best colleges and universities for Plant Accountant
- Florida Southern College
- Colby College
- Dartmouth College
- University of Notre Dame
- Western Washington University
- Canisius College
Step 4: Think about whether is it worth to be a Plant Accountant
Is being a Plant Accountant Worth it?
Plant accountants provide financial reports to senior management, financial auditors and government organizations.
Plant accountants use knowledge of food industry products and accounting principles to plan and coordinate budget and inventory control measures.
Plant accountants may work for small food production chains, restaurants or large, multimillion dollar food-manufacturing companies.
The Plant Accountant candidate must be able to able to work across departments and lead the monthly financial closing process, ensure proper internal controls are in place and working as designed, and support management with proactive financial analysis that drives improvement in results.
The Plant Accountant is responsible for New Balance factory s financial activities and reporting.
Step 5: Prepare relevant skills for being a Plant Accountant
What skills do you need to be a Plant Accountant?
When looking into a role like this one, you need to take account of your skills and abilities. The ability to succeed in this role depends upon the possession of the following skills: Account Reconciliation, Accounting Management, Balance Sheet Analysis, Bank Reconciliation, Financial Accounting, General Ledger Accounting, Product Costing, Revenue Recognition, Trend Analysis, GAAP Standards. Although not always necessary, a grasp of these skills can help: Accounting Software. During an interview, try to convey your knowledge of these skills.
Excellent verbal and written communication skills are essential for accountants to work with other vendors, bankers, agencies and employees.
Plant AccountantPlant AccountantSonocoDe Kalb, IL1-2 years’ experience and exposure to budgeting/forecasting and advanced excel skills.
Plant AccountantPlant AccountantO-IAuburn, NY1-4 years related work experience.
5 10 years as an accountant in a manufacturing environment is required.
Track & Report plant productivity Standard cost updates - ability to review and recommend updates for BOM's, Routes, raw materials price updates, and calculation of plant overhead rates Lead plant physical inventories.
Step 6: View average salary for Plant Accountant
How much does a Plant Accountant make?
The average salary range for a Plant Accountant is from $74,307 to $98,481. The salary will change depending on your location, job level, experience, education, and skills.
-
View average salary for the United States
-
Adjust salary by state
Average salary for Plant Accountant jobs
Step 7: Find relevant Plant Accountant jobs, and apply.
Looking for Plant Accountant jobs?
Here are some Plant Accountant jobs in the United States.