Cost Accountant

SYSCO
Barrington, IL Full Time
POSTED ON 12/6/2021 CLOSED ON 2/5/2022

What are the responsibilities and job description for the Cost Accountant position at SYSCO?

Company:

US1292 Buckhead Meat Midwest Inc.-Illinois Division

Zip Code:

60140

Minimum Level of Education:

Bachelor’s Degree

Minimum Years of Experience:

3 Years

Employment Type:

Full Time

Travel Percentage:

0

JOB SUMMARY

The SSMG Cost Accountant is a hands-on Accounting professional who is an operationally focused team player with proven problem solving, analytical and communication skills. This position reports directly to the CFO supporting the manufacturing operations to include month end close as well as ensuring accounting procedures and compliance. A successful candidate combines excellent analytical skills with a thorough knowledge of accounting principles, manufacturing standard cost and computer skills to analyze transactions, performance and financial reporting. Must have experience with full cycle month-end closing processes and financial reporting in a manufacturing environment. Must be adept at maintaining the accuracy of the cost of goods sold by developing and monitoring product cost.

Primary Work Location: 200 Flannigan Road, Hampshire, Illinois 60140

BENEFITS

  • SIGN ON BONUS (If offered)
  • Monday – Friday schedules available
  • Competitive pay
  • Ongoing job skills training, leadership development training
  • Career growth opportunities – we promote from within!
  • Paid vacation and holidays
  • Comprehensive healthcare benefits
  • Generous retirement benefits
  • Employee discount programs
  • Referral Bonus
  • Safety programs
  • Service recognitions and employee rewards
  • Cross training opportunities
  • More benefits, too many to name

RESPONSIBILITIES

  • Responsible for the operations cost accounting function including assisting in annual budget development, month end close activities and reporting.
  • Responsible for monitoring inventories and adjustments, cycle count auditing and monitoring, standard cost rate development and management, preparation and review of the physical inventories, reconciliation and A&O reserves.
  • Review, report and explain drivers of manufacturing performance variances (product mix vs performance), absorptions and spend variances, operating expenses, analyze trends and variance explanations.
  • Partner with the Operations teams to understand cost and efficiency improvement impacts and opportunities.
  • Manage yield models, develop and prepare yield analysis reporting, manufacturing absorption rates as well as complete cost exercises on yield performance, labor hours and material values.
  • Develop, prepare and maintain various weekly/monthly/quarterly reporting.
  • Evaluate sales and cost of sales and impacts of price, volume and mix as part of month end.
  • Work with merchandising team to analyze, document and capture PPV or Market Rate variances.
  • Provide detailed cost estimates for new products and propose changes to current product costs.
  • Participate in process improvement initiatives as well as aid in performing internal control guidelines and testing.
  • Special projects as assigned.


QUALIFICATIONS

Education

  • Bachelor’s degree in Accounting or Finance required, CPA a plus

Experience

  • 3 years in Accounting (Cost Accounting experience in a manufacturing environment, Food manufacturing experience a plus.)
  • 5 years Cost Accounting experience in a manufacturing environment. Food manufacturing experience a plus.
  • Advanced excel skills, solid understanding of ERP software.
  • Excellent analytical skills and ability to communicate with various departments.
  • Effective oral and written communication skills.

Professional Skills

  • Strong knowledge of Microsoft Office Suite; strong understanding of GAAP principles; strong 10-key and data entry skills; ability to compile balance sheets, comparative income statements, and cash flow statements
  • Journal entry preparation/monthly account reconciliation
  • Advanced excel skills, solid understanding of ERP software.
  • Excellent analytical skills and ability to communicate with various departments.
  • Effective oral and written communication skills.

BENEFITS INFORMATION:

For information on Sysco’s Benefits, please visit https://SyscoBenefits.com

HOW WE PROTECT OUR ASSOCIATES

COVID-19 Precaution(s):

  • Personal protective equipment and masks provided

  • Temperature screenings

  • Social distancing guidelines in place

  • Sanitizing, disinfecting, and cleaning procedures in place

OVERVIEW:

Sysco is the global leader in foodservice distribution. With over 57,000 associates and a fleet of over 13,000 vehicles, Sysco operates approximately 326 distribution facilities worldwide and serves more than 625,000 customer locations.

We offer our associates the opportunity to grow personally and professionally, to contribute to the success of a dynamic organization, and to serve others in a manner that exceeds their expectations. We’re looking for talented, hard-working individuals to join our team. Come grow with us and let us show you why Sysco is at the heart of food and service.

AFFIRMATIVE ACTION STATEMENT:

Applicants must be currently authorized to work in the United States.

We are proud to be an Equal Opportunity and Affirmative Action employer, and consider qualified applicants without regard to race, color, creed, religion, ancestry, national origin, sex, sexual orientation, gender identity, age, disability, veteran status or any other protected factor under federal, state or local law.

This opportunity is available through Sysco Corporation, its subsidiaries and affiliates.

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