TEAM Cambridge Hiring for Senior Staff Accountant Job at Cambridge, MN Full Time

TEAM Industries is a vertically integrated engineering and manufacturing company that has been Driving Innovation in performance and reliability-enhancing components for half a century. TEAM offers a complete range of services, from collaboration on new product designs to custom contract manufacturing.

Our world-class facilities and state-of-the art equipment provide the optimal environment for TEAM’s greatest asset – our people. TEAM Industries prides itself in hiring highly-skilled individuals. Our six facilities (five in Minnesota and one in North Carolina) are all based in small communities – the perfect setting for raising families and taking advantage of the great outdoors. TEAM’s Cambridge facility is just an hour’s drive from Minneapolis/St. Paul. Here, one can enjoy the best of both worlds – small-town charm with big-city access.

An ESOP company, TEAM Industries prides itself on offering competitive pay with an outstanding benefits package.

The Finance Manager position will actively lead the accounting and finance functions for our Cambridge division, including implementation and maintenance of accounting principles, practices, and procedures and providing a variety of supporting analysis, presentations and financial reports in a finance role supporting operations.

Key Duties/Responsibilities:

• Monitor and analyze divisional financial results.
• Support manufacturing operations through cost accounting and KPIs
• Prepare short term and long-term operational forecasts.
• Review, modify and build models for calculating labor/burden variances. Assist with burden rate determination for work centers.
• Review labor – work center efficiency reports and review. Audit labor posting to jobs.
• Perform monthly inventory valuation, prepare journal entries and closing of financial statements.

Other Duties/Responsibilities:

• Support divisional General Manager requests for analysis of plant performance, cost drivers, or special projects, as needed. Participate in the PO review process and understand impact on future financial statements.
• Work with HR and GM to forecast and monitor labor costs in changing labor market.
• Prepare profit by customer/program and reconcile product cost system to financial reporting systems.
• Analyze commodity-based charges (surcharges, tariffs), develop and monitor systems for applying non-standard costs to products.
• Support manufacturing engineering with periodic review of bills of material and costing feedback.
• Calculate monthly surcharge billings for division-specific shipments. Calculate unrecovered surcharge variance and investigate cost and billing accuracy. Support corporate surcharge and tariff recovery systems-reports as needed.
• Periodically analyze indirect costs (freight, international duties/tariffs), monitor systems to establish impact on product unit costs.
• Monthly inventory valuation: Consolidate inventory information for corporate reporting. Prepare monthly divisional government compliance reports as needed.
• Analyze scrap reporting in the ERP-Inventory systems and process supplier charges for defective products, working closely with Quality, Planning and production personnel to optimize process and recoveries.
• Monitor and assist in internal transfer pricing systems for intercompany products.
• Report divisional property and equipment movements, additions and disposals for corporate asset tracking.
• Participate in corporate-wide financial or income tax initiatives and project with corporate financial staff. Team member on corporate wide projects as assigned

Job Requirements:

Education/Experience

• Associates degree in accounting or business, required. Bachelor’s degree in related field, preferred.
• Accounting manager, cost accounting, general ledger reporting experience; or
• Experience in public accounting with private and/or mid-size manufacturing client companies; or
• An equivalent combination of education and experience

Job Knowledge, Skills and Abilities

• Some travel may be required, up to 10%.
• Ability to communicate to groups of people and with individuals at all levels within the organization.
• Ability to work with both internal and external clients and collaborate in a team environment.
• Ability to read and understand financial statements.
• Strong analytical data mining skills.
• Strong ability to multi-task and prioritize multiple projects and requests simultaneously within a deadline-driven environment.
• Self-starting and self-directed
• Advanced skill with Microsoft Products; specifically Excel (pivot tables and data mining tools), Word and PowerPoint.
• Experience with Epicor Manufacturing ERP system background, preferred.

Job Type: Full-time

Pay: $75,000.00 – $80,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Physical Setting:

• Office

Schedule:

• Monday to Friday

Supplemental Pay:

• Signing bonus

Ability to commute/relocate:

• Cambridge, MN 55008: Reliably commute or willing to relocate with an employer-provided relocation package (Preferred)

Education:

• Associate (Preferred)

Experience:

• Accounting in a Manufacturing Environment: 1 year (Preferred)

Work Location: One location