Manager, Cost Accounting (Operations Finance Manager)

Posted 7 Days Ago
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Minneapolis, MN
Senior level
Industrial • Manufacturing
The Role
The Manager, Cost Accounting is responsible for financial management and reporting of operational results in manufacturing. This includes overseeing budgets, forecasting, capital investment modeling, and analyzing financial performance for strategic decision-making. The role involves supervision of a team, ensuring proper accounting practices, and leading cost revaluation processes.
Summary Generated by Built In

Collaboration drives Nordson’s success as a market leader in Industrial Precision Solutions and Advanced Technology. Our employees thrive in an environment where we help each other reach our personal best and enable our company to continuously improve and grow, and our customers to succeed. You will find Nordson employees sharing our success by giving back in the communities around the world where we live and work.

Essential Job Duties and Responsibilities

  • Responsible for overall financial management and coordination of operational results, assessing business trends, providing strategic support, addressing root causes of operation issues.
  • Oversee reporting of manufacturing key performance indicators, including metric board report-outs
  • Create and provided monthly presentations to management on manufacturing results.
  • Model capital investments used in our plants and labs for costs and savings. Track and report on results
  • Prepare monthly reports, monthly forecasts, budget and annual operating plan and cycle counting and strategic planning.
  • Oversee annual manufacturing budgets and forecasts for short- and long-range operating objectives, organizational structure, and staffing requirements for manufacturing and engineering operating teams.
  • Analyze and accurately report current month’s financial results to the plant, sales, and regional management in accordance with required format and time requirements.
  • Manage the annual standard cost revaluation process. Perform audits to ensure product costs are accurate and accounted for properly.
  • Responsible for ensuring that the organization is focused on costing strategies.
  • Oversee reporting, planning and forecasting of Indirect Cost of Sales.
  • Oversee reporting, planning and financial analysis of Inventory & DSI.
  • Assures proper accounting, internal controls and account accuracy for all inventories within area of responsibility, working closely with the team to determine required entries and/or accruals. 
  • Assist with monitoring of cycle counting activities and administration of required physical inventories. Assists with administration of periodic review of inventory for obsolescence, including identification of candidates, cross-functional review and disposition.
  • Provide direction, leadership and supervision to the team in the performance of duties, establishing work priorities, building capabilities, and in achieving management objectives.
  • Assume other special activities and responsibilities as required.

Education and Experience Requirements

Education

Bachelor's degree in Finance/Accounting required. MBA, CPA, CMA desirable.

Experience, Knowledge and Skills:

Affiliations with successful global manufacturing companies. Experience with Standard Costing practices

A minimum of five (5) years of experience ideally gained through providing decision support for growth initiatives, strategic planning, and capital investments within a global manufacturing operation.

A minimum of five (5) years of experience analyzing past results, performing variance analysis, identifying trends, and making recommendations for improvements to senior management.

A minimum of two (2) years of experience in managing or supporting product costing activities within a global manufacturing operation.

Strong analytical and data gathering skills, with a high proficiency in financial modeling techniques.

Strong time management skills are necessary with the ability to manage multiple priorities.

Demonstrated ability to lead people and get results through others.

Comfort dealing with ambiguity and the ability to work independently.

Microsoft Office experience preferred, including advanced Excel, Word and PowerPoint

Working knowledge of manual and automated accounting systems and demonstrated ability to manage systems applications.

Experience with SAP preferred.

Experience with managing a small team preferred but not required.

Preferred Skills and Abilities

  • High energy level, comfortable performing multifaceted projects in conjunction with normal activities.
  • Strong quantitative and analytical competency.
  • Ability to streamline functions and passion to learn and grow.
  • Well-organized.
  • Participative work style - advocate team concept.
  • Excellent communication and presentation skills; be comfortable interacting with executive-level management.
  • Ability to work in a fast-paced environment with competing priorities, ability to multi-task.
  • Detailed oriented, self-starter with excellent interpersonal communication and problem-solving skills.

Working Conditions and Physical Demands

Office environment. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Travel Required

None

 X Minimal

Estimated

Nordson Corporation provides equal employment opportunity to all applicants and employees. No person is to be discriminated against in any aspect of the employment relationship due to race, religion, color, sex, age, national origin, ancestry, disability, sexual orientation, gender identity, genetic information, citizenship status, marital status, pregnancy, veteran status or any other status protected by applicable federal, state, or local law. All employment offers are contingent upon successful completion of our pre-employment drug screening and background/criminal check, consistent with applicable laws.Third party recruiters and agencies should not contact employees of Nordson or its subsidiaries directly. Any resumes sent to a hiring manager or submitted to Nordson employees are considered unsolicited and property of Nordson. Nordson will not pay a placement fee unless the agency or recruiter has a signed contract with Nordson’s Human Resources department in advance of submitting a candidate for consideration. Verbal and written approvals will not be considered a valid contract for service.

The Company
Sydney, Sydney
2,445 Employees
On-site Workplace
Year Founded: 1954

What We Do

Nordson is a team of 7,300 global employees thriving in an environment where they are supported and encouraged to be their best. Working side by side, we build meaningful connections with each other and our customers.

Together, we deliver products that are solutions, and they’re likely touching your life every day. Have you ever changed a diaper? Opened a box of cereal? Used a smart phone or driven a car? Then we’ve already met.

At Nordson, we take pride in being an outstanding corporate citizen and strongly believe in sharing our success with the communities where our employees live and work. Whether you’re working in one of our labs, offices or manufacturing facilities, your efforts will enable our customers to succeed and our company to continuously improve and grow.

We engineer, manufacture and market differentiated products and systems used for precision dispensing and processing in a variety of end markets, from packaging to transportation and medical to electronics.

Founded in 1954, we operate under the values of integrity, respect for people, customer passion, energy and excellence. Nordson is headquartered in the United States in Westlake, Ohio, and has direct operations in more than 30 countries to support our products and systems with application expertise and a direct global sales and service organization

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