Sr. Finance Analyst, Operations

Novolex • Cedar Rapids, IA • 4h ago

Overview

Why Choose Us?

Novolex is a leading manufacturer of food, beverage, and specialty packaging that supports multiple industries including foodservice, restaurant delivery and carryout, food processing, grocery and retail, and industrial sectors. Novolex manufacturing and sourcing expertise spans a diverse range of substrates including resin, paper, molded fiber, aluminum and more. We provide customers a broad array of stock and customized solutions with 120 product categories, 250 brands and over 39,000 SKUs.

Our Sustainability Commitment

The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives.

Responsibilities

Cost Accounting is responsible for maintaining the accuracy of machine and machine component costs and the proper valuation of physical inventories. Cost Accounting is expected to advise, provide policy direction and standard cost information to all product model process centered teams.

Cost Accounting works with a wide variety of individuals from facility management to shop floor employees, therefore the ability to establish and maintain effective working relationships across all functional departments is a necessity.

Completes all general accounting journal entries related to standard cost, finished goods and WIP (work in process) inventory accounting.

Complete related inventory account reconciliations assigned.

Analyze manufacturing usages and price variances on completed WIP repair/maintenance parts Monthly average production orders analyzed: 550 to 650.

Generate, report and analyze findings on Purchase Order price variance. Monthly average PO line items: 1,750 to 2,250.

Provide product cost support on manufactured capital equipment. Ensure accuracy of SAP bill of material to Customer contracted options. Approximate annual machine sales revenue of $25 to $30 million.

Audit and monitor completeness of the cycle counting process of raw material and finished goods inventory of approximately $15 million gross inventory value.

Twice annual physical verification of filling machine equipment WIP production orders with approximately $8 to $10 million inventory value.

Interact and manage, with corporate MDO group, bi-annual update to standard costs on approximately 12,000 active repair/maintenance parts. Reconcile and summarize results, report findings to Controller and facility management for approval. Prepare necessary adjusting journal entries.

Develop bi-annual parts pricing list in conjunction with Supply Chain personnel: approximate annual sales revenue of $45 million.

Provide ad hoc machine costing to Cedar Rapids Engineering Department in support of cost reduction and product development efforts.

Provide ad hoc costing and pricing models to support pricing to sales service and machine contract administration.

Qualifications:

Bachelor's Degree in Accounting required.

5+ years of cost accounting in a manufacturing standard cost environment.

CMA and/or CPA preferred, but not required.

Strong written and oral communications skills.

Advanced Excel and/or Access skills required.

Experience with Propel and Basware systems preferred.

Experience with SAP/ERP, required.

Qualifications

What You'll Get From Us

Benefits

With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.

Community Engagement

At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.

Training and Development

We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through MyLearning. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program, and a Learning Management System that supports and enhances employee skills at all levels of the organization.

Novolex is committed to providing equal employment opportunity in all employment practices, including but not limited to selection, hiring, promotion, transfer, and compensation to all qualified applicants and employees without regard to age, race, color, national origin, sex, pregnancy, sexual orientation, gender identity, religion, handicap or disability, genetics, citizenship status, service member or veteran status, or any other category protected by federal, state, or local law. Any individual who, because of his or her disability, needs an accommodation in connection with an aspect of the Company's application process should contact myHRservices@novolex.com .

LI-TM1

Job Locations US-IA-Cedar Rapids

ID 2025-32430

Category Accounting/Finance

Position Type Full Time

Pay Type Salaried

Novolex

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