Cost Analyst
Apply NowCompany: Lasko Products, Inc
Location: Franklin, TN 37064
Description:
Lasko Products, an industry leader of home environment products for over 100 years, is seeking a Cost Analyst with QAD experience. This role can work from for our West Chester, PA headquarters, Ft. Worth, TX or Franklin, TN manufacturing facility. This position will report to the CFO.
Key areas of responsibility will include:
EXPERIENCE/QUALIFICATIONS
Qualifications needed in addition to the topics above:
About the Company
Lasko Metal Products was founded in 1906 by Henry Lasko in Philadelphia. Lasko designs, manufactures, assembles, and distributes portable fans, heaters, and humidifiers for the consumer market (Lasko brand), air purifiers (Germ Guardian brand), ventilation products such as range hoods and bathroom exhaust fans to the construction industry (Air King brand) and water damage restoration products such as air scrubbers and dehumidifiers (B-Air brand). Lasko's products are sold in North America, South America, the Caribbean, and Asia. The company is recognized as the leader in the portable fan and portable heating categories and proudly operates American manufacturing, assembly, and distribution facilities across the US. Lasko's leading market share in fans and heaters is 2X - 4X larger than the #2 brand. Lasko's domestic production capabilities uniquely position Lasko to serve its customers.
Lasko's Mission is to improve everyday life with trusted products which create a healthier and more comfortable environment. The company's success is based on 5 Core Values:
The Lasko family owned and operated Lasko Products until November 2016, when private investment firms Comvest Partners and JW Levin Management Partners ("JWLMP") acquired the business. Comvest Partners and JWLMP are committed to growing the business with investments in growth and productivity.
Geographic Reach
Based in the greater Philadelphia, PA area, Lasko Products operates in locations throughout the US and Canada. The company's Tennessee, Texas, and Pennsylvania manufacturing facilities produce both indoor and outdoor fans and heaters. The company also sources select products internationally from China, Taiwan, Vietnam, Malaysia, and India. Lasko operates distribution centers in all manufacturing locations plus Nevada and Ohio.
Diversity & Inclusion
Comvest and its portfolio companies recruit, employ, train, compensate and promote regardless of race/national origin, gender/gender identification, sexual orientation, age, disability status, veteran status, religious affiliation, and other protected status. We have a clear vision to be the place where diverse talent wants to come, stay, and do their best work. We know our companies run on the hard work and dedication of our passionate and smart employees. We believe that diversity within an organization creates long-term value for the organization itself and its constituents. Comvest and its portfolio companies are high performing organizations that seeks to hire hard-working and dedicated high performers. While Comvest and its portfolio companies always strive to look at a diverse pool of candidates, we will always choose the most qualified candidate for the job being recruited for, in order to strive for success for both the employee and the firm.
Key areas of responsibility will include:
- Teaming:
- Must be collaborative and work very closely with the Plant Controllers
- Share, review and explain all cost accounting items below with Auditors
- Cost Accounting and Reporting:
- Balance sheet oversight and ownership:
- Inventory costing and related revaluation
- Variance capitalization accounting
- Reconciliation of all inventory accounts
- E&O/SMI reconciliation and reporting
- P&L oversight and ownership:
- PPV (must team with Procurement and AP on reporting and analysis)
- Freight, duty, tariff accounting
- Full responsibility over maintenance and integrity of master data associated with BOMs, Standard Costs and Inventory Valuation
- Balance sheet oversight and ownership:
- Develop, improve and implement process and controls for:
- All areas above
- Lead the annual and periodic standard cost updates
- All cost accounting master data including BOMs, routings, and standard costs, including clean organization and maintenance of all data
EXPERIENCE/QUALIFICATIONS
Qualifications needed in addition to the topics above:
- 6+ years of cost accounting experience with consistent career progression
- Must have a proactive and solid follow up approach
- Experience documenting process and controls
- Strong MS Office skills
- Bachelor's degree in Accounting
- Strong communication, collaboration, and interpersonal skills
- CPA (preferred)
- Consumer Products manufacturing (preferred)
- QAD ERP experience
About the Company
Lasko Metal Products was founded in 1906 by Henry Lasko in Philadelphia. Lasko designs, manufactures, assembles, and distributes portable fans, heaters, and humidifiers for the consumer market (Lasko brand), air purifiers (Germ Guardian brand), ventilation products such as range hoods and bathroom exhaust fans to the construction industry (Air King brand) and water damage restoration products such as air scrubbers and dehumidifiers (B-Air brand). Lasko's products are sold in North America, South America, the Caribbean, and Asia. The company is recognized as the leader in the portable fan and portable heating categories and proudly operates American manufacturing, assembly, and distribution facilities across the US. Lasko's leading market share in fans and heaters is 2X - 4X larger than the #2 brand. Lasko's domestic production capabilities uniquely position Lasko to serve its customers.
Lasko's Mission is to improve everyday life with trusted products which create a healthier and more comfortable environment. The company's success is based on 5 Core Values:
- Be Bold:
- Challenge the status quo
- Courageously pursue the impossible
- Reject mediocrity
- Be Together
- Work together for success
- Drive trust and candor with each other
- Prioritize "We" before "I"
- Be A Leader
- Lead with personal conviction
- Inspire each other to deliver high- quality results
- Leverage resilience and agility to drive excellence
- Be Accountable
- Consistently deliver to our customers
- Embrace commitments as a contract
- Take pride in our actions
- Be The Change
- Demonstrate a passion to win
- Make a difference at work in our communities
- Step forward and take initiative
The Lasko family owned and operated Lasko Products until November 2016, when private investment firms Comvest Partners and JW Levin Management Partners ("JWLMP") acquired the business. Comvest Partners and JWLMP are committed to growing the business with investments in growth and productivity.
Geographic Reach
Based in the greater Philadelphia, PA area, Lasko Products operates in locations throughout the US and Canada. The company's Tennessee, Texas, and Pennsylvania manufacturing facilities produce both indoor and outdoor fans and heaters. The company also sources select products internationally from China, Taiwan, Vietnam, Malaysia, and India. Lasko operates distribution centers in all manufacturing locations plus Nevada and Ohio.
Diversity & Inclusion
Comvest and its portfolio companies recruit, employ, train, compensate and promote regardless of race/national origin, gender/gender identification, sexual orientation, age, disability status, veteran status, religious affiliation, and other protected status. We have a clear vision to be the place where diverse talent wants to come, stay, and do their best work. We know our companies run on the hard work and dedication of our passionate and smart employees. We believe that diversity within an organization creates long-term value for the organization itself and its constituents. Comvest and its portfolio companies are high performing organizations that seeks to hire hard-working and dedicated high performers. While Comvest and its portfolio companies always strive to look at a diverse pool of candidates, we will always choose the most qualified candidate for the job being recruited for, in order to strive for success for both the employee and the firm.