Sr. Cost Accountant

Become part of a team that champions wellness worldwide. CAPTEK Softgel International is a global leader in the development and production of high-quality nutraceutical supplements. As a contract manufacturer organization (CMO), we collaborate with innovators from some of the world's most successful brands.

Summary: The Senior Cost Accountant is responsible for managing the Cost Accounting responsibilities for ensuring accurate and timely financial statements to the CFO, Controller, as well as the senior leadership team and department heads. In addition, the Senior Cost Accountant is responsible for forecasting and budgeting for the responsible site.

Essential Duties and Responsibilities:

• Oversee the accounting operations of ancillary corporations, transaction-processing operations, and policies and procedures.
• Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate accounting standards and regulatory requirements
• Develop and maintain a system of controls over accounting transactions
• Improve the annual budget process including monthly Departmental reviews
• Oversee the external audits and ensure no material misstatements
• Handle other financial reporting including weekly flash reports and operational metrics
• Reviewing the work-in-process batches for financial accuracy including reviewing the material job issues, job receipts and job completion posted by production, and timely job closure
• Posting the encapsulation and bottling fees to each job which accounts for the labor and overhead burden
• Analyze rework jobs and develop an accurate burden calculation
• Maintaining the sub-ledger activities for Inventory, WIP, and BOM including but not limited to BOM implosions, cost updates, weekly sub-ledger balance postings and GL postings
• Responsible for analyzing the encapsulation and bottling fees for accuracy and updating as necessary until labor rates have been implemented
• Work with Purchasing on periodic standard material cost updates as necessary to ensure accurate cost of sales and inventory valuation
• Partnering with Warehouse/Inventory Control on weekly inventory cycle counts and physical inventories
• Work closely with Supply Chain on reduction of aged and obsolete inventory and estimate inventory reserve requirement
• Implement and train the Production team on labor and material usage capture
• Participate in the continuous improvement initiatives aimed to reduce job waste and material losses
• Provide analytics and reports to the management team on manufacturing costs

Educational Qualification:

• Bachelor's degree in Accounting or Finance

Required Skills / Experience:

• Minimum 5 years' of cost accounting experience
• Minimum 5 years of cost accounting experience in a food/drug manufacturing environment preferred
• ERP system experience is a must
• Demonstrated ability in synthesizing information to make critical decisions in a timely manner
• Excellent communication and interpersonal skills with proven ability to build positive work relationships across functional lines
• Strong financial, business, matrix management, and influencing skills
• Demonstrated ability to effectively manage multiple products and projects
• Proven problem-solving skills are a must

Supervisory Responsibilities:

• None

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly exposed to fumes or airborne particles. The employee is frequently exposed to work near moving mechanical parts and work in high, precarious places. The employee is occasionally exposed to toxic or caustic chemicals; outdoor weather conditions; extreme cold (non-weather); extreme heat (non-weather) and risk of electrical shock.

The noise level in the work environment is usually loud.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The employee must regularly lift and /or move up to 100 pounds, frequently lift and/or moveiiip to 25 pounds and occasionally lift and/or move more than 100 pounds. Specific vision abilities required by this job include Close vision, Distance vision, Peripheral vision, Depth perception and Ability to adjust focus. While performing the duties of this Job, the employee is regularly required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; climb or balance; stoop, kneel, crouch, or crawl; talk or hear and taste or smell. The employee is occasionally required to sit.

CAPTEK is an equal employment opportunity employer. In order to provide equal opportunities to all individuals, employment decisions will be based on merit, qualifications, and abilities, not on any mental or physical disability. We comply with the law regarding reasonable accommodation for disabled employees and applicants.

We do not discriminate on the basis of actual or perceived race, color, national origin, ancestry, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), reproductive health decisions, gender, gender identity, gender expression, religious creed, disability (mental and physical) including HIV and AIDS, medical condition (cancer and genetic characteristics ), genetic information, age, marital status, sexual orientation, military and veteran status, or any other characteristic protected by federal, state or local law. Our management team is dedicated to this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, employee activities and general treatment during employment.

Thank you for your interest in joining the CAPTEK team. You will be contacted shortly if your application is selected.