Plant Cost Accounting - Shared Services Analyst

Johnson Controls, Inc.
Jun 21, 2024
Jul 05, 2024
Work Mode
Full Time
Organization Type
Position Overview:

As a Plant Cost Accounting Manager in a shared services environment, you will be responsible for overseeing and managing accounting aspects of costing and inventory for multiple plant locations.

Job Responsibilities:

Cost Accounting:
  • Ensures calculation and review of relevant accruals and reserves, such as obsolete and slow-moving inventory, freight, and other related accruals.
  • Perform period end close - absorption accounting, PPV capitalization, variance analysis.
  • Manage the month-end close process, ensuring all account reconciliations are performed.
  • Maintain / set up annual standard costing systems for plant locations.
  • Analyze actual costs versus standard costs, identify variances, and provide explanations and recommendations to management.
  • Collaborate with finance teams at each plant location to ensure consistent costing practices and policies.
  • Support internal and external audits and compliance to accounting standards.
  • Prepare and present consolidated financial reports, including cost analysis and inventory valuation.

Process Improvement:
  • Identify areas for process improvement in a shared services environment and develop and implement solutions.
  • Collaborate with cross-functional teams to streamline processes and enhance efficiency.
  • Stay updated on industry best practices and technological advancements in cost accounting within a shared services model.

  • Fully qualified Cost Accountant, CMA or MBA (Finance) with 5 - 10 years of relevant experience in accounting for manufacturing locations.
  • Proven experience as plant accountant, cost accounting and inventory management, preferably within a shared services or multi-plant environment.
  • Flexible to work in regional shifts i.e. Americas & EMEA Shift.
  • Strong knowledge of cost accounting principles, inventory valuation methods, and financial analysis.
  • Experience working with ERP systems and advanced MS Excel skills for data analysis and reporting.
  • Excellent analytical skills with attention to detail and accuracy.
  • Strong communication and interpersonal skills to collaborate with cross-functional teams and present complex information in a clear and concise manner.
  • Ability to multitask, prioritize, and meet deadlines in a fast-paced shared services environment.