Novolex ยท 3 days ago
Sr. Finance Analyst, Operations
Novolex is a leading manufacturer of food, beverage, and specialty packaging that supports multiple industries. The Sr. Finance Analyst, Operations will be responsible for maintaining the accuracy of machine costs and inventory valuations, providing cost support and analysis, and ensuring effective communication across various departments.
ManufacturingPackaging ServicesPlastics and Rubber Manufacturing
Responsibilities
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
Qualification
Required
Bachelor's Degree in Accounting required
5+ years of cost accounting in a manufacturing standard cost environment
Strong written and oral communications skills
Advanced Excel and/or Access skills required
Experience with SAP/ERP, required
Preferred
CMA and/or CPA preferred, but not required
Experience with Propel and Basware systems preferred
Benefits
Medical, dental and vision insurance
Variety of other well-being resources focused on mental, physical and financial health
Focused giving program
Support for formal education through the Tuition Reimbursement Program
Company
Novolex
Novolex is a packaging and food services company that serves customers in retail, grocery service, institutional, and industrial markets.
Funding
Current Stage
Late StageTotal Funding
unknown2022-02-14Acquired
Leadership Team
Recent News
2026-01-07
Precedence Research
2025-12-05
Company data provided by crunchbase