Marmon Foodservice Technologies · 1 day ago
Lead Cost Accountant
East Granby, CT
Full-time
Onsite
Mid, Senior Level
1+ years expMarmon Foodservice Technologies is a part of the global industrial organization Marmon Holdings. The Lead Cost Accountant will manage the overall cost accounting and inventory functions, ensuring compliance and maintaining inventory integrity while providing financial analyses to support effective inventory management.
CommercialFood and BeverageMachinery ManufacturingManufacturing
Responsibilities
Ensure compliance with Standard Practice Instructions and Sarbanes‑Oxley internal controls across all areas of responsibility
Develop methods to value inventory and maintain the integrity of all inventory records
Collaborate with Procurement to develop raw material standard costs
Load and maintain standard costs within the ERP system
Review and record daily inventory transactions into the General Ledger
Reconcile the General Ledger to the Stock Status Report monthly
Review, explain, and implement corrective actions for variances
Conduct physical inventories; reconcile counts to the General Ledger and detailed inventory records; record all fluctuations
Confirm consignment and toll copper inventory with outside vendors
Communicate inventory fluctuations to appropriate organizational levels
Prepare and/or oversee daily scrap reporting
Reconcile scrap reclaim with external scrap vendors
Establish and maintain Excess and Obsolete inventory reserves in alignment with corporate policies
Maintain the integrity of the labor and overhead reporting model to ensure proper expense matching with direct materials
Maintain the FIFO/LIFO reporting model, ensuring accurate inventory valuation monthly, including annual LIFOPro submissions for corporate tax reporting
Ensure accuracy and proper documentation of all cost‑related journal entries
Coordinate and maintain records for the cycle count program
Prepare financial analyses to support senior management in pricing and profitability decisions
Support continuous improvement efforts by identifying and implementing process efficiencies
Serve as a liaison between Manufacturing and Accounting to provide reporting and analysis that supports operational decision‑making
Act as the primary contact for Spec Engineering regarding costing for new and updated parts
Serve as the point of contact for external auditors on costing matters
Support the VP of Finance, Controller, and Assistant Controller in preparing management reports and corporate deliverables
Qualification
Required
Bachelor's degree (BS) from a four‑year college or university; or one to two years of related experience and/or training; or an equivalent combination of education and experience
Experience with ERP systems and advanced knowledge of Microsoft Excel (including functions such as VLOOKUP)
Ability to apply mathematical concepts such as fractions, percentages, ratios, and proportions
Strong organizational skills with the ability to manage multiple tasks and prioritize effectively
Excellent communication skills, with the ability to convey complex information clearly across all levels of the organization
Strong decision‑making capabilities
Company
Marmon Foodservice Technologies
Marmon Foodservice Technologies manufactures and supplies commercial food and beverage equipment.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Kristin Johnson
Human Resources Business Partner
Recent News
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