Manage two cost accountants including work allocation, training, promotion, compliance with internal procedures and controls, and problem resolution.
Develop expertise with corporate enterprise resource planning (ERP) system and assist with problem resolution for issues related to inventory postings, production order variances and product costing.
Prepare and review general ledger journal entries and account reconciliations and research unusual items.
Monitor monthly cost accounting period close activities to ensure timely and accurate close.
Review balance sheet and income statement accounts for completeness and accuracy and investigate variances.
Manage standard cost setup and ensure accurate costing and inventory valuation.
Generate global inventory turns performance reporting by plant for management review.
Analyze inventory, production and cost of sales variances and provide explanations.
Develop capitalized variance forecasts using various inputs of manufacturing expense, resource hours, and other cost of sales expense.
Maintain inventory cycle counting results to support internal controls and audit requirements.
Evaluate excess and obsolete inventory reporting by plant and prepare quarterly estimate for management review.
Work closely with internal and external auditors on financial audits and internal controls testing.
Analyze global product warranty and extended coverage liabilities to ensure accuracy and completeness of accounts.
Prepare consolidated financial footnote disclosures for inventory and cost of sales components.
Key Performance Measures:
Accounting staff is trained and can perform their roles
Accounting procedures are documented and up-to-date
No material accounting errors or audit findings
No significant internal control deficiencies
Requirements
Bachelor's Degree in Accounting or equivalent required
5 years of validated experience in general accounting
Understanding of US Generally Accepted Accounting Principles
Experience with SAP or comparable ERP system
Outstanding digital literacy; expertise with Microsoft Excel
Strong problem solving and analytical skills
Excellent written and verbal communication skills
Ability to function well in a team-oriented environment
Prior management experience is preferred.
4-6 years of experience in financial analysis and/or accounting
Understanding of US GAAP Principles
Exceptional computer skills; expertise with Microsoft Excel
Scope Factors
Responsibility is primarily Allison Transmission US inventory and costing. Will collaborate with international plant locations.
2 direct reports
Allison Transmission is an equal opportunity
Benefits
The below list features some of the benefits currently available. Eligibility may be subject to the terms and conditions of governing documents and available benefits may be subject to change at the company's discretion.Choice of medical plans with prescription coverageEmployer HSA contributionDental & Vision InsurancePaid Parental LeaveShort & Long-Term DisabilityOther voluntary benefits including: Critical Illness, Hospital Indemnity, Identity Theft Protection and Pet Insurance401K with generous Company match & contributionAccrued Paid Time Off12 Paid Holidays + 1 Floating HolidayRobust employee wellness programTuition assistance programJob Description:Dental insuranceVision insurance401(k)Parental leave
Additional Information
JOIN THE TEAM THAT'S POWERING PROGRESS
Building cities. Driving commerce. Fueling Progress. For over 100 years, Allison has powered the vehicles and technology that move our world forward.
What powers us? Our employees. From the first person hired by James Allison in 1915 to the thousands across the globe who work for Allison today, we're driving progress everywhere because we employ top talent worldwide. In both the Allison Transmission and Allison Off-Highway Drive and Motion Systems business units, our team strives to Improve the Way the World Works.
Learn more about this role and how you can begin driving your career forward!
Allisontransmission · Indianapolis, IN