Professions
Professions is hiring: Accounting Manager in Somerset
Professions, Somerset, KY, United States, 42501
The Accounting Manager will oversee all financial operations within a manufacturing environment, ensuring accuracy, compliance, and strategic insight into the company’s financial performance. This role is responsible for managing core accounting functions, budgeting, and financial reporting, while leading a small team to support organizational goals and fiscal integrity.
Key Responsibilities
- Direct all accounting, budgeting, and forecasting activities for the manufacturing facility.
- Prepare and analyze financial statements, reports, and forecasts to provide actionable insights for leadership.
- Ensure full compliance with local, state, and federal reporting requirements and tax filings.
- Lead and mentor a team of accounting professionals to strengthen performance and process efficiency.
- Partner cross-functionally with operations, procurement, and executive leadership to align financial goals with overall business objectives.
- Manage cost-reduction and profit-improvement initiatives.
- Oversee annual budgeting and ongoing forecast updates.
- Conduct inventory costing, variance analysis, and inventory audits for raw materials, work-in-progress, and finished goods.
- Evaluate the financial impact of design changes, raw materials, or manufacturing methods on production costs.
- Compare standard costs to actual results and analyze variances to identify improvement opportunities.
- Review Bills of Material to ensure cost accuracy.
- Conduct internal audits to verify data accuracy and compliance with established controls.
- Identify and implement process improvements to enhance financial efficiency and reporting accuracy.
- Stay informed on evolving accounting standards, industry trends, and regulatory updates to maintain best practices.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum of five years of progressive accounting or finance experience, including at least two years in a supervisory role.
- Prior experience within a manufacturing or industrial setting is preferred.
- Demonstrated ability to analyze complex financial data and generate meaningful reports and projections.
- Proven problem-solving skills and ability to exercise sound judgment in decision-making.
Skills and Competencies
- Strong understanding of GAAP and financial regulations.
- Proficiency in financial reporting, budgeting, and cost accounting.
- Advanced Excel and accounting software skills.
- Excellent leadership, analytical, and communication abilities.
- Strong organizational skills and attention to detail.
- Ability to perform under pressure and meet deadlines in a dynamic work environment.