Cost Accountant

Job Id:  7906
City: 

HEREFORD, Texas, United States

Department:  FINANCE
Function:  Finance
Employee Type:  Permanent Full Time
Seniority Level:  Not Applicable
Description: 

Advanta is a global seed business adapting to rapidly increasing food insecurity and climate change by providing farmers with innovation and new technologies. As part of UPL Group, Advanta aims to deliver high quality seeds with excellent agronomic practices and crop protection solutions. Advanta operates in over 80 countries under global brands of Advanta, Alta and Pacific Seeds. Advanta holds a leadership position in tropical and sub-tropical geographies in corn, grain and forage sorghum, sunflower, canola, rice, and a variety of vegetables. With over 60 years' experience in plant genetics, Advanta provides seeds technology that ensures crop performance and farmers prosperity.

Key Responsibilities

The successful candidate will be a self-starter with the ability to work in a team environment.  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill, and/or ability required.  

 

Tracking & Reporting

  • Manage inventory including addition, movements, and reconciliation.
  • Perform monthly OH flux analysis. Ensure that all OH spend stays within budget.
  • Investigate variances to standard cost.
  • Monthly forecasting vs actuals in SAP – ABS of the cogs component
  • Ensure accuracy of cogs and inventory accounts each month.
  • Assist with reporting for monthly and quarterly reviews to HQ.
  • Monthly analysis of cogs, reconciliation and analysis of actual vs Budget

 

Compliance

  • Assist with the process of confirming segregation of duties and checks and balances are in place.
  • Work closely with the Corporate Controller to ensure all inventory and cogs accounts are reported in accordance with US GAAP and IFRS as needed.
  • Ensure corporate compliance with all related party transactions with regards to seed purchase and sale. 
  • Ensure that purchase orders, production orders and inventory movements are processed according to standard operation procedures.
  • Review all existing processes and procedures to find ways to reduce inefficiency, strengthen existing processes, and add new procedures as needed.
  • Support all audit activities including quarter reviews, year-end and internal audits to ensure timely completion. Maintain filing documentation – Electronic/Hard copy
  • Assist with systems and process guideline creation

 

Planning & Analysis

  • Review the cost components and variances each month for accuracy and recommend ways to realize savings.
  • Reconcile inventory accounts on a monthly basis.
  • Support operational cost budgeting and forecasting
  • Additional analysis and projects on an as needed basis.

 

Requirements

  • BS degree in Accounting, Finance or relevant field
  • 3-5 years cost accounting experience
  • SAP knowledge is a must
  • Advanced excel skills
  • Production accounting experience
  • Thorough knowledge of basic accounting procedures
  • In-depth understanding of Generally Accepted Accounting Principles (GAAP)
  • Familiarity with financial accounting statements
  • Experience with general ledger functions and the month-end/year-end close process
  • Accuracy and attention to detail
  • Aptitude for numbers and quantitative skills
  • Agricultural experience a plus

 

We are one team, for maximum impact. One team with shared goals. We all play for the team and no one plays against the team. We have a laser-like focus on what our customers need and want, on anticipating their future needs and on how we can create innovative solutions and experiences for them.

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