Accountant IV (Assistant Plant Controller

Accountant IV (Assistant Plant Controller)

The Accountant IV (Assistant Plant Controller) supports the financial operations of a high-volume manufacturing facility through cost accounting, financial reporting, budgeting, forecasting, and internal controls. This role partners closely with plant leadership and cross-functional teams to drive cost management, operational efficiency, inventory accuracy, and continuous improvement initiatives.

This position will serve Rheem North America in Montgomery, AL. This is an on-site position.

Financial Reporting & Analysis

• Prepare and analyze monthly plant financial results, including labor, material, overhead, scrap, efficiency, and inventory variances.
• Support month-end, quarter-end, and year-end close activities in partnership with Corporate Finance.
• Prepare journal entries, account reconciliations, financial schedules, and reporting in accordance with company policies and U.S. GAAP.
• Perform detailed variance analysis (VOP, MoM, YoY, and VPY) and communicate key drivers and recommendations to plant leadership.

Cost Accounting & Inventory Management

• Maintain and validate standard costs for manufactured products, including bills of material (BOMs), labor standards, routings, and overhead rates.
• Partner with Operations and Materials teams to improve inventory accuracy, cycle count effectiveness, and overall inventory management.
• Monitor slow-moving and obsolete inventory while supporting working capital and inventory turn initiatives.
• Analyze manufacturing costs and recommend opportunities for cost reduction and process improvement.

Budgeting, Forecasting & Financial Planning

• Assist with the development of annual budgets and monthly forecasts, incorporating volume, mix, and scenario-based planning.
• Support productivity, cost-reduction, and capital investment initiatives through financial modeling, business case development, and ROI analysis.

Operational Business Partnership

• Serve as a strategic finance partner to plant leadership, production, maintenance, engineering, and continuous improvement teams.
• Provide financial insights and analysis to support labor efficiency improvements, scrap reduction, yield enhancement, and make-versus-buy decisions.
• Participate in Lean manufacturing and continuous improvement initiatives with a focus on driving operational and financial performance.

Controls, Compliance & Process Improvement

• Support compliance with internal controls, company accounting policies, and audit requirements.
• Assist with internal and external audits and recommend corrective actions to strengthen financial controls and compliance.
• Maintain and analyze data within ERP systems (Oracle or similar) and drive improvements in reporting accuracy, data integrity, and financial processes.
• Support ERP enhancements, system upgrades, and process improvement initiatives that increase efficiency and reporting effectiveness.

• Bachelor's degree in Accounting, Finance, or related field
• 7+ years of progressive experience in Manufacturing finance, Cost accounting or plant accounting.
• Strong working knowledge of Standard costing, Inventory accounting, Manufacturing variances.
• Experience working in an ERP environment (Oracle preferred)
• Excellent communication skills, written and verbal, with attention to detail and accuracy.
• Proficient computer skills and in-depth knowledge of relevant software such as MS Office Suite.
• Demonstrates ability to work well with others in a matrix team environment.
• Experience with financial reporting.
• Ability to handle confidential information in a discreet and professional manner.
• Problem analysis and problem-solving skills.

HOW TO STAND OUT:

• CPA or CMA certification
• Experience in high-volume or mixed-model manufacturing
• Exposure to Lean manufacturing or continuous improvement environments
• Experience supporting capital projects and sourcing evaluations

As a leader at Rheem, how you achieve results is as important as the results you achieve. While LEADING OTHERS, you will be expected to demonstrate the following competencies and behaviors:

• Aligning Performance for Success
• Applying Business Knowledge
• Building Talent
• Building Trusted Relationships
• Communicating with Impact
• Customer-Orientation
• Delegating Tasks
• Executing/Leading the Team
• Facilitating Change
• Fostering Relationships/ Emotional Intelligence
• Influencing
• Problem Solving & Decision Making
• Supporting Innovation

Equivalent combination of education, experience, and skills may supplement above minimum job requirements.

At Rheem, we engineer products for life. For home life. For work life. For the life of the planet we all share. Backed by over 100 years of expertise, we're passionate about product innovation and boldly committed to sustainability. Our full line of global air and water solutions deliver reliable performance, comfort and energy savings for residential and commercial applications worldwide.

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