Controlling Cost Analyst

Based in MSO HQ Office, IL, Mizkan America is a subsidiary of the Mizkan Group, a global, family-owned company that has been Bringing Flavor to Life™ for almost 220 years. As one of the leading makers of vinegars, condiments, and sauces in the United States, Mizkan America maintains 12 manufacturing facilities that serve the retail, food service, specialty-Asian and food-ingredient trade channels.

We are committed to following our two core principles: continuously challenging the status quo and delivering only the finest products for our customers. Our leadership seeks out, embraces, and implements ideas for improvement from all of its employees. Transparency and accountability are two key factors that drive our company’s overall management approach.

We are looking for people who are seeking to deliver their best so that we can deliver ours. Above all, we’re dedicated to maximizing the potential of our greatest assets—our team members. That’s reflected in our ongoing commitment to recruit, develop, reward, and retain our talented, multicultural workforce. We hope to see you as part of our team’s future success!

COMMENTS: The Cost Analyst will work for Mizkan America, Inc. at the Schaumburg location. This position will report to the Sr. COPA Manager. This job description reflects assignment of essential functions. It does not prescribe or restrict the tasks that the assignments.

Summary: Responsible for maintaining general ledger accounts and performing accounting tasks for Manufacturing Operations, such as updating ledger accounts and preparing monthly reports. Prepares necessary information for month end close, financial and/or management reporting, budgets, and other F & A needs. Understanding on GRNI (Goods Received not Invoiced) to optimize discounts and process payments accurately and timely. Constant interaction with the plants and the procurement team to resolve quantity and pricing issues is a must.

Documents and maintains processes that ensure appropriate internal controls are established.

• Incorporate Business Intelligence (BI) and digitalization into your financial reporting using Dynamics 365 (D365) and other data models.
• Implement automation to streamline the data collection and reporting process for controlling activities.
• Be able to leverage insights gained from BI tools to make informed reports, including trends, anomalies, and opportunities for improvement.
• Perform period-end financial closing responsibilities, including preparing journal entries, performing account reconciliations, and resolving reconciling items.
• Prepare month end reporting and reconciliation related responsibilities.
• Assist in monthly and annual physical inventory counts as well as reporting and analysis.
• Assist in providing documentation and work papers requested by external and internal auditors.
• Work closely with the plant controlling [Signature Brands & Commercial Brands] and operations management teams to deliver annual budget and costing templates needed to create Standard cost in ERP system.
• Assist in the analysis of business results and General Ledger accounts, recommending actions to maintain controls and deliver business results.
• Co-lead all new product costing estimates/calculations in D365 for the mid-year and annual cost roll.
• Assist with collecting and reporting financial and operational information to plants and corporate management.
• Support Accounts Payable Department with entering and reconciling inventory and non-inventory invoices into Coupa and D365.
• Assist with Received not Invoiced (GRNI) analysis in all systems including P2P platform.
• Respond timely to requests for information from management, auditors, or other business units.
• Assist and participate maintaining fixed assets book and tax records including CIP, additions/disposals, and depreciation expense.
• Partner in managing fixed assets Project order management (creation, funding, tracking, closing) and report variances.
• Develop and maintain accounting policies and procedures to maintain strong internal controls and ensure compliance with GAAP.
• Assist the manufacturing plants with Capital Project proposals, track progress of…