Associate Cost Accountant​/Cost Accountant - Planters-Suffolk, VA

Job Description

Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue.

RESPONSIBILITIES:

• Manages staff that assist with resolving daily production challenges, inventory balancing, bill of material updates, standard yield maintenance and various customized reports to assist operations.
• Oversees new item setups, supply variance reviews, maintains and monitors standard yields, along with the day-to-day cost accounting functions at the plant.
• Coordinates and supervises period and fiscal year-end inventories.
• Responsible for Labor Cost, and Overhead updates.
• Reviews monthly balance sheet reconciliations for Inventory accounts, and possibly other accounts, while ensuring compliance to IPE standards.
• Reviews Inventory Adjustments and Foreign Material expenses within the P&L.
• Completes and oversees period close/quarter close tasks, as assigned by the Controller.
• Acts as a liaison between cost accounting, operations, and other management areas for the Data Collection (AS/400) system.
• Assists in the other cost duties as directed by their supervisor as the incumbent builds on their experiences.
• Supports the operations and management team as it relates to Cost Accounting.

QUALIFICATIONS:

Level of position offered, Associate Cost Accountant or Cost Accountant, will be based on candidates’ experience level and skill set

Required

• A bachelor's degree in accounting or finance.
• A pattern of initiative and leadership.
• Strong problem solving and decision-making skills.
• Well-developed interpersonal and organizational skills.
• Well-developed written and verbal communication skills.
• Must be a citizen or national of the United States, a lawful, permanent resident, or have authorization to work in the United States.
• Applicants must not now, or in the future, require sponsorship for an employment visa.

Preferred

• CMA, CPA or CIA certification or making progress toward certification.
• Operational accounting experience.
• Working knowledge of Oracle, AS400, and QAD systems.
• Experience managing a team.

COMPENSATION/BENEFITS:

At Hormel Foods, base pay is one part of our total compensation package and is determined within a range. The base hiring pay range for the Associate Cost Accountant is between $67,500 - $94,500 per year and the base hiring pay range for the Cost Accountant is $82,500 - $115,500, and your actual base pay within that range will, depend upon a variety of factors including, but not limited to, job‑related knowledge, skill set, level of experience, and geographic market location.

Other components of Hormel Foods’ total compensation package include comprehensive medical, dental and vision coverage, discretionary annual merit increases, bonuses, 401(k) with employer match, stock purchase plan, paid time off, FREE two-year community/technical college tuition for children of employees, and more.

Hormel Foods provides equal employment opportunities to applicants and employees without regard to race; color; sex; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; status as a protected veteran or spouse/family member of a protected veteran; or disability.