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Cost Accountant

Ferrara Candy Company Bloomington Full-Time
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Job Posting Title

Cost Accountant

Position Summary


Co-pilot within the Factory Leadership Team on day-to-day basis for assigned Local Committee (vision, organization, practices, initiatives/projects). Provide financial leadership by supplying plant and corporate management accurate and timely financial data, as well as analysis and recommended actions to identify and correct inefficient operations resulting in lower operating costs.  Ensure sound costing in adherence to financial legal requirements.  Ensure compliance of factory through leading the compliance network in the factory.


  • Challenge assumptions in seeking cost improvements in factory. Seek for & support cost improvement opportunities; be an active contributor to improvement projects & initiatives validate;  review proposed savings.  Utilize Continuous Improvement tools to improve processes and results.
  • Collaborate with Factory Management Team to manage costs related to Material Usage, Labor Usage, Fixed Overhead and Maintenance. Research variances to understand cause and work with tea, to develop way forward.
  • Work with Engineering to monitor Fixed Asset Register, perform cycle counts and request asset retirements or changes as required.
  • Compile reporting of actuals (including organizing and overseeing timeliness and accuracy of period-end close, and promoting ownership of data at source); and develop dynamic forecasts for the factory; ensure transparency of this process; follow up  and monitoring of progress to close gaps, ensuring financial policies, Accounting Standards and Costing Standards are followed.
  • Participate in business planning; prepare and coordinate the factory budget with factory management; Perform revisions or simulations if needed.  Work with team members to develop new product costing in accordance with costing standards.
  • Work with factory compliance network and technical group compliance network to roll out best practices to team in area of Compliance. Conduct internal audits to assess audit readiness.  Track compliance on open audit follow ups and ensure closure.  Work with other factories to roll out periodic peer audits and focus on corporate audit trend results.


  • B.S. Degree in accounting or other finance degree or equivalent.
  • At least 2 year's prior accounting experience (in manufacturing desired).
  • Prior budgeting experience preferred.


  • Ability to communicate to all audiences within the organization.
  • Aptitude with financial systems.
  • Strong financial modeling and analytical skills.
  • Strong skills with Microsoft excel.
  • SAP experience desired.


Skills required

Financial Statements
Analyze Bill
Perform Cost Estimate
Financial Analysis
Cost Information
Reconcile Physical Inventory


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Cost Accountant
Estimated Salary: $81K
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Job ID: R-01338


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