Cost Accounting Supervisor
EATONAreciboUpdate time: March 29,2022
Job Description
Eaton’s CPD PCD Power Components Division is currently seeking for a Cost Accounting Supervisor to join our team. This position is based at our Arecibo, PR facility. PRIMARY FUNCTION Provides leadership to the Cost Accounting function within Arecibo site, ensuring accurate financial information on product costs, standard margins, inventory at the plant, cost savings, and other required specific analysis on request. Leads and supervise the implementation of strategies to improve our processes of inventory management as well as the implementation of new products at the plant by development accurate costing and valuations. Manages and prepare all inventory and cost related entries, physical inventory coordination (including reconciliation), and all cost accounting and inventory related processes according to EATGr\J Financial Policy requirements. ESSENTIAL FUNCTIONS Functions BOM Audits and corrections for Feeders and Assembly parts. Promote continuous routing updates to capture cost improvements and productivity. Verify drawing structure vs. Mapics and production actual process. New Products implementations Work directly with the NPD team on the development of adequate standard cost on new products implementations. Evaluate BOM's and routing to ascertain completeness and complete validations at plant with manufacturing engineering team. Lead the implementation aspects related to product costing and work with buyers to guarantee adequate valuation of all materials added to products. Production STD deviation control and accountability. Follow up to deviation process and its application. Material changes in the production lines (book cost variations). Performs annual cost roll process to establish plant manufacturing rates and maintain standard costing system. Physical Inventory Organization, leadership & execution. Local Instructions Supplies and organization of process. Personnel Orientation. Assignments distribution. Accountability verification and control Post-inventory reconciliation (Actual vs. books) Determination of major detractors and variance reconciliation to GL All Inventory Accountability Control, performed the following reports: Weekly analysis purchase price variances Analysis of APPO reports and adequate transactions on inventory and receiving processes. Approval of salvage Sheet disposition documentation: Authorize obsolete material disposal with authorization from Leadership Team members and properly reserved for. Material at vendor (outside premises) reconciliation Perpetual balances reconciliation Management of perpetual inventory transactions in AS400 (Mapics). Transactions management and controls implementation for all material movement Recording of material usage. Scrap auditing and accountability, performed by the following reports and activities: Identification of worst offenders: Report used to identify material with worst scrap. Rework and salvage material opportunity activities. General Process Improvement and accuracy. Closing entries generated in Ledgers: 4099-4102-4117 (R2051) for cost related activities such as: Issues to the lines (Material sent to production), L-Orders, Cost of Sales, Scrap/ Salvage Sheets, Inventory adjustments, Material Price Variance, Cayman ledger gross margin, Commercial Returns reclassifications (CORE), Inventory allowance review & adjustments. Managerial / Supervisory Responsibilities The Cost Supervisor will supervise the Cost Accounting Analyst Show the total number of employees that this role will supervise (directly or indirectly) Qualifications SPECIALIZED KNOWLEDGE Bachelor's Degree in Accounting or Finance Minimum Five (5) years of experience in a similar position. Supervisory Experience Fully Bilingual (English/Spanish) with good oral and written communication skills PC knowledge: Windows, Microsoft Office, AS400 Knowledge in audit techniques and General Accounting Principles. System knowledge expertise required (MAPICS, VISTA, MENTOR, ACCESS, ORACLE) Preferable: CPA Master's Degree Availability to work extended hours when required by management. Proactive attitude towards problem solving and resolving issues. Ability to work under pressure Legalmente autorizado para trabajar en los Estados Unidos sin el patrocinio de la compañía. / Legally authorized to work in the United States without company sponsorship. As a contractor with the Federal government, Eaton is subject to the Executive Order mandating COVID-19 vaccination. As permitted by applicable law, the candidate(s) hired under this posting must provide evidence of full vaccination as defined by CDC guidelines, or request a medical, pregnancy or religious accommodation exempting them from the requirement. Vaccination status will not be verified until after an offer of employment is provided, and candidates may also request a medical, pregnancy or religious accommodation at that time. Eaton also considers qualified applicants regardless of criminal histories, consistent with local laws. To request a disability-related reasonable accommodation to assist you in your job search, application or interview process, please call 412-893-3600 or send an email to: AccommodationsForApplying@Eaton.com Eaton considers qualified applicants regardless of criminal histories, consistent with local laws. To request a disability-related reasonable accommodation to assist you in your job search, application or interview process, please call 412-893-3600 or send an email to: AccommodationsForApplying@Eaton.com What you will get from us Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic and mechanical power – more safely, more efficiently and more reliably. Making what matters work at Eaton takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours. Eaton’s 2020 revenues were $17.9 billion, and we sell products to customers in more than 175 countries. We have approximately 85,000 employees. We make work exciting, engaging and meaningful for our employees through our dedication to tackling some of the toughest power management challenges on the planet and by never losing sight of what matters. Our culture is built on a strong commitment to practicing our core values and supporting our employees with the tools they need to succeed. We pledge to always foster a diverse and inclusive environment, including inclusion resource groups that bring together employees who share a common purpose, interest or background. In the past year, our company has received top employment recognition by the Human Rights Campaign and almost fifty percent of our Board of Directors represented diverse groups. When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we — as individuals and as a company — are stronger. We have demonstrated our passion for sustainability with the recent announcement of cutting carbon emissions from the company’s operations by at least 50 percent by 2030. We are ethical, passionate, accountable, efficient, transparent and committed to learning. We are confident we can deliver on our promise to improve the quality of life and the environment because of the attributes that our employees embody. We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law. Job: Finance/Accounting Region: North America – US/Puerto Rico Organization: EPG CPD PCD Power Components Division Job Level: Team Leader/Supervisor Schedule: Full-time Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No Does this position offer relocation?: No Travel: Yes, 10 % of the Time
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