Sr Accountant

Company: The Hershey Company
Location: Stuarts Draft
Posted on: January 22, 2025

Job Description:

Sr Accountant










Posted Date:


Jan 7, 2025









Requisition Number:


123927











Job Location: Stuarts Draft, VA (Multiple locations)

Summary:

The Senior Accountant's primary focus will be to understand and anticipate variance issues on the production lines and be the Line Performance Reporting (LPR) expert and champion for the plant. The Senior Accountant will also lead the management of inventories, production analysis, and profit plan development, & take the lead in training accounting employees. The Senior Accountant will be actively involved in supporting data accuracy in LPR. The ability to work independently with many different plant disciplines is a critical component of success, as is the ability to ensure the accuracy of reports and analyses under tight deadlines. Additionally, being able to multi-task and work on projects with little direction is required.



In addition, the Senior Accountant:

• Plant Performance Reporting: Support the Plant Controller in developing, analyzing, and reporting performance, budgets, outlooks, monthly close, and financial controls.
  
• Assist in performing plant analytics and analyzing anomalies and variances to enable the plant to address issues and improve performance.
  
• Assume responsibility for utilizing the above data analysis to determine the causes of performance shortfalls.
  
• Issue performance reports that highlight performance shortfalls to applicable Plant users.
  
• Work with Manufacturing and Plant Management to determine the causes of significant long-term and short-term performance shortfalls on Key Performance Indicators and focus efforts on overcoming any shortfalls.
  
• Use outlooks and various performance analysis statistics. These statistics will include line mix and production pounds. Use this analysis to assist in various outlook submissions to Corporate Finance.
  
• Assist the plant in delving more deeply into financial concerns or controls as required.
  
• Sarbanes-Oxley Compliance: Facilitate the development of the Plant's quarterly SOX compliance reporting and annual testing of SOX process effectiveness. This includes maintaining the monthly SOX binder and directing the monthly cost center manager sign-off process and follow-up resolution of aged GR/IR differences and aged open POs
  
• Inventory Control: Support the Inventory & Accounting Analyst in managing plant raw material packaging, work-in-process, finished goods, and MRO inventories while ensuring an adequate system of internal accounting controls. This includes assisting with physical inventories, analyzing physical adjustments, controlling obsolescence, and resolving goods movement and workflow errors
  
• Fixed Asset Control: Coordinate the annual fixed asset inventory process and facilitate the prompt disposition of fixed asset additions, deletions, and transfers following established procedures.
  
• Annual Budget and Standards Revision Process: (may be up to 50% of time during months of August-October)
  
• Coordinate the establishment of new product standards, direct labor and variable overhead rates, and typical overhead budgets to assist in the annual plan process.
  
• Linking of the budget package, which provides a summary of relevant profit plan details, to supporting detail.
  
• Ability to work on-site in 2 locations with an approximate time per month of 40% in Stuarts Draft's plant and their remaining time at the Reese plant and following manufacturing's WFH policy.
  
  
  
  
  Scope of position:
  
  
  
• Common (Fixed) Cost. 2024 Budget: $75 million
  
• Variable and Controllable Costs: 2024 budget $89.2 million
  
• Fixed Assets: (approximate book value as of 12/2021) $202 million
  
  
  
  
  Skills and Experience:
  
  
  
• SAP preferred
  
• Advanced Spreadsheet Skills - Excel required
  
• Advanced Analytical Ability and good interpersonal skills.
  
• Periodic Flexible Work Hours (Physical Inventories, Month-end Close, Budgeting)
  
  
  
  
  Minimum Requirements and Education:
  
  
  
• Minimum 5 years of related manufacturing accounting experience required
  
• B. S. in a business-related field is required. Accounting or Finance Degree strongly preferred
  
• Advanced degree and/or certification (CPA, CMA, MBA) is preferred but not required.
  
  
  
  
  #LI-CE1
  
  #LI-Onsite
  
  
  
  
  
  
  
  
  
  
  
  
  
  

Keywords: The Hershey Company, Annandale , Sr Accountant, Accounting, Auditing , Stuarts Draft, Virginia