Manager, Sales & Operations Accounting

Job Summary

Manages a staff responsible for the timely and accurate reporting of sales, cost of sales, product manufacturing related expenses, and inventory at standard cost in accordance with Company accounting and reporting requirements, as well as U.S. Generally Accepted Accounting Principles (GAAP). Independently analyzes and interprets financial results to accurately measure performance and provides value-added information to Management. Reviews all policies related to Sales and Operations Accounting to ensure that policies continue to have relevant controls and address all external and internal audit recommendations.

About the Role

Responsibilities:

• Leads monthly financial close activities related to sales, cost of sales, manufacturing accounting, and inventory.
  • Ensures accurate financial results by reviewing and approving journal entries prepared by staff, reviewing financial statements, analyzing account balances for unusual trends, and presenting results to Management.
  • Analyzes manufacturing accounting in the ERP system to ensure that activities have correctly captured materials issues, completions, labor, and overhead and that the transactions are properly accounted for in the general ledger.
  • Supports the Company’s internal and external auditors as a primary contact for information and reports related to sales, cost of sales, inventory, accounts receivable, standard cost, and manufacturing accounting and to explain complex accounting concepts.
  • Understands sales and cost accounting procedures and determines the most appropriate means to handle unusual accounting circumstances that fall outside of normal working parameters.
  • Supports the U.S. distribution centers by providing clear guidance on accounting inquiries.
• Ensures all financial reports are completed accurately and timely. Proactively partners with business partners to understand data discrepancies or provide relevant analysis and business solutions.
  • Assists Supply Chain management in the decision-making process by developing reports that analyze and present actionable financial information. Oversees compilation of data related to the analysis of material loss, bill of material variances, cost savings, and work order problems and its presentation at monthly meetings with Manufacturing Operations.
  • Manages staff responsible for preparing monthly and quarterly reports for executive management, for analyzing sales, cost of sales, and inventory, for updating standard costs annually in the ERP system, ensuring the accuracy of the annual inventory revaluation, and for the annual update of the amounts at which inventory is sold to the international subsidiaries.
  • Identifies anomalies or unusual patterns in the financial results and the related impact to the business. Communicates issues identified, recommendations for resolution, and next steps to the Director, VP, or Executive as appropriate.
  • Independently develops reports that analyze and present actionable financial information. Manages the compilation, review, and distribution of monthly and quarterly reports.
  • Manages the process of providing standard cost or other financial data and explanations to Corporate Tax in support of income tax reporting, sales tax reporting, or global tax and customs audits.
  • Leads various research and analysis projects as independently identified or as requested by Management.
  • Interfaces with Company Executives concerning development and interpretation of policies and analysis of financial data.
• Manages the financial aspects of ERP system upgrades, modifications, and implementations for the area.
  • Ensures that financial reporting and data integrity requirements are incorporated in the project plans and that system testing is complete.
  • Proactively manages the global consistency of ERP data configuration as it relates to operations activities.
  • Works with various departments to develop and implement internal controls for the Corporate ERP system including financial integrity reporting, system upgrades, and system implementations.
  • Oversees the validation of data integrity for standard costs and related data in the ERP system and ensures that updates are made accurately and timely.
  • Responsible for working with various groups to identify gaps and discrepancies and to recommend core database changes to ensure accurate financial reporting.
  • Manages all changes related to U.S. accounting instructions in ERP system.
  • Provides guidance to Corporate Finance employees regarding ERP accounting research and questions.
  • Obtains summary level understanding of monthly sales and cost of sales for all top markets. Supports global markets by participating in international implementations of the Corporate ERP system, providing accounting and item configuration guidance, and leading assimilation meetings for new leaders to explain policies relevant to sales, cost of sales, and inventory.
• Manages Sales and Operations Accounting teams.
  • Implements Company, division, and department initiatives to ensure that staff and direct reports are adequately prepared and trained for their positions.
  • Works closely with Director to create key performance objectives and strategies for areas of supervision and holds primary responsibility for aligning objectives with appropriate staff and ensuring objectives are executed.
  • Identifies areas of development for direct reports and provides mentorship, direction, and plans of action for professional growth.
  • Oversees and is accountable for the administration of all human resource activities or the resolution of any human resource concerns for the Sales and Operations Accounting areas.
  • Ensures all areas under management maintain adequate personnel coverage and serves as a backup for direct reports when needed.
  • Participates with the Director in the development of department goals and objectives. Assists the Director in determining staffing needs, department forecasts, and personnel-related matters as appropriate.
  • Reviews and coordinates updates for documentation and business continuity plan.
  • Conducts cross training of staff to enable team members to assist in other capacities when co-workers are absent.
• Continuously assesses internal processes and implements changes that would allow greater process efficiency or enhanced reporting.
• This job requires on-site work at a Mary Kay facility.