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Plant Accountant

Plant Accountant

Franklin ElectricMadison, Wisconsin, US
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Description

Responsible for accounting functions at assigned plants and / or cost centers; this includes period-ending accounting processes, reporting, asset management through inventory and accounting reconciliation, forecasting, budgeting, and general audit duties. Utilizes manufacturing cost accounting procedures.

Key Responsibilities

  • Tracks revenue and expenses. Reviews finances for assigned plants / cost centers.
  • Analyzes standard costs and researching cost change drivers.
  • Analyzes data to detect deficient controls, duplicated efforts, fraud, or noncompliance with laws, regulations, and management policies.
  • Researches complex transactions and prepares documentation outlining issues and conclusions.
  • Works with business leaders to create business unit budget and forecasts.
  • Prepares journal entries, period-end reporting, accruals, amortization schedules, and other reports.
  • Reviews mfg. accounting procedures and recommends changes in operations and financial activities that will improve productivity and effectiveness of the assigned business units.
  • Conducts annual physical inventories or supports cycle counts throughout the year.
  • Ensures that the internal control procedures are established and followed in accordance with Sarbanes Oxley and in compliance with company guidelines.
  • Assist with developing and updating reporting surrounding Functional areas for Operational meetings for Global Product Supply and analyzing the results.
  • Review in-depth working capital drivers and collaborate with the Operations team for optimization.
  • Review financial analysis for capital intensive projects and provide guidance in collaboration with the manufacturing team.
  • Performs other related duties as required or assigned.

Skills Knowledge and Expertise

  • Effectively communicates information and responds to questions in person-to-person and small group situations with vendors, internal and external customers, the general public, and other employees of the organization.
  • Reads and understands documents such as policy manuals, safety rules, operating and maintenance instructions, and procedure manuals.
  • Writes routine reports and correspondence.
  • Adds, subtracts, multiplies, and divides numbers (using currency and other forms of measurement).
  • Utilizes common-sense understanding to carry out written, oral, or diagrammed instructions.
  • Deals with problems involving several known variables in situations of routine nature.
  • Plans the time, method, manner, and / or performance sequence of own work; may also occasionally assist in planning work assignments performed by others within a limited area of operation.
  • Frequently makes decisions of both minor and major importance, which may affect the work operations of other employees and / or clientele to a moderate degree.
  • Completes some moderately repetitive tasks.
  • Uses noncomplex and complex machines and equipment.
  • Education and Experience

  • Bachelor’s degree in accounting, finance, or a related field (required).
  • One to five years of relevant experience in accounting, finance, or a related field (preferred)
  • Computer Skills

    Intermediate : ERP system experience, JD Edwards E-1 experience (preferred).

    Intermediate : Microsoft Office suite (required)

    Intermediate : Business Intelligence or similar power business reporting tools (preferred).

    Intermediate : Data Analytics, Power BI, SQL / ODS (preferred)

  • This role is onsite five days a week at the Madison Facility.
  • Why Work at Franklin Electric?

    Becoming a part of the Franklin Electric team not only provides outstanding benefits, it also opens doors to opportunities for future growth. Enjoy peace of mind with a world-class company. But more importantly, be satisfied in knowing you make a difference.

    Franklin Electric is a global leader in water and energy systems, committed to continuous improvement and innovation to meet the diverse needs of our customers. Our founders in 1944 named the company after America’s pioneer electrical engineer, Benjamin Franklin, which lives on today in our culture to drive us to push boundaries and create meaningful change. We offer a comprehensive range of pumps, motors, drives, and controls for residential, commercial, agricultural, industrial, and municipal applications.

    More than just a workplace, Franklin Electric is a vibrant and inclusive community of forward-thinkers, united by our mission to drive positive impact worldwide. Our culture fosters career growth and personal development, with a focus on promoting from within and nurturing talent. Our recent awards in “America's Most Responsible Companies”, “Most Trusted Companies” by Newsweek, “America’s Climate Leaders” and “Indiana’s Best Places to Work” attest, we're dedicated to upholding the highest standards of corporate responsibility.

    At Franklin Electric, we believe that everyone deserves to be treated fairly and respectfully, and that our diversity of thought, culture and experience makes us a stronger company. Our commitment to social responsibility is evident in programs like the Franklin Women's Network and our philanthropic efforts through the Franklin Wells for the World Foundation. Through these endeavors, we've provided clean water to over 284,000 people in 12 countries, addressing the global water crisis head-on,

    Locally in our communities, the Franklin Electric Charitable and Educational Foundation (FECEF) supports causes close to our hearts, such as United Way, Boys & Girls Club, and Big Brothers Big Sisters. Our dedication to excellence extends beyond our products and services, shaping a brighter future for both our employees and the communities we serve. Join us in driving meaningful change and making a difference with Franklin Electric.

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    Plant Plant • Madison, Wisconsin, US