Oct 14, 2021

Cost Accountant II

  • OneTrust
  • Fayetteville, TN, United States

✍🏾Job Description

Franke is a world leading provider of products and solutions for residential kitchens, professional foodservice and coffee preparation established in 40 countries. At Franke, we want to make everything we do wonderful - from what we manufacture and design, to the way we deal with our partners, customers and each other.



In this role, you will contribute by:

Responsible for the financial performance and reporting of the monthly close process and analysis of Sales, Inventory, Cost of Goods Sold (COGS), and other Operational metrics for our Fayetteville, TN plant operations.  

  • Analyzes & makes recommendations to leadership on the adequacy of controls in place for Inventory and COGS reporting.
  • Develops standard costing and material overhead rates and compares budgeted expectation against actual results.  Makes recommendations for improvement of costing process to ensure budgeted expectations are in alignment with actual results.
  • Performs monthly closing duties and makes recommendations for accruals and accounting treatment pertaining to Sales, Inventory, COGS, and Warranty.
  • Prepares commentary and reporting for Finance leadership review including comparatives of actual versus budget and forecast performance for Sales, Inventory, COGS, Warranty and departmental expenses.
  • Performs financial data analysis and develops complex custom reports and dashboards using in-house reporting platforms.
  • Partners with Finance leadership in the development of yearly budgets for Sales and COGS.
  • Maintains and audits all worksheets, journal entries and reconciliations required for the month end close process.
  • Performs detailed calculations and analysis to determine inventory reserves to reduce costs.
  • Provides input for process improvements to the inventory and fixed assets activities to support a timely and accurate accounting close.
  • Works with the business to monitor on-going cycle counts, ensuring accuracy of inventory counts, supporting documentation and review of results and adjustments.
  • Assists with forecasting and the annual budget preparation process relating to cost of sales and product margins.
  • Partners with different functions of the business to ensure accuracy and control of master data related to bill of materials and other inventory transactions.
  • Coordinates physical inventory planning and execution including establishment and scheduling of resources.
We are looking for:
  • Bachelor’s degree in Accounting, Finance, Business Administration or related field.
  • Six (6) years of cost accounting experience in a manufacturing environment performing monthly closing, inventory control, and financial reporting and analysis.
About Franke

Franke is a world leading provider of products and solutions for residential kitchens, professional foodservice and coffee preparation established in 40 countries. At Franke, we want to make everything we do wonderful - from what we manufacture and design, to the way we deal with our partners, customers and each other.

Franke Foodservice Systems is the world’s leading provider of kitchen equipment, supplies and a broad range of services for leading restaurant chains. Serve up wonderful moments with our foodservice Systems.