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Accountant IV (Assistant Plant Controller)

Job Description - Accountant IV (Assistant Plant Controller)

Description
 

The Accountant IV (Assistant Plant Controller) supports the financial operations of a high-volume manufacturing facility through cost accounting, financial reporting, budgeting, forecasting, and internal controls. This role partners closely with plant leadership and cross-functional teams to drive cost management, operational efficiency, inventory accuracy, and continuous improvement initiatives.

 

This position will serve Rheem North America in Montgomery, AL. This is an on-site position.



Responsibilities

Financial Reporting & Analysis

  • Prepare and analyze monthly plant financial results, including labor, material, overhead, scrap, efficiency, and inventory variances.
  • Support month-end, quarter-end, and year-end close activities in partnership with Corporate Finance.
  • Prepare journal entries, account reconciliations, financial schedules, and reporting in accordance with company policies and U.S. GAAP.
  • Perform detailed variance analysis (VOP, MoM, YoY, and VPY) and communicate key drivers and recommendations to plant leadership.

Cost Accounting & Inventory Management

  • Maintain and validate standard costs for manufactured products, including bills of material (BOMs), labor standards, routings, and overhead rates.
  • Partner with Operations and Materials teams to improve inventory accuracy, cycle count effectiveness, and overall inventory management.
  • Monitor slow-moving and obsolete inventory while supporting working capital and inventory turn initiatives.
  • Analyze manufacturing costs and recommend opportunities for cost reduction and process improvement.

Budgeting, Forecasting & Financial Planning

  • Assist with the development of annual budgets and monthly forecasts, incorporating volume, mix, and scenario-based planning.
  • Support productivity, cost-reduction, and capital investment initiatives through financial modeling, business case development, and ROI analysis.

Operational Business Partnership

  • Serve as a strategic finance partner to plant leadership, production, maintenance, engineering, and continuous improvement teams.
  • Provide financial insights and analysis to support labor efficiency improvements, scrap reduction, yield enhancement, and make-versus-buy decisions.
  • Participate in Lean manufacturing and continuous improvement initiatives with a focus on driving operational and financial performance.

Controls, Compliance & Process Improvement

  • Support compliance with internal controls, company accounting policies, and audit requirements.
  • Assist with internal and external audits and recommend corrective actions to strengthen financial controls and compliance.
  • Maintain and analyze data within ERP systems (Oracle or similar) and drive improvements in reporting accuracy, data integrity, and financial processes.
  • Support ERP enhancements, system upgrades, and process improvement initiatives that increase efficiency and reporting effectiveness.


Qualifications
  • Bachelor’s degree in Accounting, Finance, or related field
  • 7+ years of progressive experience in Manufacturing finance, Cost accounting or plant accounting.
  • Strong working knowledge of Standard costing, Inventory accounting, Manufacturing variances.
  • Experience working in an ERP environment (Oracle preferred)
  • Excellent communication skills, written and verbal, with attention to detail and accuracy.

  • Proficient computer skills and in-depth knowledge of relevant software such as MS Office Suite.

  • Demonstrates ability to work well with others in a matrix team environment.

  • Experience with financial reporting.

  • Ability to handle confidential information in a discreet and professional manner.

  • Problem analysis and problem-solving skills.

HOW TO STAND OUT:

 

  • CPA or CMA certification
  • Experience in high-volume or mixed-model manufacturing
  • Exposure to Lean manufacturing or continuous improvement environments
  • Experience supporting capital projects and sourcing evaluations

 

As a leader at Rheem, how you achieve results is as important as the results you achieve. While LEADING OTHERS, you will be expected to demonstrate the following competencies and behaviors:

  • Aligning Performance for Success
  • Applying Business Knowledge
  • Building Talent
  • Building Trusted Relationships
  • Communicating with Impact
  • Customer-Orientation
  • Delegating Tasks
  • Executing/Leading the Team
  • Facilitating Change
  • Fostering Relationships/ Emotional Intelligence
  • Influencing
  • Problem Solving & Decision Making
  • Supporting Innovation

Equivalent combination of education, experience, and skills may supplement above minimum job requirements.

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