Cost Accounting Analyst
The Wine Group (TWG) is a leading producer of award-winning wines and alcoholic beverages across 120+ brands. With operations in California, New York and Australia, TWG is an innovator in developing and marketing brands beloved by consumers globally, including Cupcake, Franzia, Benziger, Imagery, Tribute, Chloe, 7 Deadly, Cooper & Thief, and more. We produce our products using sustainable practices to create delicious beverages that people can feel good about. Visit us at www.thewinegroup.com.
JOB SUMMARY
The Cost Accounting Analyst will interpret and analyze valuation of inventories produced or acquired throughout The Wine Group (TWG) facilities and perform relevant account reconciliations. This includes valuation of incoming grapes, wine, barrels, and work-in-process inventory. This position will be responsible for analyzing the flow of inventory assets throughout the company’s financial statements and compilation of standard cost variances. The Cost Accounting Analyst will have a robust accounting and analytical background, and will facilitate account reconciliations, analyzing problems and proposing solutions. In addition, this position will identify and help lead the implementation of both system and process improvements.
ESSENTIAL FUNCTIONS
- Reconcile bulk perpetual inventory to the general ledger.
- Process monthly bulk inventory accounting transactions (Blend Accounting).
- Act as the primary contact for troubleshooting and resolving issues with inventories produced or acquired throughout The Wine Group (TWG)
- Perform bulk wine inventory cost corrections as needed.
- Track, report, and resolve variances related to production of wine. (Shared responsibility)
- Assist in preparation of costing for wines to include conversion from grape and outside bulk purchases to do annual role of vintage cost standards to be used in creating standard costs for each year.
- Prepare workpapers related to the inventory segment of the annual financial audit.
- Maintain select overhead rate tables within TWG’s ERP system.
- Ensure that the blend accounting automatic accounting instructions (AAI’s) within TWG’s ERP system are consistent with the company’s cost accounting methodology.
- Demonstrate mastery of the company’s inventory chart of accounts.
- Perform account reconciliations in the inventory range of accounts.
OTHER FUNCTIONS
- Provide analytical and general accounting assistance within the department, as necessary.
- Interface with IT department as required for current and future projects related to organizational or departmental initiatives.
- This job description reflects management’s assignment of general functions; it does not restrict the tasks that may be assigned.
QUALIFICATIONS
- Four-year degree in business, accounting, or finance.
- Minimum of two years’ experience in a manufacturing accounting role.
- Ability to exercise discretion and independent judgment with respect to inventories, bulk inventory accounting transactions and the inventory segment of the annual financial audit.
- Must have a high aptitude for analysis and account reconciliation.
- Computer skills in accounting software and Microsoft Office Suite.
- Experience working in costed ERP system and general ledger accounting a plus.
- Good written and verbal communication skills.
- This position may require some light travel and extended hours.
PHYSICAL DEMANDS
- Primary work activities are remote.
- Limited travel to TWG facilities in California.
COMPENSATION
- Hiring Salary Range Posted: $71,800 - $107,800.
- Actual compensation will be based on factors such as experience; skills, knowledge, and abilities; education; and other position related factors.
At The Wine Group, we are proud to be an equal opportunity employer, and we are committed to an environment of mutual respect, diversity, and inclusion. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, disability, protected veteran status or other characteristic protected by law.
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NOTICE TO THIRD PARTY AGENCIES
Please note that we do not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Recruitment Services Agreement, we will not consider, or agree to, payment of any referral compensation or recruiter fee. In the event that a recruiter or agency submits a resume or candidate without a previously signed agreement, we explicitly reserve the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency.
Other details
- Job Family Finance/Accounting
- Job Function Finance
- Pay Type Salary
- Min Hiring Rate $71,800.00
- Max Hiring Rate $107,800.00
- Required Education Bachelor’s Degree
- The Wine Group, 4596 Tesla Rd., Livermore, California, United States of America