Banner

Financial Analyst 2 - Cost Accounting

The Wine Group, 4596 Tesla Rd., Livermore, California, United States of America Req #2042
Friday, October 18, 2024

An industry leader, The Wine Group is one of the world’s foremost producers of award-winning wines across more than 60 wine brands and many winery facilities in California, New York, and Australia. Headquartered in Livermore, California, TWG is an industry innovator when it comes to developing, marketing, and selling wine brands beloved by consumers around the world, including Cupcake, Franzia, Benziger, Imagery, Tribute, 7 Deadly, Cooper & Thief, The Dreaming Tree, Charles Smith Wines, and more. The Wine Group believes in producing wine using sustainable and earth-friendly practices to foster healthy land and agriculture for generations to come. The company demonstrates environmental stewardship through its commitment to clean energy and by ensuring that all its owned vineyards are certified sustainable or biodynamic. To learn more, please visit: www.thewinegroup.com.

JOB SUMMARY

 

The Financial Analyst 2 - Cost Accounting 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 Financial Analyst 2 - Cost Accounting 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.

 

#LI-NA1

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
Location on Google Maps
  • The Wine Group, 4596 Tesla Rd., Livermore, California, United States of America