Accountant - Land O'Lakes Inc.
Arden Hills, MN 55112
About the Job
As an Entry-Level Cost Accountant, you will play a vital role in supporting the financial health of Land O'Lakes Animal Nutrition business. This position offers an excellent opportunity for individuals looking to grow their accounting career with a local Fortune 250 organization. In this role you will partner with our animal nutrition manufacturing plants and distribution centers ensuring accurate inventory and financials.
This role is located at our Corporate Headquarters in Arden Hills, MN (hybrid work arrangement each week)
Your primary responsibilities include:
- Work with key partners on product cost set-up, work order completions, sales and receiving corrections, freight issues, and cycle count reconciliation
- Evaluate, analyze, and resolve product costing to provide accurate reporting.
- Update standard costing to new calculated weighted average cost based on weekly activity.
- Review and analyze weekly costing variances.
- Evaluate and correct general ledger activity and balances to ensure accurate gross margin reporting.
- Reconcile balance sheet accounts
- Analyze and explain COGS variances month over month
- Execute month-end close activities including journal entries, account reconciliations
- Assist direct ship business with co-manufacturer daily and monthly tasks, reconciliations, and journal entries
Education/Experience:
- Bachelor's degree in Accounting/finance or related required
- 1-2 years experience in accounting
- Proficient with ERP accounting applications and Microsoft products, advanced excel required; JDE or SAP desired
Competencies and other skills:
- Thorough understanding of financial drivers in inventory and cost of goods sold
- Strong analytical skills to assess variances, trends and reserve requirements
- Attention to detail and accuracy required
- Ability to work in fast-paced, changing environment under strict deadlines
- Strong process design, system understanding, and project implementation skills
- Proven ability to build relationships with peers and internal customers
Preferred Experience & Education:
- Prior Cost Accounting experience a plus
- Prior Manufacturing and/or Ag-Businesses experience a plus
About Land O'Lakes, Inc.
Join us and be part of a Fortune 250, farmer- and member-owned cooperative that is reimagining the business of food. We have been named a Top Workplace by Indeed and LinkedIn, and to the TIME 100 Most Influential Companies list.
We provide a broad portfolio of benefits to keep you and your family at your best. Land O'Lakes is Where Your Future Takes Root.
Land O'Lakes, Inc. is an Equal Opportunity Employer (EOE) M/F/Vets/Disabled. The company maintains a drug-free workforce, including post-employment substance abuse testing pursuant to a Drug and Alcohol Policy.
Neither Land O'Lakes, nor its search firms, will ever contact you and ask for confidential information over the phone or in email. If you receive a call or email like this, please do not provide the information being requested.