Manager, Cost Accounting

Category: Finance

Position Type: Regular Full-Time

External ID: 13475

Location: Torrance, CA, United States

Date Posted: Jun 6, 2024

Hiring Range: 128,480.00 to 144,760.00 USD Annually

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Overview

THE ROLE:

The Manager, Cost Accounting, will oversee various oversight roles related to cost accounting and reporting across our global organization. Critical to the role is the ability to develop efficient and effective standardized processes and implement automation where possible to help ensure accuracy and consistency within financial reporting. This role will maintain communication with various partners worldwide to resolve issues and implement best practices while reporting to the Senior Director, Operational Accounting.

HOW YOU WOULD CONTRIBUTE:

• Develop and maintain global standardized processes related to manufacturing and cost accounting.

• Support and improve global transfer profit program, identify potential issues, and work with countries to provide resolutions.

• Drive cost accounting automation projects design, implementation, and testing.

• Analyze manufacturing cost trends including materials, labor and absorbed overhead rates within our internal manufacturing facilities and contract manufacturing partners.

• Provide guidance and best practices related to cost accounting amongst our regional CoE teams.

• Develop and maintain monthly regional financial reporting packages related to Gross Profit, and Inventory.

• Maintain cost accounting “Best Practice” procedures to help ensure consistent and accurate reporting across the organization.

• Support requests from Finance teams and internal/external auditors.

WHAT’S SPECIAL ABOUT THE TEAM:

Team is comprised of a multinational group of cost accountants with significant years of experience in accounting, internal control development and data analytics. Environment promotes a spirit of collaboration across all departments within the company in a continual effort to “Build it Better”. The group leverages data automation and reporting tools to help standardized and streamline processes and controls.

Qualifications

SKILLS AND BACKGROUND REQUIRED TO BE SUCCESSFUL:

• Proven accounting experience in conjunction with strong analytical skills.

• Highly motivated with demonstrated initiative to improve on existing processes.

• Excellent working knowledge of Excel, including building of complex financial models.

• Experience using leading ERP software, proficiency with Oracle is an advantage.

• 7+ years professional experience in Accounting or Financial Analysis with public companies.

• 3+ years experience with Inventory and/or Cost Accounting.

• Professional experience within a manufacturing environment is preferred.

Education

• Bachelor's (BS/BA/BBA) degree in accounting

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At Herbalife, we value doing what’s right. We are proud to be an equal opportunity employer, making decisions without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected characteristic. We value diversity, strive for inclusivity, and believe the differences among our teammates is a key contributor to Herbalife’s ongoing success.

Herbalife offers a variety of benefits to eligible employees in the U.S. (limited to the 50 States and the District of Columbia), which includes Group Health Programs, other Voluntary Benefit Programs, and Paid Time Off. Group Health Programs include Medical, Dental, Vision, Health Savings Account (HSA), Flexible Spending Accounts (FSA), Basic Life/AD&D; Short-Term and Long-Term Disability and an Employee Assistance Program (EAP).

Other Voluntary Benefit Programs include a 401(k) plan, Wellness Incentive Program, Employee Stock Purchase Plan (ESPP), Supplemental Life/Critical Illness/Hospitalization/Accident Insurance, and Pet Insurance. Paid time off includes Company-observed U.S. Holidays, Floating Holidays, Vacation, Sick Time, a Volunteer Program, Paid Maternity and Paternity Leave, Bereavement Leave, Personal Leave and time off for voting.

If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email your request to

talentacquisition@herbalife.com

.

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