Overview
Infiltrator Water Technologies (IWT) is a market leader within the onsite wastewater treatment industry, manufacturing a variety of revolutionary products and innovative, environmentally friendly alternatives to traditional stone and pipe leachfield and concrete septic wastewater system components. IWT is a wholly owned subsidiary of Advanced Drainage Systems (ticker: WMS, NYSE).
The majority of our products are produced almost entirely from recycled resins. Infiltrator’s recycling operation is among the country’s top twenty producers/consumers of recycled resins and among only a few that consume 100% of that resin in the finished products produced. IWT has always and continues to compete on innovation; we hold over 200 patents.
Responsibilities
Great opportunity to join our Finance team! Now hiring a Sr. Staff Accountant!
POSITION OVERVIEW:
The Sr. Staff Accountant is primarily responsible for budgeting, cost variance analysis, and business process improvements. Success will depend upon displaying financial systems and application expertise, communicating effectively, prioritizing workload, and taking initiative in a fast-paced business environment.
CORE RESPONSIBILITIES:
Budgeting:
* Develop a thorough understanding of the industry, company, materials, suppliers, customer product lines, manufacturing processes, machinery & equipment, and overhead.
* Utilize knowledge of the business to support the accounting department in developing the annual manufacturing budget.
* Develop supporting expense budget schedules necessary for product and standard cost calculations.
Operational Reporting & Forecasting:
* Develop and analyze KPIs.
* Forecast manufacturing costs and expenditures.
Standard Cost Creation/Variance Analysis:
* Establish standard costs for a variety of SKUs by researching financial and operational data.
* Identify possible enhancements to the standard cost calculation and/or variance analysis processes.
* Using financial expertise, analyze system information to determine variance outliers, causes, and trends. Support operations managers in implementing corrective actions and countermeasures to root causes.
* Translate the information into clear and concise narrative variance explanations.
Process Improvement:
* Leverage knowledge gained in budgeting and cost variance analysis to recommend accounting process and business operations improvements.
* Build strong work relationships and support operating departments by performing financial and operational analysis used to make business decisions and improvements.
* Recommend cost savings initiatives and support operations in implementing changes and tracking results of improvements.
Physical Inventory:
* Independently coordinate and facilitate with the operational managers various physical inventory counts in accordance with company policies.
QUALIFICATIONS (must have):
* BS in accounting/finance.
* 3-5+ years of manufacturing experience.
* Strong understanding of Standard Costing.
* Proficient in MS Excel.
* Ability to identify and implement process improvements, be a self-starter, and effectively interact and communicate across multiple functions within the organization.
* Strong communication (oral and written) and relationship-building skills.
EEO Statement
ADS supports an inclusive workplace that values diversity of thought, experience, and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. ADS is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.
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