Operations Finance Trainee

The Operations Finance Trainee has the responsibility for broad financial oversight and operational analysis for all their assigned manufacturing facilities.

This position will go through orientation at our corporate office in Eden Prairie, MN (appx.

one month) and then be based at a plant location for the next 18-24 months to understand the business and operational functions at a manufacturing facility.

Following the trainee tenure, this position will come back to the Eden Prairie, MN corporate office to assume a Financial Analyst position.

This position is responsible for the monitoring of operating expenses and inventory for a number of plants, including tracking of plant cycle count procedures and overall general accounting functions.

A strong level of financial ownership and accountability is required to ensure appropriate financial controls and results are achieved.

An improvement mindset and high intensity for achieving great results is required.

Essential Functions:


* Plant Financial Oversight
+ Financial business partner for manufacturing factory leadership, serving as their go-to person for all financial and plant performance topics
+ Annual budgeting and monthly forecasting of operating expenses, including but not limited to yield, production pounds, and plant uptime.

Communicate any anticipated spend variances from budget.
+ In-week monitoring and review of operating expenses and communication with plant leadership.
+ Works closely with plant personnel to ensure month-end accruals are compiled and recorded.

Prepares workpapers to support accrual balances.
+ Process leader for plant inventory, work orders, and management reporting processes.

This includes indirect leadership and support of plant front office teams.
+ Review of inventory adjustments and daily inventory movements ensuring accuracy and fixes if necessary
+ Ensures proper document retention at plant locations.
+ Works closely with accounting to ensure financial accuracy.
+ Participation in monthly P&L review call.
+ Assist with capital expenditure planning and tracking, including management of annual factory capex budgets and development of return-on-investment analysis
+ Assist with corporate initiatives supporting FP&A and accounting projects on an ongoing basis


* Inventory Oversight
+ Cycle count tracking and oversight for entire company.
+ Helps monitor and communicate any old and/or slow moving inventory.
+ Monitors PPV and landed costs to ensure inventory is costed properly.
+ Participation in Corporate-lead spot counts of inventory at various warehouse locations.


* General Accounting and Finance Responsibilities
+ Assist in the monthly closing process ensuring accurate and timely reporting including month-end journal entries and preparation of account reconciliations for plant accruals and...