Plant Inventory Accountant

Headquartered in Cordova, TN, Stratas Foods is a 50/50 joint venture formed in October 2008 between ACH Food Companies and Archer Daniels Midland Company.  Stratas Foods is built on the combined strengths and expertise of these two great parent companies, laid down over the course of over 200 years of combined experience.  Stratas will continue to build on this foundation of excellence by providing value added, branded and custom formulated fats and oils solutions to the Food Service, Food Ingredient and Retail sectors.  At Stratas Foods we are committed to being the most valued supplier of fats, oils, dressings, mayonnaise and salad dressings to the private label retail bottled oils market in the United States. 

Manufacturing facilities are located in Dallas and Houston, TX; Decatur and Quincy, IL; Englewood, NJ; Hillside, NJ; Fresno, CA; Nashville, TN; and Valdosta, GA.  Corporate offices are located in Memphis, TN.  We are committed to maintaining a progressive workplace by utilizing the ideas, skills and talents of all of our employees.  We strive to make Stratas Foods a great place to work and are building a team capable of meeting our business goals.

This role will be responsible for supervising inventory counts; receiving bulk oil against purchase orders; ensuring that all manufacturing order and inventory receipts are done correctly and in a timely manner; reviewing inventory data; developing and analyzing reports; monitoring variances and presenting findings.  A successful candidate is a team player who will continuously look for opportunities to make the team more efficient and effective, advocate best practices, develop and maintain operating procedures, keep attention to detail and use problem-solving skills to find effective solutions.

1. Follow all safety, environmental rules, and regulations applicable to the position.
2. Adhere to and enforce Good Manufacturing Practices (GMP) and HACCP requirement.
3. Develops daily reporting for plant management to review all inventory transactions including receipts, manufacturing orders, gain/loss transactions, shipping and other variances and follows up with responsible personnel on identified corrections.
4. Receives bulk rail and piped oil against correct purchase orders.  Coordinates with the Supply Chain team and local scheduler to verify the accuracy of oil receipts.  Reviews received oil quantities against inventories and reconciles any discrepancies.  Partners with the Supply Chain team, local scheduler and suppliers to improve and revise the oil receiving process as needed.
5. Collaborates with plant personnel to conduct frequent cycle counts.
6. Enforces timely input of transactions into M3 system and performs transactions to resolve exceptions while maintaining internal controls.
7. Perform analysis on inventory gain/losses, identify root cause, and work with plant personnel to implement counter measures.
8. Monitor yield analysis and identify areas of yield improvement.
9. Create and analyze Days On Hold for location identifying and reporting drivers of change.
10. Develop and maintain updated SOPs to support inventory, manufacturing order reporting and item receiving related departmental tasks and processes.
11. Identify obsolescent and at-risk obsolescent inventory working with plant and corporate personnel in dispositioning inventory and to capture inventory reserve cost.
12. Responsible for managing the monthly physical inventory process, reconciliation, and variance reporting.
13. Provide support to plant site supply chain personnel, corporate supply chain group, and finance group.
14. Participate in continuous improvement projects acting as on-site inventory continuous improvement lead.
15. Other projects as requested by management to support the Finance and Valdosta Operations departments.

Education:  Bachelor’s degree in Accounting/Finance preferred. Bachelors in Supply Chain or Business with emphasis in Accounting will be considered or equivalent education and experience.

Related Experience: 1 – 3 years of Manufacturing experience involving inventory and/or supply chain analysis.

Equipment/Software Skills:  Excellent knowledge of all Microsoft Office applications.  Advanced user of Excel (pivot tables, filters, look-up formulas) required.   Infor M3 knowledge preferred.

Competencies:

1. Problem Solving - Gathers and analyzes information skillfully; Develops alternative solutions.  Works well in both individual and group problem solving situations and with all levels of colleagues or management.
2. Analytical - Collects and researches data focusing on detailed accuracy; Uses intuition and experience to complement data.  Seeks answers to resolve issues, explain financial data or complete projects even it requires dealing with ambiguity.
3. Initiative – Self-motivated with the ability to make timely decisions without prompts; Supports and explains reasoning for decisions; Driven to complete tasks and asks for and offers help when needed.  Challenges the status quo by identifying processes in need of improvement and suggesting ideas for corrective courses of action.
4. Oral and Written Communication - Speaks clearly and persuasively in positive or negative situations; Listens and gets clarification; Responds well to questions.  Prepares and edits work for content, meaning, completeness, comprehension and spelling and grammar; Presents numerical data effectively; Able to read and interpret information.
5. Forward Thinking – Uses experience to develop routine and ad-hoc reporting to identify trends or variances and to support financial data.

Physical:  While performing the duties of this job, the employee is regularly required to sit and use hands for extended periods of time in front of a computer monitor and use a computer keyboard and mouse.

Sensory:  The employee will also occasionally stand and walk.  Close vision needed for working on a computer for long lengths of time.  Ability to read and comprehend instructions, correspondence, and memos.  Ability to write correspondence.  Ability to effectively present information in one-on-one and small group situations to customers, management, and other employees of the organization.   The noise level for this position is usually moderate.

Mental/Reasoning:  This position requires a great deal of learning, reasoning, and analyzing of departmental databases and processes as well as the ability to analyze, interpret and manipulate financial data to ensure accruals are properly stated and accounts are properly reconciled.

Benefits: Medical, Dental, Vision

Stratas Foods is an equal opportunity employer and will not discriminate against any applicant or employee in any manner prohibited by law, including but not limited to, on the basis of race or color, religion, gender, age, genetic information, national origin/ancestry, mental or physical disability, family status/marital status, military/veteran status, and any other legally protected status.

Pay Transparency Nondiscrimination Provision-The Employer will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the Employer’s legal duty to furnish information. 41 CFR 60-1.35(c)

Stratas Foods Applicant Request for Accommodation Form: https://www.stratasfoods.com/compliance

Stratas Foods California Privacy Rights Act Policy: https://www.stratasfoods.com/compliance