Full-Time

Cost Accountant

Posted on 12/12/2024

Once Upon A Farm

Once Upon A Farm

51-200 employees

Organic meals and snacks for children

Food & Agriculture
Consumer Goods

Compensation Overview

$80k - $110kAnnually

+ Bonus + Stipends + Equity + Role-specific perks

Mid

No H1B Sponsorship

United States

Must reside in the United States; occasional in-person meetings a few times a year.

Category
Cost Accounting
Accounting
Required Skills
Inventory Management
Requirements
  • A minimum of 4 years of related general accounting experience in a complex manufacturing environment
  • A minimum of 2 years of cost accounting experience and familiarity with inventory valuation, average costing, bill of materials, work orders, co-manufacturer tolling rates and factors, variances, and inventory reserves
  • A bachelor's degree, preferably in Accounting, Business, Supply Chain, or Operations Management, or equivalent years of experience, required
  • A high level of computer proficiency, including strong familiarity with general technology and web tools
  • A high degree of efficiency with Microsoft Office products, especially Excel and Pivot tables
  • Strong analytical abilities, communication skills, and organizational skills
  • Excellent facilitation and presentation skills
  • Ability to work effectively and creatively in a resource-lean environment
  • Strong problem-solving skills and a proactive approach to identifying issues and implementing solutions
  • The ability to work independently, multi-task, and prioritize under pressure
  • Solid knowledge of Outlook, Slack, and other professional platforms
  • Genuine passion for improving childhood nutrition for a healthier and happier planet
  • Desire to contribute to a dynamic high-growth, purpose-driven work environment
  • Previous exposure to cross-functional work between Sustainability and Finance/Operations preferred
  • Must reside in the United States to be considered for this position
  • Please note that visa sponsorship is not available for this position
Responsibilities
  • Oversee new item setup and maintenance of the item master file and bill of materials in the ERP system (Sage X3)
  • Assist in the development and yearly rollout of standard costs for manufactured and purchased goods
  • Perform the annual standard cost development and cost roll
  • Analyze production costs (materials, tolling, overhead) to identify savings opportunities and improve profit efficiencies
  • Prepare detailed financial reports, including monthly operational reports, explaining variances and productivity costs
  • Conduct ad hoc analyses as needed
  • Conduct detailed analyses of Purchase Price Variances (PPV), tolling costs, and usage variances
  • Review and rectify discrepancies, ensuring accurate cost allocation
  • Monitor inventory movements and evaluate cost trends, recommending appropriate actions for significant variations
  • Ensure accurate inventory valuation and control to minimize waste and optimize stock levels
  • Reconcile inventory balances with the general ledger (GL) monthly and manage the Inventory Book-to-Book model
  • Calculate reserves for slow-moving and obsolete inventory in collaboration with Materials and Supply Chain Managers
  • Maintain and improve processes and controls associated with manufacturing costs and inventory valuation
  • Collaborate with Operations to identify inefficiencies in cost accounting processes, driving process improvements and integrating new technologies
  • Develop and track cost-per-unit metrics for all finished goods SKUs
  • Work closely with finance, production, and procurement teams to ensure accurate cost reporting and effective communication
  • Support new business opportunities with costing models that align with pricing strategies
  • Gain a thorough understanding of manufacturing operations to act as the functional expert in costing and business analysis
  • Prepare project plans for improvements and contribute to strategic decision-making
  • Prepare ad-hoc reporting and analyses as needed, and other special projects required by the Operations Controller
  • Monitor, enforce, and test internal control systems
  • Coordinate with external auditors during the audit process, providing necessary documentation and explanations
  • Perform other tasks as needed to support business and regulatory requirements

Once Upon a Farm provides organic meals and snacks specifically designed for babies, toddlers, and young children. Their products include refrigerated pouches, oat bars, and frozen meals that are delivered directly to customers' homes through a subscription service. This allows parents to customize their orders based on their children's needs. The company stands out from competitors by focusing on organic farming practices and clean label certifications, which means their food has minimal exposure to harmful chemicals. Once Upon a Farm's goal is to support healthy eating habits during the crucial first 1,000 days of a child's life, helping to develop their palate and reduce picky eating.

Company Stage

Series D

Total Funding

$82.8M

Headquarters

Berkeley, California

Founded

2015

Growth & Insights
Headcount

6 month growth

12%

1 year growth

24%

2 year growth

104%
Simplify Jobs

Simplify's Take

What believers are saying

  • Recent expansion into pantry snacks broadens their product range.
  • Partnership with Alexandre Family Farm enhances their dairy product offerings.
  • Series B funding of $20 million supports growth and innovation.

What critics are saying

  • Competition in the organic children's food market is increasing.
  • Reliance on subscription model may limit customer base.
  • Supply chain disruptions could impact product availability and quality.

What makes Once Upon A Farm unique

  • Once Upon a Farm offers cold-pressed, organic snacks for children.
  • The company provides a subscription service for convenient home delivery.
  • They emphasize clean label certifications and minimal exposure to harmful chemicals.

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