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Accountant II

trane technologies
Posted 24 days ago, valid for a month
Location

Minneapolis, MN 55420, US

Salary

$51,800 - $93,310 per year

Contract type

Full Time

Health Insurance
Paid Time Off
Tuition Reimbursement
Wellness Program

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Sonic Summary

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  • Trane Technologies is seeking a Manufacturing Cost Accountant to join their team, emphasizing sustainability in their mission.
  • The role requires a Bachelor's degree in business, accounting, finance, or a related discipline, along with a minimum of 3 years of accounting or finance experience in a manufacturing or distribution environment.
  • Key responsibilities include managing annual budgeting, inventory processes, and financial reporting, while also coaching junior cost accountants.
  • The annual base salary for this position ranges from $51,800.00 to $93,309.99, depending on various factors such as experience and geographic location.
  • Benefits include health insurance from day one, a 401K match, paid time off, and educational support, making it a comprehensive offer for potential candidates.

Be a part of our mission! As a world leader in creating comfortable, sustainable, and efficient climate solutions for buildings, homes and transportation, it's our responsibility to put the planet first. For us at Trane Technologies, and through our businesses including Trane® and Thermo King,  sustainability is not just how we do business—it is our business.  Do you dare to look at the world's challenges and see impactful possibilities?  Do you want to contribute to making a better future?  If the answer is yes, we invite you to consider joining us in boldly challenging what's possible for a sustainable world.

Learn about our benefits designed for you to Thrive at work and at home. 

We boldly go.

Where is the work:

On-Site (5 days)

 

 

Manufacturing Cost Accountant

Responsibilities: 

  • Assist in annual budgeting and standard cost setting process, forecasting, and reporting of the income statement and balance sheet

  • Manage annual physical inventory process and related reconciliations

  • Manage CapEx process and projects with related tracking reconciliations

  • Manage the obsolete & slow-moving inventory reserves and planning

  • Identify and investigate material variances to ensure accurate material cost

  • Execute standards-setting process and maintain standard costs in ERP

  • Partner with Controller on the monthly close process, balance sheet reconciliations, and journal entries

  • Assist in the education and compliance of financial processes and policies, supporting compliance with Sarbanes Oxley and related audits, as well as company practices & values

  • Drive and participate in operational excellence initiatives to support achievement of organizational goals

  • Ensure the production of timely, accurate and relevant financial reports to plant management to facilitate understanding and analysis of the business and business opportunities

  • Coach & develop cost accountants on both material cost system work and data analytics

  • Support with ad hoc analysis of results, budgets, and forecasts with focus on P&L performance, cash flow, working capital optimization, investments and productivity, and financial ratios

Qualifications:

  • Bachelor’s degree in business, accounting, finance, or related discipline required

  • Minimum of 3 years of accounting and/or finance experience in a manufacturing or distribution environment

  • Experience in complex integrated supply chain is a plus

  • Strong PC Skills required: Advanced Excel Skills, PowerPoint, and Teams

Key Competencies:

  • Skills and competencies should include verbal and written communication, attention to detail, critical thinking, problem solving, and the ability to work independently and, also, in a team environment

  • Proven success implementing process improvement and change management initiatives strongly preferred

  • Strong ability to coach and teach junior cost accountants both technical and soft skills relevant to their role

  • Understanding of cost accounting with overheads and absorption, material backflushing, inventory valuation, and material variance system management

Annual Base Salary Range or Hourly Base Pay Range:

$51,800.00 - $93,309.99

Compensation Type:

Salary

Incentive Eligible:

No

Sales Commission Eligible:

No

Disclaimer: We strive to provide competitive compensation for this position, tailored to a variety of factors. The actual compensation will depend on elements such as seniority, merit, geographic location, education, experience,  travel requirements, and union designation.   Our compensation range is generally based on the national average for the country.  Additionally, benefits may vary depending on the region, business alignment, union involvement, and employee status.

Thrive at work and at home:

  • Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives – WE DARE TO CARE!

  • Family building benefits include fertility coverage and adoption/surrogacy assistance.

  • 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution.

  • Paid time off includes 15 vacation days, 9 paid holidays, 3 floating holidays, sick leave, and additional options to support volunteer and parental leave.

  • Educational and training opportunities through company programs along with tuition assistance and student debt support.

Disclaimer:  Benefit offerings may vary depending on Collective Barraging Agreements and local/state regulations.

Safety Sensitive Role:

Yes

The company designates certain roles as Safety Sensitive. Safety Sensitive roles may require that you pass additional drug screening.

We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.




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