Plant Accountant at Plastipak

Highlands, Texas, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

ManufacturingIndustries

Requirements

Bachelor’s degree in Accounting or Finance
A minimum of 2 years accounting experience, preferably in manufacturing
Working knowledge of costings, AP/AR, forecasting and budgeting, variance analysis, and balance sheet reconciliation
Working knowledge of GAAP
ERP system experience, preferably SAP

Responsibilities

Lead the budgeting, forecasting, planning, costing, and reporting cycles for the site
Responsible for the Plant’s compliance with the Company’s accounting policies and procedures
Work with Plant Leadership to develop action plans to achieve targets
Control the monthly physical inventory and valuation process, as well as the perpetual inventory control system
Use research and analysis skills to identify & report negative impacts to the P&L along with recommendations for improvement
Serve as subject matter expert to the site regarding financial matters and act as the liaison between the site and Corporate Accounting

Skills

Key technologies and capabilities for this role

BudgetingForecastingCost AccountingVariance AnalysisBalance Sheet ReconciliationGAAPSAPInventory ControlAccounts PayableAccounts ReceivableP&L Analysis

Questions & Answers

Common questions about this position

What benefits are offered to Plastipak Associates?

Benefits include Wellness Programs, Health Insurance (Medical, Dental & Vision), EAP, Life Insurance, Disability Insurance, 401(k) with matching and profit sharing, Paid Time Off starting at 80 hours in the first year, and more like Tuition Assistance and Pet Insurance. Some benefits are subject to eligibility requirements.

What is the salary for the Plant Accountant position?

This information is not specified in the job description.

Is the Plant Accountant role remote or on-site?

This information is not specified in the job description.

What qualifications and skills are required for the Plant Accountant role?

Candidates need a Bachelor’s degree in Accounting or Finance, a minimum of 2 years accounting experience preferably in manufacturing, working knowledge of costings, AP/AR, forecasting and budgeting, variance analysis, balance sheet reconciliation, GAAP, and ERP system experience preferably SAP.

What does the Plant Accountant do on a daily basis?

You will lead budgeting, forecasting, planning, costing, and reporting; ensure compliance with accounting policies; work with Plant Leadership on action plans; control inventory processes; analyze P&L impacts with recommendations; and serve as financial expert and liaison to Corporate Accounting.

Plastipak

Produces sustainable plastic packaging solutions

About Plastipak

Plastipak specializes in producing plastic packaging solutions, particularly lightweight PET bottles, using advanced hot fill injection blow molding technology. This process creates durable packaging suitable for various liquid products, ensuring they remain shelf-stable. The company stands out from competitors by focusing on sustainability through its "bottle to bottle" recycling approach, which transforms used bottles into new ones, significantly reducing waste. Plastipak's goal is to provide custom packaging solutions tailored to the needs of its diverse clients, ranging from large corporations to smaller businesses, while also enhancing operational efficiency through its global recycling centers and logistics services. The company is committed to innovation, with dedicated centers for developing new packaging technologies.

Plymouth Township, MichiganHeadquarters

1967Year Founded

DEBTCompany Stage

Food & Agriculture, Industrial & Manufacturing, Consumer GoodsIndustries

1,001-5,000Employees

Benefits

Relocation Assistance

Risks

Leadership transition as CEO William C. Young steps down may cause strategic shifts.

Patent litigation risks, highlighted by the 2020 lawsuit against Premium Waters.

Increased competition in the plastic aerosol packaging market from major players.

Differentiation

Plastipak leads in sustainable packaging with its 'bottle to bottle' recycling approach.

The company offers custom packaging solutions tailored to diverse client needs globally.

Plastipak's innovative SprayPET Revolution is a fully recyclable, metal-free aerosol container.

Upsides

Growing demand for sustainable packaging boosts Plastipak's market position and innovation.

Partnership with LanzaTech reduces carbon footprint in PET production, enhancing sustainability.

Expansion of recycling centers, like in Toledo, Spain, aligns with circular economy trends.

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