Koch Industries

Finance & Accounting Manager

Koch Industries$105K — $130K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, Business, Economics, or related field.
  • Experience in finance, accounting, or cost accounting within a manufacturing environment.
  • Proficient in manufacturing cost accounting and inventory accounting.
  • Strong understanding of month-end close processes and transactional accounting.
  • Experience with standard costing and manufacturing variance analysis.

Responsibilities

  • Lead Fremont finance support across various accounting and finance activities.
  • Ensure accurate financial reporting and support month-end close processes.
  • Manage inventory reporting, analysis, and impairment tracking.
  • Oversee plant finance activities, including transfer pricing support and cost allocation.
  • Assist in capital requests and fixed asset management.
  • Provide financial guidance for operational transactions and R&D material usage.
  • Establish trust with Operations, Engineering, and Supply Chain leaders.

Benefits

  • Comprehensive medical, dental, and vision plans.
  • Flexible spending and health savings accounts.
  • Life insurance, accident, and disability coverages.
  • Retirement plans with employer contributions.
  • Paid vacation and time off, including paid parental and adoption assistance.
  • Educational assistance for professional development.
Full Job Description
Your Job

As a Finance & Accounting Manager supporting our Fremont site within the Optical Solutions Business Unit (OSBU), you will serve as a key business partner to Operations, Engineering, R&D, Supply Chain, and Finance leaders. You will lead plant finance and accounting activities, providing insight that supports business decisions while ensuring accurate financial reporting, strong accounting controls, and effective inventory and cost management. This highly visible role reports to the OSBU Finance Director and plays a critical part in supporting the continued growth of the Fremont operation.

What You Will Do

  • Lead Fremont finance support across accounting, plant finance, inventory, cost accounting, capital, and business partnering activities.
  • Ensure accurate financial reporting, month-end close support, and strong controls across inventory, reserves, impairments, PII, CIP, and standard costing.
  • Support OSBU inventory management through inventory reporting, S&E analysis, blocked stock review, impairment tracking, and related journal entries.
  • Own plant / BU finance activities including transfer pricing support, standard cost updates, BOM and routing review, physical inventory coordination, and Fremont shared cost allocations.
  • Support capital requests, CIP capitalization, fixed asset transfers, and capital consumption analysis for Fremont and other designated OSBU locations.
  • Provide financial guidance for non-routine business activities such as rework, external manufacturing, R&D material usage, and other operational transactions.
  • Establish finance as a trusted resource for Fremont Operations, R&D, Engineering, Supply Chain, and OSBU leadership.
  • Partner with key stakeholders to provide critical insight and support business decisions.
  • Encourage economic thinking and PBM culture through all deliverables and communication.


Who You Are (Basic Qualifications)

  • Bachelor's degree in Finance, Accounting, Business, Economics, or a related field.
  • Experience in finance, accounting, manufacturing finance, plant finance, or cost accounting.
  • Experience with manufacturing cost accounting, inventory accounting, standard costing, and manufacturing variance analysis.
  • Strong understanding of month-end close processes, journal entries, and transactional accounting.


What Will Put You Ahead

  • 4+ years of relevant finance or accounting experience in a manufacturing environment.
  • Experience in electronics, manufacturing, connectivity, optical networking, or related industries.
  • SAP experience.
  • Ability to communicate in Mandarin to support collaboration with global business partners.


For this role, we anticipate paying $105,000 - $130,000 per year. This role is eligible for variable pay, issued as a monetary bonus or in another form.

Our Benefits

Our goal is for each employee, and their families, to live fulfilling and healthy lives. We provide essential resources and support to build and maintain physical, financial, and emotional strength - focusing on overall wellbeing so you can focus on what matters most. Our benefits plan includes - medical, dental, vision, flexible spending and health savings accounts, life insurance, ADD, disability, retirement, paid vacation/time off, educational assistance, and may also include infertility assistance, paid parental leave and adoption assistance. Specific eligibility criteria is set by the applicable Summary Plan Description, policy or guideline and benefits may vary by geographic region. If you have questions on what benefits apply to you, please speak to your recruiter.

Additionally, everyone has individual work and personal needs. We seek to enable the best work environment that helps you and the business work together to produce superior results.

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About Koch Industries

Koch Industries, Inc. is an American privately-held multinational conglomerate corporation based in Wichita, Kansas. Its subsidiaries are involved in the manufacturing, refining, and distribution of petroleum, chemicals, energy, fiber, intermediates and polymers, minerals, fertilizers, pulp and paper, chemical technology equipment, ranching, finance, commodities trading, and investing. Koch owns Infor, Invista, Georgia-Pacific, Molex, Flint Hills Resources, Koch Pipeline, Koch Fertilizer, Koch Minerals, Matador Cattle Company, i360, and Guardian Industries. The firm employs 120,000 people in 60 countries, with about half of its business in the United States. The company is the largest non-Canadian landowner in the Athabasca oil sands. With annual revenues of $110 billion by 2014, the company is the largest privately held company in the United States. In 2007, it was ranked as the largest privately held company. If Koch Industries had been a public company in 2013, it would have ranked 17th in the Fortune 500. The company was founded by its namesake, Fred C. Koch, in 1940 after he developed an innovative crude oil refining process. Fred C. Koch died in 1967 and his majority interest in the company was split amongst his four sons. In June 1983, after a bitter legal and boardroom battle, the stakes of Frederick R. Koch and William "Bill" Koch were bought out for $1.1 billion and Charles Koch and David Koch became majority owners in the company. Charles owns 42% of the company; trusts for the benefit of Elaine Tettemer Marshall and Elaine's children, Preston Marshall and E. Pierce Marshall Jr., own 16% of the company. The heirs of David Koch, who died on August 23, 2019, own the balance, 42%, of the corporation.
Learn more about Koch Industries
Industry
Founded
1940

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