Titan Cement Group

Cost Accounting Manager

ID 2024-22955
Posting Location : Location
US-VA-Norfolk
Category
Finance and Accounting
Position Type
Full-Time

Overview

Cost Accounting Manager

Norfolk, VA

 

COMPANY DESCRIPTION:

Titan America LLC, a leading company in the heavy building materials industry in the eastern United States and the North American operating subsidiary of the TITAN Group, is on a growth journey towards becoming the best-in-class vertically integrated cement producer, driving innovation and operating excellence.

 

In the last ten years Titan America has grown from $600MM to 1.6BN in revenue and we expect to continue this trajectory through organic growth and acquisition. TITAN was founded in Greece in 1902, are now publicly listed and operate across 15 countries in five strategic regions—Greece & Western Europe, U.S.A., Southeastern Europe, Eastern Mediterranean, and Brazil.

 

At the heart of Titan America's operations is the production of low-carbon cement, construction aggregates, a broad range of high-performance ready-mix concrete products, and concrete block. We also play a pivotal role in beneficiating, processing and distributing fly ash for industrial applications, underlining our commitment to sustainable practices. Our strong values-based culture helps our employees shape their interactions with customers, suppliers, and the communities we proudly operate in. We are committed to the environment and the mitigation of climate change through our extensive decarbonization efforts and the development of green products.

 

We are the number one player in the key markets in Florida, North and South Carolina, Virginia, and have leading positions in Metropolitan New York and New Jersey. Our team, now numbering just over 2,500, is the driving force behind our success. Our assets span the United States, with two cement production facilities, three cement import terminals, a network of rail distribution terminals, six aggregate quarries/mines, over eighty company-owned ready-mix concrete plants, and ten fly ash processing/distribution sites.

 

Embracing a high-performance culture, Titan America champions respect for people, society, and the environment. Our vision is clear—to become the best-in-class vertically integrated cement producer in our served markets.

 

Join us in shaping the future of building materials with innovation, excellence, and sustainability at our core. Explore more about Titan America's transformative impact by visiting www.titanamerica.com.

 

 

Responsibilities

The Cost Accounting Manager for a publicly traded company plays a crucial role in overseeing cost accounting functions to ensure compliance with financial regulations, particularly those required for public reporting (e.g., SEC, SOX compliance). This role involves analyzing and controlling costs, preparing detailed financial reports, and providing strategic insights to support executive decision-making. The ideal candidate will bring strong analytical skills, public company reporting experience, and a commitment to maintaining the highest financial and operational standards.

 

Key Responsibilities:

Cost Accounting Oversight:

  • Manage and maintain accurate standard and activity-based costing systems.
  • Conduct cost analysis to determine profitability by product line, customer, or division.
  • Monitor and report on cost variances and their underlying drivers (e.g., material, labor, and overhead).

Inventory Valuation and Controls:

  • Ensure accurate valuation of inventory, including raw materials, WIP, and finished goods, following IFRS and public company reporting requirements.
  • Collaborate with operations to establish inventory levels, reduce waste, and streamline production processes.
  • Oversee cycle counts and physical inventory processes to maintain accurate records.

Financial Reporting and Compliance:

  • Prepare detailed cost analysis reports for management and external stakeholders.
  • Support the preparation of quarterly and annual financial statements, ensuring compliance with SEC regulations.
  • Collaborate with auditors during internal and external audits, including Sarbanes-Oxley (SOX) compliance reviews.

Budgeting and Forecasting:

  • Assist in the development and monitoring of budgets and forecasts related to production costs and overhead.
  • Provide actionable insights and recommendations to achieve financial objectives.

Process Optimization:

  • Identify and implement improvements to cost accounting processes and reporting.
  • Drive cost-saving initiatives across production, supply chain, and procurement teams.
  • Leverage ERP systems and automation tools to enhance data accuracy and efficiency.

Team Leadership:

  • Lead and mentor a team of cost accounting professionals, providing guidance, training, and professional development.
  • Foster a culture of collaboration and accountability within the finance and operations teams.

 

Qualifications

 

Required Qualifications:

Education:

  • Bachelor’s degree in Accounting, Finance, or related field (CPA, CMA, or MBA strongly preferred).

Experience:

  • 7+ years of cost accounting experience, preferably in a manufacturing or industrial setting.
  • Experience with public company reporting and compliance (SEC and SOX).

Technical Skills:

  • Proficiency in ERP systems (e.g., SAP, Oracle, or Microsoft Dynamics).
  • Advanced Excel skills and familiarity with financial reporting tools (e.g., Hyperion, OneStream).
  • In-depth knowledge of GAAP, SEC regulations, and SOX compliance requirements.

Soft Skills:

  • Strong analytical and problem-solving abilities.
  • Excellent communication skills to present financial data to non-financial stakeholders.
  • High attention to detail and ability to manage multiple priorities under tight deadlines.

 

Preferred Qualifications:

  • Experience with integrated ERP system implementations or upgrades.
  • Knowledge of IFRS in addition to GAAP.
  • Experience working in a multi-national company with cross-border operations.

 

Work Environment:

This role requires the ability to manage complex financial systems and collaborate across departments. The Cost Accounting Manager will interface regularly with the Director, internal and external auditors, and the leadership team to ensure the company meets its operational and compliance goals.

 

This role is essential for ensuring accurate cost analysis, regulatory compliance, and operational efficiency, making it a pivotal position within a publicly traded company's finance team.

 

Success begins with hiring the right people to partner with us as we grow and develop our businesses. People are central to everything we do. It is through their efforts and talents that Titan has been successful for over 100 years. Learn more about us at www.titanamerica.com. EOE/AA-M/F/H/V

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