Cost Accounting Specialist- Austin, MN

COST ACCOUNTING SPECIALIST - CORPORATE OFFICE (AUSTIN, MN)

This position reports to a Senior Cost Analyst.

This position is not eligible for remote work or relocation.

About Hormel Foods —

Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue. Its brands include PLANTERS®, SKIPPY®, SPAM®, HORMEL® NATURAL CHOICE®, APPLEGATE®, WHOLLY®, HORMEL® BLACK LABEL®, COLUMBUS®, JENNIE-O® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report, one of America’s most responsible companies by Newsweek, recognized by TIME magazine as one of the World’s Best Companies and has received numerous other awards and accolades for its corporate responsibility and community service efforts. For more information, visit hormelfoods.com.

Position Summary

We are seeking a detail-oriented and analytical Cost Accounting Specialist to join our Corporate Office team in Austin, MN. This role plays a critical part in maintaining accurate inventory records, managing warehouse financials, and supporting operational efficiency. If you thrive in a fast-paced environment and enjoy working with numbers, systems, and cross-functional teams, we’d love to hear from you.

Key Responsibilities

• Perform daily inventory adjustments, product pricing updates, and reconciliation for assigned warehouses.
• Manage inventory in transit and oversee cycle counts to ensure accuracy and accountability.
• Handle accounts payable processes for designated warehouse accounts.
• Analyze and report weekly Profit & Loss statements for assigned warehouses.
• Prepare monthly storage and claims accruals and perform balance sheet reconciliations.
• Assist with other accounting and administrative tasks as needed.
• Complete daily Subledger and General ledger reconciliations.

Qualifications

Required:

• Minimum of one-year post-secondary education in accounting or equivalent work experience.
• Proficiency in Microsoft Excel and Word.
• Strong organizational and analytical skills.
• Effective communication and interpersonal abilities.
• Ability to learn and navigate custom computer programs.

Preferred:

Experience with Oracle, QAD, DataServ, High Radius, or AS400 systems.

At Hormel Foods, base pay is one part of our total compensation package and is determined within a range. The base hiring pay range for this role is $20.25- $28.50, and your actual base pay within that range will depend upon a variety of factors including, but not limited to, job-related knowledge, skill set, level of experience, and geographic market location.

Other components of Hormel Foods’ total compensation package includes comprehensive medical, dental and vision coverage, discretionary annual merit increases, profit sharing, 401(k) with employer match, stock purchase plan, earned paid time off, FREE two-year community/technical college tuition for children of employees, and more.

Hormel Foods provides equal employment opportunities to applicants and employees without regard to race; color; sex; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; status as a protected veteran or spouse/family member of a protected veteran; or disability.