Cost Accountant/Financial Analyst

2020-Accounting · Springville, Utah
Department 2020-Accounting
Employment Type Full-Time
Minimum Experience Mid-level
Compensation $70,000+ DOE

Innovative Labs (IL) is a leading developer, formulator, and provider of single serve and multi-dose ingestible health and wellness products for leading brands and direct sales companies. Founded in 2006 by Travis Parry, IL provides highly differentiated formulating, blending, filling, distribution, and other critical services for small-format nutritional supplements, food items, household products and other consumer packaged goods.  The company is SQF Food Safety Code Level III Certified and operates highly efficient, state-of-the-art manufacturing facilities with a workforce of over 500 people.


IL was founded in 2006, and is now the largest independent supplier of custom single serve flexible packaging west of the Mississippi. With significant investments in packaging and pasteurization equipment, IL has the capacity to fill hundreds of thousands of pouches a day and the flexibility to meet the demands of large and small production runs. IL provides its health, wellness and nutritional customers with a differentiated advantage of world-class turnkey solutions and full-service, front-end product development. Having achieved the highest and most prestigious regulatory certifications, IL also offers speed-to-market service unmatched in the industry. IL’s customers range from Fortune 100 food and beverage companies to high growth emerging brands, all of whom have access to the Company’s best-in-class service and capabilities.


IL is a state-of-the-art, $100M+, private-equity backed manufacturing company headquartered in Springville, UT with offices in St. George, Lindon and Springville.  With over 500+ employees and more than 25% year-over-year growth, IL is uniquely poised and funded for a remarkable trajectory of success.


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Job Summary

IL has a small, nimble finance group that needs to add to its bench strength to develop and implement efficient financial processes that will manage IL’s high growth. IL is a high-volume manufacturer, with a finance / accounting group that actively supports internal teams and works closely with external private equity investors.

IL has an immediate need for a key person to develop best in class Inventory Management processes, Standard Costing analysis and assist in broader based Financial Analysis. A successful candidate will have a strong, core accounting background, an aptitude for managing ERP processes and knowledge on how to create, develop and communicate effective analysis.  IL’s high growth has created a culture of rapid change and process improvement, which the Finance/Accounting team is highly integrated into. A candidate with a desire to develop new processes, propose solutions to issues and bring unique ideas, will have numerous opportunities to add value to the organization.



Education/ Experience

  • 3-5+ years of accounting experience
  • Bachelor's Degree in Accounting/Finance from an accredited College or University.
  • Strong GAAP knowledge, experience in cost accounting and management reporting
  • Experience working in a manufacturing accounting environment
  • Financial Analysis development and reporting
  • The ability to think critically and develop financial processes and policy
  • Excellent written and verbal communication skills
  • Detail oriented and good organization skills
  • Proficient in Microsoft Excel, ERP systems and reporting tools (Adaptive, Tableau, Power BI etc.).


Knowledge, Skills, and Abilities

  • Accounting (US GAAP, IFRS)
  • Corporate Finance
  • Standard Costing
  • Reporting Skills
  • Attention to Detail
  • Deadline-Oriented
  • Reporting Researched Results
  • Understanding of COGS vs COGM, PPV, IRR, DSI


Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Sit for more than 6 hours per shift
  • Ability to fully use hands
  • Reach with hands and arms
  • Talk and/or hear
  • Stand for up to 4 hours at a time regularly
  • Walk or move from one location to another
  • Periodically may need to climb, balance, stoop, kneel, or crouch
  • Lift and/or move up to 10 pounds regularly and up to 50 pounds occasionally


Work Environment


The performance of this position may occasionally require exposure to the manufacturing areas where under certain areas require the use of personal protective equipment such as safety glasses with side shields and mandatory hearing protection. For the most part ambient room temperatures, lighting and traditional office equipment as found in a typical office environment.   

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  • Location
    Springville, Utah
  • Department
  • Employment Type
  • Minimum Experience
  • Compensation
    $70,000+ DOE