Cost Accountant

1 week ago

New Orleans, Louisiana, United States KREWE Full time
Job DescriptionJob Description

KREWE is an independent high-fashion eyewear company inspired by the creativity and spirit of New Orleans, our hometown. Since launching in 2013 the brand has continued to grow and evolve with an extensive offering of unique, hand-crafted sun and optical frames designed in New Orleans and crafted with the utmost attention to detail. In addition to brick & mortar locations, "Tiny House" concept stores, and a robust ecommerce business the brand is also available at many notable independent and major retailers such as Bloomingdales, Neiman Marcus, Nordstrom, and Shopbop. KREWE's unique approach to eyewear has created a cult-following amongst consumers and influencers alike. Our frames have appeared in publications from GQ to VOGUE and on celebrities such as Beyonce, Gigi Hadid, Meghan Markle, Carrie Underwood, Hailey Bieber, Zayne Malik, Scott Disick, Adam Huber, among others.

The Role:

The Cost Accountant will play a critical role in the financial operations and controls of our inventory management and controls, focusing on cost accounting, controls, contract management, and reporting. This position requires a deep understanding of cost accounting principles, extensive experience with inventory management, and the ability to analyze complex data to provide strategic insights. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to collaborate with cross-functional teams to enhance cost efficiency and accuracy.

Based at our New Orleans Headquarters, this role reports to the CFO.

Key Responsibilities:


Cost Accounting:
  • Perform detailed cost analysis and provide comprehensive reports on production costs, inventory, and cost of goods sold.
  • Develop, maintain, and improve standard cost models and ensure accurate costing of products.
  • Conduct regular variance analysis, comparing actual costs to standard costs, and provide insights on discrepancies.
  • Support the monthly close through management and control of inventory and COGS entries.
Inventory Control:
  • Oversee and manage inventory accounting processes, including reconciliation of physical inventories with system records.
  • Implement and monitor inventory control procedures to ensure accuracy and integrity of inventory data.
  • Consolidate and assess periodic cycle counts and annual physical inventories to maintain inventory accuracy.
  • Manage adherence to major contract terms for manufacturing, shipping, warehousing, and import export controls.
Financial Reporting:
  • Prepare monthly, quarterly, and annual financial reports related to cost accounting and inventory.
  • Support month-end and year-end closing processes by ensuring accurate recording of inventory and cost transactions.
  • Assist in the preparation of financial statements and management reports.

​​​​​​​Budgeting and Forecasting:
  • Assist in the development of annual budgets and forecasts, providing detailed analysis of cost and inventory data.
  • Monitor budget performance and provide variance analysis and recommendations for cost control.

Process Improvement:
  • Identify areas for cost reduction and operational efficiency improvements.
  • Collaborate with operations, supply chain, and production teams to implement best practices in cost management and inventory control.
  • Develop and enhance cost accounting systems, procedures, and controls.

​​​​​​​Compliance and Auditing:
  • Ensure compliance with internal policies, accounting standards, and regulatory requirements.
  • Support internal and external audits by providing required documentation and explanations related to cost and inventory accounting.


Qualifications:

  • Education:
    • Bachelor's degree in Accounting, Finance, or a related field.
    • Professional certification (e.g., CPA, CMA) is preferred, but not required
  • Experience:
    • Minimum of 5-7 years of experience in cost accounting, preferably in the consumer products industry.
    • Proven experience in inventory control and management.
    • Strong experience with ERP systems (e.g., SAP, Oracle, Net Suite) and advanced Excel skills.
  • Skills and Competencies:
    • Deep understanding of cost accounting principles and inventory management practices.
    • Excellent analytical and problem-solving skills with attention to detail.
    • Strong organizational and time management abilities.
    • Effective communication and interpersonal skills.
    • Ability to work independently and lead projects.
    • Proficiency in accounting software and Microsoft Office Suite.

BENEFITS & PERKS:

  • Competitive wage
  • Group health plans: health, vision and dental insurance
  • Welfare benefits: life, ad&d, supplemental voluntary coverage
  • FSA Plan & HSA Program
  • 401(K) Investment Options
  • Adoption Assistance, EAP, Commuter Benefits
  • Paid Parental Leave
  • Quarterly Cultural Spend
  • Ongoing Training & Development, an Educational Allowance
  • 10 paid holidays & Paid Time Off accrual
  • KREWE employee frame discount (of course)

DIVERSITY & INCLUSION:

KREWE believes in providing an inclusive workplace where all individuals have the opportunity to succeed. We are proud to provide equal employment opportunities (EEO) to all employees and applicants without discrimination or retaliation because of race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity, gender expression, veteran status, pregnancy or any other protected characteristic as established by applicable local, state, or federal law.

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