Project Cost Accountant

1 week ago


Bloomington MN, United States Jobot Full time
This Jobot Job is hosted by: Chelsea Piekarski
We are dedicated to revolutionizing the manufacturing industry with our innovative solutions and commitment to excellence.

As a rapidly growing leader in the sector, we specialize in delivering high-quality products that meet the evolving needs of our diverse clientele.

Our team of skilled professionals is driven by a passion for innovation, ensuring that we stay at the forefront of technological advancements and customer satisfaction.

Are you a financial whiz with a passion for manufacturing? This position is an integral part of our financial team and will play a critical role in maintaining and controlling our project costs.

The ideal candidate will have a strong background in cost accounting within the manufacturing industry, a keen eye for detail, and a passion for driving efficiency and profitability.

This is a permanent, full-time position with excellent benefits and opportunities for professional growth.
Develop and maintain a cost accounting system that ensures accurate costing.
Update standard costs and ensure accuracy in the Bill of Materials (BOMs).
Prepare, analyze, and report monthly gross margin analysis by customer, part number, and production jobs.
Analyze changes in product design, raw materials, manufacturing methods, or services to determine effects on costs.
Study and collect data to determine costs of business activities such as raw material purchases, inventory, and labor.
Responsible for account reconciliation of physical inventories and cycle counts.
Prepare periodic inventory reserves reconciliation, analyzing inventory for risk, and monitoring with support from internal stakeholders.
Assist in month-end and year-end closing by analyzing inventory and preparing supplemental reports as needed.
Work on special projects as required.
Carry out cost-volume-profit (CVP) analysis, including for small businesses.
Establish costs of business processes such as administration, labor, shipping, etc.
Perform account reconciliations.
Prepare audit reports and present findings to management.
Recommend changes to the company's processes and policies to reduce cost and maximize profit.
Advise executives and upper management on appropriate costing based on financial data.
Prepare and complete internal cost audits.
Comply with Generally Accepted Accounting Principles (GAAP) for financial statements.
Analyze the data collected and record the results.
Assist in audits and general ledger preparation.
Bachelor's degree in Accounting or related field.
Minimum of 3 years of cost accounting experience
Excellent analysis skills, with the ability to collaborate with a multi-department team.
Proficient in Microsoft Office Suite, with advanced Excel skills.
Experience with financial software and databases.
Able to work independently with little supervision.
Knowledge of GAAP and other relevant financial regulations.
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