Inventory and Cost Accountant

1 month ago

Elk Grove Village, United States AstroNova, Inc. Full time
Job DescriptionJob Description

Summary

The Inventory & Cost Accountant monitors daily BOM transactions through the ERP system. This person ensures the accuracy of bills of materials, inventory accounts, and excess/obsolescence reserve. At year-end, this person leads the inventory physical count and revaluation processes.


Responsibilities

  • Manage daily cost accounting transactions within a manufacturing environment and maintain ERP system data integrity.
  • Ensure all inventory transactions are accounted for accurately and timely in accordance with GAAP and Sarbanes-Oxley internal control requirements.
  • Manage, reconcile, and facilitate the month-end accounting close. Ensure the accuracy of monthly reports and improve efficiencies in the close process.
  • Analyze monthly sales, margins, and manufacturing variances by utilizing report-writing tools and presenting information to management and the operations team.
  • Ensure accuracy and integrity of bills of materials and routings.
  • Interface with operations team to define key metrics. Report monthly operational scorecard of key metrics relative to Total Quality Management. Discuss areas of exposure and provide recommendations.
  • Coordinate, perform, and evaluate annual physical inventory, cost revaluation, and cost accounting financial audit.
  • Evaluate, develop, and implement process improvements in ERP system, work order processing, RMA and specialty product builds.
  • Provide functional support for strategic initiatives within the Supply Chain organization.
  • Manage the documentation and maintenance of general and cost accounting processes and internal controls.
  • Develop and manage cycle count program in accordance with defined guidelines.
  • Assist with the development of the annual budget.
  • Other duties that may be assigned.


Requirements

Experience

3 years in a manufacturing environment. Strong understanding of cost accounting systems and the BOM process. ERP software experience is required (NetSuite preferred). Strong knowledge of Microsoft Excel.


Education

Bachelor’s Degree in Accounting


Training

  • Continuous cost accounting training and education is required. Pursuit of the CMA designation is encouraged.
  • New employee orientation
  • Reading Quality Policy and QC Manual on annual basis (documented in HR)
  • Reading/on the job training on procedures, minimum annually (documented in HR)
  • Seminars, classes, lectures at discretion of manager (documented in HR)

AstroNova Inc is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

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