Cost Analyst

2 weeks ago


Ayer, United States FOCUS Employment Solutions, LLC Full time
Job DescriptionJob Description

Experience Level: Junior Level (less than 5 years of experience)

Experience Required: 3 Years

Education Level: High School or Equivalent

Job Function: Accounting/Auditing

Industry: Pharmaceuticals

Relocation Assistance: No

Visa Sponsorship Eligibility: No

The primary responsibilities encompass managing the cost accounting system, analyzing and reporting on financial data, overseeing inventory, supporting audits, and improving accounting procedures.

Must-Haves:

  • At least 3 years of experience in general accounting and/or cost accounting within a manufacturing environment
  • Exposure to costing in MRP systems

Responsibilities:

  • Create and manage the organization's cost accounting system, including all related documents and records.
  • Analyze trends in costs and variances, investigate significant discrepancies, and suggest suitable actions.
  • Analyze manufacturing costs and regularly produce reports comparing standard and production costs.
  • Engage actively in meetings related to new product development.
  • Estimate costs for new and proposed products.
  • Prepare monthly inventory reports and evaluate inventory reserve needs with the Supply Chain team.
  • Oversee quarterly or bi-annual inventory audits, prepare related reports, and reconcile inventory results for management review.
  • Support the annual review and update of standard costs, including labor and overhead rates.
  • Execute month-end closing procedures as required.
  • Through general ledger account analysis and reconciliation, ensure the accuracy, reasonableness, and proper documentation of inventory account balances.
  • Align engineering budgeted production standards with QuickBooks data.
  • Facilitate the work of external and internal auditors during semi-annual and annual audits and according to the internal audit schedule.
  • Work with other accounting staff to evaluate and enhance accounting systems and procedures and provide training on new or revised processes.
  • Offer assistance to the accounts.

Benefits:

  • Medical, Dental, Vision Insurance
  • Group Life and Disability Insurance
  • 401(k) with match
  • Paid Holidays
  • Biweekly profit-sharing contribution
  • PTO (Vacation and Sick Time)
  • Bonuses

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