Cost Analyst

3 weeks ago

Ayer, United States KLM Careers Full time
Job DescriptionJob Description

Cost Analyst

Ayer, MA

Must be a US Citizen or Green Card holder.

The main 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' 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.
  • Conduct analyses of manufacturing costs and regularly produce reports that compare standard costs with actual 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 in collaboration 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.
  • Ensure the accuracy, reasonableness, and proper documentation of inventory account balances through general ledger account analysis and reconciliation.
  • 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

Required Knowledge, Skills, and Abilities: (Hiring Companies ATS Questions):

1. Do you have at least 3 years\' experience in general accounting and/or cost accounting within a manufacturing environment

2. Do you have exposure to costing in MRP systems

3. Do you have a Bachelors degree in accounting, Finance, or other related discipline - NICE TO HAVE:

4. Do you have SAP or other similar software experience - NICE TO HAVE:

5. Must be a US Citizen or Green Card holder.

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