Cost Analyst

2 weeks ago

Boxboro Station, United States RAPS Consulting Inc Full time
Job DescriptionJob Description

Title-Cost Analyst
Location-Boxborough, MA
Duration- Full Time
Shift Timing- Normal Day shift

Job responsibility-

  • 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.

MUST HAVES:

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

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

Nice to have-

  • Bachelor's degree in accounting, Finance, or other related discipline
  • SAP or other similar software experience
Company DescriptionRAPS Consulting Inc is recognized as one of the fastest-growing projects & services companies with its corporate office in Edison, NJ, and extensions established in Canada and India. As a veteran in delivering solutions and staffing needs for IT, Healthcare, and other non-IT sectors, we have carved a special reputation in the industry for IT and staffing solutions. With our simple formula of success, which is to be client-centric, provide a combination of onsite/onshore/offshore solutions models, and deliver it efficiently through the use of specific client-compliant models like HIPPA that protects client’s data, we take pride in serving clients with honesty, integrity, and transparency.Company DescriptionRAPS Consulting Inc is recognized as one of the fastest-growing projects & services companies with its corporate office in Edison, NJ, and extensions established in Canada and India. As a veteran in delivering solutions and staffing needs for IT, Healthcare, and other non-IT sectors, we have carved a special reputation in the industry for IT and staffing solutions. With our simple formula of success, which is to be client-centric, provide a combination of onsite/onshore/offshore solutions models, and deliver it efficiently through the use of specific client-compliant models like HIPPA that protects client’s data, we take pride in serving clients with honesty, integrity, and transparency.

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