Cost Accountant

1 month ago


Riverside, United States Martinrea International Inc. Full time
Job DescriptionJob Description

Job Summary:

This role maintains standard costing for purchased and manufactured parts and is responsible for keeping systematic set of records of Capital transactions and Tooling transactions.


Knowledge and Skills (Education):
• Bachelor Degree with a concentration in Accounting
• Minimum 2 years of experience in similar position in a manufacturing environment
• Automotive experience is a ++
• Proficient in Microsoft Office; exposure to computerized manufacturing accounting systems
• Self-starter with a high level of time management and organizational skills
• Excellent analytical and problem solving skills, with attention to details
• Ability to work independently and/or in conjunction with other departments
• Tenacity to ensure inventory tasks are completed through all phases of the company

Major Accountabilities:
• Maintain standard cost information for purchased and manufactured parts.
• Prepare cost studies to develop overhead rates for the standard cost model and quoting.
• Review and verify cost changes to suppliers as necessary related to customer requirements.
• Monitor inventories productive and non-productive (MRO) for negatives, excess and obsolescence.
• Preparation of slow-moving inventory reporting and LCM analysis
• Work with materials and production departments to maintain and control material reject scrap procedure.
• Review and approve any inventory cycle count adjustments.
• Coordinate quarterly physical inventories, including inventory tag control, count entry, review of count differences and preparation of final reporting.
• Responsible for closing inventory module, monthly.
• Prepare monthly reports and analysis for all inventory, including raw, semi-finished, finished, MRO, and tooling.
• Track and monitor unbilled customer tooling inventory.
• Maintain customer tooling revenue and cost of goods sold.
• Tooling project tracking, reconciliation, report preparation/distribution and coordination of monthly meetings with Engineering
• Process Capital Assets expenditure requests ensuring corporate policies are adhered to
• Process all capital assets disposals and Martinrea Divisional transfers
• Maintain the capital assets module of CMS and reconcile to the GL
• Maintain all capital assets binders and maintain monthly CIP schedules
• Assist asset physical inventory count process, asset tagging and variance analysis
• Completion of balance sheet schedules and reconciliation
• Completion of month end journal entries
• Assist preparation of year-end audit package
• Assist month-end and year-end closing procedures
• Prepare account analysis to support financial statement numbers as required
• Other duties and responsibilities as assigned by Controller
• Abide by all company polices including, but not limited to the following; Health and Safety, Quality and Environmental Systems, Human resources policies, and Martinrea Employee Handbook



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