Cost Accountant

2 weeks ago


Memphis, United States Adams Keegan Full time
Job DescriptionJob Description

Position Summary:

To serve as a bridge between accounting, finance, and operations, bringing in-depth experience from various sectors. Your prime focus will be on the design, development, and implementation of a cost system in the NetSuite environment.Ultimately responsible for developing accurate cost of goods sold data along with providing comprehensive cost analysis for effective decision-making


Job Responsibilities:

Spearhead the establishment of a robust cost system in our current NetSuite ERP.

Oversee the design, creation, testing and implementation of all product bill of materials, routings, and master data for cost determination.

Produce monthly reports, reconciling COGS, gross margins, and other financial aspects.

Contribute to forecasting, budgeting, and margin analysis activities.

Streamline inventory accounting, ensuring accuracy in work order costing, inventory transactions and transfers.

Define and enhance internal controls, including shipping/receiving cut-offs.

Review and adjust overhead rates based on comprehensive analysis.

Take on general accounting tasks as required: balance sheet reconciliations, bank reconciliations, and closing activities as required.

Pioneer in creating and maintaining accounting processes.

Collaborate closely with operations, finance, and production, offering valuable insights.

Serve as the point of reference for ERP and operational systems related to cost accounting.

Generate monthly managerial reports for detailed reviews with department heads.

Other projects as requested by management to support the business.


Knowledge, Skills, and Abilities:

-Bachelor's Degree in Accounting.

-5+ years as a Cost Accountant.

-Proven expertise in ERP systems, NetSuite experience preferred.

-Advanced Excel experience including analytical tools like Pivot tables.

-Advanced analytical, problem-solving, attention to detail, organization, and prioritization skills.

-Exceptional communication skills; able to collaborate with various stakeholders.

-Ability to work in a fast-paced environment and manage multiple projects simultaneously.

-Proved track record of making decisions based on solid judgment and reasoning to secure repayment from customers for invalid items.




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