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Cost Accountant
3 months ago
Our client currently has an opening at our Corporate Office in Tuscaloosa, AL for a Cost Accountant. This position is responsible for examining and evaluating Cost Accounting data. The ideal candidate will have a minimum of 2 years' cost accounting experience using SAP, advanced Excel knowledge and strong analytical skills.
REQUIRED QUALIFICATIONS:
- Bachelor's Degree from an accredited College or University in Accounting, Finance or Commerce & Business Administration
ACCEPTABLE TRAINING AND EXPERIENCE:
- Prefer a minimum 2 years Cost Accounting experience
- A minimum of 2 years experience working in a manufacturing environment is preferred
- Excellent computer skill with preferred experience with SAP
- Working knowledge of Cost Accounting and Managerial Accounting concepts and methodologies, as well as how they are applied in a manufacturing environment.
- Advanced Microsoft Excel skills, ability to work with detailed information and research problematic areas through data mining and /or queries
- Position requires strong analytical, mathematical and communication (written & oral) skills
- Familiarity with product costing, standard costing, fixed/variable cost concepts, cost absorption methods, and cost-volume-profit analysis
ESSENTIAL FUNCTIONS:
- Will create Accounting Master Data and release cost for new products through the ECM/Workflow system and update cost for the existing products
- Will research data of manufacturing production transactions to validate actual product cost accuracy
- Will communicate with Master Data personnel to verify current Master Data information as compared to production
- Will ensure accuracy of standard and actual cost in SAP:• Scrap and Reject Rates• Efficiency and Capacity Utilization• Manufacturing and Capacity Utilization• BOM's and Routes
- Will review production master data frequently and request any updates needed to master data group prior to release of standard cost
- Will prepare budget and calculate necessary rates for cost release and perform cost release processes in SAP
- Will maintain material cost object structure
- Will observe production for understanding of processes and breadth of products for each product line to ensure accurate cost
- Will research manufacturing cost center's planned and actual costs by account
- Will make required month-end journal entries
- Will execute Month End closing processes in SAP
- Will analyze monthly variances
- Will attend Kaizen events
- Will calculate requested cost saving on result of before and after Kaizen events such as scrap reduction, changing in BOM and routings, labors, etc.
- Will attend Walk-Throughs to gain information on the current situation of the production
- Will prepare and analyze weekly production, efficiency, quality charts and memo
- Will assist in semi-annual inventories
