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Inventory and Cost Accountant

1 month ago

Elk Grove Village, United States AstroNova, Inc. Full time
Job DescriptionJob Description

Summary

The Inventory & Cost Accountant monitors daily BOM transactions through the ERP system. This person ensures the accuracy of bills of materials, inventory accounts, and excess/obsolescence reserve. At year-end, this person leads the inventory physical count and revaluation processes.


Responsibilities

  • Manage daily cost accounting transactions within a manufacturing environment and maintain ERP system data integrity.
  • Ensure all inventory transactions are accounted for accurately and timely in accordance with GAAP and Sarbanes-Oxley internal control requirements.
  • Manage, reconcile, and facilitate the month-end accounting close. Ensure the accuracy of monthly reports and improve efficiencies in the close process.
  • Analyze monthly sales, margins, and manufacturing variances by utilizing report-writing tools and presenting information to management and the operations team.
  • Ensure accuracy and integrity of bills of materials and routings.
  • Interface with operations team to define key metrics. Report monthly operational scorecard of key metrics relative to Total Quality Management. Discuss areas of exposure and provide recommendations.
  • Coordinate, perform, and evaluate annual physical inventory, cost revaluation, and cost accounting financial audit.
  • Evaluate, develop, and implement process improvements in ERP system, work order processing, RMA and specialty product builds.
  • Provide functional support for strategic initiatives within the Supply Chain organization.
  • Manage the documentation and maintenance of general and cost accounting processes and internal controls.
  • Develop and manage cycle count program in accordance with defined guidelines.
  • Assist with the development of the annual budget.
  • Other duties that may be assigned.


Requirements

Experience

3 years in a manufacturing environment. Strong understanding of cost accounting systems and the BOM process. ERP software experience is required (NetSuite preferred). Strong knowledge of Microsoft Excel.


Education

Bachelor’s Degree in Accounting


Training

  • Continuous cost accounting training and education is required. Pursuit of the CMA designation is encouraged.
  • New employee orientation
  • Reading Quality Policy and QC Manual on annual basis (documented in HR)
  • Reading/on the job training on procedures, minimum annually (documented in HR)
  • Seminars, classes, lectures at discretion of manager (documented in HR)

AstroNova Inc is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

AstroNova Inc. is a drug-free workplace in compliance with the Drug-free Workplace Act of 1988. Our drug-free workplace policy includes pre-employment drug testing of federally controlled substances, including marijuana.