Cost Accountant

2 weeks ago


South Gate, United States Flag Solutions Full time

**FLAG's **mission is to show our contractors & clients the best this industry can offer by upholding our principles of leadership, service, and exceptionalism.

For a Best-in-Class experience, partner with FLAG and allow us to demonstrate how we're changing the industry, and how we can do the same for you.

We are looking to hire a **Junior Cost Accountant** **in the city of** South Gate, CA. **This is a **_contract to hire_** opportunity to join our Accounting department.

**Schedule**: 8am-4:30pm

**Pay**: $30-35/hour

We are seeking a highly motivated and detail-oriented Junior Cost Accountant to join our finance team. As a Junior Cost Accountant, you will play a vital role in ensuring the accuracy of our cost accounting processes and providing valuable insights to support strategic decision-making within the organization.
- **Cost Analysis and Reporting**:

- Analyze manufacturing and production costs to identify variances and discrepancies.
- Prepare detailed cost reports and analyses to provide management with insights into cost drivers and trends.
- Monitor inventory levels and reconcile inventory accounts to ensure accuracy.
- **Standard Costing**:

- Establish and maintain standard costs for materials, labor, and overhead.
- Update standard costs regularly to reflect changes in production processes or market conditions.
- Analyze deviations from standard costs and investigate root causes.
- **Budgeting and Forecasting**:

- Assist in the development of annual budgets and forecasts, particularly related to manufacturing costs.
- Provide support to department heads in understanding their cost budgets and identifying opportunities for cost savings.
- Monitor actual performance against budget and forecast and provide variance analysis.
- **Product Costing**:

- Calculate the cost of new products or product variations, including materials, labor, and overhead.
- Collaborate with cross-functional teams to ensure accurate costing of new products and timely launch.
- **Process Improvement**:

- Identify opportunities to improve cost accounting processes and systems.
- Develop and implement cost control measures to optimize manufacturing efficiencies and reduce costs.
- Streamline reporting processes to enhance efficiency and accuracy.
- **Compliance and Audit Support**:

- Ensure compliance with accounting standards and regulations related to cost accounting.
- Assist with internal and external audits by providing relevant documentation and explanations.

**Qualifications**:

- Bachelor's degree in Accounting, Finance, or related field.
- CPA or CMA certification preferred.
- Minimum of 3-5 years of experience in cost accounting, preferably in a manufacturing or production environment.
- Proficiency in cost accounting principles and practices.
- Strong analytical and problem-solving skills.
- Advanced Excel skills and experience with ERP systems; prefferably SAP ERP system.
- Experience in configuring and utilizing SAP ERP system for cost accounting, inventory management, and reporting.
- Excellent communication and interpersonal skills.
- Ability to work independently and collaboratively in a fast-paced environment.


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