Cost Accountant

2 weeks ago

Richmond, United States Sauer Brands, Inc. Full time

We are hiring Rockstars to join our Sauer Brands team

Overall Goal of the Cost Accountant Position:
Support the Senior Manager of Cost & Operational Accounting and management to improve the accuracy & processes involved in the standard cost accounting system and to help make

Cost Accountant Job Summary:
The Cost Accountant is responsible for assisting and maintaining the standard cost accounting system. This position requires a thorough understanding of manufacturing operations and generally accepted accounting practices. This position reports to the Senior Manager of Cost & Operational Accounting in our Richmond headquarters and requires interaction with all levels of the organization. In the first year approximately 25% travel will be necessary, depending on where the applicant lives.

Key Duties and Responsibilities of the Cost Accountant Position:
• Perform time studies associated with the production of Finished Goods and In-Process products at the company's four manufacturing sites (Richmond, VA, Mauldin, SC, New Century, KS, San Louis Obispo, CA) to validate the accuracy of the routings used in the manufacturing process.
• Review and analyze the Bills of Materials for the Finished Goods and In-Process products to ensure the accuracy of the standard costs.
• Assist in the review, analysis, and reporting of the plants' production variances and inventories on a monthly basis.
• Support management in the reporting of Cost of Goods Sold and gross margins for the business units and manufacturing sites.
• Assist the Senior Cost Accounting Manager with the reconciliation of perpetual inventories on a monthly basis and reporting of Purchase Price Variances.
• Analyze the standard costs of the Finished Goods products to determine accuracy of profitability.
• Review financial statements for discrepancies and other issues that should be communicated to management's attention.
• Assist the Senior Cost Accounting Manager during the budget process including the calculation of Direct Labor and Overhead rates for each site.
• Participate in the plant sites' Cycle Count Inventory adjustments and Physical Count Inventory adjustments.
• Special projects and other duties as assigned by management.

Cost Accountant Performance Standards (the criteria that will be used to evaluate performance):
• Recommend changes to the site's routings for Finished Goods and In-Process products based on the time studies to improve the accuracy of the standard costs.
• Based on the analysis of the products' Bill of Materials, propose changes which will result in more accurate costs.
• Propose revisions to the plants' manufacturing processes to improve efficiencies and reduce costs.
• Develop new reports to analyze Cost of Goods Sold, Gross Margins, standard costs, and Purchase Price Variances.
• Personal interaction, communication and teamwork with internal and external parties, consistent with

What We Are Looking For in a Cost Accountant:
• Personal Characteristics
• Professional Demeanor
• Entrepreneurial drive and the desire to "build a business".
• Passionate, outgoing, energetic, and results oriented personality.
• Overall confidence in one's ability and comfortable communicating the facts.
• Smart, creative and inquisitive
• Character and Integrity-Does the right thing even when no one is looking.
• No excuses mindset. Accountable and reliable.
• Dependable team player with positive attitude
• Determination/Grit-Pursuit of Excellence
• Passion for organization, and attention to details
• Performance History
• Documented history of making improvements in assigned work area/responsibilities.
• Stellar references based on contributions and performance.
• Demonstrated proficiency in the following Areas.
• IT Savvy
• Must possess strong mathematical and analytical skills.
• Proficient in Outlook, Word, and Excel. PeopleSoft a plus.
• A developed understanding of the standard costing process and the ability to research Cost issues.
• Ability to work with data using data analysis tools, Power BI experience a plus.
• Ability to work and thrive under time constraints and prioritize responsibilities.
• Must be able to work independently and perform at a high level in a fast-paced work environment.
• Excellent written, verbal, and interpersonal communication abilities
• Ability to anticipate work requirements and follow through with minimum direction.
• Meticulous with excellent organizational and analytical skills.
• Education & Experience
• Bachelor's Degree in Accounting required.
• A minimum 2+ years' experience in Cost Accounting, or industrial manufacturing environment.
• Experience in Standard Cost systems.
• Experience in food or beverage business a plus.
• Other:
• The location of the position can be in Richmond, VA or Greenville, SC.

What Is In It For You?
Our company acknowledges talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason, we offer a Comprehensive Benefits Plan that includes the following:

• 401K
• Medical/Dental/Vision Coverage
• Vacation, Sick Days and Holidays
• Flexible Spending Accounts
• Tuition Reimbursement
• Employee and Dependent
• Life Insurance
• Voluntary Disability Insurance
• Other Voluntary Insurance Options

Sauer Brands, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

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