Senior Cost Accountant

4 weeks ago

Waterford, United States CareerBuilder Full time

Basic Purpose and Objective:

In-depth knowledge of cost accounting within a manufacturing company and fully understands the building of a standard cost, adept at variance analysis (e.g. PPV / MUV / Conversion Cost) and fully understand the link between manufacturing operations and costing.

Specific Duties and Responsibilities:

New product standard cost establishment review and approve accuracy of product structure and routing file before updating base, current and going to cost.

Review daily engineering changes review and evaluate cost implications of engineering changes to routing and/or product structure.

On a daily, weekly and monthly basis review, analyze and report variances of purchase price, material usage, outside operation, labor price, labor usage/efficiency and factory overhead efficiency to Operations, Finance and Plant management and assist with corrective action planning.

Working with the Controller, achieve daily visibility to manufacturing personnel (in the office & on the shop floor). Attend manufacturing production meetings; participate in manufacturing departmental staff meetings; test assumptions by observing production on the shop floor; develop relationships to ensure effective communication lines.

Review, analyze and report scrap and shrink.

Monitor work orders ensure completed work orders are being closed correctly and in a timely fashion.

Prepare monthly customer and product line contribution margin report.

Ensure the operation of a robust cycle counting policy in support of maintaining a high level of inventory accuracy.

Play a central role in the annual manufacturing budget process, including raw material, outside operations, standard labor and overhead rate calculations.

Prepare for and successfully carry out the year-end standard cost roll.

Critically examine pricing structures within the business and make recommendations to protect and improve profitability.

Support the Controller on new sales opportunities margin analysis.

Be a part of project teams that aim to improve performances and deliver on process improvements and cost saving initiatives.

Safety:

Follow all safety requirements to avoid injury to self and fellow employees.

Create and maintain a safe work environment; repair and/or report non-conformances to company safety policies and guidelines.

Perform the necessary safety requirements to avoid injury to self and fellow employees.

Demonstrates safe and efficient operating skills of machine shop equipment.

Housekeeping/6S.

Education and Experience Required:

Bachelor's degree in accounting or finance; advanced degree preferred.

Certified Management Accountant (CMA) preferred.

Minimum five (5) years work experience in a manufacturing environment.

Significant experience working with manufacturing teams on development and analysis of cost standards.

Strong computer experience utilizing spreadsheet, word processing and database software.

Prior experience utilizing ERP software, preferably JD Edwards. SAP, BAAN, or Oracle is also acceptable.

Ability to plan and complete assignments within deadlines.

Ability to follow complex oral and written instructions.

Ability to prepare and present complex written reports.

Ability to perform standardized and statistical computations.

Position Type/Expectations of Working Hours:

This is an on-site position at our plant in Waterford, MI.

This is a Full-Time opportunity, Monday - Friday.

Job Type: Full-time

Benefits:

401(k)

401(k) matching

Dental insurance

Flexible spending account

Health insurance

Health savings account

Paid time off

Referral program

Vision insurance

Schedule:

10 hour shift

8 hour shift

Day shift

Monday to Friday

Experience:

Cost accounting: 3 years (Preferred)

Manufacturing: 3 years (Preferred)

Work Location: In person

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