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Cost Accountant

4 months ago

McPherson, United States Viega Full time
The future counts on us, therefore, we count on you.

As a driver of innovation, Viega is one of the most important technology leaders in the installation industry. We develop intelligent systems and integrated digital solutions. Quality is incorporated into everything we do. We believe that this is about much more than supplying pipelines. We turn spaces into living rooms: More comfortable. More intelligent. More secure. More sustainable.

Support us as:

Cost Accountant

Job-ID:14194; Location(s):McPherson, KS

JOB DESCRIPTION SUMMARY

The Cost Accountant oversees all aspects of cost accounting for the company. This involves tasks such as managing monthly and annual costing rates, reviewing material cost calculations for accuracy, ensuring data integrity in SAP, coordinating with international offices, assisting with inventory counts, collaborating with General Accounting on financial entries, conducting absorption accounting, providing cost analysis, driving improvements through variance analysis, and assisting with budget processes and reconciliations.

JOB DESCRIPTION DETAILS

Costing and Inventory Valuation
  • Analyzes actual manufacturing costs and prepares periodic reports comparing budget costs to actual production costs; including product margin reporting and analytics.
  • Analyzes and develops dashboards for inventory/manufacturing variances including absorption, labor, and material variances.
  • Work closely with manufacturing to determine cause of inventory/manufacturing variances to standard and assist in development of corrective actions.
  • Summarizes unit cost information for all product lines, utilizing common Viega reports; updates standard and moving average prices as required.
Master Data Maintenance
  • Interact with Production to ensure Bills of Material (BOM) are accurate and up to date; review and audit BOM to ensure they reflect the latest manufacturing practices.
  • Analyzes accuracy of costs by reviewing material cost calculations and verifying accuracy of setup in SAP.
  • Facilitates the correction of master data errors as it relates to inventory parts.
  • Provides cost reporting for the organization, including insights and analysis of key cost drivers.
  • Leads efforts related to technology infrastructure of costing and inventory management including impacts of other functions on inventory valuation and management, non-integrated systems, and possible improvements to existing systems, including maintenance of cost accounting technology, evaluation of alternative processes, expansion of current applications, and training.
Accounting
  • Works collaboratively with General Accounting to post all monthly cost and inventory entries.Maintains balance sheet reconciliations as needed.
  • Assists in the successful planning and execution of year-end physical inventory for both manufacturing and logistics center locations.Reviews and approves all weekly cycle count inventory adjustments.
  • Reconciles inventory per the balance sheet to various sub-ledger systems and books reconciling adjustments.
  • Analyzes excessive and obsolete inventory SKUs and proposes reserve adjustments as required.
  • Analyzes absorption accounting results for accuracy.
  • Responsible for the adherence and updating of all controls within the inventory and manufacturing environment.
  • Supports both internal and external annual audit procedures as needed.
Reporting and Analysis
  • Provides cost analysis and estimating support to independent studies, analysis of alternatives, economic analysis, and program budget development.
  • Participates in several special project teams representing finance (new mfg. facilities, large capital outlays).
  • Performs ad hoc product/plant cost analysis for management as requested.
  • Drives continuous improvement through trend reporting analysis and metrics management.
  • Assists with year-end budget process; collects and analyzes standard cost calculations of actual labor, material, and overhead costs against actual budget; researches and explains variances.
  • Analyzes and reviews cost estimates including technical data, cost estimating methods, ground rules, and assumptions submitted by departments or contractors for completeness, consistency, and thoroughness.
Other
  • Attends meetings as required and/or assigned.
  • Performs other duties as required and/or assigned
  • Will be required to travel up to 10-25% of the time.
REQUIRED QUALIFICATIONS
Knowledge, Skills and Abilities
  • Knowledge of computer programs including Microsoft Word, Excel, Outlook, PowerPoint, Access, SAP and SAP BW
  • Knowledge of direct and indirect cost structures
  • Working knowledge of forecasting (budget, forward pricing, economic feasibility, profitability analysis)
  • Excellent interpersonal skills and work well with all levels of the organization
  • Strong oral and written communication skills
  • Excellent analytical skills and ability to perform various analyses (economic feasibility, profitability, etc.)
  • Ability to analyze moderately difficult to complex financial issues, draw conclusions based on analysis, and recommend alternative solutions
  • Ability to be detail-oriented, motivated and have a strong aptitude for numbers
Education, Certification/License & Work Experience
  • Bachelor's Degree in Accounting, Finance, or related discipline.MBA or CPA preferred
  • 1-3 years experience of cost accounting
Equivalent combinations of education and experience may be considered.

Total Rewards Package :

Compensation
  • Base: $48 ,000to $66,000annually, based on specific compensable factors including, but not limited to education, work experience, and geographic market.
  • Bonus: This role will be eligible for participation in a discretionary annual bonus program, pursuant to which an employee may be awarded a percentage of their salary based on the company's performance and their own individual performance.
Benefits
  • Medical, Dental, Vision
  • Wellness Program
  • Health Savings Account (HSA) with a company contribution
  • Voluntary Benefits (Life, AD&D, Disability)
  • 401(k) retirement planwith a 7.5% company contribution
  • Time Off Programs- 22 days Paid Time Off (PTO), 9 Company Holidays, 2 Volunteer Days
Application Window
  • Posting date: 4/12/2024
  • The application deadline for this job has been extended to: 6/16/24


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