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Senior Cost Accountant

2 months ago

Livermore, United States Masis Professional Group Full time

Senior Cost Accountant Job Description: Masis Professional Group has an immediate need for a Senior Cost Accountant for a very well established and growing manufacturing firm in the Livermore, CA area on a full-time direct hire basis. The Senior Cost Accountant will be responsible for the application and integrity of cost accounting practices in a dynamic manufacturing environment. This includes, but is not limited to planning, collecting, and analyzing data to determine and report all cost factors affecting production such as raw material purchases, inventory management costs, production labor, outside services, and machine shop activity. Track and report on all raw materials, WIP, finished goods, and consignment inventory. Senior Cost Accountant Responsibilities: Responsible for the accuracy and integrity of inventory cost data. Responsible for the maintenance of standard material costs and rates. Annual evaluation of tiered pricing and purchasing patterns to determine whether the standard should be updated. Proactively review reports of items with a $0 standard cost and communicate with Operations to determine if standard cost updates are needed. Review, identify, and monitor potential obsolete and excess inventory and calculate the necessary reserves for management’s review. Perform periodic review of labor and overhead rates to ensure proper pricing of the company’s products. Ensures timely preparation and distribution of actual to budget cost center reports, inventory-related reports, and other miscellaneous month-end management reports including any necessary analysis, reconciliations, and explanation of results. Review and distribute PPV and WO Variance reports to operations, for review, explanations, and sign off. Communication and partnering with Operations on variance review as needed. Assist in periodic inventory counts and evaluate the adequacy of the inventory count program. Prepare the month-end cost accounting journal entries and monthly reconciliation of perpetual inventory to the general ledger. Perform the quarterly warranty reserve analysis for management review. Prepare monthly reconciliations of various general ledger accounts. Responsible for the preparation of all inventory-related reports. Assists in the budget and forecasting processes as it pertains to cost of goods and manufacturing expenses, as requested. Responsible for accounting projects that will be assigned from time to time. Prepare quarterly and year-end audit documentation (review of account balances/explanation of changes), based on requests received from our audit partners. Monitors the cost accounting activities of others to ensure consistency in reporting and compliance to the company and J-Sox Controls. Senior Cost Accountant Qualifications: 4-7 years cost accounting experience in a standard cost manufacturing environment. Experience in an advanced MRP II environment. Advanced in Windows-based PC software packages including spreadsheet and word processing (Excel and Word, etc.) Advanced interpersonal and analytical skills and proven problem-solving skills. Good communication skills, both verbal and written. Ability to maintain strict confidentiality. Ability to prioritize and manage multiple projects and work independently. Attention to detail. Bachelor’s degree in accounting or finance preferred Experience in Oracle preferred