Senior Cost Accountant

4 months ago

Faribault, United States Inside Talent Full time

Our client is a leader in power distribution equipment and related services at the heart of supporting our electrical infrastructure. Team members focus on producing the highest quality products in the industry and providing industry-leading service. Safety and integrity are their guiding principles, and they work together to achieve excellence for their customers every day. Our client's team members are our most important asset, and they expect this position to play a critical role in achieving their objectives.

Our client is seeking a Senior Cost Accountant who enjoys working as a member of a cross-functional team to solve problems and improve performance. This position will be a member of the finance team and will work with other parts of the organization and team members to maximize success.

In this role, you will:

  • Support accounting activities for site manufacturing operations, maintaining accurate costs, inventories, internal controls, and processes.
  • Facilitate inventory-related activities with the Inventory Control team, including analysis, reporting, cycle count activities, and inventory adjustments, ensuring overall inventory accuracy.
  • Partner with production teams to ensure job costing processes are defined, documented, and implemented.
  • Review all jobs daily, ensuring they are transacted accurately and timely.
  • Review material, labor, and overhead cost and variance trends, researching significant variances and taking appropriate actions.
  • Establish, maintain, and analyze labor and overhead rates in line with operational budgets, and established production standards.
  • Partner with Engineering to analyze and update the Bill of Materials and Bill of Operations to ensure the ERP accurately reflects the current state.
  • Prepare and maintain standard adjusting journal entries with related support as relates to operational cost accounting and monthly inventory book to perpetual.
  • Assist with annual physical inventory observations across the enterprise.
  • Support ERP implementation efforts as sites deploy Epicor.
  • Partner cross-functionally to identify and implement process improvement projects and strategic initiatives for the enterprise.
  • Provide management with information vital to the decision-making process.
  • Perform monthly inventory account reconciliations.
To succeed in this role, you have:
  • Bachelor's degree with a concentration in Accounting or Finance
  • Minimum of 7 years of progressive experience within accounting/finance with experience in manufacturing cost accounting
  • Strong knowledge of accounting principles and procedures
  • Proficient use of financial systems and Microsoft Office tools, including proficiency in Excel
  • Excellent communication skills, with a bias towards collaboration and teamwork
  • Analytical skills and attention to detail

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