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Cost Analyst

2 months ago

Ayer, United States Dice Full time

Dice is the leading career destination for tech experts at every stage of their careers. Our client, Vaakruthi Solution Inc, is seeking the following. Apply via Dice today

Description:

The main responsibilities encompass managing the cost accounting system, analyzing and reporting on financial data, overseeing inventory, supporting audits, and improving accounting procedures.

MUST HAVES:

Bachelors degree in accounting, finance, or similar field

At least 3 years of experience in general accounting and/or cost accounting within a manufacturing environment

Exposure to costing in MRP systems

Bachelors degree in accounting, finance, or similar field

At least 3 years of experience in general accounting and/or cost accounting within a manufacturing environment

Exposure to costing in MRP systems

NICE TO HAVE:

Proficiency in MS Office

SAP Or Other Similar Software Experience

RESPONSIBILITIES:

Create and manage the organization's cost accounting system, including all related documents and records.

Analyze trends in costs and variances, investigate significant discrepancies, and suggest suitable actions.

Conduct analyses of manufacturing costs and regularly produce reports that compare standard costs with actual production costs.

Engage actively in meetings related to new product development.

Estimate costs for new and proposed products.

Prepare monthly inventory reports and evaluate inventory reserve needs in collaboration with the Supply Chain team.

Oversee quarterly or bi-annual inventory audits, prepare related reports, and reconcile inventory results for management review.

Support the annual review and update of standard costs, including labor and overhead rates.

Execute month-end closing procedures as required.

Ensure the accuracy, reasonableness, and proper documentation of inventory account balances through general ledger account analysis and reconciliation.

Align engineering budgeted production standards with QuickBooks data.

Facilitate the work of external and internal auditors during semi-annual and annual audits and according to the internal audit schedule.

Work with other accounting staff to evaluate and enhance accounting systems and procedures, and provide training on new or revised processes.

Offer assistance to the accounts

BENEFITS:

Medical, Dental, Vision Insurance

Group Life and Disability insurance

401(k) with match

Paid Holidays

Biweekly profit-sharing contribution

PTO (Vacation and Sick Time)

Bonuses

Cost Analyst /Cost Accountant #J-18808-Ljbffr