Sr. Cost Accountant
2 weeks ago
The Senior Cost Accountant, under the direction of the site Controller, is responsible for maintenance of the standard costing system, providing analytics and reporting around manufacturing performance, and leading best practices in inventory control and spend management.
Essential Functions:
- Development and ongoing management of site standard costing, including material, labor and overhead.
- Providing analysis of manufacturing performance and spending trends and partnering with operations teams on corrective actions or other cost savings opportunities.
- Creates and posts journal entries, ensuring that business transactions are recorded accurately and in accordance with policy. Assist in preparing monthly financial statements.
- Development of financial management reporting and analytics that highlight critical performance metrics.
- Assist in the creation of standard work processes for site finance, ensuring internal controls and efficiency.
- Partner with Operations and the site Controller to develop targets using financial analysis and scenario planning. Assist in annual budget and periodic forecasting.
- Ensure inventory control through oversight of cycle count and physical inventory processes with root cause analysis and corrective action. Periodic review of Excess & Obsolete for reserve calculations and commercial opportunities.
- Prepare and assess payback analysis on capital project requests.
- Performs reconciliations of assigned balance sheet accounts and verifies accuracy of statements.
- Performs additional duties as needed and/or assigned by supervisor/management.
Position Qualifications:
- Bachelors degree or work equivalent, field of study: Finance, Accounting, or related field.
- 5-7 years of experience in a similar position/role. CMA, CPA, or MBA preferred.
- Strong technical and financial analysis and modeling skills.
- Technical system competence with JD Edwards, Microsoft Excel, Essbase.
- Knowledge of finance and accounting principles including GAAP.
- Demonstrates professional written, verbal, and interpersonal skills with ability to communicate effectively.
- Must be self-directed and motivated and able to multi-task in fast-paced, 24/7 manufacturing environment; Work schedule flexibility, with or without notice, to accommodate needs of the business.
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