Cost Accountant
3 weeks ago
Job Brief: The Cost Accountant is responsible for the accuracy of financial transactions for inventory, materials, labor, and overhead. Assisting with and completing reporting and analysis for the monthly closing process, providing cost and profitability estimates, supporting the annual budgeting process, and development/verification of product standards in accordance with company policies & procedures are necessary responsibilities. This individual is expected to thoroughly understand the production process and capabilities, including a full understanding of the Company ERR/MRP system.
Responsibilities:
Essential duties and responsibilities include, but are not limited to:
- Preparing & posting of cost accounting transactions.
- Assisting in preparing & analyzing monthly financial operational reporting. Partnering with management and the accounting team to improve plant operations and drive financial results.
- Providing analysis for changes in plant profitability.
- Completing reconciliations of related balance sheet accounts.
- Maintaining, validating, and reconciliation of monthly costing data as assigned.
- Analyzing manufacturing variances and highlighting areas where improvements can be identified.
- Working with Operations and other departments to identify cost saving opportunities and strategic initiatives to drive profit improvements.
Skills Required: Bachelors Degree in Accounting, Finance, Business, or related discipline is required. 5-10 years of relevant financial analytical or related experience is also required. Prior manufacturing industry experience or exposure is necessary. The ability to apply knowledge of Generally Accepted Accounting Principles & Cost Accounting Standards and demonstrated proficiency with ERP & Financial Systems and Microsoft Office Suite products (Word, Excel, PowerPoint) are essential.
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