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Cost Accountant

2 months ago

Columbus, United States Creative Financial Staffing Full time

POSITION SUMMARY:
The Cost Accountant is responsible for the processing of accounts payable transactions, maintaining the AP sub-ledger, and processing payments to division suppliers. This position also provides service in support of internal inquiries and vendor communications. It will assist in month end reporting and work on special projects/assignments as needed.

DUTIES:

  • Perform Costing and Material Analysis Functions including Bill of Material structures setup
  • Perform and report Labor costing analysis
  • Participate in the close process including labor variance, material variance and inventory analysis
  • Compile documentation for financial audits
  • Preparation and submittal of monthly, quarterly, & annual schedules to group office regarding specific GL account reconciliations and supplemental information used in consolidated corporate disclosures.
  • Analyzes, adjusts, and reconciles items of issue identified through Month end close review.
  • Track and verify Engineering Design and Develop costs are within budget.
  • Analyze and report weekly Sales/Cost of Sales
  • Setup Service Parts and Structures in ERP system including entry and verification of price and cost
  • Track profit/loss on Prototype Sales
  • Assist in analyzing inventory levels and transactions for recording purposes
  • Monitor the cycle counts general ledger account
  • Develop labor and burden rates required for standard cost development
  • Roll standard costs as required
  • Update current and frozen costs in system
  • Develop analysis to review all component cost/price changes resulting from VAVE initiatives, Economics, etc. including all Customer CR's
  • Verify Purchase Order Pricing
  • Compare standard to actual costs for inaccuracies and update Senior Management as appropriate
  • Work closely with Purchasing and Sales for all program cost/price changes
  • Creation and Distribution of Monthly Management Reports, and ad hoc reporting as required.
  • Specialty projects as assigned on as needed basis.
REQUIRED SKILLS/EXPERIENCE:
  • Bachelor's degree in accounting, finance, Industrial Engineering / Costing or related field.
  • At least 5 years finance experience in a manufacturing operation.
  • Strong Microsoft Excel skills.
  • Experience with SAP preferred
  • Able to appreciate and maintain proper level of confidentiality, using discretion and tact.
  • Must be able to interact effectively with other team members.
  • Demonstrate a maturity of judgement, leadership skills, attention to detail and exceptional organizational, listening, communication and presentation skills in all aspects of the job function.
  • Ability to work flexible hours in a fast-paced environment in order to meet customer requirements.

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