Cost Accountant Analyst

3 weeks ago

Minneapolis, United States CareerBuilder Full time

Job Description

Job Description

Labor Solutions has gained partnerships with multiple industrial manufacturing companies that need our assistance to help with hiring for their job opportunities. We are in search of a Cost Accountant to join their team.
The Cost Accountant role conducts studies provided to cost information not supplied by general accounting systems including building, running, and analyzing reports and providing suggestions to further increase the profitability and decreased risk for the organization especially in regard to inventory practices. Fully onsite Monday through Thursday.
RESPONSIBILITIES/DUTIES:
Analyzes changes in product design, raw materials, manufacturing methods, or services to determine effects on costs including efficiency and rates

Analyzes, processes, and coordinates with Engineering Department on Prototypes, First Articles, and Engineering Change Notices

Assist with issue and changes to bills of materials in Enterprise Resource Planning (ERP) system

Analyses actual manufacturing costs and prepares reports comparing standard costs to actual production costs

Prepare detailed inventory analyses and aging reports identifying net realizable values.

Oversees physical inventory exercise and cycle counting program and results of each.

Prepares recommendations for policy, procedure, control, and action based on the results of large volume data analysis

Monitor, analyze, and identify excess and obsolete inventories to see if it can be returned to vendors, sold, donated, or scrapped

Compiles cost information to be used in operating budget presentations

Makes estimates of new and proposed product or service costs

Provides management with reports specifying and comparing factoring affecting prices and profitability of products or services

Identifies trends and recommends improvements accordingly

Collaborates closely with Purchasing, Accounting, and Engineering

Assists Controller in budget development, planning and other financial requirements

Reconciles inventory sub-ledger to general ledger

Other corporate accounting duties as assigned.

REQUIRED

EDUCATION/EXPERIENCE:
2 years of experience in Cost Accounting in an ERP environment

2 years of experience in processing large amounts of data in Microsoft Excel

Proficiency in reading and writing in English

PREFERRED

EDUCATION/EXPERIENCE:
5 years of experience in Cost Accounting in an ERP environment

1 year experience in Syteline ERP system

Bachelors degree in Accounting

SPECIFIC KNOWLEDGE, SKILLS, LICENSES, CERTIFICATIONS, ETC:
Analytical mindset with strong problem-solving skills

Demonstrated integrity and able to present findings and recommended solutions

Proven experience working and communicating effectively with all levels of employees

Ability to build and maintain effective working relationships with a variety of individuals

Highly organized and able to manage multiple projects simultaneously

Company Description Labor Solutions, LLC is a leader in the professional, temporary, and direct hire industry throughout the Midwest area. Our clients range from individual entrepreneurs to large corporations, and while we are big enough to serve Fortune 100 companies, we are small enough to stay nimble in an always-changing market.

Thank you

Company Description

Labor Solutions, LLC is a leader in the professional, temporary, and direct hire industry throughout the Midwest area. Our clients range from individual entrepreneurs to large corporations, and while we are big enough to serve Fortune 100 companies, we are small enough to stay nimble in an always-changing market.Thank you
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