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Cost Accountant

3 months ago

San Diego, United States Vaco Full time

Vaco Overview:

Vaco provides expert consulting, permanent placement, executive search, and strategic staffing for companies around the world, in the areas of accounting, finance, operations, administration and more. As a premier talent solutions firm, Vaco connects people to their dream jobs and helps leading companies find talent to grow their business. About the Company: Leading producer of certified 100% organic powders to support daily health, sports performance, recovery, and cognition.

Location:

North County, San Diego - Hybrid

Title:

Cost Accountant

Salary: $90-125k(DOE) + Bonus

Job Description : Reporting to the Controller the Cost Accountant is responsible for performing the day-to-day accounting activities relating to Inventory for the company and shall assist in additional responsibilities as back up to the Controller/CFO. Partnering with the quality, research and development, and Operations teams, the Staff Accountant will support overall food safety and quality ensuring Safe & Quality Products.

The Cost Accountant will perform duties in accordance with industry specific regulations, Global Food Safety Initiative Standards, Hazard Analysis and Critical Control Points Certification, Good Manufacturing Practices, Standard Operating Procedures, Quality Standards, performance expectations as well as Workplace Health and Safety Policies and Procedures.

Responsibilities:

Analyze production costs, including raw materials, labor, and overhead, to ensure accuracy and identify cost drivers. Conduct regular cost variance analysis to compare actual costs with budgeted or standard costs. Investigate and explain variances to management, highlighting areas for improvement or corrective action. Monitor inventory levels and valuation, reconciling discrepancies and ensuring accuracy in inventory records. Assist in developing inventory policies and procedures to optimize inventory turnover while minimizing carrying costs. Collaborate with production and procurement teams to forecast inventory needs and minimize excess or obsolete inventory. Calculate and maintain standard costs for manufactured products, incorporating material costs, labor expenses, and overhead allocations. Provide support for pricing decisions by accurately estimating the cost of new products or changes to existing products. Analyze the profitability of products or product lines, identifying opportunities to enhance margins. Prepare and present periodic financial reports related to manufacturing costs, including variance analysis and cost-saving initiatives. Assist in the preparation of budgets and forecasts, providing insights into cost trends and potential impacts on profitability. Identify opportunities for cost reduction and process improvement within the manufacturing operations. Work with cross-functional teams to implement cost-saving initiatives, such as improving efficiency, reducing waste, or optimizing resource utilization. Continuously evaluate and recommend enhancements to costing methodologies and systems. Performs monthly accounting close procedures such as journal entries, account reconciliations, and variance analysis. Completes company and departmental budget to actual comparisons and analyzes key variances to plan. Performs fixed asset accounting and reporting, including maintaining fixed asset schedules and calculating depreciation, asset addition and disposal. Assists in the preparation of audit schedules for annual external audit and liaises with external auditors. Monitors and updates processes as needed to align with the growth of the business. Applies appropriate accounting procedures and maintains effective internal controls.

Qualifications:

Bachelor of Science degree in Accounting and or Finance from an accredited university. 4+ years in a Cost Accountant and role. Experience working in ERP systems and specifically accounts payable, accounts receivable and general ledger modules. Familiarity with manufacturing environments preferred. Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco also wants all applicants to know their rights that

workplace discrimination is illegal . By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to: the individual's skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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