Senior Cost Accountant
4 weeks ago
This position will require travel up to 30%
RESPONSIBILITIES
- Determine, manage and maintain standard costs (including Material, Freight In, Labor & Overhead) for all manufactured items
- Determine, manage and maintain standard costs (including purchase price, freight, and customs/duties) for all purchased items
- Maintain all manufacturing workflows and BOMs; update as required when operating processes change
- Reconcile variances to standards at least monthly
- Identify drivers of material, freight, labor, and/or overhead variances
- Recommend profitability improvements and/or corrections required
- Manage inventory costing and process controls
- Develop and test inventory controls
- Reconcile perpetual inventory balances to trial balance monthly
- Review and approve inventory adjustments including because of physical / cycle counts
- Collect, analyze, and interrupt operational data to identify trends, opportunities, and areas for improvement
- Review and partner with the operational leadership in the factories to resolve and proactively minimize work order variances; implement processes to ensure earned hours are appropriately recorded on work orders
- Participate in the month-end close process book monthly entries and publish monthly operating and cost reports
- Assist in the preparation of budgets and forecasts
- Ensure compliance with accounting policies, principles, regulatory requirements, and corporate controls
PERSON SPECIFICATION
Required Experience
- Bachelor's degree in Accounting
- CPA / CMA designation or working towards CPA / CMA certification preferred
- 5+ years of experience in cost accounting in a manufacturing environment
- Strong understanding of GAAP principles and financial reporting
Essential Skills & Knowledge
- Knowledge of NetSuite, Sage, and/or Visual a strong plus
- Expert proficiency in Excel
- Excellent proficiency in other Microsoft Suite programs including Power BI
- Excellent written and oral communication skills
- Solid interpersonal skills with proven ability to develop and maintain effective business partner relationships at all levels of the organization
- Strong team work and project management skills combined with ability to work as part of a cross functional team; company has a matrix structure where working across countries and functions is a part of reality
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