Cost Accountant
1 week ago
At Dover Corporation, we are seeking a highly skilled Cost Accountant to join our team. As a key member of our finance department, you will be responsible for determining costs within the revenue recognition stream and ensuring accurate, timely data is used for qualitative analysis.
Key Responsibilities:- Establishes standard costs for all new products and maintains cost files throughout the year.
- Loads correct coding for parts being sold and maintains rules for Customer Order Management (COM) and Inventory Management (IM) within the system.
- Rolls cost standards on an annual basis and books standard cost revaluation.
- Generates Material Price Variance reports and research variances (weekly and monthly).
- Reports Perpetual Inventory to senior leadership team on a weekly basis and maintains GL and inventory count of product at consignment locations.
- Reports Monthly Sales, Cost of Sales and Inventory and prepares monthly journal entries related to MPV, cost of sales, and inventory adjustments.
- Assigns accounts for Inventory Movements on a monthly basis and performs account correction in IM prior to posting.
- Posts all inventory transactions on a monthly basis and reports vendor packaging consignment activity on a monthly basis.
- Books physical inventory results annually and reports year-end inventory balances.
- Prepares budget schedules for: vacation, holiday and physical inventory inputs. Schedules fringe and personnel allocation calculations. Calculates annual labor and overhead rates for standard costing.
- Performs wire transfer payments for international vendors, I/C locations, and special vendors.
- Bachelor's degree in Accounting, Finance or Business, from an accredited university, required. CPA or MBA a plus.
- Minimum of 5 - 7 years progressive experience in cost accounting (preferred) or general accounting in a manufacturing environment.
- Excel spreadsheet skills required. AS400 experience (Infor XA) a plus.
- Experience with Continuous Improvement Process highly desired.
- Ability to multi-task in a fast-paced, multi-cultural, global company.
- Must be a self-starter with a willingness to ask questions when uncertain.
- Excellent presentation, interpersonal, and communication skills.
- Drive for Results: Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; very bottom-line oriented; steadfastly pushes self and others for results.
- Problem Solving: Uses rigorous logic and methods to solve difficult problems with effective solutions; probes all fruitful sources for answers; can see hidden problems; is excellent at honest analysis; looks beyond the obvious and doesn't stop at the first answers.
- Customer Focus: Is dedicated to meeting the expectations and requirements of internal and external customers; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect.
- Business Acumen: Knows how businesses work; knowledgeable in current and possible future policies, practices, trends and information affecting his/her business organization; knows the competition; is aware of how strategies and tactics work in the marketplace.
- Planning: Accurately scopes out length and difficulty of tasks and projects; sets objectives and goals; breaks down work into the process steps; develops schedules and task/people assignments; anticipates and adjusts for problems and roadblocks; measures performance against goals; evaluates results.
- Organizing: Can marshal resources (people, funding, material, and support) to get things done; can orchestrate multiple activities at once to accomplish a goal; uses resources effectively and efficiently; arranges information and files in a useful manner.
- Time Management: Uses his/her time effectively and efficiently; values time; concentrates his/her efforts on the more important priorities; gets more done in less time than others; can attend to a broader range of activities.
- Listening: Practices attentive and active listening; has the patience to hear people out; can accurately restate the opinions of others even when he/she disagrees.
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