Cost Accounting Specialist

2 weeks ago


Minneapolis, Minnesota, United States Detector Electronics LLC Full time
Job Overview

Detector Electronics LLC:

Detector Electronics LLC is a prominent player in the field of fire detection and suppression systems, providing innovative solutions for high-risk environments across various sectors, including critical infrastructure and clean energy. Our dedicated team is committed to ensuring safety and efficiency through advanced technology and strong client partnerships.

Position Summary
We are in search of a detail-oriented and results-driven Cost Accounting Analyst to oversee financial and cost accounting functions. This role will involve managing operational accounting activities across manufacturing sites, ensuring accuracy in monthly and quarterly financial processes. The ideal candidate will be responsible for reconciliations, balance sheet assessments, and executing complex manufacturing accounting tasks as directed by the Controllership.

Key Responsibilities

  • Oversee and manage annual costing and inventory procedures.
  • Maintain standard inventory costs within the ERP system, analyze cost discrepancies, and implement necessary corrective measures.
  • Conduct monthly and quarterly closing processes, ensuring proper recording of standard cost revaluation movements and addressing any discrepancies.
  • Facilitate manufacturing activities, perform reconciliations, and conduct thorough balance sheet reviews.
  • Provide oversight and support for quarterly assessments of excess and obsolete inventory.
  • Participate in the execution and reconciliation of annual physical inventory counts.
  • Reconcile sub-ledgers with general ledgers to ensure accuracy.
  • Collaborate closely with business partners and assist with external audits.
  • Ensure compliance with internal control standards.
  • Engage in ad-hoc projects and tasks as required.

Qualifications

  • Bachelor's or Master's degree in Finance or Accounting.
  • 3-5 years of relevant experience in cost accounting.
  • Strong understanding of Cost Accounting principles.
  • Self-motivated with the ability to work independently.
  • Excellent communication skills, both verbal and written.

Preferred Qualifications

  • MBA or CPA/CMA certification.
  • Familiarity with JD Edwards (JDE) and Hyperion Financial Management (HFM) systems.
  • Experience with manufacturing cost systems.
  • Proficiency in MS Office applications (Excel, Word, PowerPoint).
  • Accounting experience within a manufacturing or operational context.


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