Strategic Cost Accountant
6 days ago
About the Opportunity
Creative Financial Staffing is partnering with a dynamic local manufacturer to find an exceptional Strategic Cost Accountant. This role is ideal for a skilled professional seeking to leverage their analytical expertise in pricing and profitability analysis to drive business growth.
Key Responsibilities
- Maintain accurate and up-to-date standard costs of raw materials, packaging, labor, and finished goods to inform production decisions.
- Review and analyze standard and actual cost variances, providing insightful reports to management to optimize resource allocation.
- Analyze profit margins by category, plant, and product line to identify areas for improvement.
- Conduct variance analysis, including purchase price variance to cost variance, cost revaluation, and invoice to purchase order variances.
- Prepare and complete internal cost audits to ensure compliance and accuracy.
- Determine estimates of new and proposed product costs to support strategic planning.
- Generate reports comparing production costs to standard costs and analyze manufacturing variances to inform process improvements.
- Monitor cycle count programs and conduct physical inventories in collaboration with production plants to maintain inventory accuracy.
- Create and provide management with reports detailing factors affecting prices and profitability of products.
- Develop and implement a standard costing methodology to streamline processes and improve efficiency.
Requirements
- Bachelor's degree in Finance or Accounting required; MBA preferred.
- A minimum of 10 years of professional experience, including 5 years in a cost accounting role.
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