Cost Analysis Specialist
2 weeks ago
- Position Type: Full-Time
- Reports To: Corporate Controller
The Source and Recruit Company d.b.a. Harrier Financial Recruitment is proud to represent a distinguished organization specializing in high-performance optical filters for various applications, including scientific and biomedical fields. This employee-owned, Certified B Corporation is renowned for its commitment to quality and innovation, providing tailored solutions that enhance imaging and detection across multiple industries.
Role Overview
The Cost Accountant/Financial Analyst plays a pivotal role in overseeing and analyzing the organization's expenses, ensuring precise financial reporting, and uncovering avenues for cost efficiency. This position is responsible for the preparation, analysis, and reporting of cost data, supporting management in making well-informed decisions.
Key Responsibilities
- Develop and sustain cost accounting systems and documentation
- Establish standard costs for both manufactured and procured items
- Calculate direct labor and overhead rates
- Assess job profitability and ensure correct pricing
- Prepare and analyze cost reports, highlighting trends and discrepancies
- Identify and devise strategies for cost reduction
- Guarantee accurate cost allocation and provide detailed cost insights for decision-making
- Evaluate financial performance and product profitability
- Enhance production efficiency through yield analysis
- Support sales teams in pricing strategies
- Ensure precise inventory valuation and records
- Assist in the preparation of annual budgets and financial forecasts
- Ensure adherence to accounting standards and internal controls
- Conduct ad-hoc analysis and reporting
- Perform monthly bank reconciliations
- Manage month-end close processes, including allocations, accruals, sales tax, and financial statements
- Input data and generate documents using a computer
- Maintain close vision for computer-related tasks
- Communicate effectively via phone
- Maintain regular attendance
- Adhere to established standards and procedures, participate in safety training, and handle company data responsibly
- Stay informed through company communications and meetings
- Embrace an entrepreneurial mindset to contribute to the company's success
- Follow responsibilities outlined in the Employee Handbook
- Minimum of five years of experience in cost accounting, preferably within a manufacturing environment
- Expert-level proficiency in Microsoft Excel
- Familiarity with SQL
- Strong analytical and problem-solving capabilities
- Experience in report writing
- Exceptional attention to detail and follow-through
- Ability to manage multiple priorities independently
- Effective interpersonal skills
The organization offers a comprehensive benefits package, emphasizing a balanced work-life environment and fostering professional growth and development.
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