Cost Accounting Specialist
2 weeks ago
- Generate precise and timely financial reports in line with our established timeline, collaborating with the Accounting Team.
- Manage full cycle accounting: utilize generally accepted accounting principles (GAAP) to assess financial data and produce both external and internal management financial statements.
- Oversee month-end and year-end closing processes, including general journal entries, accruals, account analysis, and reconciliations.
- Handle the cost accounting responsibilities, which include cycle count audits, standard cost roll processes, and the preparation and evaluation of inventory reserves and variances.
- Prepare flash reports along with quarterly profit and loss statements and balance sheet forecasts, as well as annual financial plans.
- Assist in the corporate internal audit procedures.
- Support the Controller with various special projects as needed.
- Engage in initiatives aimed at process enhancement.
- Contribute to the establishment and execution of internal control guidelines and testing.
- Play a role in the development of internal financial policies and procedures.
- Maintain comprehensive work papers and instructions for journal entries and account reconciliations.
- Organize and review various accounting reports, providing constructive feedback to management.
- Assist in coordinating the annual budget and ongoing forecasting.
- Handle ad-hoc projects and reporting as assigned.
- Demonstrate a commitment to improving processes and outcomes while ensuring accuracy and effective communication that supports compliance with all corporate and segment reporting.
- Bachelor's degree in finance or accounting.
- A minimum of 5 years of progressive experience in Accounting or Financial Planning & Analysis.
- Familiarity with manufacturing, inventory, and cost accounting principles.
- Knowledge of intercompany transactions, eliminations, and foreign currency transactions.
- Experience with Hyperion, IFS, and/or SmartView is advantageous.
- Detail-oriented with strong verbal and written communication abilities.
- Ability to take initiative and work independently with minimal oversight.
- Strong interpersonal skills to effectively engage with all management levels and collaborate in a team setting.
- Experience in a manufacturing environment with a multinational corporate structure is preferred.
- Proficient in Microsoft Office suite and experienced with a major ERP system, with strong Excel skills required.
- Experience dealing with multiple currencies.
- Language: Exceptional oral, written, and interpersonal communication skills, with the ability to effectively engage with all management levels and work collaboratively.
- Work Skills: Comprehensive understanding of GAAP, Cost Accounting, and ERP systems, along with excellent project management, analytical, and organizational skills.
- Physical Requirements: The physical demands outlined here are representative of those that must be met by an employee to successfully perform the essential functions of this role. Reasonable accommodations may be made for individuals with disabilities.
- Working Conditions: The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this role. Reasonable accommodations may be made for individuals with disabilities.
- Personal Attributes: Candidates must possess strong interpersonal skills, the ability to communicate effectively at all organizational levels, and demonstrate strong problem-solving and creative skills. A high level of integrity, dependability, and a results-oriented mindset are essential.
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