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Cost Accounting Specialist

2 months ago

Milford, New Hampshire, United States Alene Candles Full time
About Alene Candles

Alene Candles is a leading private label, contract manufacturer that produces high-quality candles for renowned retail, boutique, and cosmetic brands. With a strong presence in the home, beauty, and fragrance industry, we are committed to delivering exceptional products while prioritizing safety and creating an outstanding work environment.

The Role

We are seeking a highly skilled and detail-oriented Cost Accounting Analyst to join our Finance department. As a key member of our team, you will support the Cost Accounting function across our three facilities, ensuring the accuracy of our job costing reports and product costing for pricing approval.

Key Responsibilities
  • Maintain Cost Accounting processes to establish costs for new products and review/analyze costs of existing products
  • Work collaboratively with manufacturing, procurement, and engineering teams to develop and maintain accurate standard costs
  • Ensure cost integrity of inventory items through correct forms and accurate entry in our ERP System
  • Review Item Master (raw materials and finished goods) and Bills of Materials (BOMs)
  • Monitor manufacturing labor and material variances; work closely with plant managers on recommendations for improvement
  • Produce weekly variance reports; identify issues and trends; investigate exceptions to understand root causes; recommend changes and enhancements
  • Work to enhance report efficiency and expand report automation
  • Measure and report standard cost variances, identify trends and exceptions, and recommend actions to key players
  • Support month-end deliverables, including reporting, variance analysis, and reconciliation of cost of goods sold accounts; prepare month-end journal entries
  • Participate in preparation and execution of scheduled standard cost updates in our ERP System
  • Assist with annual physical inventory audits
Requirements
  • Bachelor's degree in Finance/Accounting, Business, or Supply Chain
  • 2+ years of experience in finance or manufacturing environment
  • Familiarity and comfort with ERP platforms
  • Strong technology skills, including proficiency with Excel, Outlook, Word, and PowerPoint
  • Ability to travel 5% of the time as needed
Preferred Qualifications
  • Previous experience or exposure to cost accounting is highly desired
  • Previous experience with IFS is a plus
  • Highly detail-oriented, organized, and multi-tasker
  • Problem solver with strong analytical skills
  • Hands-on and not afraid to roll up sleeves and dig into data
  • Ability to execute tasks independently and meet assigned deadlines in a timely manner
  • Efficient communicator and adaptable to collaborating across departments and functions
  • Comfort with data mining and manipulation
  • An inquisitive nature with the desire and tenacity to search for answers and offer solutions