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Senior Cost Accountant

2 months ago

New Albany, Mississippi, United States New Albany Industries Full time
Job Summary

We are seeking a highly skilled Senior Cost Accountant to join our team at New Albany Industries. The successful candidate will be responsible for general ledger accountability, inventory reporting, and overhead and import factory reporting.

Key Responsibilities
  • Prepare monthly inventory reconciliations and valuation, including direct cost, related freight, labor, and overhead.
  • Ensure in-transit inventory is accurately reported.
  • Monitor and value quality control inventory.
  • Monitor inventory transactions for reasonableness and research unusual activity.
  • Responsible for inventory and overhead general ledger accounts.
  • Responsible for analysis of overhead related expenses and allocating costs incurred proportionally between import and manufactured expense accounts.
  • Responsible for calculating the appropriate capitalization rates for labor, overhead, and freight.
  • Prepare monthly account reconciliations.
  • Monitor and reconcile cost of goods sold accounts.
  • Monitor and record production values.
  • Responsible for identifying obsolete inventory and maintaining appropriate reserve values.
  • Responsible for rolling the processing month after each month closes.
  • Maintain current cost of raw materials and finished goods in the system.
  • Ensure timely preparation and distribution of monthly reports to internal personnel.
  • Analyze costs associated with domestic suites and apply appropriate factors for pricing calculation.
  • Assist with annual physical inventory count process.
  • Work with external auditors at yearend to provide necessary documentation and reports.
  • Assist with bank audits and inventory appraisals providing support, documentation and reports.
Requirements
  • Degree in accounting.
  • 3+ years senior level cost accounting.
  • Advanced Level Excel skills.
Preferred Qualifications
  • 5+ years plus Cost Accounting experience, including experience in industry.
  • JD Edwards experience.
  • Advanced computer skills.
Working Conditions

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and fax machines.

Mental Requirements

  • Prolonged periods sitting at a desk and working on a computer.
  • Must be able to lift up to 15 pounds at times.
  • May be required to travel on occasion.