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Cost Analysis Specialist
2 months ago
The Cost Accountant plays a crucial role in managing the financial activities related to plant operations. This position is responsible for conducting thorough cost analysis and reporting, providing valuable insights to facilitate informed decision-making. Key responsibilities include overseeing transactions linked to procurement, manufacturing, inventory management, and distribution.
Key Responsibilities:
- Maintain precise records and documentation for inventory valuation.
- Calculate product costs, encompassing direct labor, materials, and overhead expenses.
- Lead the planning, reporting, and analysis of standard product costing, updating standards as necessary and assessing potential impacts.
- Foster continuous financial enhancements and implement process controls as required.
- Collaborate effectively across various departments to deliver cost accounting support and address cost and inventory challenges.
- Work with Operations and Engineering teams to ensure the accuracy of Bills of Materials (BOMs).
- Perform account reconciliations and analyses, with a particular focus on inventory reconciliation and cost of goods sold.
- Investigate and report on significant variances, including reviews of Purchase Price Variance (PPV), revaluations, repairs, and scrap.
- Utilize an ERP system for efficient data management and analysis.
Qualifications and Skills
Skills and Abilities:
- Proficient in Microsoft Office Suite, particularly Excel.
- Familiarity with fully integrated ERP systems, preferably JDE.
- Strong organizational, analytical, and communication skills.
- Bachelor's degree in Accounting.
- Experience with large ERP systems, preferably JDE.
- Over 10 years of experience in cost accounting.
Physical Requirements:
- Sitting: Less than 15% of the time.
- Standing: 15% to 40% of the time.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
