Senior Cost Accountant
4 weeks ago
We are seeking a highly skilled Senior Cost Accountant to join our team at Transition Staffing Group. As a key member of our accounting team, you will be responsible for managing inventory valuation and cost of sales in line with Generally Accepted Accounting Principles (GAAP). This role requires close collaboration with Accounting, Finance, Supply Chain, and Operations teams to ensure accurate costing and efficient financial operations.
Key Responsibilities- Oversee product costing, manufacturing analysis, and inventory valuation to ensure accurate financial reporting.
- Drive process improvements and cost-saving initiatives to optimize financial performance.
- Monitor key metrics such as batch performance, labor hours, and scrap variances, and collaborate with Operations to resolve issues.
- Analyze and report on variances such as purchase price and production efficiency, working with Logistics and Operations to identify causes and solutions.
- Provide tools and reports to minimize inventory write-offs, including shelf-life expiration forecasts.
- Manage and update item master data, including costs, routings, and labor rates.
- Support the global cost update process and conduct time studies for standard cost development.
- Help streamline cost data reporting and develop pricing models for new and existing products.
- Compare actual costs to pricing models and report on discrepancies.
- Lead efforts during annual physical inventory and recommend improvements for month-end close processes.
- Complete month-end close tasks, including journal entries and account reconciliations.
- Prepare audit schedules and support external auditors.
- Perform quarterly analyses to support inventory reserves.
- Bachelor's degree in accounting required.
- 5+ years of cost accounting experience in a manufacturing environment.
- Solid understanding of accounting principles and standards.
- Proficiency in Microsoft Office and advanced Excel skills.
- Experience with ERP/MRP software, bills of material, and production control.
- Strong analytical, organizational, and communication skills.
Transition Staffing Group is an award-winning San Diego-based staffing agency providing solutions on a Temporary, Temporary-to-Hire, and Direct Hire basis. With a national reach and local job market expertise, we offer a range of benefits to our consultants and temps, including full medical, dental, vision, life insurance, and a matching 401(k) plan.
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