Cost Accounting Supervisor
1 week ago
Ingersoll Rand is dedicated to fostering a diverse workforce that mirrors the communities we serve. We are proud to be an equal opportunity employer.
All qualified candidates will be considered for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations, and ordinances.
Educational & Job Requirements- Bachelor's degree in Accounting
- Minimum of 5 years of experience in cost accounting, preferably within the manufacturing or produce sector
- At least 2 years of management or supervisory experience
- Comprehensive understanding of cost accounting principles, systems, and procedures
Primary Responsibilities
- Oversee cost accounting processes, ensuring precise reporting of Cost of Goods Manufactured and Sold.
- Conduct regular cycle counts to rectify inventory discrepancies.
- Manage monthly reconciliation and update standard costs to reflect actual costs.
- Maintain a perpetual inventory system.
- Coordinate the monthly closing process, collaborating with various departments to achieve a 4-day close, which includes planning and leading monthly and quarterly inventory, preparing journal entries, posting, balancing, and reconciling subsidiary ledgers.
- Actively engage in the annual budgeting process by supplying updated cost information across diverse product lines.
- Reconcile inventory balances.
- Deliver accurate and timely financial data, including actual product costs and standard costs for new products.
- Analyze intricate manufacturing processes in partnership with Plant Managers to enhance decision-making.
- Provide account analysis for assigned accounts and additional accounts as required.
- Uphold the integrity and accuracy of the accounting system.
- Perform any other duties as assigned.
Key Competencies:
- Ability to manage multiple tasks with overlapping deadlines.
- Skill in examining and verifying financial documents.
- Proficiency in analytical techniques and good work paper practices.
- Capability to communicate financial information effectively with department managers.
- Exercise independent judgment within established systems and procedures.
- Prepare a variety of financial statements, reports, and analyses accurately and in a timely manner.
- Establish and maintain effective internal and external working relationships.
- Support staff development and cross-training initiatives.
Special Accommodation
If you are a person with a disability and require assistance in applying for a position, please submit a request.
We strive to make life better by thinking and acting like owners. We are committed to our customers' success and approach our aspirations with boldness while maintaining humility and integrity.
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