Cost Accounting Senior Analyst

2 weeks ago


South Jordan, Utah, United States Creative Financial Staffing Full time
Position Overview: As a Senior Cost Analyst, you will be responsible for overseeing the comprehensive accountability of raw materials, commodities, and work-in-process inventory transactions. Your role will involve reconciling book inventory values with perpetual inventory records, providing precise reports on operational efficiency variances, and identifying opportunities for cost reductions.

Key Responsibilities:
  • Conducting thorough analyses of manufacturing processes, equipment availability, and utilization rates.
  • Executing month-end cost accounting closures to ensure accurate financial reporting.
  • Maintaining the integrity of the cost accounting system and cost ledger.
  • Performing life cycle cost-benefit analyses to inform strategic decisions.
  • Evaluating inventory valuations to support financial accuracy.
  • Collaborating with local management to conduct financial analyses, project costs, and clarify variances from established manufacturing standards or departmental budgets.
  • Ensuring the integrity of work-in-process inventory transaction data, including stage yield reporting and actual direct labor and equipment running hours.
  • Administering a manufacturing cost system that delivers timely and accurate quantitative data regarding budget progress and standards, facilitating appropriate inventory valuation in line with established policies and guidelines.
Qualifications:
A Bachelor’s degree in Accounting is required, with a CPA or MBA preferred. Proficiency in Advanced Excel and SAP is essential. Candidates should possess 5 to 8 years of relevant experience.
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