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Cost Accountant

1 month ago

Jersey City, New Jersey, United States Vaco Full time
Job Summary:

We are seeking a highly skilled and experienced Senior Cost Accountant to join our team at Vaco. The ideal candidate will have a strong background in cost accounting principles, excellent analytical skills, and experience working with Microsoft Office Suite, advanced Excel, and Power BI.

Key Responsibilities:
  • Cost Accounting Management:
    • Develop, implement, and maintain cost accounting systems and procedures to accurately reflect manufacturing costs.
    • Analyze production costs, identify cost-saving opportunities, and recommend improvements to enhance profitability.
    • Conduct regular reviews of standard and actual costs, investigating variances and reporting findings.
  • Inventory Management:
    • Oversee inventory valuation, ensuring accurate costing of raw materials, work-in-progress, and finished goods.
    • Coordinate with the production team to monitor and manage inventory levels, reduce waste, and optimize stock usage.
    • Perform periodic physical inventory counts and reconcile discrepancies.
  • Financial Analysis & Reporting:
    • Prepare detailed cost analysis reports, including cost of goods sold (COGS), product margins, and manufacturing variances.
    • Collaborate with the finance team to support budgeting and forecasting activities.
    • Assist in month-end and year-end closing processes, ensuring accurate financial reporting.
  • Compliance & Auditing:
    • Ensure compliance with company policies, accounting standards, and regulatory requirements.
    • Support internal and external audits by providing necessary documentation and explanations.
Qualifications:
  • Education:
    • Bachelor's degree in Accounting, Finance, or a related field.
    • CPA or CMA certification is a plus.
  • Experience:
    • Minimum of 5 years of experience in cost accounting within a manufacturing environment.
  • Technical Skills:
    • Proficiency in Power BI.
    • Advanced skills in Microsoft Excel and other financial analysis tools.
  • Knowledge:
    • Strong understanding of cost accounting principles, including standard costing, variance analysis, and overhead allocation.
    • Familiarity with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations.