Cost Accounting Manager

8 hours ago


Hollywood, Florida, United States CPS Products Full time
Job Title: Cost Accounting Manager

CPS Products is seeking a highly skilled Cost Accounting Manager to join our team. As a key member of our finance department, you will be responsible for overseeing the comprehensive cost accounting functions, ensuring accurate and timely financial data to support business decisions.

Key Responsibilities:

  • Coordinate annual physical inventory counts across all locations and analyze inventory variances.
  • Analyze variances in material, freight, labor, and overhead to identify areas for improvement.
  • Execute the annual cost roll in NetSuite, including transfer pricing for products bought by subsidiaries.
  • Review and close manufacturing work orders with discrepancies.
  • Monitor inventory adjustments for accuracy and root cause analysis to enhance processes.
  • Collaborate with the engineering team to understand and analyze products' bill of materials for new product development.
  • Reconcile inventory and related balance sheet accounts and manage excess and obsolete reserve calculations.
  • Explain cost and manufacturing variances.
  • Oversee month-end close activities in cost accounting, including work order variances, inventory account reconciliation, in-transit, and intercompany profit on inventory.
  • Collaborate with cross-functional teams to provide cost-related insights for business decisions.
  • Assist in long-term planning and short-range forecasting.
  • Assist with the external audit, tax, and other external party requests.
  • Document processes.
  • Strong proficiency in Excel, including creating and modifying records using formulas, macros, pivot tables, and tables.
  • Adaptability to new systems, preferably NetSuite.
  • Capable of generating reports and queries from systems.
  • Familiarity with intercompany accounting, foreign currencies, tariff, and duty transactions, and ERP data.
  • Maintain internal control documentation and test controls.
  • Contribute to special projects as required.
  • Support internal department reporting needs.
  • Provide assistance to the team as necessary.
  • Adhere to safety, HR, and quality department policies.
  • Strong written and verbal English communication skills; Spanish proficiency highly preferred.

Requirements:

  • A minimum of 7 years of experience in cost accounting within the manufacturing industry.
  • Proficiency in handling large ERP systems.
  • Bachelor's degree in accounting or finance.
  • Ability to apply knowledge of General Accepted Accounting Principles (GAAP) and Cost Accounting Standards.
  • Advanced Excel skills, including pivots, matching, index, vlookup, and nested formulas.

Physical Requirements:

  • Prolonged periods of sitting at a desk and working on a computer.
  • Must be able to lift up to 15 pounds at times.


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