Senior Cost Accountant

1 week ago

Dallas, Texas, United States Dairy Farmers of America Full time

Job Summary

We are seeking a highly skilled Senior Cost Accountant to join our team at Dairy Farmers of America. As a Senior Cost Accountant, you will be responsible for providing cost accounting services, analyzing and providing monthly cost updates, and conducting studies of material, labor, or other expenses to determine production costs, cost of sales, or other cost-related performance measures.

Key Responsibilities

  • Capture and classify cost data to determine the cost associated with products/product lines, projects, or departments
  • Analyze actual costs to historical or projected costs and report on variances
  • Prepare, analyze, and track monthly inventory reserves, material savings, inventory forecast, and standard margin variances
  • Monitor purchase price variances and provide monthly analysis of production variances
  • Gather system reports and information from appropriate groups needed to complete governmental reporting and/or other reports
  • Prepare timely and accurate monthly standard costs and perform monthly cost rolls for finished products manufactured and purchased along with cost change analysis
  • Provide accounts payable cost verifications; conduct and analyze audits of costs and prepare reports
  • Prepare cost studies for existing and new items
  • Prepare monthly KPI metrics report
  • Prepare estimates of new or proposed product costs
  • Function as a primary resource for site controllers and other accountants related to cost accounting
  • Lead the activities or coordinate efforts required for external and internal audits
  • Recommend and implement cost accounting methods and procedures
  • Seek continuous improvement in all areas related to cost accounting and financial reporting as assigned

Requirements

  • Undergraduate degree in accounting, finance, or related curriculum (or equivalent combination of education and experience)
  • 5 to 8 years' experience in accounting, cost accounting, or finance
  • Manufacturing experience preferred
  • Certification and/or License – CPA preferred

Knowledge, Skills, and Abilities

  • In-depth knowledge of cost accounting methods
  • Able to apply generally accepted accounting principles and use and knowledge of accounting, manufacturing and spreadsheet software (SAP or equivalent ERP software)
  • Able to apply financial acumen skills: strong understanding of the financial framework of the company and financial processes and metrics used to improve the efficiency and effectiveness of the company
  • Able to provide accurate, thorough and timely analyses
  • Able to apply a strong attention to detail
  • Able to communicate clearly and effectively, both verbally and in writing
  • Able to work collaboratively with all departments, management levels within the company, and external stakeholders
  • Able to work independently on projects; able to take ownership for assigned work and see through to completion
  • Able to multi-task and problem solve
  • Must be able to read, write and speak English

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