Cost Accountant

4 days ago


Florence, South Carolina, United States Herbein HR Consulting Full time
Job Description

As a key member of the accounting team at Herbein HR Consulting, the Cost Accountant will play a crucial role in developing and maintaining inventory costing methodologies, interacting with business partners to drive profitability analysis, and investigating variances. This is a hands-on role that requires a detail-oriented individual who can perform day-to-day responsibilities and effectively communicate with other business leaders, including plant management, engineers, marketing, and sales personnel.

Key Responsibilities:
  • Inventory Costing and Management: Ensure accurate costs are maintained for raw materials and products, and develop and maintain annual labor and overhead rates to be used in product costing.
  • Profitability Analysis: Analyze and explain significant changes in profitability of products, determine root cause, and suggest corrective actions.
  • Financial Analysis: Analyze and explain profitability variances to forecast and budget, and perform ad-hoc financial analysis as needed to support business decisions.
  • Collaboration and Communication: Collaborate with the New Product Development team for new item setup, bill of material, and cost for new products, and assist in the analysis of Cycle Counts and annual physical inventory.
  • Inventory Optimization: Evaluate inventory for potential Excess and Obsolete items, and develop strategies to optimize inventory levels.
Requirements:
  • Education: Bachelor's degree in Accounting or Finance.
  • Experience: Minimum two years of cost accounting experience.
  • Skills: Knowledge of accounting policies and procedures, experience in manufacturing, distribution, or supply chain, and proficiency in MS Office (advanced Excel) and ERP systems.


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