Manufacturing Cost Accountant
4 days ago
Company: MRA - The Management Association
Location: Fairfield, OH
Pay: $90,000 - $100,000 per year
Schedule: Monday-Friday, in-office position, approximately 7:30am -- 4:30pm
Job Summary:This position is responsible for all aspects of manufacturing and production costing analysis and inventory as well as managing and performing all accounting operations to include billing, A/R, A/P, GL, Fixed Assets and Revenue Recognition.
Key Responsibilities:- Compare standard cost to actual cost and identify and explain variances by customer, part number and production jobs
- Work closely with engineering and manufacturing personnel to resolve variances and adjust Bills of Materials (BOM's)
- Oversee financial analysis, reporting and strategic initiatives; Assist in the preparation of the budget and financial forecasts and report variances
- Prepare timely monthly financial statements; Perform month-end and year-end close process
- Ensure quality control over financial transactions and financial reporting; Participate in year-end Review with outside accountants
- Manage and comply with local, state, and federal government reporting requirements and tax filings
- Develop and document business processes and accounting policies to maintain and strengthen internal controls
- Produce daily production, variance, and ad hoc reports
- Review and analyze standard and actual costs for variances and prepare reports
- Update standard costs and ensure accuracy in the Bill of Materials (BOM's)
- Prepare, analyze and report monthly gross margin analysis by customer, part number and production jobs
- Analyze changes in product design, raw materials, manufacturing methods, or services to determine effects on costs
- Study and collect data to determine costs of business activities such as raw material purchases, inventory, and labor
- Responsible for account reconciliation of physical inventories and cycle counts
- Prepare periodic inventory reserves reconciliation, analyzing inventory for risk, and monitoring with support from internal stakeholders
- Work on special projects as required
- Ability to work independently and collaboratively in a fast-paced environment
- Effective communication skills, both verbal and written
- Commitment to safety, quality, and continuous improvement
- Excellent problem-solving abilities and attention to detail
- Excellent time management skills with a proven ability to meet deadlines
- Strong analytical and problem-solving skills
- Proficiency in Excel, experience in manipulating large databases a plus
- Extraordinary interpersonal skills to work in conjunction with other departments
- Must be a team player who also works well independently
- Must be able to analyze data, draw conclusions, interpret results, and make recommendations
Bachelor's degree in Accounting/Finance or similar and five (5) years in manufacturing cost accounting experience is preferred. CPA or CMA a plus.
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