Cost Accountant

4 weeks ago


Monroe, North Carolina, United States ITEC Full time
Job Title: Cost Accountant

At ITEC, we are seeking a highly skilled Cost Accountant to join our team. The successful candidate will be responsible for performing advanced cost accounting analyses to compare estimated costs to actual costs and preparing a variety of related budget reports.

Key Responsibilities:
  • Gather and compile cost information and maintain a database concerning expenses.
  • Develop systems and procedures for accumulation systems and/or cost accounting functions.
  • Determine fixed costs such as salaries, rent, and insurance.
  • Predict, plan, and record variable costs such as purchases of raw material, labor, and operation costs.
  • Review and analyze actual costs to identify inaccuracies.
  • Prepare necessary departmental and company-wide budgeting reports.
  • Review, analyze, and report actual profit margins.
  • Perform month-end and year-end closings with assistance.
  • Determine and recommend cost-effective solutions.
  • Provide product sample costs for Marketing and General Accounting.
  • Perform other related duties as assigned.
Requirements:
  • Excellent verbal and written communication skills.
  • Proficient in Microsoft Office Suite or related software as well as accounting software.
  • Thorough understanding of accounting procedures.
  • Thorough understanding of Generally Accepted Accounting Principles (GAAP).
  • Excellent analytical and organizational skills, with close attention to detail.
  • Ability to manage confidential information.
Education and Experience:
  • Bachelor's degree in Accounting or Business Administration required.
  • At least four years' experience in cost accounting required.
  • Experience with ERP cost accounting systems required.
  • CMA or CPA certification a plus.
Physical Requirements:
  • Prolonged periods sitting at a desk and working on a computer.
  • Must be able to lift up to 15 pounds at times.

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