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Cost Accountant Specialist

2 months ago

New York, New York, United States DHD Consulting Full time
Job Title: Cost Accountant

Job Summary:

We are seeking a highly skilled Cost Accountant to join our team at DHD Consulting. The successful candidate will be responsible for assisting in the preparation and execution of month-end closing procedures for the cost module, ensuring all cost-related transactions are accurately recorded and posted within the closing period.

Key Responsibilities:

  • Assist in the preparation and execution of month-end closing procedures for the cost module.
  • Ensure all cost-related transactions are accurately recorded and posted within the closing period.
  • Collaborate with production and purchasing departments to gather necessary information for the month-end close.
  • Communicate any discrepancies or issues identified during the closing process to relevant teams for resolution.
  • Maintain comprehensive documentation of all month-end closing activities and cost-related transactions.
  • Oversee the costing of inventory and production activities.
  • Assist in annual physical inventory count and external auditors' liaison and coordination.
  • Conduct regular inventory reconciliations and variance analysis.
  • Manage and update product costing in SAP, ensuring alignment with actual costs.
  • Maintain and update cost accounting systems and processes within SAP.
  • Perform detailed cost analysis and provide cost estimates for various projects.
  • Maintain and update standard cost models for products.
  • Support internal and external audit by providing necessary documentation and explanations related to cost accounting.

Requirements:

  • Bachelor's Degree in Accounting, Finance, or related field.
  • 2+ years of experience as a cost accountant.
  • Sound knowledge of GAAP/IFRS along with other accounting and cost control principles.
  • Strong communication (written and verbal) skills along with an analytical/technical mindset.
  • Ability to handle and prioritize multiple tasks while maintaining focus and attention to detail and properly handling confidential financial information.

Preferred Qualifications:

  • SAP CO Module Experience is a must (SAP NetWeaver).
  • Additional relevant SAP modules (FI, MM, and PP) is a plus.
  • Strong knowledge of cost accounting principles and practices.
  • Experience with account reconciliation and variance analysis.

Personal Attributes:

  • Ensures thoroughness in all tasks and projects.
  • Able to interpret and analyze data effectively.
  • Actively seeks opportunities to improve processes and outcomes.

About DHD Consulting:

DHD Consulting is a leading consulting firm providing expert services in cost accounting, financial analysis, and process improvement. We are committed to delivering high-quality solutions that meet the needs of our clients.