Cost Accountant
3 hours ago
Vaco is seeking an experienced Senior Cost Accountant to join our team. As a Senior Cost Accountant, you will be responsible for managing and optimizing our cost accounting processes, ensuring accurate cost analysis, and supporting decision-making to enhance the company's financial performance.
Key Responsibilities:- Develop, implement, and maintain cost accounting systems and procedures to accurately reflect manufacturing costs.
- Analyze production costs, identify cost-saving opportunities, and recommend improvements to enhance profitability.
- Conduct regular reviews of standard and actual costs, investigating variances and reporting findings.
- Oversee inventory valuation, ensuring accurate costing of raw materials, work-in-progress, and finished goods.
- Coordinate with the production team to monitor and manage inventory levels, reduce waste, and optimize stock usage.
- Prepare detailed cost analysis reports, including cost of goods sold (COGS), product margins, and manufacturing variances.
- Collaborate with the finance team to support budgeting and forecasting activities.
- Assist in month-end and year-end closing processes, ensuring accurate financial reporting.
- Utilize Microsoft D365 for accurate recording and tracking of manufacturing costs.
- Collaborate with IT and finance teams to optimize D365 functionalities related to cost accounting.
- Provide training and support to other team members on D365 cost accounting modules.
- Ensure compliance with company policies, accounting standards, and regulatory requirements.
- Support internal and external audits by providing necessary documentation and explanations.
Requirements:
- Bachelor's degree in Accounting, Finance, or a related field. CPA or CMA certification is a plus.
- Minimum of 5 years of experience in cost accounting within a manufacturing environment.
- Proficiency in Microsoft Dynamics 365 ERP software, particularly in cost accounting and financial modules.
- Advanced skills in Microsoft Excel and other financial analysis tools.
- Strong understanding of cost accounting principles, including standard costing, variance analysis, and overhead allocation.
- Familiarity with Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).
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