Cost Accounting Specialist

2 months ago


Minneapolis, Minnesota, United States Detector Electronics LLC Full time
Job Overview

Detector Electronics LLC:

As a prominent entity in the field of fire detection and suppression, Detector Electronics LLC operates on a global scale, ensuring safety and efficiency across various high-risk sectors. Our dedicated team is committed to delivering innovative solutions that enhance safety in critical environments.

Position Summary
We are looking for a detail-oriented and results-driven Cost Accounting Analyst to oversee financial and cost accounting functions. This role is crucial in managing operational activities and ensuring accurate accounting practices within our manufacturing sites. The successful candidate will be responsible for conducting reconciliations, balance sheet reviews, and executing complex accounting tasks.

Key Responsibilities

  • Manage and execute annual costing and inventory processes.
  • Maintain standard inventory costs within the ERP system, identifying and addressing any discrepancies.
  • Oversee monthly and quarterly closing procedures, ensuring all entries are accurately recorded.
  • Conduct reconciliations and balance sheet assessments.
  • Support the calculation of excess and obsolete inventory on a quarterly basis.
  • Participate in the annual physical inventory reconciliation.
  • Ensure sub-ledgers are reconciled with general ledgers.
  • Collaborate with business partners and assist with external audits.
  • Implement and maintain robust internal controls.
  • Engage in various ad-hoc projects as required.

Qualifications

  • Bachelor's or Master's degree in Finance or Accounting.
  • 3-5 years of relevant experience.
  • Strong understanding of Cost Accounting principles.
  • Self-motivated with the ability to work independently.
  • Excellent communication skills, both verbal and written.

Preferred Qualifications

  • MBA or CPA/CMA certification.
  • Familiarity with JD Edwards (JDE) and Hyperion Financial Management (HFM).
  • Experience with manufacturing cost systems.
  • Proficiency in MS Office applications (Excel, Word, PowerPoint).
  • Background in accounting within a manufacturing or operational context.


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