Senior Cost Accountant

2 days ago

Faribault, Minnesota, United States Inside Talent Full time
Senior Cost Accountant Job Description

Our client, a leader in power distribution equipment and related services, is seeking a Senior Cost Accountant to join their finance team. As a key member of the team, you will play a critical role in achieving the company's objectives.

Key Responsibilities:
  • Support accounting activities for site manufacturing operations, ensuring accurate costs, inventories, internal controls, and processes.
  • Facilitate inventory-related activities with the Inventory Control team, including analysis, reporting, cycle count activities, and inventory adjustments.
  • Partner with production teams to ensure job costing processes are defined, documented, and implemented.
  • Review all jobs daily, ensuring they are transacted accurately and timely.
  • Review material, labor, and overhead cost and variance trends, researching significant variances and taking appropriate actions.
  • Establish, maintain, and analyze labor and overhead rates in line with operational budgets and established production standards.
  • Partner with Engineering to analyze and update the Bill of Materials and Bill of Operations to ensure the ERP accurately reflects the current state.
  • Prepare and maintain standard adjusting journal entries with related support as relates to operational cost accounting and monthly inventory book to perpetual.
  • Assist with annual physical inventory observations across the enterprise.
  • Support ERP implementation efforts as sites deploy Epicor.
  • Partner cross-functionally to identify and implement process improvement projects and strategic initiatives for the enterprise.
  • Provide management with information vital to the decision-making process.
  • Perform monthly inventory account reconciliations.
Requirements:
  • Bachelor's degree with a concentration in Accounting or Finance.
  • Minimum of 7 years of progressive experience within accounting/finance with experience in manufacturing cost accounting.
  • Strong knowledge of accounting principles and procedures.
  • Proficient use of financial systems and Microsoft Office tools, including proficiency in Excel.
  • Excellent communication skills, with a bias towards collaboration and teamwork.
  • Analytical skills and attention to detail.

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