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Cost Accounting Supervisor

2 months ago


New Britain, Connecticut, United States Polamer Precision, Inc. Full time

Position:
Senior Cost Accountant

Employee Type:
Full-Time (1st Shift)

Key Responsibilities:
The Senior Cost Accountant is responsible for the strategic planning, organization, and oversight of inventory management and accounting functions within the designated facility. This role includes reporting operational outcomes and spearheading the budgeting and financial analysis processes for the plant.

- Direct all cost accounting operations for the facility, ensuring the maintenance of precise financial records and robust internal control systems.
- Manage standard cost calculations while collaborating with plant personnel to guarantee accurate bill of materials (BOM) and routing maintenance.
- Conduct thorough analyses and evaluations of BOMs for precision and validity.
- Assess all engineering modifications for their effects on BOM, material costs, and profit margins.
- Assist in generating monthly and periodic financial analyses, including variance assessments and management reporting.
- Enhance the financial performance of the plant by analyzing actual results against forecasts, identifying trends, and recommending profitable strategies.
- Execute specific month-end closing activities related to inventory and cost management.
- Support general accounting tasks for the business unit, including balance sheet reconciliations, intercompany transactions, monthly financial reporting, and necessary journal entries.
- Provide regular analytical insights and schedules to plant management and other departments.
- Aid in the preparation of detailed monthly inventory reserve reports and collaborate with plant leadership to ensure the accuracy of inventory reporting.
- Prepare cost and projection analyses for new business ventures and existing client relationships, including pricing strategies for new projects and maintaining pricing for ongoing business.
- Take a proactive role in planning, executing, and documenting inventory counts and controls alongside the plant's operational leadership.
- Collaborate with IT to ensure the provision of accurate and timely business data.
- Undertake special projects to support various Operational Excellence initiatives aimed at controlling costs, enhancing profitability, and improving cash flow and efficiency within the plant.

Qualifications:
- Bachelor's degree in Accounting or Finance.
- Minimum of 2 years of experience in finance or manufacturing operations.
- Proficient in Microsoft Excel and PowerPoint.
- At least 5 years of experience in a manufacturing setting.
- Strong interpersonal skills with the ability to engage effectively with individuals at all organizational levels.
- Excellent verbal and written communication skills, with a strong team-oriented approach.
- Experience with Plex ERP is preferred.

Benefits:
- Comprehensive medical insurance plans, including dental and vision coverage.
- Company-sponsored insurance packages, including life insurance and short- and long-term disability.
- 401k plan and HRA funding.
- Company-provided apparel with dry cleaning services.
- Safety shoe vouchers.
- Paid time off, holidays, and floating holidays to support a diverse work environment.
- Employee Assistance Program.
- Tuition reimbursement and continued education opportunities.
- Company-sponsored job training.
- Family leave and employee discounts.
- On-site Micro Market.
- Company-sponsored family events and holiday celebrations.

ABOUT US:
Polamer Precision Inc. is a leading global aerospace manufacturing firm specializing in intricate aerospace engine components for high-demand applications. We partner with clients to address challenges in engineering and production. Our approach to aerospace manufacturing sets us apart from other industry players, as we are committed to innovation and excellence.

Our focus on leveraging technological advancements while empowering our workforce with state-of-the-art tools enables us to compete effectively on a global scale. We continuously strive to enhance every facet of aerospace manufacturing, whether through the installation of renewable energy solutions or the acquisition of cutting-edge technology.

Our relentless pursuit of innovation is central to our principles, and we have experienced remarkable growth year after year, currently employing over 170 individuals and managing a substantial backlog of business opportunities.

TO LEARN MORE ABOUT POLAMER PRECISION VISIT:


The above statements are intended to describe the general nature and level of work being performed by the individual(s) assigned to this position. Management reserves the right to modify, add, or remove duties and to assign other duties as necessary. They are not intended to be an exhaustive list of all duties, responsibilities, and skills required. Polamer Precision, Inc. is proud to be an Equal Opportunity/Affirmative Action Employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.

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