Senior Cost Accountant
1 week ago
Our client is in search of a diligent Senior Cost Accountant to join their team in the manufacturing sector, located near Plymouth, Minnesota. As a Senior Cost Accountant, you will be tasked with leading cost accounting functions, ensuring accurate inventory valuation, and collaborating with various teams to optimize inventory management and cost control.
Responsibilities:
• Lead the Cost Accounting function within the Enterprise Resource Planning (ERP) system to ensure accurate inventory valuation.
• Investigate, analyze, and report on transactions and manufacturing variances in compliance with Generally Accepted Accounting Principles (GAAP).
• Collaborate with manufacturing engineering to maintain the accuracy and reliability of Bill of Materials (BOMs) and routings.
• Prepare and analyze journal entries, account reconciliations, and reports for all inventory-related activities including material consumption, labor, and overhead.
• Perform settlement processes to cost inventory production.
• Analyze aged, obsolete, and excess inventory to establish reserves in accordance with corporate policy.
• Maintain fixed assets ledgers and monitor the status of capital projects to ensure proper accounting treatment.
• Support the month-end close process, including journal entries related to inventory and fixed assets.
• Collaborate with operation and supply chain teams to optimize inventory management and cost control.
• Assist with all audits and prepare monthly cost reports.
• Must possess a minimum of 5 years of experience in cost accounting
• Proficiency in ERP - Enterprise Resource Planning is essential
• Extensive knowledge and practical experience in Accounting Functions
• Demonstrated ability in Cost Accounting
• SAP expertise is a plus, need large ERP experience
• Bachelor's degree in Accounting, Finance, or related field is required
• Certified Public Accountant (CPA) or Certified Management Accountant (CMA) certification would be advantageous
• Strong analytical and problem-solving skills
• Excellent verbal and written communication skills
• Ability to work independently and as part of a team
• Proficiency in Microsoft Office Suite, particularly Excel
• High attention to detail and accuracy
• Ability to meet deadlines and manage multiple tasks simultaneously
• Strong ethical standards and high levels of integrity.
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