Senior Cost Accountant
2 months ago
Responsibilities:
• Conduct Cost Accounting journal entries for month-end close activities.
• Validate cost of goods sold and other manufacturing costs.
• Review financial statements for inaccuracies and inconsistencies.
• Generate key balance sheet account reconciliations monthly.
• Prepare variance analysis related to manufacturing costs, gross margins, inventory, and expenses.
• Review labor and overhead costs to update standards, as needed. Compare standard costs to actual production costs.
• Provide management with various monthly reports, such as comparing price and profitability by product line and/or by plant.
• Prepare financial reporting for internal and corporate customers.
• Review and validate cycle counting and physical inventories at various U.S. plant locations.
• Prepare and review FIFO, LCM, E& O calculations.
• Compile cost inputs for monthly forecasts and annual plan.
• Generate inventory rollforwards based on forecasted or planned estimates.
• Estimate new and proposed product costs using FIFO.
• Occasionally test and review of internal or key controls.
• Complete audit schedules required by external and internal auditors.• Possession of a Bachelors or Honours Degree in Accounting, Finance, or a related field
• At least 2 years of experience in cost accounting
• Demonstrated knowledge of Manufacturing Cost Accounting
• Proficiency in Standard Cost Accounting
• Experience with Inventory Valuation and Cost of Goods Sold (COGS)
• Understanding of FIFO (First In, First Out) principles
• Experience conducting Annual Inventory and Annual Physical Inventory
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Proficiency in using accounting software and Microsoft Office Suite
• Ability to work independently and as part of a team
• High level of integrity and dependability with a strong sense of urgency and results-orientation.
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