Cost Accountant

Job Summary

The Cost Accountant will work directly with the Controller and VP of Finance to execute a range of financial activities for the organization including responsibilities in multiple areas of Accounting and Finance. Responsibilities include examining, recording, and summarizing costs, including products and services. Additionally, tracking and managing costs of goods manufactured, inventory and fixed goods to help improve business decisions and financial plans. The role will maintain financial records in conformance with IRS rules and GAAP accounting. The position is located in Springboro, OH, with results reported to the corporate office in Lake Orion, MI.

Responsibilities

• Perform detailed analysis on inventory costs to assist in the development of standard costs and understanding of inventory variances. Financial job cost management within the ERP system (Plex).
• Assist with the month-end closing process: preparing closing journal entries and account reconciliations, conducting research, and making corrections to journal entries for account discrepancies.
• Assist with cycle count and annual physical inventory counts, investigate variances and adjustments.
• Review and monitor Bill of Material costs and fluctuations.
• Calculate, review, and monitor labor and overhead rates.
• Assist logistics and purchasing in the analysis of freight when determining landed cost.
• Work with cross functional teams in multiple departments to assist the accounting team with shipping, receiving and inventory questions.
• Perform account analysis and reconciliation on a variety of accounts on the balance sheets and income statements such as Inventory, Tangible Fixed Assets, Purchase Price Variance (PPV), freight, depreciation.
• Assist with fixed asset ledger, including preparation of journal entries and depreciation schedules.
• Identifying fixed assets, such as buildings, land, vehicles, and machinery, and recording their acquisition, adjustments, and transfers.
• Accounting for fixed assets, including depreciation, and reporting on their status.
• Reconciling fixed asset accounting systems to general ledgers and reconciling year-end inventories.
• Analyzing and reporting on capital expenditures and supporting annual financial audits.
• Maintaining fixed asset records and systems, and developing processes to support them.
• Assistance with budget preparation and analysis.
• Assistance with various external audit and due diligence responsibilities, including pulling support and interfacing with third party auditors and/or regulators. Support all ISO standards and activities.
• Adhere to federal and state regulations.
• Adhere to all company policies, processes, and procedures.
• Performs other duties as requested, directed, or assigned.
• Predictable and reliable attendance.

Position Qualifications

• Bachelor’s Degree in Accounting / Finance or related field, or equivalent experience.
• Minimum five (5) years of Accounting / Finance related experience.
• Minimum two (2) years of experience performing job costing (preferred).
• Minimum one (1) year of experience performing fixed asset management (preferred).
• CPA or CMA license (preferred).
• Strong analytical, communication, organizational, and problem-solving skills. Be able to work well independently and as part of a team.
• Experience with an ERP (Plex software preferred).
• Experience in a production or manufacturing environment.

Key Competencies

• Decision Making & Analysis: Makes sound decisions based upon a mixture of data-driven analysis, expertise, experience, and judgment; collects relevant information, seeks input from others, and identifies connections and/or root causes of problems.
• Continual Improvement: Displays a consistent orientation toward producing the highest quality products or services, while keeping a focus on sustainability. Constantly looking for incremental improvements in work processes and results.
• Takes Initiative: Exhibits strong drive for results and success; conveys a sense of urgency and drives issues to closure; persists despite obstacles and opposition.
• Delivers Results: Achievement-oriented, feeling a sense of urgency to reach goals on time, if not before.
• Teamwork: Works cooperatively with others to accomplish team goals and organizational objectives.
• Mission, Vision, Values, and Strategic Priorities Focused: Understands and actively supports the organization’s mission, vision, values, and strategic priorities.

Physical Requirements / Working Conditions

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.

• Prolonged periods sitting at a desk and working on a computer.
• Constantly operates a computer and other office equipment.
• Ability to adjust focus, especially due to concentration on a computer screen.
• May need to lift and carry up to 30 pounds and/or position the body to reach items on the floor/below knee level or reach overhead.
• The person in this position needs to occasionally move about in industrial environments and on uneven terrain.
• Works in a temperature-controlled office environment, with occasional work in outdoor weather conditions, and in industrial environments.
• Work primarily on-site in Springboro, Ohio with occasional travel to Lake Orion, Michigan.
• Ability to successfully complete position specific pre-placement requirements.

Why Join Us

American Battery Solutions (ABS) provides comprehensive 100% employer paid benefit plans to employees and their family, competitive salary and retirement program. ABS employs a diverse and inclusive workforce.

Benefits Overview

• Paid time off includes 4 weeks, 15 holidays, and parental leave.
• 100% company-paid medical, dental, vision, short-term disability, long-term disability, and life insurance.
• Flexible Spending Account (FSA) and Health Savings Account (HSA) offerings.
• Company provided 401K savings plan with immediately vested matching contributions to help you save for retirement.
• Voluntary benefits offerings.
• Tuition assistance.
• Employee Referral Program.
• Employee development and career growth opportunities.

About Us

American Battery Solutions Inc. (“ABS”) is a manufacturer of advanced batteries for commercial, fleet, and industrial on- and off-road vehicles. Located in the heart of the U.S. automotive region with facilities in Michigan and Ohio. In 2023, ABS was acquired by Komatsu, a world leader in construction, mining, forestry, and industrial heavy equipment in support of Komatsu’s 2050 carbon neutrality goal. ABS continues to operate as an independent entity serving Komatsu applications while continuing to expand and grow our core commercial, fleet and industrial business.

As we have grown, ABS has assembled a world-class team of dedicated and experienced engineers. This team is equipped with a deep understanding of high-voltage, automotive-grade battery systems from concept development and prototyping, to testing and validation, to high-volume production. We pride ourselves on developing a diverse team of next generation battery experts.

The Location – Springboro, OH

American Battery Solutions Advanced Battery Manufacturing Center is located in beautiful and historic Springboro Ohio. Life in Springboro is all about the quality and character of our community and that is why Springboro continues to be a top-ten-rated City to live, work, play, and raise a family. In fact, Springboro was rated #3 among the top 10 communities in greater Southwest Ohio. In essence, Springboro appeals to everyone from young families to people looking for the perfect place to retire. Our great neighborhoods, excellent schools, safety, services, and amenities all contribute to Springboro’s exceptional quality of life. Springboro offers a variety of public programming that includes outdoor concerts, festivals, and fireworks. Our residents enjoy bike and walking trails, an 18-hole public golf course, a charming and vibrant historic district, and 501 acres of parks.

AMERICAN BATTERY SOLUTIONS IS AN EQUAL OPPORTUNITY EMPLOYER.