Sr Cost Accountant

Sr. Cost Accountant

Reports to: Senior Finance Manager

Department: Finance

Pay Rate: $95,000 - $115,000 depending on experience/qualifications

Job Summary:

This position exists to provide analytical support for all activities and processes of the Bal Seal Leadership Team. Key processes include monthly close, monthly financial forecasts, annual operating plans, and compliance matters. Responsibilities also include: analysis and evaluation of the Plant's monthly operating results, annual budgets, monthly production and financial forecasts, and weekly results reporting. Provide analytical support including but not limited to customer profitability analysis and pricing etc.

Essential Duties and Responsibilities:

• Deliver accurate and timely financial projections, forecasts, and analysis of relevant financial and operational information as required for the leadership team
• Maintains and updates cost database
• Develop systems/procedures for cost accounting and accumulation systems
• Determines fixed costs: salaries, rent, insurance
• Predicts, plans, and records variable costs such as purchases of raw material, labor, operation costs
• Reviews and analyzes actual costs to identify inaccuracies
• Reviews, analyzes and reports actual profit margins
• Determines and recommends cost-effective solutions
• Responsible for the COGS ensuring that accurate costing is applied in manufacturing based on the standard costing methodology
• Analyze and report on variances against standard costing; partner with manufacturing and engineering management to review results and take corrective actions
• Review of month end results: P&L, Gross Margin, including variance analysis
• Ad hoc financial analysis of financial and operating metrics to support business requirements
• Support Operations with Continuous Improvement (CI) initiatives and Appropriation Requests (AR) for capital spending.
• Open to assist in ad hoc assignments and support on general Finance tasks and Pricing tasks
• Perform other related duties as assigned

Education:

• Bachelor's degree in Accounting, Finance, Mathematics or equivalent

Experience:

• Minimum 3 years in an Accounting/ Finance role with 2 years in a manufacturing environment with strong emphasis on standard costing
• Experience in Pricing as Pricing specialist/analyst would be preferred but not required

Knowledge, Skills and Abilities:

• Highly Proficient in Excel, PowerPoint, and other Microsoft Office Suite tools.
• ERP systems experience required; Oracle – JD Edwards, Hubble preferred
• Quick learner with can do mentality
• Must be able to promote and work in a highly collaborative environment
• Excellent verbal and written communication skills
• Excellent analytical and organizational skills, with close attention to detail
• Ability to manage confidential information

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer
• While performing the duties of this job, the employee is regularly required to sit, walk, and handle documents and products
• The employee will frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
• Occasionally will need to bend, stoop and squat

Work Environment:

• The work environment conditions are typical of a manufacturing environment. Reasonable accommodations may be made to enable individuals with disabilities to perform the basic functions. The noise level in the work environment ranges from quiet to moderate, however, hearing protection may be required if employee enters high noise areas as a part of their normal job duties.

Kaman is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other protected characteristics protected by law. Kaman and all its related companies fully endorse equal opportunity for all.

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Notice Requirement: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.