Cost Accountant

3 weeks ago


Setauket East Setauket, United States Instinct Full time
Position Summary: The Cost Accountant will have the primary responsibility for monitoring and analyzing the company’s cost accounting processes. This role involves collaborating with different departments to collect and analyze cost information, preparing reports, and providing recommendations to improve cost efficiency and financial performance. The successful candidate will have a strong understanding of financial statements, manufacturing processes, product structure and costing, ability to identify variances and outline the key drivers causing the variances, ability to communicate clearly and effectively to internal and external individuals, and advanced Excel skills. Primary Job Responsibilities Conduct detailed analyses of product costs, production costs, and overhead expenses. Analyze variances between actual and budgeted costs and provide explanations for discrepancies. Assist in the development of annual budgets and periodic forecasts related to production costs. Work with management to identify cost-saving opportunities and efficiency improvements. Establish and maintain standard costs for products, including materials, labor, and overhead. Review and update cost estimates for new products or changes in production processes. Prepare and analyze monthly, quarterly, and annual cost reports for management. Provide insightful financial analysis to support decision-making processes. Collaborate with cross-functional teams to implement process enhancements. Assist in internal and external audit activities related to cost accounting. Conduct ad hoc financial analyses and provide decision support to management. Respond to inquiries from internal stakeholders regarding cost-related matters. Assist with month end close process as related to co-pack activity. Maintain and update cost accounting system. Personal Attributes Attention to detail Strong analytical skills High comfort level working at a rapid pace Excellent communication and interpersonal skills (expressing ideas effectively) Ability to work collaboratively in a team-oriented environment Strong organization skills (ability to manage multiple projects) Strong follow-up skills Skills and Technical Expertise: Ability to identify variances and articulate key drivers Advanced Excel and computer skills Well developed understanding of manufacturing processes Strong knowledge of product costing structures Working knowledge of financial statements and how product costing flows through the accounting system Preferred Experience 5 years experience with accounting processes with a minimum of 3 years in a costing related responsibility Bachelor’s degree in Accounting or Finance Compensation and Benefits Highly competitive compensation package includes health and dental insurance, life and AD&D insurance, flexible spending accounts, health savings account, short and long-term disability, paid time off, Purpose Days off for company partner volunteer opportunities, and 401k with company match . Our Instinct is to  CHAMPION  Diversity At Instinct, we are as passionate about our people as we are about the pets we call family. We are committed to inclusion, empowerment, and respect. We believe that just like our pets, what sets us apart unleashes our greatest strengths. We thrive on the ability to not only empower people to transform the lives of pets through raw nutrition, but also to empower each other to inspire a culture that celebrates our differences. Our unique approach to pet food is what makes us who we are as a company, and our individual identities are what makes us a successful, innovative, authentic team.

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