Senior Cost Accountant

1 month ago


New Albany, United States New Albany, Mississippi Full time

Job title

Senior Cost Accounttant

Reports to

Chief Financial Officer

Level

Level 3 ??? First Level Management

Status

Salary / Exempt

JOB DESCRIPTION

Job purpose

The Senior Cost Accountant is responsible for general ledger accountability, inventory reporting, as well as overhead and import factory reporting.

Duties and responsibilities

  • Prepare monthly inventory reconciliations and valuation ??? including direct cost (factory or BOM), related freight, labor, and overhead.
  • Responsible for ensuring in-transit inventory is accurately reported.
  • Monitor and value quality control inventory.
  • Monitor inventory transactions for reasonableness and research unusual activity.
  • Responsible for inventory and overhead general ledger accounts.
  • Responsible for analysis of overhead related expenses and allocating costs incurred proportionally between import and manufactured expense accounts.
  • Responsible for calculating the appropriate capitalization rates for labor, overhead, and freight.
  • Prepare monthly account reconciliations.
  • Monitor and reconcile cost of goods sold accounts.
  • Monitor and record production values.
  • Responsible for identifying obsolete inventory and maintaining appropriate reserve values.
  • Responsible for rolling the processing month after each month closes.
  • Maintain current cost of raw materials and finished goods in the system.
  • Ensure timely preparation and distribution of monthly reports to internal personnel.
  • Analyze costs associated with domestic suites and apply appropriate factors for pricing calculation.
  • Assist with annual physical inventory count process.
  • Work with external auditors at yearend to provide necessary documentation and reports.
  • Assist with bank audits and inventory appraisals providing support, documentation and reports.
  • G/L System Maintenance
  • Ability to manage competing priorities.
  • Conscientious about timeliness of assignments and quality of work product.
  • Ability to adapt quickly and learn new tasks independently.
  • Ability to follow internal controls.
  • Establish new and enforce existing procedures and internal controls.
  • All other job-related duties as assigned.






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