What are the responsibilities and job description for the Associate Cost Accountant position at Cooper Standard?
Position Summary:
The Associate Cost Accountant is responsible for overseeing, analyzing, and validating cost expenditures and reduction initiatives within the plant. Review manufacturing process activities; record and validate data; make recommendations about cost-efficient and financially feasible cost options.
Primary Responsibilities:
- Analyze manufacturing activities and document/validate changes in process to determine what effect it has on the cost
- Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs
- Provide management with reports that specify and compare factors that affect product profitability
- Work with CI/process teams to drive continuous improvement
- Analyze and recommend cost and cost savings
- Monitor the inventory cycle count adjustments – Analysis of scrap by product line
- Prepare and complete internal cost audits according to GAAP
- Maintain accuracy in the (SAP/ERP) systems
- Participate in ME closing and prepare all type of Journal entries as needed
- Cost savings from improvement initiatives
- Speed and accuracy of plant profitability drivers
- Accuracy in cycle count adjustments –
- Plant performance leading indicators
- Accuracy in program profitability (Burden model)
- Participate in ad hoc initiatives and duties as required to meet organizational goals
Education and Qualifications:
- Bachelor’s degree in accounting or equivalent work experience; CPA or MBA preferred
- 2 years of cost accounting experience preferred
- Knowledge of SAP
- Knowledgeable on statistics
- Meet key competencies for the job
- Proficient in using Microsoft Office suite
- Analytical thinker with strong conceptual and problem-solving skills
- Meticulous attention to detail with strong organizational skills
- Ability to meet strict deadlines
- Ability to work independently and as part of a team
- Ability to understand the manufacturing process
- Excellent report-writing, communication and IT skills
- Good understanding of costing principles and systems
Work Environment/Work Conditions:
- Professional Office Environment
- Must wear proper personal protection equipment while on manufacturing floor
- Travel to manufacturing facilities or customer locations when required
- Equipment used requires proper training on the potential for and avoidance of injury
Cooper Standard is proud of its diverse workforce and committed to providing equal employment opportunities to applicants and employees without regard to race, color, religion, sex, national origin, genetic information, physical or mental disability, age, veteran or military status, or any other characteristic protected by applicable law. We are dedicated to creating an environment at work that not only values diversity but also encourages inclusion and a sense of belonging. We firmly believe that a diverse workplace fosters an environment where our employees can flourish and provide superior service to our customers.
Because we recognize and value the range of ways in which people acquire experiences, whether via personal, professional, education, or volunteerism, we invite interested applicants to evaluate the key duties and requirements and apply for any opportunities that fit your experience and qualifications.
Applicants with disabilities may be entitled to reasonable accommodations under the Americans with Disabilities Act, as well as certain state and/or local laws. If you believe you require such assistance to complete our online application or to participate in an interview, you (or someone on your behalf) may request assistance by emailing recruitment@cooperstandard.com with a description of the accommodation you seek. Application materials submitted to this email address will not be considered.
Cooper Standard is an Equal Employment Opportunity employer. All qualified applicants/employees will receive consideration for employment without regard to that individual’s age, race, color, religion or creed, national origin or ancestry, sex (including pregnancy), sexual orientation, gender, gender identity, physical or mental disability, veteran status, genetic information, ethnicity, citizenship, or any other characteristic protected by law. Please note that Cooper Standard maintains a list of preferred recruiting agencies and only members of our Talent Acquisition Department have the authority to engage and authorize recruiting services. We also do not seek or accept unsolicited resumes from third party recruiters or staffing agencies. Any unsolicited resumes sent to Cooper Standard will be considered unencumbered and free from any charge whatsoever.
