What are the responsibilities and job description for the Cost Accountant position at Accounting Now?
Primary Responsibilities
- Responsible for cost accounting of the US, Asian and Australian companies, in compliance with group guidelines and rules
- Prepare timely and relevant cost reports and variance analyses for functional managers
- Prepare and communicate monthly analysis of manufacturing variances, cost rates and recommend actions for improvement
- Partner with site operations to develop and review standard costs & product cost performance
- Ensure proper cost accounting & cost center allocations within the ERP system, maintaining and adjusting cost accounting based on changes in the business
- Analyze costs across the value chain to support cost-effective global sourcing decisions
- Review and evaluate capital budgeting and project proposals to ensure return on investment and sound investment decisions
- Preparation of monthly margin analysis for the production (US) and sales companies (Asia / Australia)
- Ensure intercompany account reconciliation between the US, Asian and Australian companies
- Independent development of ad-hoc analyses
- Ensure the optimization of reporting and adapting reporting to changes in the business
- Coordinating and supporting the budget and forecast process related to costs, margins and fixed assets
- Assist in identifying and driving best-in-class process improvement strategies for North American sites
- Work closely with functional leads to deliver continuous process improvements beyond the Finance department
Qualifications and Requirements