What are the responsibilities and job description for the Cost Accountant position at Brightpath Associates LLC?
Job Description
Financial Analyst / Cost Accountant II
SUMMARY
The Analyst/Accountant is responsible for cost accounting, material cost calculation and analysis, quoting and various financial reporting. This individual also participates in the forecast and budgeting process. This individual is also responsible for ad hoc projects as necessary. There is a potential for this to be a Senior Financial Analyst/Cost Accountant based upon skill and experience.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Collecting data to calculate, plan, forecast and/or analyze costs of business activity; including but not limited to: Raw materials, Labor, and Overhead Costs
Analyzing actual manufacturing costs and preparing periodic reports comparing standard budgeted costs to actual production costs
Recording cost information for use in controlling expenditures
Analyzing audits of costs and preparing reports
Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
Making estimates of new and proposed product costs
Prepare quotations for cost/pricing of large projects and analysis post close out
Providing management with reports specifying and comparing factors affecting prices and profitability of products or services
Maintaining Cost Accounting System and Databases
Assist with inventory valuation and reporting
Reconciliation of Perpetual Inventory to GL Inventory Balances
WIP and Finished Good Inventory Valuation
Excess and obsolescence Estimating and Analysis
Assist with Month end close of the General Ledger (with an emphasis on Inventory related entries)
Development and maintenance of standardized reporting databases
Data is used for internal performance reporting
Development and maintenance of standardized performance reporting
Prepare internal monthly performance charts
Prepare external Monthly Performance Review (MPR) charts
Compile project & product costs and analyze variances
Calculate/review/maintain pricing for both standard and Non-Standard product offerings
Work with Engineering to appropriately price product offerings and large projects
Review of Pricing periodically to inform management when changes may be necessary
Forecasting of future costs to determine pricing needed to achieve budget
Travel to manufacturing facilities on an as needed basis
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are respective of the knowledge, skill and/or ability required, but are not intended to be all- inclusive. Reasonable accommodations may be needed to enable individuals with disabilities to perform the essential functions.
EDUCATION AND EXPERIENCE
4 years of Relevant Experience
Cost Accounting Experience in a Manufacturing Environment (preferred)
Bachelors Degree in Accounting or Finance
Must have excellent analytical and problem-solving skills
Sound understanding of accounting principles
Strong Cost systems background (preferred)
Computer Literate – Strong Excel skills (advanced functions such as logical, lookup, reference and math functions required) and the ability to use Outlook and Word
Experience with Workwise ERP a plus
Experience working with engineering and manufacturing personnel on development and analysis of cost standards
