What are the responsibilities and job description for the Cost Accountant CBQ Specialist position at Carl Buddig & Company?
Job Summary:
We are seeking a highly skilled and experienced Cost Accountant to join our team as a CBQ Cost Accounting Professional. In this role, you will be responsible for analyzing past performance and current systems to develop new cost estimates for customer bids.
The successful candidate will have a strong background in financial modeling using Excel and experience with ERP systems, preferably Microsoft D365. They will also possess excellent communication skills, enabling them to distill complex financial information into a narrative that drives decision-making.
Duties and Responsibilities:
We are seeking a highly skilled and experienced Cost Accountant to join our team as a CBQ Cost Accounting Professional. In this role, you will be responsible for analyzing past performance and current systems to develop new cost estimates for customer bids.
The successful candidate will have a strong background in financial modeling using Excel and experience with ERP systems, preferably Microsoft D365. They will also possess excellent communication skills, enabling them to distill complex financial information into a narrative that drives decision-making.
Duties and Responsibilities:
- Establish Cost Accounting Processes: Design systems for tracking production costs (materials, labor, overhead) and ensure compliance in a Microsoft D365 environment.
- Inventory and Product Costing: Oversee inventory valuation methods, ensure accurate product costing, including direct and indirect costs, manage/oversee physical inventory counts, and reconcile with financial records.
- Cost Analysis & Reporting: Analyze costs, prepare variance reports, and provide insights to optimize profitability. Track and report standard versus actual costs to identify discrepancies and inefficiencies.
- Inventory Management: Implement controls, conduct inventory counts, understand purchasing, and identify cost-saving opportunities. Maintain integrity of Inventory.
- Budgeting & Forecasting: Support FP&A in budget creation, forecasts, cost analysis, movement of inventory, and understand purchasing.
- Customer Quotes: Support the development of cost estimates for customer quotes. Support pricing strategies by analyzing profit margins and cost structures.
