What are the responsibilities and job description for the Cost Accounting Manager position at Culp?
Position Summary : As the Cost Accounting Manager, you will lead our cost analysis, financial reporting and cost accounting initiatives for both divisions. This role will be responsible for overseeing inventory valuation, the annual standard cost revaluation process and handling all inventory related accounting support to ensure financial compliance. Additionally, this role will be critical in developing reporting and strong processes to improve cost accuracy and facilitate the item setup process, including providing product costs to the divisions to drive improved profitability and efficiency.
The ideal candidate has strong expertise in textile production cost structures, including raw materials, labor costs, supply chain expenses and factory overhead analysis. They will work closely with Divisional Leadership and their operations teams to drive cost efficiency and support strategic decision making.
Position Responsibilities :
Cost Accounting and Item Set Up
- Develop, implement and maintain cost accounting systems for accurate financial tracking
- Oversight of item setup in AS / 400 and providing accurate product costs to Divisions for pricing new programs
- Support cost scenario planning to support Divisional analysis for new opportunities and value engineering projects.
- Support budgeting and forecasting by providing raw material cost projections and reports to monitor and optimize labor costs, factory overhead and production efficiency.
- Facilitate annual standard cost revaluation process and any interim processes needed to ensure standard costs are accurate to support divisional profit objectives
Inventory Valuation and Management
Financial Reporting and Compliance
Cost Control and Process Improvement
Leadership and Collaboration
Essential Skills and Experience :
Education Requirements :
Positions Supervised :
