What are the responsibilities and job description for the Cost Accounting & Finance Manager position at Empower Associates?
A leading manufacturing company specializing in construction materials is currently seeking a talented and skilled candidate to join their growing finance team in a newly created role as a Cost Accounting & Finance Manager.
Job Summary:
The Cost Accounting & Finance Manager will report directly to the Chief Financial Officer (CFO) and will be responsible for managing all cost accounting functions, financial analysis, and budgetary control within our manufacturing operations. This role will play a critical part in providing accurate costing data, optimizing financial processes, and supporting strategic decision-making to improve profitability. Additionally, this position will support financial planning efforts, develop financial models, and present key financial insights to stakeholders.
Key Responsibilities:
- Oversee all cost accounting functions, including standard costing, variance analysis, and inventory valuation.
- Analyze manufacturing costs, identify cost reduction opportunities, and recommend improvements to enhance efficiency.
- Prepare and maintain detailed cost reports to support financial planning and decision-making.
- Lead monthly and annual financial closing processes related to cost accounting.
- Develop and monitor budgets, forecasts, and financial performance metrics.
- Ensure compliance with GAAP, internal controls, and company policies.
- Collaborate with cross-functional teams, including operations and supply chain, to improve cost management strategies.
- Conduct profitability analysis, including product costing, margin analysis, and pricing strategy recommendations.
- Support external audits and regulatory reporting as needed.
- Assist the CFO in strategic financial planning, including scenario analysis and long-term financial modeling.
- Develop and maintain complex financial models to support decision-making and business strategy.
- Prepare and present financial reports, cost analysis, and insights to key stakeholders, including executive leadership and board members.
- Provide financial guidance and recommendations to support business growth and operational efficiency.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field (CPA, CMA, or MBA preferred).
- 5 years of experience in cost accounting and financial management within a manufacturing environment.
- Strong understanding of standard and other costing method, inventory accounting, and variance analysis.
- Proficiency in ERP systems and advanced Excel skills.
- Experience in financial modeling and data analysis.
- Excellent analytical, problem-solving, and communication skills.
- Ability to work independently and collaboratively in a fast-paced environment.
Salary : $125,000 - $140,000
