What are the responsibilities and job description for the Cost Accountant position at Envases Commerce, LLC?
We are looking for an experienced Cost Accountant to perform routine cost accounting functions such as ledger/account maintenance, cost analysis, capital expenditure monitoring, reconciliation, posting, inventory control and reporting. Prepares financial analysis on data extracted from a variety of sources and report findings.
ESSENTIAL JOB FUNCTIONS:
- Perform cost-accounting activities covering material and production costs, costs of sales, product development, overhead and others
- Compares actual costs to estimates and analyzes variances
- Analyzes and monitors raw material inventory
- Perform analysis on product cost, variance & productivity efficiencies, inventory & COGS while providing recommendations to management highlighting opportunities and/or risks
- Maintain inventory system with an emphasis on system integrity and standardization
- Analyzes and costs manufacturing work orders following company’s costing system
- Perform analysis of assigned activities & develop new reporting and analytical tools to improve the efficiency and effectiveness of the plant’s performance
- Identify and drive cost reductions, working capital opportunities and manufacturing productivity improvements.
- Present data and financial information in a clear and concise manner to management
- Work with large amount of data and complex bills of material, collaborating with engineering, operations, and operations support
- Assist Assistant Controller in preparing monthly journal entries
- Analyses actual manufacturing costs and prepares periodic report comparing budget cost to actual production cost, this includes product margin reporting and analytics
- Assist in the month-end closing process including reconciling balance sheet and account
- Perform periodic internal audits and physical count of inventory as needed
- General knowledge of purchasing policies, processes, and procedures
- Ensure that spending is recorded accurately in the books. Invoices are coded to the correct nominal/cost center and project. This will ensure that variance generated are a true reflection of current financial position
- Assist in preparation of annual budget and forecasts
- Analyze Capex for the Company and ensure that capex stays within budgeted targets. Provides analysis each month showing variance against budget and latest forecast
