What are the responsibilities and job description for the Cost Accountant position at Faxon Machining?
Cost Accountant
PURPOSE: The Cost Accountant position is for ensuring timely and accurate program cost reporting for the organization.
DUTIES/RESPONSIBILITIES:
- Compiles financial information to prepare entries to accounts, such as general ledger accounts, documenting business transactions, and completes corresponding reconciliations.
- Assists with preparation of monthly and annual budgets
- Work with the operations team to ensure complete and accurate inventory transactions.
- Coordinate with Program Managers to help them analyze and understand their cost variances.
- Communicates with external auditors and satisfies their requests for information.
- Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports
- Ensures that all deadlines are met in accordance with the closing dates set by management.
REQUIREMENTS:
- Bachelor’s degree in Accounting
- 1-2 years hands-on experience in a cost accounting or manufacturing accounting role
- Proficient knowledge of Microsoft Office – Intermediate level Excel user with ability to create formulas (v-lookups a plus)
- Able to work with a minimum of supervision while understanding the necessity for communicating and coordinating work efforts with other employees and organizations
- Strong work ethic and emphasis on attention to details
- Analytical problem-solving ability
- Effective organizational skills
- Ability to establish priorities and multi-task
- Ability to work well under pressure and within short deadlines
- Working knowledge of Accounting Software – E2 a plus
WORK ENVIRONMENT:
This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.
PHYSICAL REQUIREMENTS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
This is largely a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand as necessary.
HEALTH AND SAFETY:
- Work in compliance with the Occupational Health and Safety Act and regulations.
- Follow Company safety rules.
- Report the absence of or defect in any protective equipment or clothing to the Supervisor or Manager immediately.
- Maintain a clean and safe work area.
PERSONAL PROTECTION REQUIREMENTS:
Use or wear the equipment, protective devices or clothing that is required to be used or worn
(When applicable to work environment):
- Safety shoes
- Safety glasses