What are the responsibilities and job description for the Cost Accountant position at PALFINGER?
At PALFINGER, we have been lifting people and goods to a new level for over 90 years - with a pioneering and passionate spirit. As a global technology and engineering company, we are the world's leading manufacturer and supplier of innovative crane and lifting solutions. Our success is based on the tireless efforts of our approximately 12,700 employees, who contribute their ideas and energy to our vision. With us, you can expect a dynamic working environment full of opportunities for personal and professional development. Become part of our team and start your career at PALFINGER.
PALFINGER is seeking an experienced Cost Accountant to join the Palfinger Finance team for our Oklahoma City manufacturing facility. This position will be responsible for analyzing financial data to help manage costs, create sustainable budgets, and improve efficiency. Strong analytical skills as well as the ability to combine and present cost data are necessary. If you like contributing your talents, being rewarded for strong performance and enjoy the satisfaction of accomplishment, then we think you have found the right place to come and build a future.
Your Responsibilities
- Collecting and analyzing data to determine costs of business activity such as raw material purchases, inventory, and labor. Present cost savings insights to reduce waste and increase profitability.
- Analyzing actual manufacturing costs/variances and preparing periodic reports comparing standard costs to actual production costs.
- Recording and reconciling departmental costs for use in controlling expenditures.
- Providing management with reports specifying and comparing factors affecting prices and profitability of products or services
- Executing the periodic (monthly, quarterly, annual) financial close process with focus on inventory and cost of goods sold, including preparing and maintaining reporting schedules.
- Drive process improvements in cost accounting processes and data flows throughout the accounting department.
- Reconcile and report raw, WIP, and finished goods inventories.
- Support technical accounting issues related to the month end and quarter end financial close, ensure US GAAP principles and rules are properly adhered to.
- Executing key inventory and cost of goods sold process controls and ensure documentation of those controls adhere to audit requirements.
- Assisting in month end close of the general ledger, conduct physical inventories and monitors cycle count program.
Your Qualifications
- Bachelor’s degree in accounting or a related field with a minimum of 2 to 5 years Accounting in a Manufacturing Environment (preferably in Cost Accounting).
- Strong cost systems background and excellent analytical skills; sound understanding of accounting principles.
- Advance knowledge of mathematics and statistics.
- Strong MS Excel skills and familiarity with ERP systems, Outlook, Word, and PowerPoint.
- Experience with SAP, SQL and Power BI preferred.
- Experience working cross-functionally with engineering and manufacturing teams on development and analysis of cost standards.
- Ability to accurately prepare daily, weekly, monthly, quarterly, and annual reports and provide recommendations based on available data.
- Ability to perform risk and security assessments.
- In-depth knowledge of financial guidelines and regulations.
- Excellent written and oral communication skills with the ability to present to management.
- Excellent attention to detail.
What We Offer
- Competitive compensation.
- 401(k) with Company match.
- Medical, dental, vision, life, accidental death and dismemberment insurance, and short- and long-term disability (depending upon state). Wellness program offered.
- Paid Company holidays and paid Personal Time Off (PTO).
- Opportunity for continuous learning and career growth.
Environment of Respect, Integrity, Openness, Inclusion and Support
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.
Equal Opportunity Employer/Vet/Disabled
