Sr. Accountant

Description

Job Summary:

We are seeking a highly motivated and detail-oriented Manufacturing Accountant with strong cost accounting and analytical skills to join our finance team. The ideal candidate will be responsible for managing the financial aspects of our manufacturing operations, providing accurate and timely cost data, and offering insightful analysis to support decision-making. The Manufacturing Accountant will work closely with various departments to monitor costs, identify inefficiencies, and help improve overall financial performance.

Key Responsibilities

• Cost Accounting Management:
• Oversee the preparation and analysis of manufacturing costs, including direct materials, labor, and overhead.
• Maintain cost records and update standard cost models for all products.
• Perform cost allocations and ensure cost accuracy for inventory, production, and finished goods.
• Work with production teams to monitor work-in-progress (WIP) and finished goods inventories.
• Financial Reporting:
• Prepare monthly, quarterly, and annual cost reports and variance analyses.
• Provide insights into cost performance, highlighting discrepancies between actual and budgeted expenses.
• Assist in the preparation of the annual budget and financial forecasts for manufacturing costs.
• Inventory Management:
• Support the physical inventory count and reconciliation process.
• Assist with the tracking and reporting of inventory levels, working closely with the supply chain and operations teams.
• Cost Analysis & Process Improvement:
• Analyze cost trends and identify areas for cost reduction or process improvement within the manufacturing operations.
• Recommend cost-saving initiatives and contribute to the implementation of cost optimization strategies.
• Provide financial analysis and support to management to improve operational efficiency and profitability.
• Audit & Compliance:
• Ensure that cost accounting processes comply with internal controls, company policies, and financial regulations.
• Assist in audits related to manufacturing costs, inventory, and financial reporting.
• Cross-Department Collaboration:
• Work closely with production, procurement, and engineering teams to understand manufacturing processes and cost drivers.
• Collaborate with other finance team members on projects to enhance financial reporting and forecasting accuracy.
  
  

Requirements

Qualifications:

• Education:
• Bachelor’s degree in Accounting, Finance, or related field.
• CPA, CMA, or similar certification preferred but not required.
• Experience:
• Minimum of 3 plus years of experience in cost accounting within a manufacturing environment.
• Strong knowledge of cost accounting principles, financial modeling, and financial analysis.
• Proficiency with ERP systems and advanced Excel skills (pivot tables, macros, data analysis).
• Skills:
• Strong analytical and problem-solving skills.
• Ability to analyze financial data and derive meaningful insights for management.