What are the responsibilities and job description for the Senior Cost Accountant position at Rylem Staffing?
Cost Accountant
Hybrid
Position Summary:
We are seeking a highly detail-oriented and analytical Senior Cost Accountant to join our finance team. The Senior Cost Accountant will be responsible for collecting, analyzing, and reporting on cost data to support strategic decision-making. This role will play a key part in improving cost efficiency, enhancing financial transparency, and supporting inventory and production management.
Key Responsibilities:
- Analyze and monitor costs of goods sold (COGS), labor, overhead, and variances.
- Prepare cost estimates, budgets, and forecasts for manufacturing, production, and procurement departments.
- Conduct inventory valuations, reconciliations, and cycle counts; ensure accuracy in inventory reporting.
- Work closely with operations and supply chain to provide insights on cost trends and performance.
- Maintain and improve standard costing system, including BOMs (Bill of Materials) and routings.
- Support month-end and year-end close processes related to inventory and cost accounting.
- Identify and recommend cost-effective solutions to improve profitability and process efficiency.
- Assist with internal and external audits by providing cost-related documentation and analysis.
- Ensure compliance with GAAP, company policies, and internal controls related to cost accounting.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field (CPA or CMA is a plus).
- 3 years of experience in cost accounting - Experience in construction, security systems, or service-based project accounting preferred.
- Strong knowledge of costing methods, standard cost systems, and inventory accounting.
- Proficiency in Excel and experience with ERP systems (e.g., SAP, NetSuite, Oracle, ServiceTitan, etc.).
- Strong knowledge of Percentage-of-Completion (PoC) and Work-in-Progress (WIP) accounting.
- Excellent analytical, organizational, and problem-solving skills.
- Strong attention to detail with the ability to work independently and meet deadlines.
- Ability to effectively communicate financial information to non-financial stakeholders.
Salary : $70,000 - $80,000