What are the responsibilities and job description for the Cost Accountant/Mfg Financial Analyst position at Seyer Industries Inc.?
We are looking for a Cost Accountant to join our team!
WE OFFER GREAT BENEFITS!
- A trimester (four-month period) monetary incentive based on meeting standard operating margin and inventory turn goals while meeting delivery and quality commitments.
- Start accruing vacation from day one! Accrued each pay period, you will receive 80 hours of paid time off in your first year. Begin accruing three weeks of vacation upon three years of service.
- Anniversary paid day off awarded each year.
- Nine (9) paid holidays, including the day after Thanksgiving, Christmas Eve, and New Year's Eve.
- Complete benefits package including Health, Dental, Vision, and Voluntary Life.
- Benefits Paid 100% by Seyer Industries: HealthiestYou (Teledoc services), Basic Life Insurance, Accidental Death and Dismemberment, Employer Assistance Program (EAP), Short-term and Long-term disability, and Parental Leave.
- 401(k) with employer match - Seyer Industries will match 100% of the first 3% of pay you contribute to the plan; plus 50% of next 2% contributed.
Working at Seyer Industries isn't like working at other manufacturing companies. Our commitment to employee engagement, collaborative spirit, emphasis on achieving results, dedication to continuous improvement, and high expectations offer a different culture. At Seyer Industries, our annual average turnover rate is mind-blowingly low at under 7% (the industry average is 40%). And there is a good reason why our average tenure is 9 years - people that come to work at Seyer Industries end up staying.
Make that change. Come grow with us. Find your home with Seyer Industries.
ARE YOU A GOOD FIT?
Do you take pride in your excellent analytical skills, ability to interpret complex financial data and provide actionable insights, detail-oriented approach, commitment to accuracy, and proactive mindset toward problem-solving? We would like to reward you for that.
Apply now and join our team!
ABOUT SEYER INDUSTRIES
Founded in 1957, Seyer Industries is a small business located in St. Peters, Missouri, specializing in high-complexity machined parts and assemblies for the aerospace and maritime industries. Seyer is a turnkey supplier with extensive capabilities, including CNC machining, design engineering, mechanical assembly, chemical processing, painting, kitting, welding, and NADCAP-certified penetrant and magnetic particle inspection. Our team is comprised of individuals proudly committed to the objectives of quality and productivity.
INTERESTED IN LEARNING MORE ABOUT THE JOB?
Principle Responsibilities:
- Perform cost analysis and cost accounting activities for manufacturing jobs and customer programs ensuring adherence to budgetary guidelines and financial forecasts.
- Monitor and analyze production costs, including direct labor, materials, overhead, and other expenses related to manufacturing processes.
- Collaborate with cross-functional teams to review project budgets, variances, and cost projections, providing insightful analysis and recommendations to optimize operational efficiency.
- Determine and monitor the valuation of inventory using appropriate costing methods
- Record and reconcile inventory transactions in ERP.
- Perform monthly and annual inventory reconciliations.
- Investigate and resolve discrepancies between physical inventory counts and system records.
- Analyze cycle count results and implement corrective actions to address discrepancies.
- Prepare detailed inventory reports, including inventory aging, turnover rates, and valuation summaries.
- Provide inventory-related data and analysis for financial statements and management reports.
- Coordinate and oversee the annual physical inventory count.
- Assist in internal and external audits related to inventory.
- Provide necessary documentation and explanations for inventory audit inquiries.
- Prepare monthly, quarterly, and annual financial reports related to manufacturing costs, ensuring accuracy and compliance with regulatory requirements.
- Develop and maintain cost standards for new and existing products, incorporating relevant data to support pricing strategies and profitability analysis.
- Conduct regular audits of cost accounting records and procedures to identify areas for improvement and implement corrective actions as needed.
- Support financial planning and forecasting activities by providing cost-related insights and participating in budget planning processes.
- Stay abreast of industry trends, regulations, and best practices in aerospace manufacturing cost accounting to enhance departmental effectiveness and efficiency.
- Actively develop and promote continuous improvement initiatives.
- Perform other duties and responsibilities as necessary to assure the overall success of the financial organization.
Requirements:
- Bachelor's degree in Accounting, Finance or related field with advanced training in Accounting and Inventory Management
- Minimum 5 years of cost accounting, preferably within aerospace manufacturing industry.
- Significant experience working with financial aspects of inventory management.
- Strong understanding of accounting principles (U.S. GAAP), financial analysis, and reporting standards.
- Proficiency in ERP systems required; Epicor Kinetic preferred.
- Advanced proficiency with Microsoft Excel for data analysis and reporting.
- Preference given to candidate with FAR cost accounting standards experience.
- Excellent analytical skills with the ability to interpret complex financial data and provide actionable insights.
- Ability to manage multiple tasks, prioritize objectives and duties, and to adapt to shifting priorities
- Team-oriented, self-motivated, enthusiastic about role.
- Effective communication skills with the ability to collaborate across different functional teams and present findings to senior management.
- Detail-oriented approach with a commitment to accuracy and a proactive mindset toward problem-solving.
- Ability to work under pressure and meet tight deadlines in a fast-paced environment.
Training, Skills, Knowledge and/or Experience:
- Aerospace Operations (P)
- Operational Excellence (P)
- Project Management (P)
- Change Management (P)
- Communication (R)
- Problem Solving (R)
All job offers are contingent on the successful completion of a pre-employment drug test and background check.
EOE disability/veteran - We are an Equal Opportunity Employer and do not discriminate. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.