What are the responsibilities and job description for the Senior Accountant position at SkyWater Search Partners?
- Job Tag:
- Posted: March 24,2025
Responsibilities
- Collaborate with operations teams to streamline processes and identify cost-saving opportunities through comprehensive reporting.
- Monitor profit margins and provide insightful analysis.
- Assess and update product costs regularly.
- Analyze aging inventory and determine potential write-offs.
- Track raw material expenses and evaluate price variances.
- Compare actual manufacturing costs to standard costs monthly, identifying discrepancies.
- Forecast material costs on a monthly and quarterly basis.
- Develop initiatives to minimize material, labor, and overhead cost variances.
- Improve cost forecasting accuracy and analyze deviations from expected results.
- Partner with procurement teams to optimize inventory management.
- Maintain up-to-date standard costs for parts.
- Analyze manufacturing costs and perform necessary journal entries for month-end close.
- Support month-end financial close by preparing journal entries and reconciling balance sheets.
- Assess the financial outcomes of engineering projects.
- Generate and deliver financial reports to Corporate Finance.
- Collect cost-related data to aid in budgeting.
- Prepare and file sales and use tax returns.
- Engage in continuous improvement initiatives.
- Undertake additional tasks as needed to support the department and company.
- High school diploma or GED required.
- Bachelor’s degree in accounting, finance, or a related field preferred.
- Minimum of 3 years' experience in cost accounting or similar roles, ideally in a lean manufacturing environment.
- CPA or CMA designation preferred.
- Competence in arithmetic operations, including whole numbers, fractions, decimals, and percentages.
- Ability to interpret numerical data using statistical methods.
- Understanding of basic algebra for equation manipulation and modeling scenarios.
- Proficiency in Microsoft Office Suite, particularly Excel, with knowledge of advanced functions (e.g., VLOOKUPs, pivot tables) and SharePoint.
- Familiarity with cost accounting standards and GAAP.
- Experience with ERP systems, SAP preferred.
- Excellent communication and interpersonal abilities.
- Capacity to work independently and collaboratively.
- Strong time management skills.
- Keen analytical skills with a meticulous attention to detail.
- Upholds ethical standards when handling sensitive financial information.
- Flexibility to work occasional weekends or evenings during month-end closing to meet business needs.