What are the responsibilities and job description for the Cost Accountant position at Snelling?
31st January, 2025
SNELLING STAFFING HAS AN IMMEDIATE OPENING FOR A COST ACCOUNTANT AT OUR MANUFACTURING CLIENT LOCATED TROY. $70-85k, DIRECT HIRE
Position Summary
The Cost Accountant will play a crucial role in ensuring accurate financial reporting, managing cost control, and optimizing operational efficiency. The ideal candidate is skilled in analyzing financial data, understanding cost structures, and collaborating with cross-functional teams to support decision-making.
Primary Duties and Responsibilities
- Cost Analysis & Reporting : Analyze product costs, labor, and overhead to determine cost efficiency. Prepare detailed cost reports and variance analysis.
- Inventory Management : Monitor and evaluate inventory levels and costs. Perform periodic physical inventory audits and reconcile discrepancies.
- Budgeting & Forecasting : Assist in developing budgets and forecasts by providing accurate cost projections. Identify trends and areas for cost improvement.
- Standard Costing : Establish and maintain standard costs for products and services. Analyze variances and recommend corrective actions.
- Process Improvement : Identify and recommend process improvements to enhance cost control and operational efficiency.
- Compliance : Ensure compliance with all relevant accounting standards and company policies. Prepare documentation for audits.
- Collaboration : Work closely with production, procurement, and finance teams to provide insights and support strategic planning.
- Monthly Close : Prepare and analyze reconciliations, perform inter-company transactions, and participate in the monthly closing processes for the subsidiary.
Qualifications
Education / Experience Requirements
Skills & Competencies :
Salary : $70,000 - $85,000
