Cost Accountant

Scope of Role:

The Cost Accountant is an integral member of the site accounting team, responsible for various costing activities including maintaining labor and overhead rates, cost rollups, inventory valuations, posting inventory transactions (PIT), and inventory reconciliations in the ERP system. The Cost Accountant is responsible for variance analysis and maintaining accurate general ledger accounts related to inventory and inventory movement. The Cost Accountant provides meaningful input into various aspects of financial analysis, budgeting, forecasting and ad hoc analysis and reporting. Other duties may also be assigned as needed.

The ability to work independently under general supervision is important, as is the ability to establish positive working relationships with team members from all departments. Open communication is essential in

this role. This position reports directly to the Plant Controller. Many duties of the Cost Accounting role repeat on a daily, weekly or monthly basis. The Cost Accountant will be encouraged to cross-train on various accounting functions to help grow their career and add additional value to the company.

Essential Duties/Responsibilities:

• Standard Costing.
• Variance Analysis, including cost, price, margin, quantity, and transactional.
• Maintain Labor and Overhead rates.
• Gain understanding of ERP system and how it reflects processes on the manufacturing floor.
• Gain understanding of how inventory transactions affect perpetual inventory and general ledger.
• Review/reconcile inventory quantity and value.
• Perform cost roll-ups for new inventory items/Review for accuracy and reasonableness.
• Review and post inventory transactions (PIT).
• Month end closing processes related to inventory movement and valuation.
• Review and reconcile Slow Moving/Obsolete Goods (SMOG).
• GL account reconciliations related to inventory and inventory movements.
• Willingness to interact with team members from all departments--provide info/resolve concerns.
• Support/lead teams focused on gross margin improvement opportunities.
• Visit the manufacturing floor as needed.
• Willingness to cross train on other accounting functions.
• Various ad hoc analysis.
• Other responsibilities as needed.

Qualifications:

• 2 years accounting experience in a manufacturing environment, focus on cost preferred.
• Minimum, Bachelor’s degree in accounting or related field.
• Certifications, CMA/CPA a plus.
• Experience with ERP systems.
• Proficient in MS Office Suite with advanced computer skills in Excel.
• Strong attention to detail.
• Strong understanding of inventory valuation and related impacts on financial statements.
• Good communication and analytical skills.
• Able to work in a dynamic environment with changing priorities.
• Able to perform a variety of tasks and work under general supervision.
• Assist work on cross-functional teams to support business operations.
• Team player, and willing to learn new skills and concepts.
• Ability to define problems, collect data, establish facts and draw valid conclusions.