What are the responsibilities and job description for the Cost Accountant position at Vibration Mountings and Controls Inc?
Description
The Cost Accountant is responsible for ongoing analysis of material, costs, labor costs and subcontract costs to meet the Company's cost planning and profit targets
Essential Job Responsibilities not limited to:
1. Develops standard costs of material, labor, burdens and subcontract
- Maintain the cost accounting system
- Provide cost estimating for new and existing products
- Coordinates OR presents issues to Engineering for correction
- Review and report on accuracy of BOM methods, time, operations and notes
- Prepare inventory reports
- Research, resolve, prepare and develop journal entries
2. Inventory
- Prepare transactions to ensure inventory accuracy
- Prepare, research and resolve recurring and reversing journal entries
- Secondarily supportive of inventory accuracy
- Ensure proper inventory movement procedures are adhered to
- Act in an advisory role with respect to warehouse and bin locations within ERP
- Participates in monthly and annual closing process including journal entry preparation for the CFO
3. Annual budgets
- Develop and maintain annual budgets
Requirements
Knowledge/Skills/Abilities:
- Proficient in Microsoft Office
- Mastery in Microsoft Excel
- Knowledge of accounting principles and systems
- Knowledge of manufacturing practices
Competencies:
- Detail oriented
- Analytical with a focus on mathematical capability Consistently accurate
- Strong organizational skills
- Effective verbal and written communication skills
- Takes initiative
Minimum Qualifications:
- Bachelor's degree in Accounting
- 6 years Cost Accounting experience in product manufacturing
