Senior Cost Accountant

Description

The Senior Cost Accountant is responsible for assisting in all cost accounting activities within Viking and Lynx. This role ensures the accurate measurement, analysis, and reporting of production costs, inventory, and budget variances to optimize operational efficiency and profitability.

Essential Job Results

• Ensure accuracy of product costs and inventory valuation.
• Create and maintain production bill of materials, maintain periodic cost rolls/updates.
• Prepare and analyze cost reports, including standard costs, variances, and inventory valuation.
• Track and analyze manufacturing costs, labor efficiency, material usage, and overhead expenses.
• Develop and maintain detailed cost models for the appliance production process
• Collaborate with production and finance teams to create annual budgets and forecasts.
• Monitor and report on budget vs. actual performance, identifying cost-saving opportunities.
• Oversee the accurate valuation of raw materials, work-in-progress (WIP), and finished goods inventory.
• Participate in the monthly closing process through journal entries and account reconciliations.
• Conduct periodic inventory audits and resolve discrepancies.
• Identify and implement cost-saving measures across production and supply chain processes.
• Work closely with operations to optimize efficiency and reduce waste.
• Ensure compliance with accounting standards, company policies, and regulatory requirements.
• Develop and maintain internal controls related to cost accounting and inventory.
• Collaborate with operations, procurement, and finance departments to support business goals.
• Manage and improve cost accounting systems, including ERP system maintenance.
• Ensure accurate data entry and reporting through automated tools.
  
  

Requirements

• Bachelor’s degree in finance, accounting, or related field; CMA preferred
• 3 years of experience in cost accounting, manufacturing setting preferred
• Strong quantitative ability and ability to solve complex problems
• Proficiency in Microsoft Office Suite, advanced proficiency in Excel and ERP systems
• In-depth knowledge of accounting principles, financial statement analysis, and management reporting
• Excellent communication, presentation, and interpersonal skills
• Strong attention to detail and a results-driven mindset
• Experience in appliance or durable goods manufacturing