Cost Accountant

POSITION DESCRIPTION

Job Title: Cost Accountant

Reports To: Corporate Controller

FLSA Status: Exempt

Location: Andrews Worksite Facility, Andrews, Tx

Summary

The Cost Accountant is responsible for ensuring the financial planning of expenditures are well planned and ROI is beneficial to the company. This position will oversee expense reports, analyze data on what has been purchased or the incurred costs regarding goods and services received from vendors, and make recommendations related to cost-efficiency. Maintains all internal controls in accordance with generally accepted accounting principles. Knowledgeable of all appropriate laws, regulations and specific procedures for processing transactions. This position requires frequent contact and interaction with customers and WCS personnel. This position reports to the Corporate Controller.

Essential duties and responsibilities include the following:

• Perform cost analyses of company operations
• Compare revenues to costs by project to determine profitability
• Analyze company equipment and prepare analyses for decision making on purchases/repairs
• Collect cost information and maintain an expense database
• Determine fixed costs (e.g., salaries, rent and insurance)
• Plan and record variable costs (e.g., purchases of raw material and operations costs)
• Review standard and actual costs for inaccuracies
• Assist with preparing and compiling budgeting reports (for the company and for each department)
• Prepare (monthly, quarterly, and annual) cost forecasts
• Assisting in month-end and year-end closing
• Identify and recommend cost-effective solutions
• Be liaison between corporate accounting and accounting needs at the Andrews Facility
• Perform any ad hoc projects as needed by Corporate Controller or other members of management
• Work cohesively and collaboratively with other team members as needed to complete essential duties and responsibilities and any other assigned ad hoc projects
• Other duties as assigned

Supervisory Responsibilities

This job has no supervisory responsibilities.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Possess excellent analytical skills along with the ability to combine different data and calculate profit margins. Create detailed reports that present cost-effective solutions for the company. Ultimately, build updated databases and manage cost information to maximize profitability for the company.

The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

• At least 5 years proven experience as a Cost Accountant, Cost Analyst, Accountant, Analyst or similar role
• Thorough knowledge of accounting procedures
• In-depth understanding of Generally Accepted Accounting Principles (GAAP)
• Experience with accounting software
• Computer literacy
• Advanced MS Excel skills (i.e, VLOOKUPs, pivot tables, multiple tab workbooks, etc)
• Excellent analytical skills with an attention to detail
• Ability to work independently
• Strong time management skills
• Integrity, with an ability to handle confidential information
• BS degree in Accounting, Finance or relevant study

Language Skills

Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write simple correspondence. Ability to effectively present information in one-on-one and small group situations to employees of the company.

Mathematical Skills

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent.

Reasoning Ability

Ability to apply common sense understanding to carry out detailed but involved written or oral instructions. Ability to deal with problems involving a few concrete variables in standardized situations.

Computer Skills

Experience using an accounting software, advanced knowledge of the following Microsoft applications: Excel, Word, Outlook

Physical Demand

The physical demands described here are representative to those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to sit. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel and reach with hands and arms. The employee may occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision and ability to adjust focus.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee may receive occupational exposures to ionizing radiation that are As Low As is Reasonably Achievable (ALARA) and within the regulatory limits when visiting the worksite. The noise level in the work environment is usually quiet.

Job Type: Full-time

Pay: $61,794.17 - $74,418.79 per year

Benefits:

• 401(k)
• 401(k) 3% Match
• 401(k) matching
• AD&D insurance
• Dental insurance
• Disability insurance
• Employee assistance program
• Employee discount
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid jury duty
• Paid time off
• Professional development assistance
• Referral program
• Tuition reimbursement
• Vision insurance

Schedule:

• Monday to Friday

Work Location: In person

Salary : $61,794 - $74,419