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Cost Accountant
$79k-97k (estimate)
Full Time | Durable Manufacturing
3 Weeks Ago
SIFCO Industries is Hiring a Cost Accountant Near Cleveland, OH
SummaryThe Cost Accountant assists the Senior Accountant in the establishment and maintenance of standard costing on components. This position will participate in the preparation of financial statements during month end and the required analysis of these statements. This position will also interface with internal and external auditors to evaluate and resolve audit schedules and questions.
Essential Duties And Responsibilities
EDUCATION And/or EXPERIENCE
Mathematical SkillsAbility to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations. Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory and factor analysis.
REASONING ABILITYAbility to define problems, collect data, establish facts and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
PHYSICAL DEMANDSThe physical demands described here are representative of 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 sit; use hands and fingers, handle, or feel; and talk or hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision ability required by this job include close vision, distance vision, peripheral vision, depth perception and ability to adjust focus. Must be able to walk up/down stairways without assistance.
WORK ENVIRONMENTThe 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.
The noise level in the work environment is an office environment.
We believe a workforce with diverse backgrounds and skills helps us realize our full potential. We are proud to be an equal opportunity employer, and we take affirmative action to ensure that minorities, females, individuals with disabilities and protected veterans are introduced into our workforce and given opportunities to grow.
SIFCO Forge has a very competitive compensation and benefits package, including medical, dental, vision, life insurance, short- and long-term disability, flexible spending accounts, and a 401(k) plan with an exceptional company match.
If you need assistance with the application process due to a disability, please email Applications@sifco.com.
Essential Duties And Responsibilities
- Assists the Senior Accountant in the analysis of manufacturing plant variances to standard costs and budgets, including: operational spending reporting, material price/quantity, labor, efficiency/rate, and burden variances.
- Provides support to the Senior Accountant for key cost accounting functions, including inventory valuation, excess and obsolescence reserve calculations, monthly inventory reconciliation, cycle counting, and coordination of annual physical observations with external audit team. Comfortable spending time on the shop floor to execute these functions.
- Coordination with the supply chain team and monitoring of PPV.
- Assists in the analysis to address cost related topics to include items such as scrap and obsolescence.
- Provides support to the Senior Accountant in rolling standard costs for parts needing to be updated on an as needed basis.
- Support the annual standard cost roll process.
- Assist with interactions with external audit team on cost accounting topics.
- Assist with the Coordination with the internal audit team on cost accounting internal control items.
- Provides support for the Senior Accountant including analysis on standard cost of product, margins, and inventory.
- Participate in cross-functional teams supporting New Product Development, including time studies or observations on new jobs alongside and Engineer.
- Assist with Preparation of all necessary month-end journal entries to inventory and cost of sales.
- Assists in month end close process by providing analysis of results as guided by the Senior Accountant and Division Controller
- All other duties as assigned.
EDUCATION And/or EXPERIENCE
- Bachelor’s degree in Accounting/Finance from accredited university;
- 4 years of hands-on cost accounting experience preferably in a manufacturing environment;
- Accounting understanding of basic accounting concepts US Generally Accepted Accounting Principles (GAAP)
- Familiarity with SAP strongly preferred, or other ERP system
- High proficiency skills in Excel, Word, and data extraction/manipulation, including skills such as pivot tables, vlookups, etc.
- Sound judgment and keen insight;
- Strong problem recognition and solving skills (demonstrates initiative in effecting positive change);
- Self-motivated, assertive, positive attitude;
- Responds timely to information requests; and
- Effective written and oral communication skills.
Mathematical SkillsAbility to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations. Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory and factor analysis.
REASONING ABILITYAbility to define problems, collect data, establish facts and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
PHYSICAL DEMANDSThe physical demands described here are representative of 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 sit; use hands and fingers, handle, or feel; and talk or hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision ability required by this job include close vision, distance vision, peripheral vision, depth perception and ability to adjust focus. Must be able to walk up/down stairways without assistance.
WORK ENVIRONMENTThe 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.
The noise level in the work environment is an office environment.
We believe a workforce with diverse backgrounds and skills helps us realize our full potential. We are proud to be an equal opportunity employer, and we take affirmative action to ensure that minorities, females, individuals with disabilities and protected veterans are introduced into our workforce and given opportunities to grow.
SIFCO Forge has a very competitive compensation and benefits package, including medical, dental, vision, life insurance, short- and long-term disability, flexible spending accounts, and a 401(k) plan with an exceptional company match.
If you need assistance with the application process due to a disability, please email Applications@sifco.com.
Job Summary
JOB TYPE
Full Time
INDUSTRY
Durable Manufacturing
SALARY
$79k-97k (estimate)
POST DATE
06/05/2024
EXPIRATION DATE
07/30/2024
WEBSITE
sifco.com
HEADQUARTERS
CLEVELAND, OH
SIZE
200 - 500
FOUNDED
1916
TYPE
Public
CEO
PETER W KNAPPER
REVENUE
$50M - $200M
INDUSTRY
Durable Manufacturing
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About SIFCO Industries
SIFCOIndustriesproduces and sells forgings and machined components for the aerospace and energy markets.
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The job skills required for Cost Accountant include Accounting, Analysis, Cost Accounting, ERP Systems, Initiative, Internal Control, etc. Having related job skills and expertise will give you an advantage when applying to be a Cost Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Cost Accountant. Select any job title you are interested in and start to search job requirements.
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The following is the career advancement route for Cost Accountant positions, which can be used as a reference in future career path planning. As a Cost Accountant, it can be promoted into senior positions as a Cost Accountant III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Cost Accountant. You can explore the career advancement for a Cost Accountant below and select your interested title to get hiring information.
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