Cost Accountant

Essential Job Functions & Responsibilities

• Cost Accounting
• Develop cost analysis and gross margin reports for management
• Review Infor Syteline job cost variance reports for potential efficiency gaps and/or material variances
• Support entities in reaching financial KPIs and strategic objectives
• Participate in cross-functional meetings to address procedural and/or control issues pertaining to inventory movements and adjustments
• Analyze manufacturing costs of Raw Materials, Labor and Overhead, to identify trends, variances, and areas for improvement at all entities
• Maintain and monitor inventory levels and valuation, ensuring accuracy and adherence to accounting standards
• Prepare productivity KPI reports by manufacturing work center
• Track all direct and indirect labor hours by manufacturing job and work center
• Collaborate with engineering and production teams to update Bills of Material as required
• Review and audit all CEA (Capital Expenditure Authorizations) submissions for profit-improving Projects
• Support engineering department for all cost savings and cost reduction projects
• Review outside processing expenses tied to jobs and report variances from expected purchase order approved amounts
• Aid in the preparation of budgets and forecasts related to cost of goods sold and manufacturing expenses (variable / fixed)
• Develop metrics for forecasted and budgeted inventory shrink, scrap, and obsolescence
• Inventory Management
• Monitor inventory levels and valuation, ensuring accuracy and adherence to accounting standards
• Reconcile inventory general ledger control accounts to inventory subsidiary ledger (Raw Materials, WIP, and Finished Goods)
• Manage and maintain fixed assets and monthly depreciation schedules
• Assist with other balance sheet account reconciliations as assigned
• Assist with annual audit for all inventory reconciliations
• Financial Planning and Budgeting
• Prepare all monthly journal entries relating to inventory reconciliation and cost analysis
• Reconcile inventory general ledger control accounts to inventory subsidiary ledger (Raw Materials, WIP, and Finished Goods)
• Develop metrics for forecasted and budgeted inventory shrink, scrap, and obsolescence
• Assist with the preparation of budgets and forecasts related to cost of goods sold and manufacturing expenses (variable / fixed)
• General Accounting and Ad-Hoc
• Prepare all monthly journal entries relating to inventory reconciliation and cost analysis
• Reconcile inventory general ledger control accounts to inventory subsidiary ledger (Raw Materials, WIP, and Finished Goods)
• Manage and maintain fixed assets and monthly depreciation schedules
• Assist with other balance sheet account reconciliations as assigned
• Assist with annual audit for all inventory reconciliations

Requirements

• Bachelor’s degree in accounting, finance, or related field required
• Minimum of 3-5 years of experience in a manufacturing environment, with focus on cost accounting
• Proficiency in financial modeling and analysis
• Experience with ERP systems and accounting software (Infor Syteline, Oracle, SAP, MS D365, MS Excel)
• Excellent communication and interpersonal skills
• Ability to work independently and collaborate effectively with cross-functional departments
• Strong analytical and problem-solving skills
• Attention to detail and accuracy
Management reserves the right to assign or reassign duties and responsibilities to this job at any time. EOE, including disability/vets