Cost Accountant

About the role

The Cost Accountant provides ongoing analysis of inventory, costs associated with production, margin analysis, and associating costs to related activities. Provides current and accurate information required to make solid business decisions related to production, inventory management, and product pricing.

Responsibilities

• Ongoing analysis of inventory, production costs, margin, and tracing costs back to underlying activities and drivers
• Constructs and monitors cost-effective data accumulation systems
• Develops and reviews the controls necessary for data accumulation and reporting systems
• Develops and maintains absorption rates by plant and work center including labor and overhead costs
• Coordinates physical inventory and cycle counts, investigating variances and resolving associated issues
• Maintains standard costs and reviews standard and actual costs for inaccuracies including variance analysis, treating these in accordance with GAAP
• Develops meaningful and comprehensive reporting packages to provide current and accurate information to leadership for decision-making related to production, inventory management, and pricing
• Performs month-end tasks associated with inventory, material costs, margin analysis, and plant financial analysis including adjustment, summary schedules, and reconciliation
• Locates, manages, and disposes of obsolete inventory
• Performs production walks at manufacturing facilities to understand processes, variances, reporting errors, and interpretation of cost build-ups
• Assists with general accounting tasks and other duties/projects as assigned

Qualifications

• Minimum of Associate's Degree in Accounting or related field; Bachelor's preferred
• Minimum of five (5) years of manufacturing cost accounting experience
• Bilingual Chinese and English

Skills

• Advanced critical thinking and analysis skills to develop recommendations and solutions
• Knowledge of standard costing and associated rates with the ability to develop a cost accounting system with verifiable and accurate reporting
• Ability to work well with varying skill levels in multiple functions/departments (plant floor to upper management)
• Desire to work in a team-oriented environment with excellent verbal and written communication skills