Senior Cost Accountant

Duties and Responsibilities

• Create bill of materials for each job and the setup of standard costs, including labor, material, machining, and other direct and indirect conversion costs.
• Prepare and analyze cost reports and costing audits.
• Monitor controls in place to ensure the integrity of the cost data.
• Work with operations and production to track conversion process and costs throughout various stages of the manufacturing process.
• Contribute in building BOM library for the master product catalogue.
• Liaise with Purchasing for price evolution and raw material cost update. Ensure accurate and timely reporting of purchase price variance.
• Research and validate variances versus standard for purchases, processes, labor and spending.
• Manage inventory valuation from cost update and inventory adjustments for GAAP reporting (e.g. price testing). Financial controls over inventory reporting. Ensure adherence to month-end and cycle count instructions.
• Monitor scrap and recycle of materials.
• Monitor inventory movement throughout the production process to ensure accurate accounting of costs by job and inventories on hand. Ensure accurate reporting of inventory in-transit and 3rd-party warehouses. Track project cost and analyze budget to actual variances over project life cycle.
• Assist in the preparation and monitoring of the budget process.
• Validate the cost of goods sold is accurately tracked by product by job as part of the month-end close.
• Supports FP&A in the preparations of management reports. Assist in the report on the effectiveness of operational performance by providing operations with financial analysis, plant metrics and KPIs.

Qualifications & Requirements

• Bachelor’s degree in Accounting or Finance required or equivalent experience.
• A minimum of three years’ work experience in cost accounting in a manufacturing environment is required.
• Through knowledge of accounting procedures and principles, to manage and analyze the costs associated with the company’s operations.
• Affinity for manufacturing operations and inquisitive for how things work.
• Strong PC skills, including Microsoft Word and Excel.
• Experience with business intelligence and analytics software is preferred.
• Previous experience with an ERP in a manufacturing environment is required.
• Excellent analysis skills and the ability to collaborate with multi-department teams.
• Outstanding attention to detail and the ability to review work for any discrepancies.
• The ability to communicate effectively with individuals at all levels of the organization. Outstanding problem-solving abilities.
• The ability to work independently and as a member of a team.
• The ability to be versatile; can adapt to a fast-paced environment with attention to detail.
• Strong customer service skills with the ability to ensure that a high level of service and quality is maintained.
• Able to acquire technical understanding of products and manufacturing processes to be able to effectively communicate with stakeholders.
• The ability to prioritize multiple tasks and projects and meet deadlines.