Senior Cost Accountant

Job Summary

Meticulously analyzes production costs, monitors inventory levels, and collaborates closely with cross-functional teams to optimize manufacturing processes. Performs advanced and specialized accounting activities to ensure the organization complies with relevant regulations, laws, and reporting requirements.

Essential Functions

• Participate in Month-End Close: ensuring all financial transactions for the month are accurately recorded and reconciled promptly. Tasks include preparing journal entries, reconciling general ledger accounts, and assisting in financial reporting.
• Cost Analysis: Conduct detailed analysis of production costs, including direct materials, labor, and overheads, to ensure accuracy and identify cost-saving opportunities.
• Inventory Management: Supervise inventory levels, track usage, and reconcile discrepancies, ensuring accurate valuation and minimizing waste or shortages.
• Financial Reporting: Prepare and present comprehensive reports on manufacturing costs, providing insights and recommendations to support informed decision-making by senior management.
• Compliance: Ensure compliance with accounting standards, internal controls, and regulatory requirements in all cost accounting activities. This includes responding to audit requests timely with accurate and complete support.
• Variance Analysis: Monitor and analyze cost variances, investigating discrepancies and implementing corrective measures to align with budgeted targets.
• Collaboration: Work closely with cross-functional teams, including production, procurement, and finance, to streamline processes and optimize cost-efficiency.

Education and Experience

• Bachelor's degree or equivalent and relevant formal academic / vocational qualification.
• Previous experience that provides the knowledge, skills, and abilities to perform the job (comparable to 5+ years).

Knowledge, Skills and Abilities

• Advanced knowledge of financial and cost accounting principles and best practices.
• Ability to quickly learn and/or apply advanced knowledge, skills, and expertise to analysis.
• Intermediate ability to navigate and perform functions within ERP systems (QAD or Oracle Hyperion preferred).
• Demonstrated project management with ability to function as an effective and respected finance partner.
• Proficient skill in Microsoft Excel for analysis and presentation of data.
• Ability to work with ambiguity and complexity.
• Demonstrates good communication and presentation skills.

BENEFITS

• Health Insurance: Medical, dental, and vision coverage.
• Retailer Plans: Participation in a company-sponsored retirement savings plan.
• Legal Service Plans: Offering access to attorneys for legal advice and representation.