Senior Cost & Inventory Accountant
Quaker Houghton · Pennsylvania, United States · 2 wk ago
AccountingFull-time
What will you do?
- Work with the Americas Cost Accounting Manager to assist in and drive improving the Cost Accounting processes.
- Perform daily operations of the local/regional and global (central) Cost & Inventory Accounting, from standard cost setting to monthly variance analyses and reporting, month-end activities, inventory valuation, and cost reporting.
- Adhere to the annual and monthly standard costing process for calculation, review, and update of standard costs.
- Adhere to global Cost & Inventory Accounting policies and procedures to establish a consistent approach for Cost & Inventory Accounting processes.
- Communicate with finance and supply chain stakeholders for raw material prices, landed cost data, production (master) data and questions related to cost variances and cost reporting.
- Handle costing issues that need resolution in an independent manner
- Reporting of product costs, cost variances and inventory valuation per SOX control and business control requirements
- Analyze and prepare monthly cost variance reporting for the analysis of purchase price and manufacturing variances.
- Prepare journal entries.
- Perform month-end and year-end cost & inventory accounting activities, including ensuring financial accuracy of postings and COGS object accounts and performing necessary account reconciliations.
- Support both internal and external audit teams by providing requested documents and approvals.
- Follow and communicate policies and procedures to establish a consistent approach across the organization for cost and inventory accounting processes.
- Provide support for transformation activities for the improvement of Cost & Inventory Accounting processes.
- Adhere to a culture of continuous improvement, automation, digitization, adherence, and proactively propose enhancement to Global Standards.
- Ensure application of the global process, governed by a set of clearly defined controls.
- Act as point of contact for operational Cost & Inventory Accounting for other finance and business stakeholders.
- Bachelor’s degree (BS) in accounting, finance, or related field required. CPA or equivalent a plus.
- 5-7 years finance experience, with minimum of 2 years in manufacturing sectors
- Experience with cost & inventory accounting
- Ability to professionally communicate with all levels of the organization
- Attention to detail and proven organizational skills
- Ability to solve problems and work in an autonomous manner
- Intermediate to advanced MS Excel skills
- Interest and proficiency with using technology, including ERP, business intelligence, reporting, and AI tools.
- Motivated by continuous learning and growth, with a mindset that challenges the status quo.