Cost Accountant

The Cost Accountant position is responsible for all aspects of Manufacturing and Production costing analysis and inventory for all business locations. The Cost Accountant is responsible for comparing standard cost to actual cost and identifying and explaining variances by customer, part number, and production jobs. The Cost Accountant must also work closely with manufacturing personnel to resolve variances and adjust Bills of Materials (BOMs).

Role and Responsibilities

·         Develop and maintain a cost accounting system that ensures accurate costing.

·         Produce daily production, variance, and ad hoc reports.

·         Review and analyze standard and actual costs for variances and prepare reports.

·         Update standard costs and ensure accuracy in the Bill of Materials (BOM’s)

·         Prepare, analyze, and report monthly gross margin analysis by customer, part number, and production jobs.

·         Analyze changes in product design, raw materials, manufacturing methods, or services to determine effects on costs.

·         Study and collect data to determine costs of business activities such as raw material purchases, inventory, and labor.

·         Responsible for account reconciliation of physical inventories and cycle counts.

·         Prepare periodic inventory reserves reconciliation, analyzing inventory for risk, and monitoring with support from internal stakeholders.

·         Assist in month-end and year-end closing by analyzing inventory and preparing supplemental reports as needed.

 ·         Work on special projects as required.

Qualifications and Education Requirements

·         Bachelor’s degree in accounting/finance or similar and three (3) to five (5) years in manufacturing cost accounting experience is preferred.

·         To perform this position successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or abilities required.

·         Reasonable Accommodations may be made to enable individuals with disabilities to perform essential functions.

Knowledge, Skills, Abilities:

·         Proficiency in Excel, experience in manipulating large databases a plus.

·         Significant hands-on experience using an integrated ERP system, preferably NetSuite.

·         Solid understanding of manufacturing operations, inventory, and cost accounting.

·         Understanding of U.S. GAAP as it applies to a manufacturing environment is required.

·         Strong analytical, communication, organizational, and problem-solving skills.

·         Extraordinary interpersonal skills to work in conjunction with other departments.

·         Must be a team player who also works well independently.

·         Must be able to analyze data, draw conclusions, interpret results, and make recommendations.

          6 Sigma/LEAN manufacturing a huge plus.