Cost Accountant
- Participate in month-end closing including analyzing purchase price and order variances. Work with operations to resolve any identified errors. Prepare and input Journal Entries.
- Analyze inventory accounting and COGS to ensure accurate reporting of financial data.
- Maintain the integrity and accuracy of product cost data.
- Update /Review standard costs including BOMs and Routings.
- Will work with plant operations and engineering to update and maintain routings. Work with purchasing on obtaining new material and packaging costs and input into SAP.
- Estimate standard costs for new products
- Assist in Inventory Management
- Assist with the accounting analyst and inventory team on conducting and reviewing cycle count/physical inventories.
- Work with the materials review board to ensure proper reserves for obsolete inventory
- Reconcile inventory to general ledger.
- Assist in Capital Management
- Track capital spending and report on variance to budget and midterm plan
- Manage record keeping for capital projects from approval to close including transfers from CIP to final asset in SAP.
- Retire assets in SAP as required.
- Conduct asset inventory audit.
- Prepare balance sheet account reconciliations. Manage open items to resolution
- Participate in the budgeting and forecasting process
- Annual standard cost development including a review of BOM's, routing and materials costs.
- Preparation of Labor and Overhead rates for the various business areas
- Local site spending budgets and proper allocation of spending to the business units
- Assist in documenting procedures as needed.
- Work on special projects as required.
- Bachelor's Degree in Accounting or Finance required
- Proficient in Microsoft Excel and SAP
- Detail-oriented with strong analytical skills
- Excellent communication and interpersonal skills
- 3+ years of experience in cost accounting, preferably in the manufacturing industry
- Ability to apply knowledge of Generally Accepted Accounting Principles & Cost Accounting Standards
- Ability to research, compile analyze and interpret data
- Ability to work independently and as part of a team
- Must be willing to travel up to 15% to remote sites
- Resilience - Ability to adapt to workplace challenges, maintain professionalism, and manage responsibilities effectively.
- Communication - Capacity to clearly and professionally exchange ideas, interact respectfully with colleagues and customers, and foster positive workplace relationships.
- Reasoning & Decision Making - Ability to analyze information, follow verbal and written instructions, and make logical, sound decisions.
- Comprehension - Capability to understand and complete tasks as assigned and solve problems effectively.
- Organizational Skills - Competence in managing multiple priorities, maintaining accuracy, and staying focused despite potential workplace distractions.
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