Cost Accountant

POSITION SUMMARY

The Cost Accountant plays a critical role in supporting our US Warfighters and the Ability One program, contributing significantly to Ready One Industries' mission. This position is responsible for overseeing key aspects of costing and inventory, driving initiatives that uphold our commitment to excellence and strategic objectives. The ideal candidate will be a leader capable of integrating operational goals with our core mission, thereby enhancing the effectiveness of our services and the opportunities provided to individuals with disabilities.

• Maintain, optimize, and troubleshoot the cost accounting system to ensure accurate costing and seamless integration with other ERP modules.
• Update and validate standard costs for manufactured parts, including rolling standards and ensuring the accuracy of the bill of materials to support accurate product costing.
• Coordinate with the supply chain department to process annual updates of standard costs for purchased parts (raw materials).
• Initiate and audit periodic cycle counts to ensure the accuracy of physical inventory.
• Conduct monthly reviews of ERP inventory reports, addressing negative inventory transactions and collaborating with production and IT teams to implement system enhancements for data integrity.
• Monthly review of production jobs to identify pending items/transactions preventing jobs from being closed. Work with production teams to fix exceptions and prepare jobs for closing.
• Review and analyze standard and actual costs for variances. Prepare reports explaining variances.
• Prepare and analyze periodic inventory reserves reconciliation. Analyze for risk and potential impairments.
• Take an active role in month-end and year-end closing activities, ensuring the accuracy of cost-related entries and supporting the annual financial audit with detailed reports.
• Assist with compiling and completing product pricing workbooks (Excel).
• Adapt to evolving business needs by performing additional duties, fostering collaboration across department to support cost accounting and strategic goals.

• Education: Bachelor's degree in accounting/finance.
• Experience: 5-8 years of manufacturing cost accounting experience utilizing an integrated ERP system.
• Specific
  
  Skills:
  
  
• Proficient in Microsoft Excel and the use of formulas and pivot tables.
• Demonstrated ability to analyze complex financial data, communicate finds effectively across teams, and develop practical solutions to improve costing processes.
• Specialized Knowledge, Licenses, etc.:
• Solid understanding of manufacturing operations, inventory, and cost accounting.
• Understanding of U.S. GAAP as it applies to a manufacturing environment.
• Other
  
  Skills and Abilities:
  
  Ability to analyze data, draw conclusions, interpret results, and make recommendations.

• Prolonged periods of sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at a time.

Office setting with occasional visits to the warehouse for inventory-related tasks.