Cost Accountant - Manufacturing

Base Pay

$62,000.00/yr - $68,000.00/yr

Annual Bonus

Ensure that the business has costs and inventories valued in accordance with financial reporting standards, policies, and procedures that allow for measuring and managing the profitability of the business as well as working capital management, through the review of proper recording, measurement, and analysis. Supports timely and accurate reporting of sales and cost of sales and inventory at standard costs, internal and external audit recommendations, as well as Generally Accepted Accounting Principles (GAAP).

• Manage and keep BOM’s (Bill of Materials) updated, within Business Central and any other system, participating in the routine updates of formulas, per changes on existing products or new ones.
• Ensure the accurate determination of Standard costing per Pound (Lbs.), understanding the direct and variable portion of unitary cost of production.
• Determine the cost variations between STD and costs incurred per Lbs.
• Ensure the correct valuation of inventories. Participate in physical and cyclical counts, monitoring obsolescence provision.
• Responsible for analyzing potential inventory discrepancies, identifying their root causes, and managing their adjustments in the system.
• Participate in the preparation of the budget, through cost forecasting, different levels Direct Labor, Materials and Overhead., and monitoring cost forecasted vs incurred, ensuring compliance with the budget.
• Plan budgets and prepare cost reports for production management purposes.
• Project profit margins for upcoming quarters and analyze trends of highs and lows.
• Analyze month-end and year-end reports to identify and recommend cost-effective improvements.

• Must have cost accounting and manufacturing experience.
• 2+ years of work experience as a cost accountant, analyst, or other relevant role, with Bachelor’s degree in a related field.
• Possesses an understanding of GAAP, internal controls, journal entry preparation, and product manufacturing accounting transactions, including calculating and analyzing standard costs.
• In-depth knowledge of accounting principles and best practices.
• Basic to intermediate understanding of integrated accounting systems, and the relationship of Finance data and processes to other areas in the Company.
• Ability to understand the implications of system errors on financial statements and unit costs.
• Technology:
  Utilizes digital tools to perform tasks at a high level of productivity.

Associate

Full-time

Accounting/Auditing, Analyst, and Finance