Accounting - Cost Accountant

Job Description

Build Your Future at NWPX

At NWPX Infrastructure, we manufacture welded steel pipe and precast products that form the backbone of America’s water infrastructure. It’s work you can be proud of—and an opportunity to advance your career with a company committed to your professional growth and well-being.

Our brands—Northwest Pipe Company, NWPX Park, and NWPX Geneva—set the standard for safety, quality, innovation, and performance. Guided by our core values of Accountability, Commitment
, and Teamwork
, our people work collaboratively to deliver reliable products and trusted service to our customers—while building stable, rewarding careers along the way.

For over 50 years, NWPX has been a leader in reliable water infrastructure solutions, and our people are the foundation of our success. Build your future with us and be part of a legacy grounded in water
.

• Paid Vacation, Holidays, and Sick Time
• 401k Retirement Savings Plan with Employer Match
• On-Demand Pay (Access Your Earned Wages Before Payday)
• Bonus Potential
• Up to $5,000 per year Tuition Reimbursement
• Safety Footwear and Eyewear Voucher (Day 1 of Employment)
• Employee Assistance Program (EAP)
• Opportunities for Career Advancement
• Values-Driven Culture Committed to Equal Opportunities and Safety

The Cost Accountant will provide support to Manufacturing Operations Management by developing, reporting, and analyzing operating results in areas such as plant profitability and inventory management. The cost accountant will work with Operations Management to understand cost drivers and develop meaningful metrics. In addition, the person in this position will play a key role in ensuring compliance with internal controls at the manufacturing facility by reinforcing expectations and the reasons for the controls.

The person will participate in month-end accounting activities, will play a key role in physical inventory counts, and will support quarterly reviews and the year-end audit by our independent accounting firm.

• Accurate and timely monthly reporting of revenue, backlog, and tonnage for assigned plants.
• Water Transmission plant responsibilities may include (but are not limited to) the following unique responsibilities:
  • Calculation of over time (percentage of completion) revenue recognition under ASC 606.
  • Calculation of project COGS – including allocations from Corporate, variances between standard to actual, and over/under absorption of overhead rates.
  • Accurately calculate profit margin and required loss contingency reserve when appropriate.
  • Perform applicable balance sheet calculations, including overbill and under bill.
  • Prepare Actual vs. Estimate analysis, including understanding changes in estimates.
• Weekly revenue and performance forecasting for assigned plants.
• Ownership over the monthly close process for the assigned plants, ensuring a timely and accurate GL close, including related journal entries and reconciliations as assigned.
• Provide information and support to the plant employees, as well as be the financial liaison for the Operations Managers.
• Analysis of costs at assigned plants, verifying GL coding accuracy and expense reasonableness as compared to plan and forecast.
• Prepare monthly financial forecast and annual budget for assigned plants, including detailed analysis of actual cost, cost drivers, margin variances and other factors.
• Lead the monthly Forecast meetings for assigned plants, which includes plant personnel, the plant Operations Manager, VP of Operations and others deemed necessary for decision making.
• Participate and be plant liaison with external audit firm for annual physical inventory.
• Actively participate in audit support preparation, which includes items requested by the external audit firm as well as internal support required by the financial reporting team.
• Understand and adhere to internal control procedures related to areas managed and participate in controls documentation and evaluation.
• Perform selected internal control procedures and document performance.
• Streamline and document department processes and procedures with the objective of…