Cost Accountant II

Overview

Cost Accountant II at Nikon Metrology. This role analyzes, tracks, and reports the costs associated with manufacturing operations to support strategic decision-making and financial accuracy. The position ensures the integrity of cost data, identifies cost-saving opportunities, and collaborates with cross-functional teams to optimize production efficiency and profitability.

Location

Onsite:
Maple Grove, Minnesota

Base pay range

$80,000.00/yr - $/yr

Responsibilities

• Ensure that costs are accurately charged to the appropriate department
• Capture and classify cost data to determine the cost associated with products/product lines
• Oversee and participate in periodic cycle counts
• Compare actual costs to historical or projected costs and report on variances
• Perform monthly, quarterly, and annual accounting close processes
• Provide cost-related data in support of business decisions or for use in financial reporting
• Research and resolve discrepancies or variances between actual and expected costs
• Conduct cost-benefit analysis and provide recommendations for cost reduction
• Monitor various financial activities and prepare reports accordingly
• Recommend and implement process improvements to enhance cost accounting accuracy and timeliness
• Develop and maintain accurate standard costs for manufactured goods and services
• Administer internal controls and audits of policies and procedures meant to preserve the organization’s assets
• Provide financial leadership to the factory management team

Ancillary responsibilities

• Participate in production meetings to support shop floor needs and analysis
• Partner with the Manufacturing Director and Engineering teams to meet company objectives
• Lead and mentor the Staff Accountant while developing and maintaining a collaborative culture
• Assist the Director of Accounting with local cash flow projections and vendor relationship management
• Support internal/external financial audits
• Perform all other duties as needed or required

Qualifications Essential – Required Knowledge, Skills, and Abilities

• 5+ years of cost accounting experience, preferably in an industrial manufacturing setting
• 3 years’ general ledger accounting experience
• Proven knowledge of bookkeeping and accounting principles, practices, standards, laws, and regulations (GAAP and IFRS)
• Advanced Excel skills, including Pivot Tables, VLOOKUPs, and complex formulas
• Ability to manipulate large amounts of data
• High attention to detail and accuracy
• Minimum of 3 years’ experience working with a fully integrated ERP system

Desirable

• Quick Books
• MS Navision
• CPA

Functional competencies

• Strong organizational skills
• Strong analytical and problem-solving skills
• Team player with the ability to work independently
• Excellent written and verbal communication skills, including ability to interact effectively with all levels of the organization
• Ability to handle sensitive and confidential information
• Working knowledge of foreign currency and translation

Business leadership

• Operate Strategically:
  Take ownership and be accountable
• Drive strategic decision-making and contribute to overall organizational success
• Drive Disruptive Innovation:
  Encourage alternative solutions and creative thinking; support business initiatives
• Organizational Leadership:
  Drive business results; lead change
• People Leadership:
  Build, inspire, and develop talent; promote unity (One Nikon)

Direct reports

Staff Accountant

Working environment / physical requirements

• Ability to sit for long periods
• Brief periods of walking, standing, bending, carrying papers, and extended computer use
• Occasional travel for meetings and conferences away from the work site

EEO statement

As an EEO/Affirmative Action Employer, all qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, or national origin — or because they are individuals with a disability or protected veterans.

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