Cost Accountant

• Location 38809 Mentor Ave.,Willoughby, OH, 44094,United States
• Base Pay $80,000.00 - $ / Year
• Employee Type Exempt
• Required Degree 4 Year Degree
• Travel 10%
• Manage Others No

This is an opportunity to create an impact in an innovative company on a growth trajectory.

You will be a results-oriented team player who drives accountability, quality, and efficiency within your department and across the Company. You will be a strong communicator who enjoys working with others to improve various aspects of the company.

Process Technology is a global leader designing and manufacturing cutting edge thermal and power conversion equipment that make tomorrow’s products possible. Our company is a global sales organization with facilities based in Mentor, Mayfield and Willoughby, Ohio; and Flushing, New York. We are a tight-knit team that thrives on positive collaboration and open communication.

• Growth – Think big. Make a difference. Always continue learning personally and professionally. View mistakes as opportunities to improve.
• Ownership – Own decisions, actions, and failures. Do what's right versus what’s easy. Hold yourself and others accountable.
• Drive Results – Display urgency, act, achieve results. Challenge the status quo, take initiative, and make things happen. Focus on what matters most. Solve the biggest problems to make a difference.
• Innovation – Find a better way every day. Think differently. Imagination will take you everywhere!
• Teamwork – ONE Company. ONE Team. ONE Goal. Engage cross-functionally and throughout all levels. Work together to win.

• Goal oriented – We collaborate to find the best approach to align and achieve our goals to ensure the best results are attained.
• Metric driven – We set realistic and achievable goals and standards with well-laid project plans.
• People focused – We care about our team; we promote a healthy work-life balance; we are respectful of the roles and time of other individuals.
• Process oriented – We establish and respect clear processes.

• Maintain standard costs for manufactured products and support periodic cost updates and cost rolls.
• Review bills of material (BOMs), routings, labor standards, and overhead allocation methodologies for accuracy and reasonableness.
• Analyze and explain material price, material usage, labor rate, labor efficiency, overhead spending, and overhead absorption variances.
• Monitor inventory valuation and support compliance with U.S. GAAP.
• Assist with the evaluation and documentation of reserves for excess, obsolete, and slow-moving inventory.
• Reconcile inventory subsidiary records to the general ledger.
• Prepare month-end journal entries and account reconciliations related to inventory and cost of goods sold.
• Support annual physical inventories and ongoing cycle count programs.
• Prepare inventory and cost accounting documentation requested by external auditors.

• Prepare and maintain components of the monthly management reporting package.
• Perform budget-to-actual, forecast-to-actual, and prior-year variance analysis.
• Analyze sales, gross margin, customer, product line, and manufacturing performance.
• Develop and maintain financial and operational key performance indicators (KPIs).
• Prepare recurring and ad hoc reports that identify trends, risks, and opportunities.
• Communicate financial findings in a clear and actionable manner to finance and operational leadership.

• Assist the Vice President of Finance with the annual budget and periodic forecast processes.
• Gather and validate operational assumptions and supporting information from department leaders.
• Maintain budget and…