Cost Accountant

At Parker’s Industrial Process Filtration Division, we collaborate with our customers to offer filtration solutions for complex contaminant management issues. Our aim is to enhance product quality and safeguard critical equipment against maintenance issues and downtime.

The Industrial Process Filtration Division directly supports North America. In addition, IPF works with our global Parker Hannifin regional entities to leverage IPF products across the globe.

To ensure manufacturing costs are accurately reported in the monthly financial statements

The responsibilities described here are representative of those tasks an employee performs to successfully complete the essential functions of this job; however, this is not a comprehensive listing of all tasks that may be assigned or required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The duties include, but may not be limited to the following:

• Monitor perpetual inventory values to ensure costs are accurately recorded and that jobs are completed and closed in the proper accounting period.
• Reconcile perpetual inventory balances to the General Ledger on a monthly basis.
• Analyze and correct any identified inventory variances.
• Monitor job closings and shipments through the ERP system to ensure Cost of Sales are properly matched with associated revenue.
• Prepare monthly journal entries, when needed, to accurately reflect inventory values and product margins.
• Establish and maintain labor and overhead rates for all manufacturing departments.
• Calculate and record revenue and costs using the Percent of Completion method per company policy
• Work closely with manufacturing supervisors to identify both manual and systematic issues that might result in the incorrect flow of information to the General Ledger.
• Perform other tasks as assigned.

The requirements described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The minimum qualifications required include, but may not be limited to, the following:

• At least 7-years’ experience in cost accounting.
• Experience using Oracle preferred; proficiency with a large ERP system required.
• Ability to research and analyze various forms of data/information.
• Proven organization skills, ability to prioritize work, and analytical and problem solving skills.
• Intermediate level skills with MS Office software; advanced Excel skills a must
• Demonstrated ability to communicate effectively and diplomatically with a diverse customer base
• Self-motivated and effective, working autonomously or as part of a team
• Ability to develop professionally and grow within this role, and the organization.
• Ability to read and interpret documents such as work instructions, safety rules and procedure manuals.
• Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

• Bachelor’s degree in an Accounting/Finance related field.
• Related experience and/or training or equivalent combination of education and experience.

Must meet the physical demands for the position including, but not limited to, the ability to:

• Occasionally stand, bend, stoop, walk, kneel, crouch, carry and climb.
• U…