Cost Accountant

Cost Accountant

Salary Range: $28.00 - $43.00/ Hr.

As the largest machine tool builder in the western world, we need world‑class talent in all of our departments. And we’re not just looking for people for the production floor. Haas is a very vertically integrated company, with a wide range of high‑tech career opportunities available. We are the same Haas that owns the Haas Factory Racing Team and Haas F1 Team from the Netflix series Drive to Survive.

The Cost Accountant applies principles of cost accounting to develop cost systems, recommend improvements, and implement and maintain approved recommendations. Provides detailed cost information not supplied by general accounting systems. Determines and implements cost accounting procedures and methods. Prepares and analyzes cost reports and audits costing data. Examines and reviews unusual cost records and ensures cost data is allocated correctly.

• Collects and analyzes material and labor costs to evaluate efficiency and effectiveness of various production activities.
• Analyzes cost changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on total production costs.
• Develops and maintains cost procedure manual.
• Analyzes actual manufacturing costs and prepares periodic report comparing standard costs to actual production costs.
• Records cost information for use in controlling expenditures.
• Analyzes audits of production costs of materials and prepares reports.
• Compiles cost information to be used in operating and budget preparation.
• Makes estimates of new and proposed product or service costs.
• Provides management with reports specifying and comparing factors affecting costs and profitability of products or services.
• Manages the Inventory Adjustment General Ledger Account by preparing month‑end reports on the account’s activity and by requiring feedback from warehouse and production management regarding adjustments with an absolute value of $50,000 per part number.
• Manages the aging in the WIP account on the balance sheet by preparing month‑end reports on the account’s activity and by requiring production management to close production orders that have aged beyond 6 months.
• Manages the Purchase Price Variance General ledger account by preparing month‑end reports on the account’s activity and by having feedback from Purchasing and Inventory regarding variances due to items such as Purchase Order price changes or tariff changes on the Purchase Information record in SAP.
• Review Standard Cost Changes General Ledger account for price changes due to standard cost updates.
• Directs production related departments (planning, manufacturing, mechanical engineering, design engineering, etc.) regarding structural fixes to BOMs and routings to ensure that part’s cost attachment reflects the actual build process.

• SAP Controlling close.
• HAI standard cost and global PIR updates.
• Audit of movement types 202, 309, and 5XX.
• Production variance analysis.
• Manufacturing organization cost recovery analysis (actual expenses in relation to recovery rates).
• Audit of manufacturing organization’s actual expenses, e.g., contract labor invoice payment timing, tools and tooling usage, etc.
• Trade show internal order creation.
• Internal order aging management.
• Machine maintenance order aging management.
• Overseas material number release (attaching cost, establishing correct financial relationships, remove , etc.).
• Audit of 7XX movement in relation to approved cycle count documents.
• Audit of 904 movement to ensure inventory change is correct.
• Attaching costs to new material releases (build materials) to ensure cost attachment logic is correct.
• Product Cost Collector creation, settlement, and deletion.
• Audit of sales order cost attachment to ensure that the COGM value is correct.
• Audit of bin stock consumption for reasonableness in relation to the month’s production units.
• Audit HAA and HAE’s material master to ensure costs can be attached correctly to each material for PIR updates.
• Determine standard cost recovery rates for activities Labor, Set‑up Labor, Machine, and…