Cost Accountant

The Cost Accountant I position is responsible for maintaining detailed costs in the system and providing cost analysis to support the company. This position reviews inventory to control and analyze standard costs, prepares and reconciles analysis cost reports, and interfaces with internal customers through verbal and written correspondence

• Revalue and analyze purchase parts on a weekly basis and work with appropriate departments to oversee corrections as necessary.
• Review and process sales updates for all orders invoiced daily, making sure account coding for each sales order is correct and appropriate so the entries are created properly.
• Review and advance ship direct orders in the system, making sure account coding has been done properly.
• Analyze work order variances and activity and work with appropriate operations personnel to verify accuracy and complete corrections as necessary and close work orders as appropriate.
• Accounting liaison for business unit personnel to create warranty orders in the system to allow for the accumulation of warranty expenses.
• Establish, review and evaluate the monthly warranty reserves company-wide and create the appropriate monthly journal entry to record activity. This includes following up with business unit personnel to ensure we are increasing the reserves as necessary or closing out remaining reserves timely when warranty work is complete.
• Track applicable revenue for the warranty plans with foreign dealers, calculate the appropriate credit totals and accrue them monthly. Annually prepare and submit for approval the appropriate credit totals by dealer.
• Complete labor and burden re-class journal entries.
• Evaluate intercompany transactions on a daily basis to ensure effective and correct processing of such transactions. Monthly, reconcile appropriate intercompany accounts and make appropriate entries to correct issues.
• Manage monthly intercompany revenue and cost of sales transactions with the subsidiary entities and create appropriate journal entries to eliminate such activity for consolidated company financials.
• Track non-employee commissions for third party representatives and ensure that appropriate amounts are accrued and paid monthly are appropriate with the rep agreements.
• Manage the company accrued freight accounts through coding freight invoices, working with the business units on appropriate adjustments for freight invoicing and reconciling the balance sheet accounts for accuracy and completeness.
• Maintain and reconcile the monthly backlog data for the business units and prepare the journal entry to record backlog in the system.
• Complete and maintain monthly reconciliations and complete research including working with cross-functional coworkers to resolve issues during this process.
• Create and process other monthly journal entries as required.
• Assist in quarterly and year end audits by pulling appropriate back-up documentation.
• Leverage knowledge of Cost Accountant II, III and Manager regarding cost accounting methodology, skills, and processes. Establish and maintain procedures.
• Ensure lessons learned applied to future efforts.
• Collaborate with other professional disciplines throughout the business on technical inquires and needs.
• Complete other duties and special projects as assigned.
• Regular, in-person attendance due to necessary teamwork and personal interactive nature of this position

• Basic knowledge of cost accounting principles.
• Excellent communication skills both orally and written.
• Attention to detail and accuracy in financial reporting.
• Ability to establish and maintain working relationships with individuals at all levels of the organization.
• Ability to efficiently utilize Microsoft…