The Cost Accountant will be responsible for planning, studying, and collecting data to determine the costs of business activities, such as inventory, labor, and the cost of goods sold. Major responsibilities will include understanding the different cost components, developing/adjusting standard costs to reflect product costs, and explaining variances from the budget or standards.
Primary Responsibilities:
- Investigate inventory count variances and resolve any issues.
- Ensure the timeliness and accuracy of closing procedures.
- Review standard and actual costs for discrepancies.
- Prepare and post monthly journal entries as needed.
- Assist in month-end close procedures and general ledger entries, including recording inventory adjustments.
- Provide management with reports that specify and compare factors affecting the pricing and profitability of products or services.
- Analyze actual manufacturing costs and compare them to standard production costs in periodic reports.
- Assist in developing and documenting policies and procedures, including system requirements and internal controls.
- Process and assist in monthly balance sheet reconciliations.
Skills and Requirements:
- Strong analytical and problem-solving skills.
- Bachelor’s degree in Accounting.
- Minimum of 5 years of cost accounting experience in a manufacturing environment.
- Ideally, experience working directly with MRP/ERP systems.
- Excellent Excel skills and a solid understanding of accounting principles.
- Comfortable working with all levels of an organization, up to and including the CEO.
- Ideally, experience with ORACLE.
Experience:
- Cost Accounting: 5+ years
Education:
- Bachelor’s degree in Accounting