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Duraco Specialty Tapes LLC #150831
Forest, IL | Full Time
$82k-100k (estimate)
9 Months Ago
Cost Accountant
$82k-100k (estimate)
Full Time 9 Months Ago
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Duraco Specialty Tapes LLC #150831 is Hiring a Cost Accountant Near Forest, IL

Job Summary
The Cost Accountant has the functional responsibility to develop and maintain the cost accounting system, value the inventory, oversee some budget functions, and participate in the month end financial closes for the organization in compliance with Generally Accepted Accounting Principles (GAAP). The Cost Accountant has a key role within the Finance team.
Responsibilities
  • Assist in the creation and review of all Capex project proposals.
  • Determine current asset stage.
  • Routinely communicate to track the progress and launch date for the asset to go into service.
  • Develop Labor and O/H rates for standard costing.
  • Monitor and update raw material standard costs where necessary.
  • Establish standard costs for newly created parts. (Daily)
  • Update and or correct standard costs in the other warehouses.
  • Periodically review Inventory listing for reasonableness.
  • Investigate and correct any transaction that misstates the inventory balances.
  • Review Cycle counts for reasonableness.
  • Physical inventory test counts.
  • Review and reconcile GRNI.
  • Validate I/C pricing with Customer Care
  • Lead quarterly/yearly internal inventory audit and/or full physical count.
  • Formulate budget for various costs of goods sold, inventory, and fixed assets.
  • Download sales data for the month. Reconcile it to the P&L. Book all sales adjustments and corresponding cost of sales adjustments.
  • Update all Inventory reserve files and book appropriate changes to reserve account.
Qualifications: Required Skills, Education, and Experience
  • Bachelor’s degree required in either accounting or finance.
  • 5 years of related experience in a manufacturing environment
  • Previous experience as Cost Accountant
  • Experience within a growth, outcome based and execution focused organization is a plus.
  • Excellent communication skills and ability to translate financial results into operational recommendations.
  • Previous experience with managing fixed assets reports a plus.

Job Summary

JOB TYPE

Full Time

SALARY

$82k-100k (estimate)

POST DATE

08/04/2023

EXPIRATION DATE

05/12/2024

Show more

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The following is the career advancement route for Cost Accountant positions, which can be used as a reference in future career path planning. As a Cost Accountant, it can be promoted into senior positions as a Cost Accountant III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Cost Accountant. You can explore the career advancement for a Cost Accountant below and select your interested title to get hiring information.

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