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As part of the Global Microbiology Costing team, you will be responsible for all cost accounting and inventory activities for the NA manufacturing sites. Working closely with the regional controller and site operations finance leads, this role will drive global best practices and standardize processes across all NA manufacturing sites.
How will you make an impact?
You will work to build a world class cost accounting organization by developing and deploying consistent methods of establishing standard costs, variance analysis and reporting. You will be an integral part of the global cost accounting organization, partnering with supply chain, sourcing, site operations, and operational improvement leaders to drive critical metrics.
Principal Responsibilities:
Standard Costing:
For the NA region, lead all aspects of the annual standard cost update.
Work with the supply chain and sourcing functions to establish accurate materials costs.
Determine the direct labor and overhead rates for the forecasted year by working with the site finance leader and applying a standardized methodology across all sites.
Oversee the annual update in the SAP ERP system and compute the inventory revaluation adjustment.
Prepare an analysis of year over year variances for both material and labor/overhead costs.
Communicate updated standard costs by SKU to the commercial group for use in timely updates to product pricing.
Prepare and roll standard costs for new items as needed in a timely manner.
Support new product introduction (NPI) efforts by performing cost modeling of proposed new products.
Monthly Closing:
Oversee the month end inventory detail report generation out of the SAP EPR system.
Calculate excess and obsolescence reserve adjustments
Calculate the accrual and reserves for inventory at risk such as blocked stock and expiry.
Prepare monthly journal entries for the capitalization of purchase price, material usage, and net absorption variances.
Reconcile the cost of sales transactions between material transactions and general ledger.
Prepare monthly production volumes reporting (standard hour and units produced).
Other:
Support the annual physical inventories and cycle count programs at each site.
Support periodic audits of bills of materials.
Drive standardized daily/weekly metrics reporting for inventory scrap, materials usage, and purchase price variances.
Generate daily production volumes reports (standard hours/units).
How you will get here:
Education:
Four-year college degree in Accounting or Finance.
Experience:
3-5 years of standard cost accounting experience in a manufacturing environment.
Knowledge, Skills, Abilities:
Strong technology skills, including proficiency with Microsoft Office application and SAP ERP systems (preferred).
Communications Skills: Ability to communicate effectively with all levels of personnel to get cooperation for solution.
Attention to detail
Full Time
Investment Management
$75k-94k (estimate)
03/17/2024
05/16/2024
intellswift.com
FREMONT, CA
25 - 50
2001
Private
LADDI S JHUTY
<$5M
Investment Management
Intelliswift Software provides enterprise application, collaboration, mobility and cloud computing solutions.
The job skills required for Cost Accounting Analyst include Accounting, Cost Accounting, Communicates Effectively, Microsoft Office, Purchasing, Supply Chain, etc. Having related job skills and expertise will give you an advantage when applying to be a Cost Accounting Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Cost Accounting Analyst. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Cost Accounting Analyst positions, which can be used as a reference in future career path planning. As a Cost Accounting Analyst, it can be promoted into senior positions as a Cost Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Cost Accounting Analyst. You can explore the career advancement for a Cost Accounting Analyst below and select your interested title to get hiring information.