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Cost Accountant
Korrus Los Angeles, CA
$85k-104k (estimate)
Full Time | Scientific Services 7 Months Ago
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Korrus is Hiring a Cost Accountant Near Los Angeles, CA

About Us:

Korrus is a Los Angeles-based technology company and pioneer in Human Light Interaction (HLI), the next frontier in human health and wellness. Our technologies enable an ecosystem of novel products and applications at the intersection of light and wellbeing. We operate through a collection of sub-brands with specific market segment mandates.

Learn more at Korrus.com. 

Primary Role and Responsibility:

  • Maintain ownership of cost of goods sold and gross invoice margin.
  • Work with operations to ensure standard cost is updated.
  • Review and update allocations between product families
  • Review and work with operations to ensure targets are met on gross invoice margin and related cost controls.
  • Analyze payroll and contractor labor levels between product families in relation to production capacity.
  • Analyze shipping and PPV variances and work with operations to understand discrepancies and work to identify corrections.
  • Prepare necessary journal entries to properly allocate between product families.
  • Inventory Management/Physical Inventories
  • Teamwork with operations on management and control of physical inventories and cycle counts. Ensure proper control and processes are followed before, during and after inventory counts.
  • Review inventory transactions, prepare FIFO Analysis, prepare E & O Analysis, other monthly closing procedures.
  • Reporting
  • Prepare monthly reports on variances and discrepancies from forecasted budget numbers in production, operation, and general costs in relation to cost of goods sold and other allocated costs.
  • Various ad-hoc reporting on a monthly basis
  • Various analysis and research for product profitability and resourcing costs.
  • Process Improvements:
  • Assist in identifying processes and procedural improvements in operations/accounting/software systems.

Skill and Qualifications:

  • Bachelor’s Degree in finance or accounting
  • Minimum of 4-5 years of experience in cost accounting and/or or general ledger accounting
  • Strong financial analysis skill
  • Advanced excel skills, including pivot tables, graphs, vlookups, sumif’s, etc.
  • Detailed oriented person who works efficiently and accurately.
  • Collaboration and experience working with teams.
  • Netsuite experience preferred.

Proof of Covid-19 vaccination required as a condition of employment. Exemptions may be sought for documented medical conditions and sincerely held religious beliefs.

All qualified applicants will receive equal consideration for employment without regard to race, color, national origin, religion, sex, pregnancy, marital status, sexual orientation, gender identity, age, physical or mental disability, or covered veteran status.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Scientific Services

SALARY

$85k-104k (estimate)

POST DATE

09/29/2022

EXPIRATION DATE

01/06/2023

WEBSITE

www.korrus.com

HEADQUARTERS

Los Angeles, California

SIZE

100 - 200

CEO

Emmanuel Bibon

INDUSTRY

Scientific Services

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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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