Description

Under the supervision of the Accounting Manager, The cost accountant position is accountable for the ongoing analysis of process constraints, target costing projects, margin analysis, and tracing costs back to underlying activities. The cost accountant must also construct and monitor those cost-effective data accumulation systems needed to provide an appropriate level of costing information to management.

Requirements

Essential Functions & Responsibilities

This list of functions and responsibilities is not all inclusive and may be expanded to include other duties and responsibilities, as management may deem necessary from time to time.

1. Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor.

2. Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost

3. Analyzing actual manufacturing costs and preparing periodic reports comparing estimated costs to actual production costs

4. Performing and analyzing audits of costs and preparing reports

5. Making estimates of new and proposed product costs

6. Providing management with reports specifying and comparing factors affecting profitability of products or services.

7. Maintaining Cost Accounting System

8. Assisting in Month end close of the General Ledger including the preparation of journal entries

9. Monitoring cycle count program

10. Reconciling raw material, work-in-process and finished goods inventories

11. Ensuring that shop orders are closed appropriately

12. Conducting inventory reserve analysis monthly

13. Preparing percentage of completion analysis on applicable orders

14. Maintaining fixed asset system

15. Analyzing capital budgeting requests and monitoring capital expenditures

16. Analyzing the production departments’ expenses

17. Other duties as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and Experience

1. A minimum of an BA/BS Degree in accounting and 3 years experience in cost accounting is required.

2. Job costing experience required.

Job Knowledge, Skills and Abilities

1. Ability to communicate effectively with stakeholders of the organization, which requires excellent written and oral communications skills.

2. Proficient in the use of Microsoft Office, with advanced proficiency in the use of Excel.

3. Proficient in the use of data query tools.

4. Ability to work independently and prioritize work.