Cost Analyst

Ayer, MA (On site)

Compensation: $61,000 - $70,000/Year

Specialized Recruiting Group - Boxborough, MA

Skills: cost accounting

The main responsibilities encompass managing the cost accounting system, analyzing and reporting on financial data, overseeing inventory, supporting audits, and improving accounting procedures.

MUST HAVES:

• At least 3 years' experience in general accounting and/or cost accounting within a manufacturing environment
• Exposure to costing in MRP systems

NICE TO HAVE:

• Bachelor's degree in accounting, Finance, or other related discipline
• SAP or other similar software experience

RESPONSIBILITIES:

• Create and manage the organization's cost accounting system, including all related documents and records.
• Analyze trends in costs and variances, investigate significant discrepancies, and suggest suitable actions.
• Conduct analyses of manufacturing costs and regularly produce reports that compare standard costs with actual production costs.
• Engage actively in meetings related to new product development.
• Estimate costs for new and proposed products.
• Prepare monthly inventory reports and evaluate inventory reserve needs in collaboration with the Supply Chain team.
• Oversee quarterly or bi-annual inventory audits, prepare related reports, and reconcile inventory results for management review.
• Support the annual review and update of standard costs, including labor and overhead rates.
• Execute month-end closing procedures as required.
• Ensure the accuracy, reasonableness, and proper documentation of inventory account balances through general ledger account analysis and reconciliation.
• Align engineering budgeted production standards with QuickBooks data.
• Facilitate the work of external and internal auditors during semi-annual and annual audits and according to the internal audit schedule.
• Work with other accounting staff to evaluate and enhance accounting systems and procedures, and provide training on new or revised processes.
• Offer assistance to the accounts

Screening Questions:

1.) Please provide the link to candidate's LinkedIn profile:

2.) What is the candidate's highest level of education?

3.) Has the candidate applied or been interviewed for any role with this company in the past? If so, please provide details.

4.) What is the candidate's desired total compensation? (Please specify base salary vs. commission/bonus expectation)

5.) Where is the candidate located? If candidate is not near the job location, please explain relocation plan in detail (e.g. timeline, relocating with family, selling/buying property)

6.) Is the candidate legally authorized to work in the US for any employer?

7.) What is the candidate's experience with costing in MRP systems?

8.) What is the candidate's experience with general accounting and/or cost accounting within a manufacturing environment?

BENEFITS:

• Medical, Dental, Vision Insurance
• Group Life and Disability insurance
• 401(k) with match
• Paid Holidays
• Biweekly profit-sharing contribution
• PTO (Vacation and Sick Time)
• Bonuses