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Overview
The cost accountant position is responsible for all aspects of Manufacturing and Production costing analysis and inventory for all business locations. The cost accountant is responsible for comparing standard cost to actual cost and identifying and explaining variances by customer, part number and production jobs. The cost accountant must also work closely with engineering and manufacturing personnel to resolve variances and adjust Bills of Materials (BOM’s).
Roles & Responsibilities
1. Develop and maintain cost accounting system that ensures accurate costing
2. Produce daily production, variance and ad hoc reports
3. Review and analyze standard and actual costs for variances and prepare reports
4. Update standard costs and ensure accuracy in the Bill of Materials (BOM’s)
5. Prepare, analyze and report monthly gross margin analysis by customer, part number and production jobs
6. Analyze changes in product design, raw materials, manufacturing methods, or services to determine effects on costs
7. Study and collect data to determine costs of business activities such as raw material purchases, inventory and labor
8. Responsible for account reconciliation of physical inventories and cycle counts
9. Prepare periodic inventory reserves reconciliation, analyzing inventory for risk, and monitoring with support from internal stakeholders
10. Assist in month-end and year-end closing by analyzing inventory and preparing supplemental reports as needed 11. Work on special projects as required
11. Must have knowledge and experience with INFOR LN (this is critical!!)
*Hybrid schedule with 1 day a week from home.
Job Type: Full-time
Pay: $26.00 - $36.00 per hour
Expected hours: 40 per week
Benefits:
Schedule:
Work Location: In person
Full Time
$73k-89k (estimate)
04/23/2024
08/20/2024
The job skills required for Cost Accountant include Analysis, Cost Accounting, Bill of Materials, Account Reconciliation, etc. Having related job skills and expertise will give you an advantage when applying to be a Cost Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Cost Accountant. Select any job title you are interested in and start to search job requirements.
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.