What are the responsibilities and job description for the Cost Accountant position at American Axle & Mfg., Inc.?
Job Posting Title
Cost AccountantJob Description Summary
At Dauch, our Cost Accountants directly support the controller in carrying out responsibilities of the finance department. Cost Accountants determine and implement cost-accounting procedures and methods, prepare and analyze cost reports and audits, and examine unusual cost records to ensure data is allocated accurately.Job Description:
- Determine and implement cost accounting procedures and methods aligned with industry best practices.
- Prepare and analyze cost reports and conduct regular costing audits to ensure accuracy and compliance.
- Examine unusual cost records and ensure proper allocation of cost data across departments and products.
- Establish standard costs for new products in collaboration with engineering and production teams.
- Monitor and report on cost variances, including material, labor, and overhead.
- Perform accounting for price variances and overhead recovery on a regular basis.
- Provide detailed analysis of cost drivers and trends to support operational efficiency and profitability.
- Assist in preparing financial reports and forecasts related to cost performance.
- Work closely with manufacturing, purchasing, and engineering teams to understand cost structures and changes, ensuring requisitions are properly coded.
- Support internal audits and external financial reviews related to cost accounting.
- Other relevant duties as assigned
Required Skills and Education
Completed Bachelors degree with major in Accounting, Business Administration, or Finance or related field
2 years experience in a finance role within a manufacturing environment
Strong understanding of standard costing, variance analysis, and overhead allocation
About Dauch:
Dauch Corporation is a premier Driveline and Metal Forming supplier serving the global automotive industry with a powertrain-agnostic product portfolio that supports electric, hybrid, and internal combustion vehicles. The company is headquartered in Detroit, MI, with operations that span 24 countries and more than 175 locations. Formed through the acquisition of Dowlais Group plc and its subsidiaries - GKN Automotive and GKN Powder Metallurgy, Dauch unites deep engineering roots with global manufacturing capabilities and an entrepreneurial spirit to move mobility forward. Visit www.dauch.com to learn more.
Dauch will not discriminate against any Associate or applicant for employment because of age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law. Dauch will take affirmative action to ensure that applicants are employed, and that Associates are treated equally during employment, without regard to their age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law. For the Disabled Job Seeker: We offer reasonable accommodations for qualified disabled individuals who are applicants for employment. To request assistance or accommodations, please e-mail TalentAcquisition@aam.com. Dauch is an equal opportunity/affirmative action employer.
AAM will not discriminate against any Associate or applicant for employment because of age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law. AAM will take affirmative action to ensure that applicants are employed, and that Associates are treated equally during employment, without regard to their age, race, color, gender, religion, weight, height, marital status, sexual orientation, genetic history or information, gender identity or expression, disability, protected veteran status, national origin, or other characteristic protected by law.