What are the responsibilities and job description for the Cost Accountant position at ASSA ABLOY Group?
SUMMARY: Develop, maintain, and analyze cost accounting system and projects and provide information to management that will assist them in making decisions concerning manufacturing processes, cost savings projects and cost improvements.
ESSENTIAL DUTIES AND RESPONSIBILITIES include, but not limited to the following:
SUPERVISORY RESPONSIBILITIES: None
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.
PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This position may require sitting for long periods in an office environment. This position requires daily dexterity in performing keyboarding skills and close interaction with computer equipment.
WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Functions of this position will be performed in a manufacturing environment with high noise levels.
We are the ASSA ABLOY Group
Our people have made us the global leader in access solutions. In return, we open doors for them wherever they go. With nearly 63,000 colleagues in more than 70 different countries, we help billions of people experience a more open world. Our innovations make all sorts of spaces – physical and virtual – safer, more secure, and easier to access.
As an employer, we value results – not titles, or backgrounds. We empower our people to build their career around their aspirations and our ambitions – supporting them with regular feedback, training, and development opportunities. Our colleagues think broadly about where they can make the most impact, and we encourage them to grow their role locally, regionally, or even internationally.
As we welcome new people on board, it’s important to us to have diverse, inclusive teams, and we value different perspectives and experiences.
ESSENTIAL DUTIES AND RESPONSIBILITIES include, but not limited to the following:
- Become familiar with the current JDE system as to which files contain certain data that can be extracted and formatted unto useful information from which decisions can be made
- Prepare reports, identify costing and/or procedural problems through bill auditing, inventory analysis and observation of paperwork flow
- Perform time studies and audit bill of materials and routings, with Product Engineering and Industrial Engineering to correct standards
- Develop skills to enhance the Department's knowledge through query accessibility
- Analyze monthly material, labor, and overhead manufacturing variances and identify areas requiring improvement in the manufacturing processes by comparing actual cost to standard
- Develop and manage assigned accounting systems and projects such as standard development and physical inventory by using actual and historical data to provide more accurate product cost
- Analyze Work Order cost, hours and quantities, and make corrections when needed
- Propose methods of increasing the accuracy of our inventory accounting and financial reporting by reviewing current costing methods, controls and procedures and initiating special analysis
- Make inventory adjustments and assist Inventory Control Specialist
- Work closely with production floor management representatives in analyzing questionable production/support practices by spending some time in production and support areas
- Actively participate in the annual physical inventory by being available in whatever area in the plant requires accounting assistance
- Support month-end closing and all reporting activities supported by Cost Accounting
- Purchasing/supply chain management support
SUPERVISORY RESPONSIBILITIES: None
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.
- Bachelor degree with major in Accounting with
- 2 to 5 years cost accounting experience in a manufacturing environment in a high SKU environment, demonstrating the ability to handle large fluctuations in raw material costs and production levels.
- Systems experience: Extremely strong Excel skills; experience with ERP systems (JD Edwards preferred); experience with reporting tools (Qlik or Business Objects or Power BI); proficiency with other MS Office products (Word, PowerPoint, Outlook)
- Excellent verbal and written communication skills and ability to interact with various levels within the organization including senior leadership
- Excellent analytical skills and aptitude for problem solving, including data analysis, and validation, with a strong attention to detail
- Ability to maintain confidentiality of sensitive business information
PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This position may require sitting for long periods in an office environment. This position requires daily dexterity in performing keyboarding skills and close interaction with computer equipment.
WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Functions of this position will be performed in a manufacturing environment with high noise levels.
We are the ASSA ABLOY Group
Our people have made us the global leader in access solutions. In return, we open doors for them wherever they go. With nearly 63,000 colleagues in more than 70 different countries, we help billions of people experience a more open world. Our innovations make all sorts of spaces – physical and virtual – safer, more secure, and easier to access.
As an employer, we value results – not titles, or backgrounds. We empower our people to build their career around their aspirations and our ambitions – supporting them with regular feedback, training, and development opportunities. Our colleagues think broadly about where they can make the most impact, and we encourage them to grow their role locally, regionally, or even internationally.
As we welcome new people on board, it’s important to us to have diverse, inclusive teams, and we value different perspectives and experiences.