What are the responsibilities and job description for the Cost Accountant position at Critical Fit Recruiting?
Cost Accountant - Colorado Springs, CO - Hybrid
DESCRIPTION:
We're looking for a Cost Accountant to provide analytical support for all activities and processes of the Leadership Team. Key processes include monthly close, monthly financial forecasts, annual operating plans, and compliance matters. Responsibilities also include: analysis and evaluation of the Plant’s monthly operating results, annual budgets, monthly production and financial forecasts, and weekly results reporting.
RESPONSIBILITIES:
- Deliver accurate and timely financial projections, forecasts, and analysis of relevant financial and operational information as required for the leadership team
- Maintains and updates cost database
- Develop systems/procedures for cost accounting and accumulation systems
- Determines fixed costs: salaries, rent, insurance
- Predicts, plans, and records variable costs such as purchases of raw material, labor, operation costs
- Reviews and analyzes actual costs to identify inaccuracies
- Reviews, analyzes and reports actual profit margins
- Determines and recommends cost-effective solutions
- Responsible for the COGS ensuring that accurate costing is applied in manufacturing based on the standard costing methodology
- Analyze and report on variances against standard costing; partner with manufacturing and engineering management to review results and take corrective actions
- Review of month end results: P&L, Gross Margin, including variance analysis
- Ad hoc financial analysis of financial and operating metrics to support business requirements
- Support Operations with Continuous Improvement (CI) initiatives and Appropriation Requests (AR) for capital spending.
- Open to assist in ad hoc assignments and support on general Finance tasks and Pricing tasks
- Perform other related duties as assigned
BACKGROUND PROFILE:
- Bachelor’s degree in Accounting, Finance, Mathematics or equivalent
- Minimum 3 years in an Accounting/ Finance role with 2 years in a manufacturing environment with strong emphasis on standard costing
- Experience in Pricing as Pricing specialist/analyst would be preferred but not required
- Highly Proficient in Excel, PowerPoint, and other Microsoft Office Suite tools.
- ERP systems experience required; Oracle – JD Edwards, Hubble preferred
- Must be able to promote and work in a highly collaborative environment
- Excellent verbal and written communication skills
- Excellent analytical and organizational skills, with close attention to detail
