Cost Accountant Supervisor

Title: Cost Accounting Supervisor Job Summary:

As part of the Accounting Department, the Cost Accounting Supervisor is the lead resource managing all aspects of Product Costing, Work Order Closure Gains/Losses, Metal Management programs including refining relationships, metal locks and metal inventory accuracy for all locations. The role is supported by a dedicated Cost Accountant and Metal accountant.

Supervisory Responsibilities: Metals Accountant, Cost Accountant and Inventory Control Specialist

Duties/Responsibilities:

Inventory Costing and Controls:

• Manage annual cost revaluation.
• Investigate job order variances and provide Plant Managers with insight into minimizing all production variances (materials, labor and overhead).
• Monitor all aspects of scrap inventory from identification on Job Order to proper barrel designation.
• Manage monthly metals reconciliation to the ledger and bank balances.
• Coordinates annual physical inventory counts as needed.
• Establish annual cycle count schedule for each location and ensure plants’ compliance with the company’s Cycle Count Policy.
• Investigate Metal gains and losses through the inventory control personnel under the cycle count program and Work Order management for all locations.
• Manage quarterly Excess and Obsolete inventory reviews and ensure proper approvals of scrap disposition.
• Work with applicable personnel to update item masters as necessary.
• Roll standard cost for individual items as needed.
• Assist plant managers with improvement of Metal turns and timeliness of scheduled metal cleanouts.
• Participate in controlling Bill of Material set-up as it relates to costs.
• Assist plant managers with understanding labor discrepancies from routers.
• Create a process for inventory adjustments review and approval.
• Review various inventory transactions in the M2M system.
• Participate in new product introduction including items stage gate review process.
  
  
  

General Ledger and FP&A:

• Perform timely and accurate month-end close activities including journal entries and reconciliations.
• Provide supporting documents for an annual financial audit.
• Prepare and monitor quarterly forecasts and annual budget, ensuring alignment with organizational goals and accurate financial reporting.
• Validate budgeted headcount to production hours during annual budget process.
• Prepare various gross profit reports.
• Support program manager evaluation of product costs and review of gross margins.
• Participate in merger and acquisition activities.
• Product and customer level assessment.
• Other duties as assigned or required.
  
  
  

Required Skills/Abilities:

• Ability to navigate Job Costing/Inventory Control System.
• Command of various costing techniques.
• Strong Excel skills are crucial.
• Good written and oral communication skills with management and personnel are necessary.
• Ability to collaborate effectively across departments.
• Excellent problem-solving skills with a focus on attention to detail.
• An affinity for numbers is vital.
  
  
  

Experience & Education Requirements:

• Bachelor’s degree with a concentration in Accounting is required.
• Demonstrated knowledge of inventory control.
• Proven experience in manufacturing cost accounting, specifically standard costing.
• 3 years of experience in supervising others
• 5-10 years of experience in a manufacturing environment.
• Spanish speaker is a plus.
  
  
  

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer.
• Must be able to access and navigate each department at the organization’s facilities.
• Some domestic and international travel might be required.