What are the responsibilities and job description for the Cost Accountant position at EIS Wire & Cable Inc.?
If you are a cost accountant with experience in a manufacturing environment, this job could be for you!
EIS Wire and Cable's long history of engineering expertise and manufacturing excellence has resulted in strong and lasting business relationships with customers in a wide range of diverse industries. Our customers can count on the quality, service, and attention to evolving needs that they would expect of a manufacturing partner. Today, EIS Wire and Cable Company operates a modern 125,000 sq. ft. facility based in Western Massachusetts and specializes in manufacturing a wide range of custom design and standard construction products-from single conductor hook-up wire to complex multi conductor composite cables.
Summary/Objective
Responsible for developing and sustaining system tools and processes to consistently monitor, analyze, and illustrate opportunities to reduce waste, increase gross margin, and ensure accurate valuation of inventory.
Essential Functions
EIS Wire and Cable's long history of engineering expertise and manufacturing excellence has resulted in strong and lasting business relationships with customers in a wide range of diverse industries. Our customers can count on the quality, service, and attention to evolving needs that they would expect of a manufacturing partner. Today, EIS Wire and Cable Company operates a modern 125,000 sq. ft. facility based in Western Massachusetts and specializes in manufacturing a wide range of custom design and standard construction products-from single conductor hook-up wire to complex multi conductor composite cables.
Summary/Objective
Responsible for developing and sustaining system tools and processes to consistently monitor, analyze, and illustrate opportunities to reduce waste, increase gross margin, and ensure accurate valuation of inventory.
Essential Functions
- Collaborate with Engineering, Purchasing, and Operations to maintain the accuracy and reliability of BOMs and Routings
- Investigates, analyzes and illustrates costs and variances; Manufacturing, Raw Materials, Freight, Inventory, and Labor utilization to fully understand and target opportunities across the facility.
- Drive root cause analysis and innovative problem-solving which impact our costs across the organization.
- Prepares journal entries, account reconciliations, and analysis for all inventory related activities including material consumption, labor and overhead.
- Performs settlement process to cost inventory production
- Assists in the development of direct labor and overhead rates used for annual standard cost rolls.
- Assists in preparation of cost/pricing data used for government contract negotiations in accordance with FAR/DFAR regulations
- Follows company policies and practices as outlined in the Employee Handbook and/or applicable employment agreement.
- Follows safety guidelines and procedures in accordance to the job.
- Assist in development of Financial Controls related to costing requirements across all departments
- 4-year degree in accounting/finance
- 5 year experience in cost accounting
- Proficiency in Microsoft Excel and Access
- Able to interact effectively and cooperatively with employees at all levels
- Able to operate in a fast-paced environment and handle multiple projects simotaneously
- Self-motivated individual with critical thinking atributes
- Experience with FAR/DFAR regulations including ITAR, PIEE, CAS, SAM
- Familiar with PowerBI is a plus
- Medical (EIS funds 100% of the deductibles & 80% of premiums)
- Dental
- Vision
- 401(k)
- 401(k) matching
- Employee assistance program
- Flexible spending account
- Life insurance - Company paid
- Paid time off (Holidays, vacation, sick, personal, birthday)
- Referral program
- Tuition reimbursement
- Bonus Incentives