Senior Cost Accountant

GENERAL SUMMARY OF POSITION:

The Senior Cost Accountant is responsible for product costing, product manufacturing analysis, analysis of equipment utilization, and inventory valuation. Additionally, this position supports monthly financial close, cycle counts, and physical inventory and ensures accurate financial postings occur. This role partners closely with our Supply Chain and Operations teams to provide critical support in ensuring compliance with US GAAP and related accounting rules.

CORE & ESSENTIAL FUNCTIONS:

TASKS:

• Ensure inventory costing policies are clearly defined and consistently implemented
• Perform cost variance analysis and maintain accurate costing records
• Develop and execute a review process for inventory adjustments, including setting processes and approval thresholds, developing a reporting and review process, and actively reviewing and approving inventory/in-process adjustments
• Lead and coordinate periodic physical asset counts
• Support monthly financial close, inventory counts, and perpetual inventory accuracy
• Scrutinize costing and inventory transactional data in order to draw conclusions, interpret results, drive corrective actions, and make recommendations to Accounting leadership
• Analyze aging reports and review turnover of inventory/in-process materials for possible impairment and calculate any necessary reserves
• Provide an understanding of cost changes and the implications on standards and variances, as well as insight into costing trends for forward-looking analysis
• Assist in the improvement of processes and internal controls related to inventory
• Ensure all required journal entries and respective documentation are properly recorded
• Analyze manufacturing costs and prepare reports comparing standard costs to actual production costs
• Work cross-functionally to determine accurate costing estimates for new products and modifications of existing products
• Manage all new and existing items setup and accuracy in the ERP item master data including bill of materials (BOMs)
• Ensure accuracy of standard costs in the ERP, including periodic standard cost rolls
• Work closely and collaboratively across cross-functional teams whenever necessary
• Contribute to the outstanding reputation of the company by always putting the customer first, treating fellow associates with respect, and conducting business with the highest integrity
• All other duties as assigned

QUALIFICATIONS AND SKILLS:

3 years of accounting experience required, with at least 1 years being in a manufacturing, assembly, or inventory management environment. High school diploma or equivalent is required and a college degree in accounting or related field is preferred. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered. Demonstrated strong aptitude for problem-solving, accounting principles, documentation skills, research and resolution skills, data analysis, and multi-tasking. Must possess knowledge of applicable accounts payable/general ledger systems and procedures, financial chart of accounts, and corporate procedures. Detailed understanding of how supply chain flow and manufacturing processes interact with the general ledger. Must be strategic, results-oriented, and self-motivated. Must be able to work both independently and in a team environment. Ability to manage competing priorities and deliver first-time quality product within deadlines. Must possess excellent verbal and written communication skills. Ability to present and communicate at all levels of the business. Advanced Microsoft Excel skills required and proficiency in using Microsoft Office Suite applications; NetSuite ERP experience is preferred. Driving is a requirement for this position. Therefore, must have the ability to travel domestically via operating a motor vehicle and maintain a valid driver license and driving record which is acceptable to our insurance provider. Must have a vehicle in good working condition and ensure it meets all safety, insurance, and legal requirements. The ability to travel by plane and/or overnight travel may also be required.

EQUAL OPPORTUNITY EMPLOYER

Icon Protection, Inc. is an equal opportunity employer. All applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, ancestry, military status, protected veteran status, marital status, gender identity or expression, transgender status, citizenship, sexual orientation, age, disability, or any other legally protected characteristic under applicable law.