What are the responsibilities and job description for the Cost Accountant position at Korn Ferry?
Job Title: Cost Accountant
Company - Our client is a rapidly growing consumer products manufacturer. This is a fully integrated global company that is an award-winning category leader across multiple product lines.
Job Summary:
The Cost Accountant plays a critical role in supporting inventory and cost accounting operations within a manufacturing environment. This position assists with monthly close activities, cost variance analysis, inventory reconciliations, and financial reporting to help ensure accurate product costing and financial statement integrity.
The ideal candidate is detail-oriented, collaborative, and eager to learn, with a solid understanding of accounting principles and an interest in developing expertise in cost accounting and inventory operations.
Responsibilities/Essential Duties:
- Assist with recurring inventory accounting procedures, including variance tracking, inventory valuation, and cost allocations.
- Support preparation of monthly close schedules comparing standard costs to actual production costs.
- Assist in analyzing manufacturing costs and identifying basic cost variances.
- Support period-end accounting close activities to ensure timely completion.
- Prepare journal entries under supervision and assist with monthly reports.
- Assist with balance sheet account reconciliations (e.g., inventory, accruals) using OneStream.
- Support planning and coordination of physical inventory counts with warehouse personnel and auditors.
- Collaborate with cross-functional teams to gather information for cost analysis and reporting
- Assist in preparing audit support documentation for internal and external auditors.
- Help maintain documentation to support internal controls and compliance requirements.
- Contribute to process improvement initiatives within the accounting team.
- Prepare data and other supporting information requests as needed for audits and reviews conducted by internal and external auditors.
Basic Qualifications:
- Bachelor’s degree in accounting (or equivalent).
- 2 years of industry or audit experience in inventory operations and cost accounting.
- Knowledge in applying standard cost model, absorption accounting, variance analysis.
- Experience with ERP systems and Excel skills (pivot tables, VLOOKUP/XLOOKUP, basic formulas).
Compensation: $75,000 - $85,000
SE: 510787027
Salary : $75,000 - $85,000