What are the responsibilities and job description for the Cost Accountant position at Locweld - A Stella-Jones Company?
Stella-Jones is a leading manufacturer of essential infrastructure products focused on serving utilities and railroads, as well as supplying big box home improvement stores across North America. Headquartered in Montreal, Canada and publicly traded on the Toronto Stock Exchange, Stella-Jones operates a vast network of facilities that employs more than 3,000 employees across the United States and Canada. Built on strong foundations with a coast-to-coast reach, we offer real opportunities for career success and community impact.
The Cost Accountant performs a variety of tasks to support the Cost Accounting Manager in ensuring the accuracy of financial records. The position is primarily responsible for the cost accounting function and ensuring the accuracy of inventory records. Other key responsibilities include, but are not limited to, reconciliation of general ledger accounts, month-end closing duties, posting journal entries, assisting with internal / external audits, supporting activities for periodic physical inventory counts, participating in the budget / forecast processes, maintenance of accounting records as assigned, ad-hoc reporting and analysis as needed.
Responsibilities
Cost Accounting
As a Stella-Jones employee, you will have access to excellent benefits and incentives including:
The Cost Accountant performs a variety of tasks to support the Cost Accounting Manager in ensuring the accuracy of financial records. The position is primarily responsible for the cost accounting function and ensuring the accuracy of inventory records. Other key responsibilities include, but are not limited to, reconciliation of general ledger accounts, month-end closing duties, posting journal entries, assisting with internal / external audits, supporting activities for periodic physical inventory counts, participating in the budget / forecast processes, maintenance of accounting records as assigned, ad-hoc reporting and analysis as needed.
Responsibilities
Cost Accounting
- Update and maintain standard costs and rate models.
- Regular analysis of production variances, planned material prices, standard production activity rates, and overhead allocation rates. Prepare proposed updates with input from Operations and Procurement teams.
- Coordinate updates to planned material prices, production activity rates, and overhead allocation rates in SAP with the Director of Accounting and Master Data Team.
- Prepare, analyze, and post costing runs in SAP.
- Provide guidance to Master Data and Operations teams with Bill of Material and Routing setups.
- Participate in the budget / forecast processes by calculating planned costs, performing analysis as needed, and providing costing estimates to the Financial Analyst.
- Regular review of inventory records to ensure accuracy, perform analysis to reconcile any discrepancies.
- Posting of complex / non-routine inventory transactions as needed.
- Participate in periodic physical inventory counts by assisting with coordination, providing administrative support, and performing variance analysis.
- Perform account reconciliation and analysis.
- Prepare and post journal entries.
- Participate in the month-end / quarter-end / year-end processes by performing tasks as assigned.
- Assist during internal / external audits by responding to queries from auditors and providing documentation as requested.
- Perform other duties as assigned.
- Bachelor's or Master's degree in Accounting or Finance required
- Two (2) or more years of accounting work experience required
- Accounting experience in a Manufacturing environment highly preferred
- Cost Accounting experience highly preferred
- Manufacturing industry and SAP Actual Costing experience are strongly desired.
- Proficiency in English, spoken and written
- Effective interpersonal and communication skills
- Strong accounting knowledge
- Attention to detail, monitor and check work or information
- Respects and adheres to ethical principles regarding data protection and confidentiality
- Strong analytical and organizational skills
- Time and stress management
- Proficient with Accounting Systems as well as Microsoft Office
As a Stella-Jones employee, you will have access to excellent benefits and incentives including:
- The security of working for a company designated as an essential workplace
- Comprehensive total benefits package with 3 medical plans to choose from
- Several company-paid benefits including:
- Dental and Vision coverage
- Life insurance and Accidental Death & Dismemberment (AD&D) policies
- Long-Term Disability Coverage
- Access to a robust employee assistance program
- Competitive compensation
- Annual bonus program opportunity
- 401(k) savings plan with generous Company match (150% on the first 4% deferred)
- 2 weeks paid vacation and 9 holidays
- Career advancement opportunities
- Ability to purchase Company stock