Senior Cost Accountant

POSITION SUMMARY

The Senior Cost Accountant will be the lead Finance individual on site and will ensure that all corporate and required accounting policies and procedures are documented and followed by the organization. The Senior Cost Accountant will be a key player in the monthly/quarterly/annual close and internal reporting processes, performing functions related to corporate accounting, with specific focus on accounting for inventory, cost accounting, cost of goods sold and gross margin analysis. The Senior Cost Accountant will embrace and execute the Company’s values and collaborate across departments to actively support the Company’s goals.

ESSENTIAL FUNCTIONS

Reasonable Accommodations Statement

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

Essential Functions and Key Responsibilities:

• Responsible to ensure the accounting process and compliance are followed at our Nordic, Grand Rapids facility.
• Responsible for participating in aspects of the monthly/quarterly/annual financial closing process as assigned.
• Perform journal entries and balance sheet account reconciliations in accordance with GAAP, ensuring timeliness, completeness, and accuracy
• Participate in the preparation of monthly financial statements in compliance with GAAP and related monthly financial statement analysis, including variance analysis and explanation.
• Responsible for inventory accounting practices, including:
• Month-end inventory reconciliations.
• Standard cost maintenance support and Bill-of-Material audits.
• Inventory cycle count support and physical inventories.
• Cost variance analysis, including purchase price variance (PPV) analysis.
• Inventory reserve analysis.
• Improvements and maintenance of internal controls over inventory.
• Support Accounts Payable and Receivable processes at the plant, as needed.
• Assist the Controller with warranty accounting and reserve analysis.
• Assist in the preparation of budgets, forecasts, and capital requests.
• Assist with intercompany balances and reconciliations.
• Assist the Controller with other duties and ad hoc projects as assigned.

Quality Responsibilities:

In daily work, a team member is responsible to maintain or exceed the degree of excellence requested by the internal and external customers at the site. This includes following established policies, business practices, and work instructions using problem solving techniques to solve root causes of problems and viewing quality as customer satisfaction. Team members are expected to take pride in their work, our Company and overall appearance.

Qualifications:

To perform this job successfully, a team member must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

POSITION QUALIFICATIONS

Competencies:

• Ethical – Ability to demonstrate conduct conforming to a set of values and accepted standards.
• Analytical Skills – Ability to use thinking and reasoning to solve a problem.
• Accountability – Ability to accept responsibility and account for his/her actions.
• Oral Communication – Ability to communicate effectively with others using the spoken word.
• Working Under Pressure – Ability to complete assigned tasks under stressful situations.
• Strategic Planning – Ability to develop a vision for the future and create a culture in which the long-range goals can be achieved.
• Self-Confident – The trait of being comfortable in making decisions for oneself.
• Risk Taker – Ability to take calculated risks or to stretch the limits of comfort zones.
• Leadership – Ability to influence others to perform their jobs effectively and to be responsible for making decisions.
• Financial Aptitude – Ability to understand and explain economic and accounting information, prepare and manage budgets, and make sound long-term investment decisions.
• Decision Making – Ability to make critical decisions while following company procedures.
• Change Management – Ability to encourage others to seek opportunities for different and innovative approaches to addressing problems and opportunities.
• Business Acumen – Ability to grasp and understand business concepts and issues.

SKILLS & ABILITIES

Education: Bachelor’s degree in Accounting or Finance or related field required.

Experience: 3 years of relevant accounting experience, manufacturing environment preferred. Proficient in inventory and cost accounting concepts. Public accounting experience.

Computer Skills: Proficiency in Microsoft Excel

Certificates & Licenses: CPA preferred

Other Requirements:

• Strong analytical and communication skills.
• Advanced proficiency in Microsoft Excel a must.
• Ability to prioritize multiple tasks.
• Strong sense of urgency, ownership and dedication to responsibilities and projects/tasks assigned.
• Comfortable working in a cross-functional team environment.