Cost Accountant

Position Description:

This role involves executing and managing all aspects of cost accounting and inventory valuation functions within the organization. Responsibilities encompass the maintenance of accurate product costs, management of inventory lifecycles (Raw, WIP, and FG), undertaking variance analysis, maintaining the general ledger, and providing critical data to support manufacturing efficiency.

Principal Responsibilities:

· Develop and maintain accurate standard costs for materials, labor, and overhead, ensuring regular updates and audits of multi-level Bills of Materials (BOMs) and production routings.

· Manage the end-to-end inventory accounting process for Raw Materials, Work-in-Process (WIP), and Finished Goods.

· Execute monthly inventory reconciliations between the sub-ledger and the general ledger to ensure precision and integrity.

· Analyze and report on manufacturing variances, including Material Usage, Labor Efficiency, and Overhead Absorption.

· Maintain fixed asset records and ensure capital spending adheres to corporate policies and GAAP standards.

· Guarantee the meticulous logging of all capital expenditure requests, including formal approvals.

· Collaborate with production teams on inventory control, cycle counting, and the identification of excess or obsolete (E&O) stock.

· Execute monthly financial closing processes by preparing statements, reports, and journal entries related to inventory and cost of goods sold (COGS).

· Develop revenue projections and expense forecasts based on production capacity and historical cost data.

· Verify the precision and integrity of cost accounting reports and systems, recommending enhancements to internal controls.

· Identify and resolve accounting variations, audit discrepancies, and inventory valuation issues.

• Maintain a clean and safe work area.
• Maintain compliance with company safety policies by adhering to all established safety protocols and ESD procedures to protect sensitive electronic components.
• Demonstrate strong verbal and written communication skills in English.
• Computer literacy is essential, along with the ability to read, write, review, and approve documentation.
• Participate in company-sponsored and specialized training programs to enhance skills and professional development.
• The job description is not exhaustive and may include additional duties as assigned and as business needs dictate.

Essential Responsibilities:

· Extensive experience within the manufacturing industry and mastery of inventory reconciliation (Raw, WIP, and FG) is required.

· Comprehensive understanding of Generally Accepted Accounting Principles (GAAP) as applied to cost accounting.

· CMA certification is preferred.

· Demonstrated proficiency in both written and oral communication.

· Meticulous attention to detail and strong analytical abilities.

· Expertise in Microsoft Excel & Google Applications

· Minimum 3-5 years of technical cost accounting experience in a manufacturing environment is required.

Desired Qualifications:

· Bachelor’s degree in accounting, finance, or a related field; or 10 years of experience within the manufacturing accounting field.

· Exceptional knowledge of budgeting, cost accounting, and cost control principles.

· Proficiency with ERP software systems and experience with system implementations or cost-module optimizations.

· Analytical ability to develop and implement improvements for manufacturing efficiency.

· Excellent computer skills; experience in accounting software and Microsoft Office Suite; Access, database, or other system knowledge

· Able to work well with senior executives and team, as well as mentor/lead other team members

Physical Demands & Work Environment:

Physical Requirements: Employees are required to regularly alternate between sitting, standing, and walking, contingent upon the demands of each job or task. Responsibilities include bending, pushing, and pulling equipment throughout the facility, in addition to the occasional operation of various warehouse machinery. Computer proficiency is essential, necessitating extended periods of sitting while utilizing computer and telephone systems. Employees should anticipate dedicating the majority of their work hours to computer-related tasks.

This position demands significant stamina for the effective execution of job duties. The role requires consistent engagement in diverse physical tasks throughout each workday, including but not limited to:

· Mobility: Frequent walking and sitting with the adaptability to transition between positions as necessary.

· Balance: Maintaining equilibrium during activities.

· Ascent: May require climbing ladders and stairs.

· Floor-Level Operation: Crawling and crouching for access and task completion.

· Operation: Driving when necessary for job-related tasks.

· Knee Work: Kneeling as needed.

· Lifting: Lifting, carrying, pushing, and pulling materials, with a capacity of up to 60 pounds.

· Reach: Extending arms and torso to various heights, encompassing below, at, and above shoulder level.

· Repetition: Engaging in repetitive motions involving the hands, arms, and other body parts.

· Pushing/Pulling: Pushing or pulling carts, trays, equipment, tools, etc. in accordance to job needs.

Work Environment: Our manufacturing facility prioritizes a positive, supportive, and safe atmosphere. We maintain a meticulously clean, temperature-regulated, and comfortable environment, enhanced by an overhead radio. Safety and organization are paramount, achieved through dedicated team efforts and active employee participation in maintaining high standards and identifying potential hazards. Each employee is assigned a dedicated workspace, fostering ownership and individual efficiency, which contributes to overall operational fluidity and allows our team to thrive.

Regular operating hours are established as 8:00 AM to 4:30 PM, Monday through Friday. Occasional weekend work may be required contingent upon business demands. Ability to be on-call and respond to facility issues outside of regular working hours is mandatory.

Solutions Manufacturing is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Work Location: In person