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Galaxy Infotech INC
Ayer, MA | Full Time
$76k-96k (estimate)
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Cost Analyst
$76k-96k (estimate)
Full Time 2 Days Ago
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Galaxy Infotech INC is Hiring a Cost Analyst Near Ayer, MA

The main responsibilities encompass managing the cost accounting system, analyzing and reporting on financial data, overseeing inventory, supporting audits, and improving accounting procedures.
Must Haves
  • At least 3 years' experience in general accounting and/or cost accounting within a manufacturing environment
  • Exposure to costing in MRP systems
Responsibilities
  • Create and manage the organization's cost accounting system, including all related documents and records.
  • Analyze trends in costs and variances, investigate significant discrepancies, and suggest suitable actions.
  • Conduct analyses of manufacturing costs and regularly produce reports that compare standard costs with actual production costs.
  • Engage actively in meetings related to new product development.
  • Estimate costs for new and proposed products.
  • Prepare monthly inventory reports and evaluate inventory reserve needs in collaboration with the Supply Chain team.
  • Oversee quarterly or bi-annual inventory audits, prepare related reports, and reconcile inventory results for management review.
  • Support the annual review and update of standard costs, including labor and overhead rates.
  • Execute month-end closing procedures as required.
  • Ensure the accuracy, reasonableness, and proper documentation of inventory account balances through general ledger account analysis and reconciliation.
  • Align engineering budgeted production standards with QuickBooks data.
  • Facilitate the work of external and internal auditors during semi-annual and annual audits and according to the internal audit schedule.
  • Work with other accounting staff to evaluate and enhance accounting systems and procedures, and provide training on new or revised processes.
  • Offer assistance to the accounts
Benefits
  • Medical, Dental, Vision Insurance
  • Group Life and Disability insurance
  • 401(k) with match
  • Paid Holidays
  • Biweekly profit-sharing contribution
  • PTO (Vacation and Sick Time)
  • Bonuses

Job Summary

JOB TYPE

Full Time

SALARY

$76k-96k (estimate)

POST DATE

05/28/2024

EXPIRATION DATE

10/14/2024

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The following is the career advancement route for Cost Analyst positions, which can be used as a reference in future career path planning. As a Cost Analyst, it can be promoted into senior positions as a Cost Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Cost Analyst. You can explore the career advancement for a Cost Analyst below and select your interested title to get hiring information.