Cost Accountant:
Job Duties:
- Standard cost system analysis and management including the following activities:
- Develop standard costs to be used for our products.
- Maintain cost database that includes performing monthly cost updates and reviewing bills of material.
- Cost all machine shipments and forecasted cost of goods sold to be used for monthly forecasts.
- Analyze and record monthly Purchase Price Variance, Scrap expense and other inventory entries.
- Review monthly manufacturing variances for reasonableness and resolve any reporting errors discovered.
- Analyze product warranty expenses and calculate monthly provision.
- Work with Operations to evaluate, develop and implement reports to be used by management for product line analysis.
- Provide support and assistance in the development of lean manufacturing processes.
- Provide support and assistance on special cost projects and teams.
- Inventory analysis and reporting including the following activities:
- Review cycle counting results.
- Review monthly book inventory to the perpetual records and explain any differences.
- Review obsolescence accrual.
- Develop year-end LIFO information.
- Assist in the monthly closing/forecasting activities and in the development of the Annual Operating Plan and labor rate calculations.
- Be available to assist other divisions on temporary assignment as required.
- Perform other duties, assignments, and special projects that may be required from time to time.
This description should not be construed to contain every function/responsibility that may be required to be performed by an incumbent in this job. Incumbents are required to perform other related functions as assigned.
Competencies:
Customer Focus -
Is dedicated to meeting the expectations and requirements of internal and external customers; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect.
Ethics and Values -
Adheres to an appropriate (for the setting) and effective set of core values and beliefs during both good and bad times; acts in line with those values; rewards the right values and disapproves of others; practices what he/she preaches.
Interpersonal Savvy -
Relates well to all kinds of people-up, down, and sideways, inside and outside the organization; builds appropriate rapport; builds constructive and effective relationships; uses diplomacy and tact; can diffuse even high-tension situations comfortably.
Personal Learning -
Picks up on the need to change personal, interpersonal, and managerial behavior quickly; watches others for their reactions to his/her attempts to influence and perform and adjusts; seeks feedback; is sensitive to changing personal demands and requirements and changes accordingly.
Action Oriented -
Enjoys working hard; is action oriented and full of energy for the things he/she sees as challenging; not fearful of acting with a minimum of planning; seizes more opportunities than others.
Creativity -
Comes up with a lot of new and unique ideas; easily makes connections among previously unrelated notions; tends to be seen as original and value-added in brainstorming settings.
Functional/Technical Skills -
Has the functional and technical knowledge and skills to do the job at a high level of accomplishments.
Informing -
Provides the information people need to know to do their jobs and to feel about being a member of the team, unit, and/or the organization; provides individuals information so that they can make accurate decisions; is timely with information.
Learning on the fly -
Learns quickly when facing new problems; a relentless and versatile learner; open to change; analyses both successes and failures for clues to improvement; experiments and will try anything to find solutions; enjoys the challenge of unfamiliar tasks; quickly grasps the essence and the underlying structure of anything.
Planning -
Accurately scopes out length and difficulty of tasks and projects; sets objectives and goals; breaks down work into the process steps; develops schedules and task/people assignments; anticipates and adjusts for problems and roadblocks; measures performance against goals; evaluates results.
Problem Solving -
Uses rigorous logic and methods to solve difficult problems with effective solutions; probes all fruitful sources for answers; can see hidden problems; is excellent at honest analysis; looks beyond the obvious and doesn’t stop at the first answers.
Timely Decision Making -
Makes decisions in a timely manner, sometimes with incomplete information and under tight deadlines and pressure; able to make a quick decision.
Conflict Management -
Steps up to conflicts, seeing them as opportunities; reads situations quickly; good at focused listening; can hammer out tough agreements and settle disputes equitably; can find common ground and get cooperation with minimum noise.
Priority Setting -
Spends his/her time and the time of others on what’s important; quickly zeroes in on the critical few and puts the trivial many aside; can quickly sense what will help or hinder accomplishing a goal; eliminates roadblocks; creates focus.
Minimum Qualifications (Education and/or Background)
Bachelor’s degree in accounting
Three to five years of cost accounting experience in a manufacturing environment
MBA, CMA or CPA recognition is a plus
Experience in financial and SOX audits, budgeting and year end closings
MS Office skills, particularly Excel
MRP system experience
Strong written and verbal communications skills
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.
