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Cost Accountant

Deringer Ney -
Bloomfield, CT

Quick Apply

Job Details

Full-time

Qualifications

Accounting systems
Cost accounting analysis
Spreadsheets
Bachelor's degree
Job order costing
Computer skills
Bachelor's degree in accounting

Full Job Description

Title: Cost Accountant

Job Summary:

As part of the Accounting Department, the Cost Accountant is a supporting resource managing Product Costing, Work Order Closure Gains/Losses, Metal Management programs including refining relationships, metal locks and metal inventory accuracy for all locations.

Supervisory Responsibilities: None

Duties/Responsibilities:

Inventory Costing and Controls:

Participate in the annual cost roll by reviewing material costs and calculating direct labor and overhead rates.
Prepare periodic job order variances reporting and assist with variance review.
Reconcile copper ledger scrap reporting to physical scrap.
Assist with monthly metals reconciliation to the ledger and bank balances.
Assist with annual physical inventory count as needed.
Calculate and report on cycle count accuracy and perform quarterly cycle count audits.
Assist in review of Metal gains and losses.
Prepare quarterly Excess and Obsolete inventory reports and coordinate scrap of obsolete items.
Update item Master in M2M system as necessary.
Roll standard cost for individual items as needed.
Prepare various inventory turn reporting (Metal turns, inventory turns) and labor reporting.
Investigate labor reporting errors; reconcile the Screw Machine Department scrap.
Perform various inventory transactions in the M2M system.
Monitor tooling job orders.

General Ledger and FP&A:

Perform timely and accurate month-end close activities including journal entries and reconciliations.
Provide support for an annual financial audit.
Participate in preparation of quarterly forecasts and annual budget.
Assist in validation of budgeted headcount to production hours during annual budget process.
Support the Cost Accounting Manager in review of margins and product costing.
Other duties as assigned or required.

Required Skills/Abilities:

Ability to navigate Job Costing/Inventory Control System.
Strong Excel skills are crucial.
Good written and oral communication skills with management and personnel are necessary.
Be neat and detail oriented.
An affinity for numbers is vital.

Experience & Education Requirements:

Bachelor’s degree with a concentration in Accounting is required.
Demonstrated knowledge of inventory control.
Demonstrated management of inventory movement controls and costing.
2-3 years of experience in a manufacturing environment.

Physical Requirements:

Prolonged periods of sitting at a desk and working on a computer.
Must be able to access and navigate each department at the organization’s facilities.
Some domestic and international travel might be required.

Quick Apply

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