Accountant - Cost

Visa Lighting•Glendale, WI

About The Position

Responsible for the development, maintenance, and analysis of product cost standards, inventory valuation, and cost of goods sold reporting. Partners with Operations, Engineering, Purchasing, Sales, and Marketing to ensure accurate product costing, profitability analysis, and financial decision support.

Requirements

Development, maintenance, and analysis of product cost standards.
Inventory valuation.
Cost of goods sold reporting.
Accurate product costing.
Profitability analysis.
Financial decision support.
Standard cost maintenance for materials, labor, overhead, and subcontracted services.
Annual standard cost update process leadership.
Collaboration with Purchasing, Engineering, and Operations for product cost accuracy.
Cost analysis and ECN review for new product development and engineering changes.
Complex job costing analysis and profitability insights.
Support for Sales and Marketing in pricing, margin analysis, and price book updates.
Monthly inventory valuations, reconciliations, and journal entries.
Purchase price variance (PPV) and other cost variance monitoring and analysis.
Preparation of margin, profitability, and cost performance reports.
Administration of royalty calculations, reporting, and accounting entries.
Month-end cost accounting entries and account reconciliations.
Audit assistance and compliance with accounting policies and procedures.
Identification of opportunities for process, reporting, and internal control improvements in costing.

Responsibilities

Maintain standard costs for materials, labor, overhead, and subcontracted services.
Lead the annual standard cost update process.
Partner with Purchasing, Engineering, and Operations to establish and maintain accurate product costs.
Support new product development and engineering changes through cost analysis and review of ECNs.
Analyze complex job costing and provide profitability insights.
Support Sales and Marketing with pricing, margin analysis, and price book updates.
Prepare monthly inventory valuations, reconciliations, and related journal entries.
Monitor and analyze purchase price variances (PPV) and other cost variances.
Prepare margin, profitability, and cost performance reports for management.
Administer royalty calculations, reporting, and related accounting entries.
Prepare month-end cost accounting entries and account reconciliations.
Assist with audits and ensure compliance with accounting policies and procedures.
Identify opportunities to improve costing processes, reporting, and internal controls.
Perform other duties and special projects as assigned.