Cost Accountant II/Analyst

Regal Rexnord•Simi Valley, CA

1d•$75,000 - $115,000•Onsite

About The Position

The Analyst/Cost Accountant position is responsible for financial planning and analysis, maintaining sub-ledger accounts related to inventory, cost of sales, expenses, manufacturing spending and variances per GAAP requirements, for the PSI Bearings operation. In addition, the position supports operations management by utilizing expert knowledge of the company’s ERP system, costing and expense tracking systems to provide prompt and relevant reports to decision makers to assist their efforts to improve production efficiency while reducing spending and waste. This position also provides improvements to the financial systems by recommending and supporting development of product line reports that highlight performance of specific business segments. May lead and direct the work of others. Assists in communicating and monitoring compliance and reporting requirements as well as supporting the closing process. This position is located in Simi Valley, California.

Requirements

Bachelor’s degree in Finance, Accounting or Business Administration is required
3-5 years of hands-on cost accounting experience in a manufacturing environment
Knowledge of GAAP is required
Hands on experience in financial closings
Strong analytical and problem-solving skills
Well versed in analyzing vast data utilizing Microsoft Excel
Restrictions imposed by federal export control laws may limit this job opportunity to candidates who are a ‘U.S. Person’, which includes U.S. citizens, U.S. nationals, U.S. permanent residents, individuals granted asylum in the United States, and refugees in the United States, or who otherwise can qualify for a license that permits them to hold the position.

Nice To Haves

Proficiency with OneStream and Microsoft Navision is preferred
MBA or CPA is desired
Pro-active, analytical, accurate, conscientious, customer oriented, results oriented
Demonstrated business acumen and understanding of processes to facilitate continuous improvement
Excellent verbal and written communication
High energy with ability to multi-task

Responsibilities

Timely and accurate financial reporting and forecasting
Performs month-end closing, forecasting, and reporting.
Analyzes variance to budget and forecast.
Performs daily review and reporting of inventory and labor activity
Supports maintenance, review, and updates of standard costs
Guides manufacturing in performing routine cycle counting activity and audits results
Provides actionable analysis to identify and reduce Job Order Variances
Makes assessments and recommendations based on review and analysis of variances to standards
Leads quarterly slow or non-moving inventory (E&O) process
Influences across multiple functional dimensions and communicates and educates management and staff level personnel on financial expectations, audits adherence to expectations
Supports the business with analysis of profitability overall and by relevant business segments
Resolves problems in an expeditious fashion
Assist in annual budgeting process
Support with ad-hoc projects and financial reporting.