(S) Cost Accountant

Howmet Aerospace•Morristown, TN

About The Position

Responsibilities Job Roles: The Cost Accountant is responsible for all areas of cost accounting including actual and standard cost calculations, analyzing cost variances including labor, yield, variable and fixed overhead rates. Perform month end close in local ERP system “OCHMS”. Cost accountant is also the local business process owner “BPO” of OCHMS, including set up, training and support of lot trace programs. Job Responsibilities: Calculate department overhead rates Calculate actual and standard cost including direct material, direct labor and overhead Analyze cost variances, work with operations to understand variances and recommend standard cost changes to Plant Mgr, Controller and leadership team Analyze direct material cost changes in raw material, outside services and WIP. Update ERP for any changes. Perform pre-close and month end close in local ERP system “OCHMS” including inventory and cost and Oracle locations G4X and G4Y Update LIFO department rates Report on actual business unit profitability and absorption Analyze and distribute any other monthly cost reports Analyze all cost movements in ERP system “OCHMS” including revalue, physical inventory adjustments, all inventory movements. Monitor daily auto relief of finish goods/perform FG adjustments as needed Business Process Owner of Howmet ERP system “OCHMS” including Cost, Lot trace and EDW reporting Provide support to manufacturing areas on all Lot Trace programs Test/Implement changes to OHCMS (Cost, Q&A, FB, Inventory, & Lot Trace) Monitor and provide support for shop floor labor reporting Responsible for maintaining internal controls – specifically in inventory and segregation of duties within ERP system Maintain OHCMS Lot Trace security and perform quarterly review Perform annual BPO review of the BIA score Update ACCESS with month end inventory values (for SSRS daily emails) Assist with preparation of budgets and forecasts Work with Application Specialists (Lot Trace, Cost, and EDW) Assist with physical inventories Create/Review/Approve Activity instructions Perform job duties in a safe and efficient manner Maintain high attendance record Business travel may be required Perform other work-related duties as necessary Qualifications EDUCATION: Bachelor’s degree in Accounting , Finance , or Business Administration (required) CPA, CMA, or progress toward certification (preferred but not required) EXPERIENCE: 3–5 years of cost accounting experience in a manufacturing environment Experience performing standard cost updates, variance analysis, and inventory accounting Prior involvement in month‑end close processes Experience supporting or owning modules in an ERP system (preferably manufacturing-focused) Experience with internal controls, segregation of duties, and audit support Prior experience with lot traceability or regulated manufacturing environments (preferred) Experience working in a manufacturing ERP system; ability to become the Business Process Owner (BPO) for cost, inventory, and lot trace modules

Requirements

Bachelor’s degree in Accounting , Finance , or Business Administration (required)
3–5 years of cost accounting experience in a manufacturing environment
Experience performing standard cost updates, variance analysis, and inventory accounting
Prior involvement in month‑end close processes
Experience supporting or owning modules in an ERP system (preferably manufacturing-focused)
Experience with internal controls, segregation of duties, and audit support
Experience working in a manufacturing ERP system; ability to become the Business Process Owner (BPO) for cost, inventory, and lot trace modules

Nice To Haves

CPA, CMA, or progress toward certification (preferred but not required)
Prior experience with lot traceability or regulated manufacturing environments (preferred)

Responsibilities

Calculate department overhead rates
Calculate actual and standard cost including direct material, direct labor and overhead
Analyze cost variances, work with operations to understand variances and recommend standard cost changes to Plant Mgr, Controller and leadership team
Analyze direct material cost changes in raw material, outside services and WIP. Update ERP for any changes.
Perform pre-close and month end close in local ERP system “OCHMS” including inventory and cost and Oracle locations G4X and G4Y
Update LIFO department rates
Report on actual business unit profitability and absorption
Analyze and distribute any other monthly cost reports
Analyze all cost movements in ERP system “OCHMS” including revalue, physical inventory adjustments, all inventory movements.
Monitor daily auto relief of finish goods/perform FG adjustments as needed
Business Process Owner of Howmet ERP system “OCHMS” including Cost, Lot trace and EDW reporting
Provide support to manufacturing areas on all Lot Trace programs
Test/Implement changes to OHCMS (Cost, Q&A, FB, Inventory, & Lot Trace)
Monitor and provide support for shop floor labor reporting
Responsible for maintaining internal controls – specifically in inventory and segregation of duties within ERP system
Maintain OHCMS Lot Trace security and perform quarterly review
Perform annual BPO review of the BIA score
Update ACCESS with month end inventory values (for SSRS daily emails)
Assist with preparation of budgets and forecasts
Work with Application Specialists (Lot Trace, Cost, and EDW)
Assist with physical inventories
Create/Review/Approve Activity instructions
Perform job duties in a safe and efficient manner
Maintain high attendance record
Business travel may be required
Perform other work-related duties as necessary