Cost Accountant

Howmet Aerospace•Fontana, CA

About The Position

Responsibilities SUMMARY Partners with operation teams to reduce costs and improve gross margin, manages inventory transaction accuracies to ensure no major inventory write-offs or write-downs. Provides timely update of cost rolls and manages the once-a-year cost roll with new rates. ESSENTIAL DUTIES AND RESPONSIBILITIES Duties and responsibilities include the following. Other duties may be required and assigned at any time. Partners with Operation Management, Manufacturing Engineering, Procurement, Outside Processing and Inventory Control to improve operation excellence Manages cost accounting transactions to ensure compliance with US GAAP and Company Costing Policies and Procedures Ensures inventory valuation accuracy through correct costing, analysis, and cycle count tracking Performs analysis and support to Operation Management to achieve the cost reduction goals Assists in the preparation of daily and monthly P&Ls Reviews and updates standard costs for each work cell based on Company requirements Prepares and effectively communicates margin analysis and reports to Operation Management Assists in preparing costing data for major business decisions Leads the annual physical inventory counts and quarterly mini counts Assists Controller in developing financial forecasts, budgets, and operating plans Assists in the evaluation and preparation of ERP upgrades Participates and provides financial support in Theory of Constraints (ToC) and other LEAN initiatives Provides other duties as needed and assigned. Qualifications EDUCATION AND/OR EXPERIENCE A BA degree in Accounting or Finance +2 years of Cost Accounting experience in a manufacturing environment Expert skills in all accounting disciplines, including financial reporting, cost accounting, budgeting, planning and forecasting A demonstrated ability to simultaneously administer and coordinate multiple, ongoing projects, ensuring that they are implemented effectively within targeted timelines and costs. Good knowledge of Word, Access, Excel, Power Point, and other applicable tools. Knowledge of Infor Visual Manufacturing and Infor Global Financials is highly desirable. COMPUTER SKILLS Good knowledge of Word, Access, Excel, Power Point, and other applicable tools. Knowledge of Infor Visual Manufacturing and Infor Global Financials is highly desirable. Microsoft Office Suite Global Visual experience is a plus LANGUAGE SKILLS Ability to read and interpret documents such as safety rules, operating and maintenance instructions and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of employees of organization, customers, and outside regulatory agencies. MATHEMATICAL SKILLS Ability to apply concepts of basic algebra, geometry, percentages circumference and volume REASONING ABILITY Ability to solve practical problems and deal with a variety of variables in situations where standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to finger, handle, or feel and reach with hands and arms. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, peripheral vision, depth perception, and ability to adjust focus. WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet.

Requirements

A BA degree in Accounting or Finance +2 years of Cost Accounting experience in a manufacturing environment
Expert skills in all accounting disciplines, including financial reporting, cost accounting, budgeting, planning and forecasting
A demonstrated ability to simultaneously administer and coordinate multiple, ongoing projects, ensuring that they are implemented effectively within targeted timelines and costs.
Good knowledge of Word, Access, Excel, Power Point, and other applicable tools.
Ability to read and interpret documents such as safety rules, operating and maintenance instructions and procedure manuals.
Ability to write routine reports and correspondence.
Ability to speak effectively before groups of employees of organization, customers, and outside regulatory agencies.
Ability to apply concepts of basic algebra, geometry, percentages circumference and volume
Ability to solve practical problems and deal with a variety of variables in situations where standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Nice To Haves

Knowledge of Infor Visual Manufacturing and Infor Global Financials is highly desirable.
Microsoft Office Suite Global Visual experience is a plus

Responsibilities

Partners with Operation Management, Manufacturing Engineering, Procurement, Outside Processing and Inventory Control to improve operation excellence
Manages cost accounting transactions to ensure compliance with US GAAP and Company Costing Policies and Procedures
Ensures inventory valuation accuracy through correct costing, analysis, and cycle count tracking
Performs analysis and support to Operation Management to achieve the cost reduction goals
Assists in the preparation of daily and monthly P&Ls
Reviews and updates standard costs for each work cell based on Company requirements
Prepares and effectively communicates margin analysis and reports to Operation Management
Assists in preparing costing data for major business decisions
Leads the annual physical inventory counts and quarterly mini counts
Assists Controller in developing financial forecasts, budgets, and operating plans
Assists in the evaluation and preparation of ERP upgrades
Participates and provides financial support in Theory of Constraints (ToC) and other LEAN initiatives
Provides other duties as needed and assigned.