Cost Accountant

Frandsen CorporationGlencoe, MN
$75,000 - $85,000Onsite

About The Position

The Cost Accountant is responsible for ensuring accurate product costing, inventory valuation, and manufacturing cost visibility to support financial reporting and operational decision-making. This role partners with Operations and Supply Chain to analyze cost drivers, monitor manufacturing performance, and ensure proper cost absorption in accordance with GAAP.

Requirements

  • Bachelor’s degree in Accounting
  • 2+ years of manufacturing cost accounting
  • Strong proficiency in Microsoft Excel
  • Ability to analyze variances and interpret financial data
  • Define problems, collect data, establish facts, and draw valid conclusions.
  • Must possess the ability to read and comprehend complex instructions, write correspondence, and communicate effectively with co-workers and management.
  • Ability to deal with problems involving several concrete variables in standardized situations. Write reports, business correspondence, and procedure manuals.
  • Ability to work under pressure, meet deadlines, and thrive in a fast-paced environment.
  • A qualified candidate must possess the ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, fractions, and decimals.
  • Apply abstract concepts such as fractions, percentages, ratios, and proportions to practical situations.
  • Apply good judgment in recognizing scope of authority

Nice To Haves

  • Experience with Infor M3 / GSS
  • Experience with Tableau or similar tools
  • Experience with standard cost systems and cost roll processes

Responsibilities

  • Analyze and report on work-center profitability to support operational decision-making and ensure accurate product costing
  • Analyze manufacturing labor and burden rates and compare to actual spend to ensure accurate cost absorption and identify drivers of cost variances
  • Review manufacturing and material variances and communicate findings to Operations and Supply Chain to drive corrective actions and improve cost performance
  • Perform general accounting activities (accruals, prepaid expenses, allocations, fixed assets) to ensure accurate and timely financial reporting in accordance with GAAP
  • Analyze quarterly cost rolls to identify cost drivers, validate standard cost accuracy, and ensure proper inventory valuation
  • Complete and analyze excess and obsolete inventory reserves to ensure accurate financial reporting and minimize inventory risk exposure
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