Cost Accountant

Starplast USA•Humble, TX

21d

About The Position

The cost accountant will collaborate with the distribution centers and manufacturing to collect and provide accurate costing information to support executive and heads of department when setting budgets and strategic goals for the organization.

Requirements

Advanced in Microsoft Excel, Word and PowerPoint, Excel required
ERP experience required
High attention to detail
Establishing target costs based on historical data, possible engineering studies, and market conditions.
Using predetermined standard costs to record inventory and cost of goods sold.
Calculating and analyzing variances between standard and actual costs to identify inefficiencies.
Using variance analysis to support decision-making related to pricing, production methods, and procurement
Bachelor's degree in accounting or finance
3+ years recent cost accountant experience

Responsibilities

Help with developing and maintaining the cost accounting system, and bill of materials for new products.
Update and maintain standard costs for all products.
Cost rollover on a quarterly basis.
Make sure all BOMs are accurate and correct
Audit BOMs on a regular basis to ensure all relevant costs are captured.
Analyze production costs and prepare regular reports comparing standard costs to actual production costs.
Post inventory transactions into the system.
Analyze any changes to the BOMs to determine the effect on margins.
Coordinate with inventory cycle count teams to ensure inventory accuracy.
Run on-hand inventory reports and compare with the general ledger.
Analyze and investigate any significant inventory variances, favorable or unfavorable.
Coordinate with operations for period end cut-off and any inventory adjustments.
Perform inventory reconciliations at period end; investigate variances.
Analyze cost and recommend cost-saving strategies.
Heavily involved in month-end and year-end closing.
Post journal entries
Balance sheet account reconciliation.
Cost benefit analysis reports
Make-or-Buy cost analysis
Profitability analysis by product or by product group.
Responsible for inventory reports