Cost Accountant

Magellan•Haverhill, MA

1d•$85,000 - $100,000

About The Position

Magellan Aerospace, Haverhill is a world-class manufacturer of precision machined aerospace components. We have an exciting opportunity for a Cost Accountant. The Cost Accountant is to perform advanced cost-accounting work covering material and production costs, costs of sales, research and product development, etc. To compare actual costs to estimates and analyze variances. To develop standard cost data and accurate inventory valuations.

Requirements

Bachelor’s degree in accounting or Five to Ten years’ experience or equivalent combination of education and experience in Manufacturing
Experience working with Great Plains, Excel, PowerPoint, Microsoft word, SAP
Good analytical and organizational skills.
Good knowledge of Excel and computerized accounting and costing systems.

Responsibilities

Analyzes and costs manufacturing work orders following company’s costing system.
Plans, studies, and collects data to determine costs of business activity such as raw material purchases, inventory and labor using excel spreadsheets
Prepares the monthly cost of sales figures by analyzing material, labor, and research and development expenses. Analyzes actual manufacturing costs and prepares periodic reports comparing standard costs to actual production costs.
Assists the accounting manager in preparing monthly journal entries for cost of sales and scrap.
Maintains FIFO inventory system and follows established valuation method.
Assist with audits, both internal and external
Analyzes variances, process routine and ad hoc request, or any other requested assigned tasks