Financial Cost Analyst

Sortera Technologies, Inc.Austin, TX
7h

About The Position

Responsible for maintaining the integrity of the financial cost systems, process setup, and improvements and adherence to policies.

Requirements

  • BS/BA in Finance or Accounting required
  • Manufacturing experience required
  • Proficient in ERP & inventory software and Microsoft Excel
  • Strong analytical skills and attention to detail
  • Excellent verbal and written communication skills
  • Sound knowledge of US GAAP and cost accounting principles
  • Strong mathematical, accounting, finance, and analytical skills

Nice To Haves

  • NetSuite experience preferred

Responsibilities

  • Perform all cost accounting activities including standard cost, inventory valuation, cost of goods sold, product profitability and cost ratio analysis, variance analysis, and calculating production costs.
  • Prepare cost allocation assumptions and rates.
  • Assure relevant costs including freight and storage costs are properly factored in sales pricing & margins.
  • Ensure proper valuation of inventory and Cost of Goods Sold through proper allocation of labor and overhead to ensure integrity of the systems Inventory costs.
  • Support management in the reporting of Cost of Goods Sold and gross margins by product, customer and location for the business units.
  • Analyze inventory movement, including job costs review, PPV and annual physical Inventory, to ensure accuracy and adherence to accounting standards.
  • Develop and maintain inventory cost models and ensure consistency across all inventory-related activities.
  • Work to ensure smooth, accurate flow of inventory and related transactions.
  • Collaborate with cross-functional teams to coordinate, reconcile and investigate physical inventory counts and variances with financial records.
  • Perform daily general accounting activities such as GL analysis, ad hoc reporting, journal entries, fixed assets, etc.
  • Review financial statements for discrepancies and other issues that should be communicated to management’s attention.
  • Assist with monthly GL account reconciliations.
  • Assist in the month-end and year-end close processes, including preparing journal entries and reconciliations.
  • Assist with the development and reporting of KPIs.
  • Assist to implement Continuous Improvement ideas related to inventory management and to Accounting & Finance department.
  • Assist with internal and external audits.
  • Assist with developing and implementing corporate policies, processes and procedures
  • Special projects and other duties as assigned by management.
  • Assist in other areas and perform other duties, as needed.
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