Process Cost Accountant II

Cambro Manufacturing•Huntington Beach, CA

1d•$80,000 - $98,000

About The Position

The Process Cost Accountant reports to the Operations Controller, overseeing and managing the cost accounting functions, analyzing and evaluating manufacturing costs, performing cost variance analysis, monitoring inventory levels, and ensuring accurate product costing. This role is responsible for performing a broad range of accounting activities and analyzing large data files to inform decisions and recommendations for manufacturing operations, presentations, and reports, as well as applying GAAP principles in general accounting activities and performing financial analysis on accounting data. This role may also be involved in budgeting, forecasting, and providing financial guidance to manufacturing operations.

Requirements

Bachelor’s degree (B.A.) from a four-year accredited college or university.
Advanced level on Excel spreadsheets and other MS applications
Experience working with business enterprise packages
Advanced analytical skills
Ability to multitask, work under pressure, and meet deadlines
Ability to work with algebraic and geometry concepts and apply them to business cases i.e. inventory turns, inventory accuracy and computaions, etc.
Must be able to apply concepts such as fractions, perc, i.e., inventory turns, inventory accuracy, and computations prentages, ratios, and proportions to business practical situations.
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Ability to adapt and adjust plans to meet changing needs.
Proficient in Microsoft Office Suite

Nice To Haves

7-9 Years of accounting background with emphasis in manufacturing, including a strong cost system background and analytical skills.
Major in accounting or business administration in College
Knowledge of computer database and relational databases
Power BI, any other business intelligence knowledge, or reporting tool knowledge.

Responsibilities

Plans, collects, and analyzes data such as raw material purchases, labor and overhead to determine costs of business activities
Analyzes changes in product design, such as raw materials, manufacturing methods or services provided, to determine effects on cost
Analyzes actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs; identifying drivers of variances
Works closely with MFG & Operation managers from multiple plants/departments to provide support and guidance as it relates to inventories, costing and financial analysis
Records cost information for use in controlling expenditures
Prepares estimates for new and proposed product costs, including special orders
Provides management with reports specifying and comparing factors affecting prices and profitability of products or services
Maintains cost accounting system and its integrity in multiple databases, including BOM’s and standard costs; updates cost as appropriate
Generates inventory based on FIFO calculations and determine its financial impact
Calculates ROI for proposed projects and update actual performance
Supports the MOS (Management Operating System) through the generation of data and/or through the review of MFG results. Provides financial leadership for the department and makes recommendations to improve profitability
Embraces working in a fast-pace plant environment, and at the same time independently managing multiple priorities
Performs month-end close of the General Ledger
Reconciles inventories
Conducts physical inventories and monitors cycle count program
Establishes individual goals and action plans to improve his/her job function and that of the operating department they are assigned
Complete various journal entries at month end including accruals for subsequent cycle counts, corrections or adjustments to any operational type expense, true-up or true-down inventory, and others as needed.
Perform account reconciliations on various general ledger accounts such as material usage variance, scrap expense, and other manufacturing expense accounts as needed.
Train, support and back up other cost accounting team members on essential tasks.
Participate in process improvement.
Assist in any accounting system upgrade or improvement
Maintains reliable and consistent attendance, including being punctual, dependable, and flexible to potential schedule changes to meet the needs of the department and the organization.
Executes each essential duty satisfactorily to perform job successfully.
Follows all safety procedures required in work area, wears PPE as needed, attends all safety meetings, and reports safety issues regarding equipment or unsafe/hazardous conditions.
Performs effectively as a team member, able to work well with others, open to receive and give feedback, and treats everyone with respect.
Takes ownership of own work and behavior, accepts accountability for own actions, encourages solutions, and communicates status of work/projects.
Follows all department quality standards/criteria. Raises concerns and issues to management.
Understands department’s key performance indicators (KPIs) and contributes to achieve these goals both individually and as a team.
Other duties as needed or required.