Senior Cost Accountant
About The Position
The Senior Cost Accountant will be responsible for preparing detailed price quotes, analyzing costs, and ensuring quotes meet margin targets. This role involves revising quotes based on customer feedback, completing "what-if" scenarios, and working with various departments to validate costs. The position also owns the machine order setup and billing process, acts as a liaison for Accounts Receivable and Accounts Payable, and prepares regular financial reporting. Additionally, the Senior Cost Accountant will prepare month-end journal entries, manage account reconciliations, participate in audits, partner with sister companies on intercompany transitions, and support project percentage of completion calculations. The role also involves reviewing General Ledger details, supporting various finance and leadership teams, and learning new reporting tools.
Requirements
- Cost accounting experience
- Experience with RFQs (requests for quotation)
- Ability to analyze material, labor, and overhead costs
- Proficiency in completing "what-if" scenarios
- Experience with machine order setup and billing processes
- Familiarity with Accounts Receivable and Accounts Payable processes
- Experience with Concur expense and invoicing
- Experience preparing and distributing weekly and monthly reporting
- Experience with month-end journal entries
- Experience with account reconciliation
- Experience participating in audits & compliance reporting
- Experience with intercompany transitions
- Experience with project percentage of completion calculations
- Experience reviewing General Ledger detail
- Experience with reporting tools like Spotlight and Tableau
Responsibilities
- Prepare detailed price quotes based on customer RFQs (requests for quotation)
- Analyze material, labor, and overhead costs and ensure quotes meet margin targets
- Revise quotes based on customer feedback or scope changes
- Complete “what-if” scenarios (volume, material cost changes, labor rates) and analyze the impact of volume discounts, customer specifications, and distributor discounts
- Work with engineering, project management, and procurement to validate costs
- Own machine order setup and billing process, ensuring accurate, timely invoicing aligned with contractual terms and financial reporting requirements
- Be the liaison for supporting Accounts Receivable and Accounts Payable Shared Services teams, including Concur expense and invoicing
- Prepare and distribute weekly and monthly reporting, including continuously streamlining processes, aligning to business partners requirements, and leveraging new tools within ProMach
- Analyze and prepare month-end Journal Entries along with being a key contributor and driver in determining ways to shorten the month-end timeline
- Take ownership of account reconciliation process to ensure alignment to the subledger
- Participate in audits & compliance reporting
- Partner with Sister companies on intercompany transitions
- Partner with Controller, Project Managers and Sales team on the calculation, recording and streamlining of project percentage of completion
- Review General Ledger detail for any potential trending concerns and errors; follow-up with business partners and perform necessary corrections
- Support the Rennco/DJS Finance team, Rennco/DJS Inside Sales team, Rennco/DJS Leadership team, General Manager, VP of Finance, and Business Unit President
- Learn and leverage new reporting tools, such as Spotlight and Tableau
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
