Sr. Cost Accountant

Dairy Farmers of America•Salt Lake City, UT

20h

About The Position

The Sr. Cost Accountant provides cost accounting services for plants or assigned areas by monitoring, analyzing, and reporting monthly costs. The role examines material, labor, and other expenses; assesses the cost effects of changes in products, materials, manufacturing methods, rates, or services; reviews factors affecting pricing and profitability; and investigates costs that are inconsistent with past experience. The position conducts complex cost audits, supplies cost data for business decisions and financial reporting, and seeks continuous improvement in cost analysis. The role requires in-depth cost accounting knowledge and extensive proficiency. It leads project work and processes, serves as a resource to less experienced colleagues, and may instruct or assign work to accounting support employees. Other duties may be assigned as required.

Requirements

Undergraduate degree in accounting, finance, or a related curriculum, or an equivalent combination of education and experience.
5 to 8 years of experience in accounting, cost accounting, or finance.
In-depth knowledge of cost accounting methods.
Ability to apply generally accepted accounting principles and use accounting, manufacturing, and spreadsheet software, such as SAP or equivalent ERP software.
Strong understanding of the company financial framework and financial processes and metrics used to improve efficiency and effectiveness.
Ability to provide accurate, thorough, and timely analyses.
Strong attention to detail.
Clear and effective verbal and written communication skills.
Ability to collaborate with departments, management levels, and external stakeholders.
Ability to work independently, take ownership of assigned work, and complete projects.
Ability to multitask and solve problems.
Ability to read, write, and speak English.

Nice To Haves

SAP experience.
Supervisor or team lead experience.
Manufacturing experience.
CPA certification.

Responsibilities

Capture and classify cost data for products or product lines, projects, or departments.
Analyze actual costs against historical or projected costs and report variances.
Prepare, analyze, and track monthly inventory reserves, material savings, inventory forecasts, and standard margin variances.
Monitor purchase price variances and provide monthly analysis of production variances.
Gather system reports and information needed for governmental and other reporting, including Market Administrator reports.
Prepare timely and accurate monthly standard costs and perform monthly cost rolls for manufactured and purchased finished products, including cost change analysis.
Provide accounts payable cost verifications, conduct and analyze cost audits, and prepare reports.
Prepare cost studies for existing and new items.
Prepare monthly KPI metrics reports.
Prepare estimates of new or proposed product costs.
Serve as a primary cost accounting resource for site controllers and other accountants.
Lead or coordinate activities required for external and internal audits.
Recommend and implement cost accounting methods and procedures.
Pursue continuous improvement in cost accounting and assigned financial reporting areas.
Lead project work and processes, serve as a resource to less experienced colleagues, and may instruct or assign work to accounting support employees.