Sr Cost Accountant
About The Position
The Senior Cost Accountant is a key member of the accounting staff reporting directly to the Director of FP&A. This position provides cost accounting and financial support to the manufacturing facilities in Wilmington, MA & Reynosa, Mexico. The position will be responsible for the direction, review, and management of both cost accounting responsibilities and some financial responsibilities. The Senior Cost Accountant will be responsible for maintaining a cost control environment that complies with the Company’s internal control policies and Sarbanes-Oxley. The Senior Cost Accountant will directly support the DVP Business Unit Controller and assist in any ad-hoc analysis and projects as required. This position will also be responsible for producing financial analysis, variances analysis and research costing issues.
Requirements
- Bachelor’s degree (B.A.) in Accounting
- 5+ years of manufacturing cost accounting experience in a standard cost environment
- Strong knowledge of Microsoft office including advanced skills in Excel
- A highly productive self-starter with very strong work ethic and commitment to excellence.
- Strong accountability and detail oriented; prepares accurate and timely work product.
- Strong communication, presentation, leadership, interpersonal, planning and problem-solving skills
- Fluency in English language (oral and written)
- Must have excellent analytical skills; sound understanding of accounting principles
- Well organized and self-directed with the ability to relate to all levels of an organization
- Must be a team player with high energy
- Ability to multi-task, work under pressure and meet deadlines required
- Must have the legal right to work in the US and additionally must be legally authorized to access export-controlled information and source code.
Nice To Haves
- MBA, CPA or CMA a plus
- Prior experience with Oracle and HFM a plus
- Prior experience within Aerospace & Defense industry a plus
- Government cost accounting experience a plus
Responsibilities
- Applies principles of finance and cost accounting to various accounting duties related to the Business Unit's financial and operational planning and reporting
- Responsible for the maintenance of the manufacturing plant’s cost accounting systems, cost controls & integrity
- Responsible for the financial coordination, administration and analysis of manufacturing operations. This involves analyzing sales and cost of sales, labor reporting, product costing, and monthly material usage variances and inventory adjustments.
- Responsible for the overall planning, coordination, and participation of the physical inventories as well as the analysis of the results. Responsible for the monthly accounting and reconciling of the financial to perpetual inventory. Coordination responsibility extends not only to production departments but to outside stockrooms and vendors.
- Oversee and Manage the annual Fixed Asset Physical inventory process & 4-Wall Yearly Inventory
- Track spending on capital projects and maintain the Capital Roll-forward
- Responsible for the coordination and analysis of direct labor reporting within the business unit.
- Preparing recurring monthly journal entries related to inventory, labor reporting, cost of sales and other various entries and their corresponding reconciliations.
- Responsible for standard costing process duties as follows: Analyze cost changes, margin impact and inventory value adjustment effect, Perform standard cost update process, Develop and monitor labor and overhead rates for department / cost center, Review cost routings for reasonableness and bill of materials accuracy, Perform quarterly LIFO calculation and reporting., Review and close manufacturing work orders
- Work with marketing and purchasing to establish proper cost on new parts and assemblies
- Responsible for review, reporting and analysis of inventories, inventory reserves (including E&O), slow moving inventories, obsolete inventories, scrap, and inter-company transfers
- Assist with both internal and external audits
- Monitor and analyze Cycle Count results and performance and issue monthly reports and ensure compliance to corporate cycle counting procedure
- Assist in the preparation of annual operating and capital budgets.
- Lead the analysis of product costs, overhead absorption, abnormal fixed cost expenditures, etc.
- Constant review of processes to improve procedures and methods
- Perform other related duties, ad hoc reporting & analysis, and special projects as required.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
