Sr. Cost Accountant

IDEX CorporationOak Harbor, WA
$97,000 - $145,400Remote

About The Position

If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact. With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you. If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact. With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses (https://www.idexcorp.com/our-businesses/business-segments/) around the globe, chances are, we have something special for you. JOB TITLE: Sr. Cost Accountant REPORTING TO: Director- Finance LOCATION: Remote within Rohnert Park, CA or Oak Harbor, WA ITAR/EAR CRITERIA: Certain positions with IDEX Corporation and its business units require access to controlled goods and technologies subject to the International Traffic in Arms Regulations or the Export Administration Regulations. Applicants for these positions may need to be "U.S. Persons," as defined in these regulations. Generally, a "U.S. Person" is a U.S. citizen, U.S. national, lawful permanent resident, or an individual who has been granted refugee or asylum status. Who is IDEX Health & Science (IH&S)? As a business unit of IDEX Corporation, IH&S has a long history of driving growth in life sciences and healthcare by embracing innovation and redefining the supplier-customer relationship. The work we do every day allows us to discover key insights and break new ground to create some of the most meaningful technologies that have a lasting impact on companies, industries, and society. SCOPE OF ROLE: The Senior Cost Accountant reports to the Director of Operations Finance. The position will collaborate with other Cost & Inventory Business Partners, other operational site leaders, FP&A analysts and works across the LSO and Fluidics organization on standardizing Cost & Inventory functions across a network of 5 plants.

Requirements

  • Bachelor’s Degree in Finance or Accounting
  • Minimum of three (3) to five (5) years of Cost Accounting experience in a manufacturing environment
  • Strong grasp of GAAP accounting and cost accounting concepts
  • Experience with Standard Cost methodology
  • Experience with ERP systems is required, JD Edwards preferred
  • Expert skills in Excel and SAP Web Intelligence; high proficiency in OneStream and other Microsoft Office Applications, Power BI preferred
  • Excellent analytical skills with a strong focus on accuracy and attention to detail
  • Excellent communication and interpersonal skills
  • Ability to work and contribute in a virtual team environment
  • Self-motivated, focused and able to identify needs and implement solutions with minimal supervision
  • Understanding of fundamental financial concepts, practices, and procedures

Responsibilities

  • Mastery of Cost Accountant responsibilities including:
  • Monitor, review and analyze daily manufacturing activities.
  • Provide variances, examine trends and partner with site operations on root cause analysis to drive timely resolution and accurate performance reporting
  • Perform daily cost accounting tasks such as:
  • Review of Cycle count and inventory adjustments
  • New part costing
  • Engineering Change Orders / Revisions
  • Ensure completeness and accuracy of work orders on a weekly and monthly basis and analyze/explain variances
  • Perform monthly inventory General Ledger to perpetual reconciliation and balance sheet reconciliations
  • Perform quarterly Excess, Obsolete and Zero Usage analysis and calculations
  • Perform Direct Material Index calculation and understand changes month over month
  • Perform quarterly Intercompany Profit Elimination analysis
  • Partner with sites and lead financial portion of annual physical inventories
  • Complete monthly compliance reporting per IDEX policies and procedures
  • Analyze Material Variances and recommend and/or implement process improvements
  • Analyze Labor Efficiencies and coordinate with Operations teams on main drivers of variances
  • Complete SOX audits and implement corrective actions related to Cost & Inventory
  • Oversee the Annual Cost Rolls including the preparation and analysis of the Labor and Burden Studies
  • Review and recommend process improvements and standardization across multiple manufacturing sites in accordance with IDEX policies
  • Assist with forecasting and budgeting functions for all site manufacturing operations

Benefits

  • Health benefits
  • 401(k) retirement savings program with company match
  • PTO
  • performance-based bonus plan
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