Supervisor of Cost Accounting

Ferrotec Usa Corporation•Livermore, CA

About The Position

Responsible for the application and integrity of cost accounting practices in a dynamic manufacturing environment. This includes, but is not limited to planning, collecting, and analyzing data to determine and report all cost factors affecting production such as raw material purchases, inventory management costs, production labor, outside services, and machine shop activity. Track and report on all raw materials, WIP, finished goods, and consignment inventory. Achievement of objectives must include an overriding commitment to quality that must permeate the areas of responsibility. Enable and Drive Change in the Organization.

Requirements

7 years cost accounting experience in a standard cost manufacturing environment.
Experience in an advanced MRP II environment.
Proficient in Windows-based PC software packages including spreadsheet and word processing (Excel and Word, etc.).
Strong interpersonal and analytical skills, and proven problem-solving skills.
Good communication skills, both verbal and written.
Ability to maintain strict confidentiality.
Ability to prioritize and manage multiple projects and work independently.
Attention to detail.

Nice To Haves

Bachelor's Degree in Accounting or Finance
Oracle ERP Experience

Responsibilities

Supervising the cost accounting team.
Ensuring the accuracy and integrity of inventory cost data.
Maintaining standard material costs and rates.
Performing annual evaluations of tiered pricing and purchasing patterns to determine whether the standard should be updated.
Proactively reviewing reports of items with a $0 standard cost and communicating with Operations to determine if standard cost updates are needed.
Reviewing, identifying, and monitoring potential obsolete and excess inventory and calculating the necessary reserves for management’s review.
Performing periodic review of labor and overhead rates to ensure proper pricing of the company’s products.
Ensuring timely preparation and distribution of actual to budget cost center reports, inventory-related reports, and other miscellaneous month-end management reports including any necessary analysis, reconciliations, and explanation of results.
Reviewing and distributing PPV and WO Variance reports to operations, for review, explanations, and sign off.
Communicating and partnering with Operations on variance review as needed.
Assisting in periodic inventory counts and evaluating the adequacy of the inventory count program.
Preparing the month-end cost accounting journal entries and monthly reconciliation of perpetual inventory to the general ledger.
Performing the quarterly warranty reserve analysis for management review.
Preparing monthly reconciliations of various general ledger accounts.
Preparing all inventory-related reports.
Assisting in the budget and forecasting processes as it pertains to cost of goods and manufacturing expenses, as requested.
Performing accounting projects that will be assigned from time to time.
Preparing quarterly and year-end audit documentation (review of account balances/explanation of changes), based on requests received from our audit partners.
Monitoring the cost accounting activities of others to ensure consistency in reporting and compliance to Ferrotec and J-Sox Controls.
Performing other related duties as may be reasonably assigned in the course of business.