Cost Accountant

Description

The Cost Accountant supports decisions by analyzing data and providing managers with insightful costing information and manage expenditures by looking for cost-efficient solutions to inefficiency problems.

Essential functions

• Develop expense, budget, and supply chain reports for management and forecast cost-related changes and risks.
• Costs vs. Profits: measure fixed and variable costs to determine profit margins.
• Refine Supply Chain Costs: analyze items in organizations' supply chains to understand their expenditures and identify inefficiencies.
• Assist with Pricing Strategies: help create reasonable, profitable pricing decisions.
• Develop Budgets: help develop spending budgets for various departments and use cost analysis to create accurate projections and control spending.
• Support Business Decisions: integrate cost analysis and other information to provide crucial data on inventory control, activity-based costing, and operational performance.
• Enterprise Resource Planning System: incorporate inventory control, cost analysis, and multilevel costing categories.
• Data Analysis: draw useful insights from raw data and the ability to quantify what happens, why it happens, what will happen, and how to respond to these outcomes.
• Variance Analysis: track and analyze differences between what things typically cost (standard cost) and what they cost.
• Journal entries: provide accurate and up-to-date information about the financial position and maintain accurate and complete records of financial transactions.
• Ledger reconciliations: verify the completeness and reliability of the account balances recorded on the general ledger.

Other duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Requirements

Required education and experience

• Bachelor’s degree in accounting or finance.
• A minimum of 5 years of experience in accounting or finance roles

Preferred education and experience

• Manufacturing environment

Competencies

• Proficient in Microsoft Office suite
• Strong ability to grasp managerial and financial concepts.
• Standard cost knowledge
• Strong analytical and problem-solving skills
• Ability to work independently and collaborate well in a team environment.
• Excellent communication and interpersonal skills

Affirmative Action/EEO statement

All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.