Cost Accountant - Manufacturing Firm

Cost Accountant (Manufacturing)

- Responsible for all aspects of Manufacturing and Production costing analysis and inventory.

- Responsible for comparing standard cost to actual cost and identifying and explaining variances.

- Also work closely with engineering and manufacturing personnel to resolve variances and adjust Bills of Materials (BOM's).

Roles & Responsibilities:

- Develop and maintain cost accounting system that ensures accurate costing.

- Produce daily production, variance and ad hoc reports.

- Review and analyze standard and actual costs for variances and prepare reports.

- Update standard costs and ensure accuracy in the Bill of Materials (BOM's).

- Prepare, analyze and report monthly gross margin analysis by customer, part number and production jobs.

- Analyze changes in product design, raw materials, manufacturing methods, or services to determine effects on costs.

- Study and collect data to determine costs of business activities such as raw material purchases, inventory and labor.

- Responsible for account reconciliation of physical inventories and cycle counts.

- Prepare periodic inventory reserves reconciliation, analyzing inventory for risk, and monitoring with support from internal stakeholders.

- Assist in month-end and year-end closing by analyzing inventory and preparing supplemental reports as needed.

- Work on special projects as required.

Qualification And Experience:

1. CWA with 2-7 Years of Experience & should have Knowledge of accounting procedures and practices, preferably in a manufacturing environment.

2. Familiarity with a variety of accounting principles, concepts, practices, procedures and GAAP requirements.

3. Solid understanding of manufacturing operations, inventory and cost accounting.

4. Strong analytical, communication, organizational, and problem-solving skills.

5. Extraordinary interpersonal skills to work in conjunction with other departments.

6. Must be a team player who also works well independently.

7. Must be able to analyze data, draw conclusions, interpret results, and make recommendations.

8. Experience in preparing financial statements and owning Month Close process.

9. Excel knowledge