Home/Cost Accounting Manager

Cost Accounting Manager

Salary Range:
$115,000 - 125,000
Responsibilities:

ESSENTIAL DUTIES

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Employees must spend over 50% of their time on these duties.

Specific duties include:

  • Prepare monthly cost accounting close, including preparation of journal entries, reconciliation of sub ledgers to general ledger, account balance review, account reconciliations, analysis, etc to support accurate and timely submission of financial statements.
  • Perform all other cost accounting activities, including product line margin analysis, inventory control, inventory valuation analysis, variance analysis, variance accrual, etc.
  • Ensure timely and accurate monthly, quarterly and yearend closing.
  • Prepare monthly and quarterly reporting packages to Corporate, including submission of monthly, quarterly and annual reports using consolidation software.
  • Annually update overhead rates using ABC system to analyze labor, material and allocation of overhead costs by product line.
  • Review purchase price variance and other variances and update new standards as needed.
  • Provide reporting and analysis for all manufacturing and service activities including, actual to budget system cost tracking, product line margin report, field service report, sales by month, inventory summary, inventory obsolescence, etc.
  • Ability to extract, organize, analyze, and report data in a manner that is useful and relevant for making business decisions with the use of ERP and other reporting systems.
  • Effectively collaborate with colleagues from all departments including sales, manufacturing, engineering, purchasing, field service and IT.
  • Lead and execute process improvement and system implementation/upgrade projects.
  • Perform JSOX annual update in the inventory, fixed asset and cost areas and obtain supporting documents to ensure compliance.
  • Prepare audit schedules and supporting documents and analysis to the external auditors.
  • Assist Sales with the annual List Price update process.
  • Manage Fixed Assets. Perform monthly reconciliation and reporting for Fixed Assets. Coordinate annual Fixed Assets Inventory.
  • Complete month end parent company reporting package for Inventory, COS, and Fixed Assets.
  • Collaborates with other department managers to support overall company goals and objectives
  • Assist in the preparation of annual budget and forecast.
  • Interact with external auditors during quarterly and yearend audits.
  • Serve as a back up to the Accounting Manager.
  • Perform other projects as requested.
Education, Experience, & Skills:
  • BA/BS in Accounting or Finance.
  • Five to seven years of progressive experience in cost accounting.
  • Knowledge of JDE or other ERP systems is a must.
  • Knowledge of working with large databases and advanced Excel is a must.
  • Excellent analytical skills and the ability to collaborate with a multi-department team.
  • Excellent organizational and communication skills
Requirements:

OTHER QUALIFICATIONS

  • Attention to detail and being flexible to handle multiple tasks independently.
  • Ability to handle confidential information.
  • Excellent verbal and written communication skills.
  • Exceptional organization and time management skills.
  • Proven ability to meet deadlines while performing task accurately.
  • Self-motivated with a strong sense of ownership in all areas of responsibility.

CERTIFICATES, LICENSES, REGISTRATIONS

None required.

 

ENGLISH LANGUAGE SKILLS

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

 

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as proportions and percentages. Ability to apply concepts of basic algebra and geometry.

 

REASONING ABILITY

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

 

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to

enable individuals with disabilities to perform the essential functions.

 

  • Stand and walk – 1/3
  • Sit – 2/3+