- Work with the plant personnel to ensure the accuracy of the building blocks of the company standard cost calculations (BOMs, routings, OEE, etc.).
- Work with purchasing to ensure material costs are correct (currency, unit of measure, contractual changes, forecast changes, etc.).
- Calculate the global company part cost standards for the budget.
- Roll the global company cost standards at the beginning of each physical year.
- Work with plant personnel to research standard margin variances and manufacturing variances each month.
- Run the costing process for the headquarters entities.
- Calculate intercompany profit in inventory each month.
- Calculate variances to be capitalized.
- Review revenue recognition issues as it relates to Incoterms.
- Ensure accuracy of inventory balances and sub ledger equals general ledger each month.
- Work with outside auditors during the audit process to ensure all information relating to the costing process is provided as requested.
- Support Commercial Sales team with guidance on Overhead, Labor and other costs in customer cost breakdowns.
- Analyze manufacturing costs & cost drivers, including direct labor, materials, overhead, and variances, to identify areas for cost reduction and process improvement.
- Work with various departments on cost maintenance in the internal Enterprise Resource Planning (ERP) system.
- Continuously lead efforts such as Kaizens & identifying IT solutions to enhance the efficiencies of everyday Cost Accounting and AOP processes.
- Bachelors degree or minimum 5-10 years related experience and/or training.
- Required PC skills: Word, Excel, and PowerPoint.
- Excellent verbal and communication skills.
- Ability to utilize team concepts, along with solid organizational and problem-solving skills.
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Senior Cost Accountant - Connersville, United States - Stant
Description
Stant is hiring for a Senior Cost Accountant located in Connersville, Indiana. The Senior Cost Accountant will ensure the accuracy of the global company part standard costs; including the creation of the new standards for the budget and rolling them in the accounting systems at the beginning of the fiscal year. Be the expert in the costing process for the accounting system and able to research cost variances that arise.
Company Overview:
Stant, founded in 1898, is a global leader in design, engineering and manufacturing of fuel systems, fuel caps, radiator caps and thermostats. Stant sells directly to the OEMs and Tier 1 suppliers in the automotive and industrial markets with key customers that include General Motors, Stellantis, Daimler, Hyundai, Toyota, Honda, Nissan, Mercedes, Volkswagen, Plastic Omnium, Detroit Diesel, and Harley Davidson. Stant has vending, engineering, and manufacturing presence in the US, Mexico, China, and Europe. Stant is headquartered in Connersville, IN and has a satellite office in Rochester Hills, MI.
Senior Cost Accountant Key Functions:
Qualifications:
