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Covington

    Cost Accountant - Covington, United States - MBS Professional Staffing

    MBS Professional Staffing
    MBS Professional Staffing Covington, United States

    2 weeks ago

    Default job background
    Description
    • Ensure accurate records and documentation for costs of materials, finished goods, labor and services, project expenses, and overhead.
    • Utilize ERP systems to effectively manage and analyze data.
    • Compile and present profitability reports by project, revenue stream, product line, customer, and sales channel.
    • Assist with internal audit and time studies to validate routing activities and BOM accuracy.
    • Implement and monitor cost control measures to optimize operational efficiency.
    • Perform standard cost rolls and provide analysis of inventory impact.
    • Control scrap inventory process and validate disposition cost.
    • Conduct analysis on PPV, revaluation, scrap, and yield variances.
    • Provide explanations and recommend corrective actions to resolve cost discrepancies.
    • Participate in annual physical inventories and guide periodic cycle counts.
    • Identify opportunities for cost reduction, process improvement, and operational efficiency within the business process.
    • Perform month-end closing activities including account reconciliations and posting related journal entries.
    • Prepare manufacturing cost estimates for new products.
    • Prepare ad-hoc reporting and analysis.
    • Ensure compliance with accounting standards and company policies.
    • Perform other duties that are needed to support the accounting department.
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