- Analyze material, material burden, direct labor, indirect labor, variable/fixed manufacturing
- Determine standard costs/rates/percentages for raw materials, material burden, direct labor and costs
- Analyze standard cost variances, working with key plant personnel to understand cost overruns and help develop dynamic solutions in response
- Responsible for inventory accounting
- Assist in annual budget preparation as a very active participant, offering key recommendations and insight
- Track product sales and margin, worked/earned labor hours, labor and overhead spend, cost saving project spend, and many more critical KPIs
- Develop quarterly forecasts based on sales targets, headcount plans, the impact of cost savings projects, and discussions with key stakeholders
- Reconcile accounts and prepare/approve journal entries monthly related to CoGS, inventory, E&O, freight, and others, as assigned
- Prepare the excess and obsolete (E&O) model quarterly, work with Operations to review, and adjust reserve accordingly
- Analyze period results including giving presentations to plant personnel monthly and divisional management quarterly
- Support internal/external audit including preparing audit schedules, participating in control, walkthroughs, etc.
- Other duties as assigned
- Bachelor's degree in Accounting, Finance, or any other Business discipline OR equivalent accounting work experience
- 4 or more years of experience in cost accounting with evident incremental advancement of responsibilities/capabilities over time.
- Advanced Excel skills (SUMIFS, VLOOKUP, advanced Pivot Tables/Charts, basic or advanced Charts, Macros a plus, etc.)
- Able to communicate clearly and confidently in verbal, written, and presentation (PowerPoint) capacities.
- Medical, Dental & Vision Insurance, Virtual Visits/Telemedicine
- Company Paid Life and AD&D Insurance
- 15 days of Paid Time Off and Company Holidays
- 401k with a 3% employer contribution
- Other excellent health and wellness benefits in line with our business
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Senior Cost Accountant - Irving, United States - Biote Corp.
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Description
Biote Medical is the world leader in hormone optimization and we are adding to our team We partner with providers to take a complete approach to healthier aging through patient-specific bioidentical hormone replacement therapy and the only nutraceutical line created specifically to support hormone health.
Reporting to the Chief Accounting Officer, the Senior Cost Accountant will be responsible for analyzing the key drivers for cost in our organization.
They should expect to work closely with the finance and accounting team and other departments and will be responsible for analysis and explanations on all operational and manufacturing costs and efficiencies during the month close and other reporting processes including forecasting, budgeting, capital investments and cost savings.
As the Senior Cost Accountant, you will:
Company Perks: