- Reviews work order transactions to identify costing errors. Root Cause Analysis.
- Analyzes cost variance analysis and compares actual to system standards for both material and labor.
- Assists operations with ad hoc analysis on special projects.
- Assists with month-end and year-end inventories.
- Validate accuracy of the inventory balances at the item and transaction level.
- Reviews, analyzes, and reports actual job profit margins.
- Maintains the Work in Process ledger.
- Performs month-end and year-end closings including journal entries and reconciliations. Inventory subledger to GL reconciliation and roll-forward by branch.
- Provides product costing for pricing and business decisions. Cost budget – working with branch managers and define detailed material, labor and overhead.
- Project cost control, Cashflow analysis, Contract / PO reconciliation.
- Determines current cost of projects by confirming project budgets with project leadership, establishing standard reconciliation process, collecting contract and invoice data, and verifying progress and completion status of project.
- Establish and maintain project budget tracking systems.
- Reconciles transactions by project and correcting data.
- Tracks and reports on status of project completion progress through monthly reporting, including actual cost, forecast costs, cash flow, variances, and gaps.
- Inventory subledger to GL reconciliation and roll-forward by branch.
- Weekly job/work-ticket/WIP profitability reviews and reconciliations – variance analysis budget vs actual by jobs.
- Conduct physical inventories and monitor the cycle count programs.
- Calculate slow moving and obsolescence reserve to be reviewed by the controller.
- Stock reconciliations and co-ordination of stock. BVS branches do not use Sage to check if other branches have the parts needed for the job prior buying parts.
- PSV certification inventory by warehouse.
- Assist with annual audits.
- Performs other related duties as assigned.
- 5+ years of cost accounting experience, preferably in an industrial manufacturing setting.
- Bachelor's degree in accounting or finance.
- Proven knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations with GAAP experience required.
- High attention to detail and accuracy. Ability to manipulate large amounts of data.
- Must demonstrate ability to meet financial deadlines.
- Must be proficient in utilizing and interpreting financial models and analyses.
- Ability to manage multiple priorities effectively in a fast-paced, results oriented environment.
- Strong verbal and written communication skills.
- Expert Microsoft Office skills to include Excel and related computer applications.
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Cost Accountant - Seattle, United States - Solve IT Strategies, Inc.
Description
Job Description
Job DescriptionSolve IT Strategies is looking for a Cost Accountant. This role is located at Seattle WA Onsite
The Main Responsibilities of a person are:
Qualifications: