Cost Accountant - Columbia, United States - Softcom Systems Inc

Description

Job Description

Position Summary

Reporting to the VP, Finance, the Cost Accountant is responsible for timely and accurate cost and financial analyses, metrics reporting, development and communication of recommendations related to manufacturing costs, profit modeling, and financial accounting to provide key information to management for improvement of the overall business.

Essential Functions

• Responsible for development and maintenance of cost accounting systems which includes: (1) bills of materials and routings input, review, and verification (2) provision of cost estimates and analyses for potential new products and changes to existing products, and (3) variance analyses.
• Maintain and update standard cost data to ensure that all standard costs are accurate and reflect current manufacturing processes
• Routinely perform manufacturing cost studies or time studies to identify areas of possible cost savings and maximize profitability
• Responsible for generating, maintaining, and analyzing reports and data for monthly manufacturing cost reviews and business process improvements
• Provide complete and accurate manufacturing Key Performance Indicators weekly to drive execution
• Monthly cost trend analysis
• Participate in manufacturing planning, logistics and operations meetings and reconcile production data to financial reporting through job closing process
• Preparing accurate and timely analysis of inventory, margins, and absorption rates
• Best Practices cost savings and validation
• Perform appropriate risk and sensitivity analysis
• Communicate with cross-functional teams to build robust business case assumptions
• Assist in the physical inventory process/reconciliation/revaluations.
• Assist with analysis of capital requests

Position Specifications

• Bachelor's degree (Accounting, Engineering, Finance, Statistics focus)
• 5 plus "hands on" manufacturing experience with a focus on standard and job costing
• Post-graduate work or certification (CCA, CMA, CPCA, CCE, Six Sigma) recommended but not required
• Strong system skills - Word, Excel, PowerPoint, Visio, PowerBI; EPICOR and Prophix Reporting preferred
• This person must be flexible and can prioritize and simultaneously oversee multiple tasks