Cost Accountant - Bloomfield - Deringer-Ney

    Deringer-Ney
    Deringer-Ney Bloomfield

    1 day ago

    $48,000 - $80,000 (USD) per year *
    Description

    Cost Accountant

    As part of the Accounting Department, the Cost Accountant is a supporting resource managing Product Costing, Work Order Closure Gains/Losses, Metal Management programs including refining relationships, metal locks and metal inventory accuracy for all locations.

    Supervisory Responsibilities: None

    Duties/Responsibilities:

    Inventory Costing and Controls:

    • Participate in the annual cost roll by reviewing material costs and calculating direct labor and overhead rates.
    • Prepare periodic job order variances reporting and assist with variance review.
    • Reconcile copper ledger scrap reporting to physical scrap.
    • Assist with monthly metals reconciliation to the ledger and bank balances.
    • Assist with annual physical inventory count as needed.
    • Calculate and report on cycle count accuracy and perform quarterly cycle count audits.
    • Assist in review of Metal gains and losses.
    • Prepare quarterly Excess and Obsolete inventory reports and coordinate scrap of obsolete items.
    • Update item Master in M2M system as necessary.
    • Roll standard cost for individual items as needed.
    • Prepare various inventory turn reporting (Metal turns, inventory turns) and labor reporting.
    • Investigate labor reporting errors; reconcile the Screw Machine Department scrap.
    • Perform various inventory transactions in the M2M system.
    • Monitor tooling job orders.

    General Ledger and FP&A:

    • Perform timely and accurate month-end close activities including journal entries and reconciliations.
    • Provide support for an annual financial audit.
    • Participate in preparation of quarterly forecasts and annual budget.
    • Assist in validation of budgeted headcount to production hours during annual budget process.
    • Support the Cost Accounting Manager in review of margins and product costing.
    • Other duties as assigned or required.

    Required Skills/Abilities:

    • Ability to navigate Job Costing/Inventory Control System.
    • Strong Excel skills are crucial.
    • Good written and oral communication skills with management and personnel are necessary.
    • Be neat and detail oriented.
    • An affinity for numbers is vital.

    Experience & Education Requirements:

    • Bachelor's degree with a concentration in Accounting is required.
    • Demonstrated knowledge of inventory control.
    • Demonstrated management of inventory movement controls and costing.
    • 2-3 years of experience in a manufacturing environment.

    Physical Requirements:

    • Prolonged periods of sitting at a desk and working on a computer.
    • Must be able to access and navigate each department at the organization's facilities.
    • Some domestic and international travel might be required.
    * This salary range is an estimation made by beBee
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