Inventory and Cost Accountant - Elk Grove Village, United States - AstroNova, Inc.
Description
_Summary_
The Inventory & Cost Accountant monitors daily BOM transactions through the ERP system. This person ensures the accuracy of bills of materials, inventory accounts, and excess/obsolescence reserve. At year-end, this person leads the inventory physical count and revaluation processes.
**_
Responsibilities_**- Manage daily cost accounting transactions within a manufacturing environment and maintain ERP system data integrity.
- Ensure all inventory transactions are accounted for accurately and timely in accordance with GAAP and Sarbanes-Oxley internal control requirements.
- Manage, reconcile, and facilitate the monthend accounting close. Ensure the accuracy of monthly reports and improve efficiencies in the close process.
- Analyze monthly sales, margins, and manufacturing variances by utilizing reportwriting tools and presenting information to management and the operations team.
- Ensure accuracy and integrity of bills of materials and routings.
- Interface with operations team to define key metrics. Report monthly operational scorecard of key metrics relative to Total Quality Management. Discuss areas of exposure and provide recommendations.
- Coordinate, perform, and evaluate annual physical inventory, cost revaluation, and cost accounting financial audit.
- Evaluate, develop, and implement process improvements in ERP system, work order processing, RMA and specialty product builds.
- Provide functional support for strategic initiatives within the Supply Chain organization.
- Manage the documentation and maintenance of general and cost accounting processes and internal controls.
- Develop and manage cycle count program in accordance with defined guidelines.
- Assist with the development of the annual budget.
- Other duties that may be assigned.
Requirements_**- Experience_
3 years in a manufacturing environment. Strong understanding of cost accounting systems and the BOM process. ERP software experience is required (NetSuite preferred). Strong knowledge of Microsoft Excel.
- Education_
- Training_
- Continuous cost accounting training and education is required. Pursuit of the CMA designation is encouraged.
- New employee orientation
- Reading Quality Policy and QC Manual on annual basis (documented in HR)
- Reading/on the job training on procedures, minimum annually (documented in HR)
- Seminars, classes, lectures at discretion of manager (documented in HR)
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