- Cost Analysis & Reporting: Analyze production and operational costs, including labor, materials, and overhead. Conduct complex cost audits and prepare detailed cost reports. Perform cost-volume-profit (CVP) analysis and life-cycle cost-benefit analyses. Acts as the "eyes and ears" for the controllership function regarding key developments in our operations.
- System & Process Management: Develop, maintain, and improve the cost accounting system and records. Establish and monitor standard costs for manufactured goods. Ensure compliance with Generally Accepted Accounting Principles (GAAP). Maintains fixed asset processing, tracking and reporting. Provides project analysis as needed including cost estimates of new or modified products, evaluation of capital projects, and product line expansion or restructuring analyses. Prepares monthly balance sheet reconciliations, including analysis of movements.
- Variance Analysis & Improvement: Analyze cost variances between standard and actual costs to identify root causes. Recommend process improvements and cost-saving measures to management.
- Inventory & Supply Chain Support: Manage and optimize inventory costs, including physical counts and reconciliations. Collaborate with supply chain and procurement teams to manage supplier costs. Manage Excess and Obsolete process working with the Sales, operations, and supply chain to drive actions to minimize impairment costs in the future.
- Financial Planning & Budgeting: Assist in creating financial models and projections for new initiatives and business plans. Compile cost data for annual operating budget and forecast future purchasing costs.
- Teamwork: Intermediate
- Microsoft Excel: Advanced
- Problem Solving: Intermediate
- Data Analysis: Intermediate
- Communication-Written: Intermediate
- Communication-Verbal: Intermediate
- Business Acumen: Some Knowledge
- Analytical: Intermediate
- Accountability: Intermediate
- Business Intelligence: Some Knowledge
- ERP System Knowledge: Some Knowledge
- Detail Oriented: Capable of carrying out a given task with all details necessary to get the task done well
- Team Player: Works well as a member of a group
- Experience working with engineering and manufacturing personnel on development and analysis of standard costs.
- 5 years: Experience in accounting in a manufacturing environment with involvement in closing, cost accounting, account reconciliation, and financial analysis required.
- Experience in Infor M3, Prophix helpful.
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Senior Cost Accountant - Cresco - Weiler
Description
Senior Cost Accountant
We've been leading the Weiler way for four generations, creating value-enhancing solutions for cleaning, grinding, cutting, deburring and finishing. It's not just what we do, but how we do it. If you have the passion and energy to spark success and are bold enough to see the possibilities, join us to help build our future, and we'll help build yours.
The ideal candidate will be located within a commutable distance of Cresco, PA as this role is eligible for a hybrid work schedule.
Position Summary: The Senior Cost Accountant performs financial analysis to track, analyze, and control production and operational costs, identifies cost-saving opportunities, and develops financial reports to guide management decisions. Key responsibilities include developing and maintaining cost accounting systems, performing variance analysis, managing budgets, and collaborating with other departments like manufacturing and engineering. This position is a key team member of the Accounting/Finance team and must possess the core values of Integrity, Quality, Passion, Accountability, Innovation, and be Performance Driven.
Essential job functions and responsibilities:
Education and Experience: Bachelor's degree in accounting, finance, or business administration required. MBA or CPA a plus. At least 5 years' experience in accounting in a manufacturing environment with involvement in closing, cost accounting, account reconciliation, and financial analysis required. Must have the ability to apply generally accepted accounting principles. Experience working with engineering and manufacturing personnel on development and analysis of standard costs. Strong attention to detail, analytical ability and problem-solving skills. Strong interpersonal and oral communication skills. Highly ethical, self-motivated, professional with the ability to function as part of a team. Must be tech savvy and a quick learner of ERP systems and BI software demonstrating an ability to understand the logic behind these systems to properly translate operating impacts to accounting transactions. Must have advanced MS Excel skills (e.g., VLOOKUP, SUMIF, Pivot Tables, etc.). Experience in Infor M3, Prophix helpful.
Skills
Required
Preferred
Behaviors
Required
Education
Required
Bachelors or better in Accounting or related field.
Preferred
Masters or better in Business Administration.
Experience
Required
Preferred
Licenses & Certifications
Preferred
Certified Public Acct
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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