Cost Accountant - Auburn Hills - FEV North America, Inc.

    FEV North America, Inc.
    FEV North America, Inc. Auburn Hills

    6 hours ago

    Description

    Responsible for analyzing and managing an organization's costs, ensuring financial efficiency, and providing insights for budgeting and financial decision-making.
    Job Responsibilities:

    • Analyze the cost structure of the business, including engineering services, labor, and overhead, to identify inefficiencies and recommend cost-saving measures.
    • Develop and maintain budgets, ensuring that all expenses are well-planned and justified.
    • Prepare detailed reports on cost analysis, budget variances, and financial forecasts to assist management in decision making.
    • Work closely with other departments, such as finance and operations, to gather data and provide insights that support strategic planning.
    • Monitor and analyze inventory costs, ensuring accurate accounting for inventory and fixed assets.
    • Assisting with month-end closing process ensuring the proper documentation.
    • Preparing audit reports and presenting their findings to management.
    • Recommending changes to the company's processes and policies to reduce cost and maximize profit.
    • Advising executives and upper management on appropriate costing based on financial data.
    • Managing the company's balance sheet and accounting books.
    • Experience doing monthly R&D, P&L, and Cash Forecast is important.
    • Familiarity working with a services company (engineering). Or R&D controller type background.
    Requirements
    • Advanced SAP experience - will create and maintain associated projects, records, and cost centers within SAP.
    • 8-10 years' experience as a Cost Account or R&D assistant controller.
    • Strong analytical abilities to interpret financial data and identify trends or discrepancies.
    • A keen eye for detail to ensure accuracy in financial reporting and compliance with
    • accounting standards.
    • Excellent verbal and written communication skills to present findings and recommendations effectively.
    • Familiarity with accounting software and tools (SAP), as well as advanced Excel skills for data analysis.
    • Bachelor's degree in accounting, finance, or related field.
    • Professional certification such as a CMA (Certified Management Account) is preferred.

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