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    Cost Analyst - Ayer, United States - KLM Careers

    KLM Careers
    KLM Careers Ayer, United States

    3 days ago

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    Description

    Job Description

    Job Description

    Cost Analyst

    Ayer, MA

    Must be a US Citizen or Green Card holder.

    The main responsibilities encompass managing the cost accounting system, analyzing and reporting on financial data, overseeing inventory, supporting audits, and improving accounting procedures.

    MUST HAVES:

    • At least 3 years' experience in general accounting and/or cost accounting within a manufacturing environment
    • Exposure to costing in MRP systems

    RESPONSIBILITIES:

    • Create and manage the organization's cost accounting system, including all related documents and records.
    • Analyze trends in costs and variances, investigate significant discrepancies, and suggest suitable actions.
    • Conduct analyses of manufacturing costs and regularly produce reports that compare standard costs with actual production costs.
    • Engage actively in meetings related to new product development.
    • Estimate costs for new and proposed products.
    • Prepare monthly inventory reports and evaluate inventory reserve needs in collaboration with the Supply Chain team.
    • Oversee quarterly or bi-annual inventory audits, prepare related reports, and reconcile inventory results for management review.
    • Support the annual review and update of standard costs, including labor and overhead rates.
    • Execute month-end closing procedures as required.
    • Ensure the accuracy, reasonableness, and proper documentation of inventory account balances through general ledger account analysis and reconciliation.
    • Align engineering budgeted production standards with QuickBooks data.
    • Facilitate the work of external and internal auditors during semi-annual and annual audits and according to the internal audit schedule.
    • Work with other accounting staff to evaluate and enhance accounting systems and procedures, and provide training on new or revised processes.
    • Offer assistance to the accounts

    BENEFITS:

    • Medical, Dental, Vision Insurance
    • Group Life and Disability insurance
    • 401(k) with match
    • Paid Holidays
    • Biweekly profit-sharing contribution
    • PTO (Vacation and Sick Time)
    • Bonuses

    Required Knowledge, Skills, and Abilities: (Hiring Companies ATS Questions):

    1. Do you have at least 3 years\' experience in general accounting and/or cost accounting within a manufacturing environment

    2. Do you have exposure to costing in MRP systems

    3. Do you have a Bachelors degree in accounting, Finance, or other related discipline - NICE TO HAVE:

    4. Do you have SAP or other similar software experience - NICE TO HAVE:

    5. Must be a US Citizen or Green Card holder.

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