Cost Analyst - Lowell, United States - Seatech Solutions LLC

Mark Lane

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Mark Lane

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Description

Cost Analyst - Lowell, MA

Onsite position

Job Summary:


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


Key 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 biannual 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 monthend 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 semiannual 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

Requirements:


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

Benefits:


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

Pay:
$57, $70,000.00 per year


Benefits:


  • 401(k)
  • 401(k)
matching

  • Dental insurance
  • Disability insurance
  • Health insurance
  • Life insurance
  • Paid sick time
  • Paid time off
  • Vision insurance

Education:


  • High school or equivalent (required)

Experience:

Cost Analyst: 3 years (required)


Work Location:
In person

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