The Cost Accounting Sr Analyst is responsible for setting up and maintaining the accuracy of a standard cost system, perform review of material, labor and overhead plant costs and explain variances to production, review inventory transactions, seek cost improvement opportunities in the plant, month end closing and special projects by management.

 

DUTIES & RESPONSIBILITIES:         Set standard costs of manufactured products as part of ERP revitalization project        Develop and analyze cost standards        Establish costs of business processes such as administration, labor, shipping etc.        Recommend changes to company processes and policies to reduce costs and maximize profit        Advise Leadership on appropriate costing based on financial data        Collect and analyze data regarding the company's operational costs        Carry out cost-volume-profit (CVP) analysis        Facilitate meetings with production and review labor, material and overhead cost analysis        Prepare weekly labor analysis for manufacturing        Prepare audit reports and present findings to Leadership        Perform the monthly financial closing including account reconciliations, setting Inventory reserves, maintain accuracy of Inventory cost at Item level, review inventory transactions, explain monthly cost variances to standard costs        Manage the company's balance sheet and accounting books        Prepare job costs for new products        Support other company Accountants with capital expenditure and special projects        Prepare monthly reconciliation on various accounts.        5+ years of experience as a Cost Accounting Analyst in a Manufacturing environment        Understanding of Sales & Operation Planning        In depth knowledge of BOM, routing, Inventory, raw materials, WIP, FG        Advanced knowledge of mathematics and statistics        Understanding of organizational accounting concepts        Strong Financial Analysis skills        Ability to prepare financial reports and give recommendations based on available data        Superior knowledge of financial reporting software tools and ERP software.  Prefer to have NetSuite (ERP) experience.        Strong excel skills, advanced formulas, pivot tables, database, graphs and PowerPoint.        In-depth knowledge of financial guidelines and regulations        Strong business acumen and the ability to interact with multiple levels of the organization.        Keen analytic, organization and problem-solving skills which allows for strategic data interpretation versus simple reporting.        Ability to organize work and projects, prioritize and meet deadlines.        Professional written and verbal communication skills.        Bachelor’s degree in Accounting or similar required

 

WORKING CONDITIONS:

This position works in an office environment and as is the nature of our business is exposed to manufacturing operations.

 

PHYSICAL REQUIREMENTS:

Must be able to sit at a computer for long periods of time.

 

DIRECT REPORTS:

This position does not have direct reports.