Great opportunity with our exceptional manufacturing client to act as sole Sr. Cost Accountant reporting to the Controller! Will determine the cost of raw materials, labor, overhead and value inventory across their manufacturing organization’s manufacturing sites. This role supports acquisition integrations, prepares month end inventory reporting and reconciliations, along with journal entries and other ad hoc projects. Two days per week in the office/plant near Grafton, WI, rest from home.
Duties include:
Financial Reporting & Close Responsibilities
- Execute monthly close responsibilities according to schedule for assigned scope areas, including preparing journal entries and variance reporting
- Prepare inventory related balance sheet account reconciliations and supporting documentation
- Review, investigate, and correct errors and inconsistencies in inventory accounting transactions to ensure proper general ledger treatment
- Lead and execute variance capitalization analysis and reporting, including material usage and purchase price variances, direct and indirect labor, and manufacturing overhead variances; partner with FP&A to incorporate into monthly variance reporting
- Work with the Company’s external auditors to provide requested documentation and explain transaction activity
- Support other enterprise-wide accounting activities as needed
Costing, Inventory & Manufacturing Support
- Lead preparation, validation, and execution of standard cost rolls
- Participate with cross functional teams to properly make cost changes in existing BOMs, prepare BOM cost estimates, and support creation of new items/BOMs
- Support manufacturing operating activities as needed (cycle counts, physical inventory, etc.)
- Execute acquisition integration activities related to cost accounting, including opening balance sheet inventory, month end close support, and standard cost/ERP deployment
Process Improvement & Cross Functional Collaboration
- Identify areas within cost accounting to improve processes and lead continuous improvement initiatives (close cycle time, capitalization, perpetual inventory, standard cost rolls, etc.)
- Collaborate cross functionally with operations, FP&A, and other business partners to ensure accurate costing and reporting
- Occasional quarterly travel to the 2 other US plants required
Qualifications:
- Bachelor's degree or equivalent in accounting.
- 4+ years of progressive accounting experience with at least 2 years of related experience in Cost Accounting. Must have experience setting and validating manufacturing overhead and labor rate standard costs and also experience validating new BOM's.
- Experience working with operations, engineering and manufacturing team members on the development and analysis of cost standards.
- Ability to track and document results accurately.
Technical Skills:
- CPA and/or Public accounting experience is a plus;
- Proficient in Microsoft Office applications (Excel Advanced User) and experience working with ERP systems; Knowledge of US GAAP, IFRS is a plus
