Cost Accountant

Summary:

Applies principles of accounting to analyze financial information and prepare financial reports by performing the following duties.

Responsibilities:

• Weekly reports regarding cost center level spending, inventory activity, and absorption/consumption.
• Work with highly automated financial (Excel) models to quickly consolidate transaction level information.
• Extract and manipulate large data sets from SAP to answer questions, solve problems, and support weekly reporting.
• Compiles and analyzes financial information to prepare entries to accounts, such as general ledger accounts, documenting business transactions.
• Performs statistical analyses to determine trends, estimates, and significant changes, and writes narrative reports explaining findings.
• Analyzes financial information to summarize and interpret current and projected company financial position for other managers.
• Prepare and present detailed schedules regarding inventory and other balance sheet balances to upper management.
• Determines proper handling of financial transactions and approves transactions within designated limits.
• Monitors compliance with generally accepted accounting principles and company procedures.
• Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
• Installs, modifies, documents, and coordinates implementation of accounting systems and accounting control procedures.
• Consolidates and calculates inventory balances from subledgers, including obsolescence or LCM (lower of cost/market) reserves when applicable.
• Collects appropriate data regarding federal, state, and local reports and tax returns.
• Assist in preparing monthly and quarterly financial reports.
• Complete reconciliation of inventory subledger accounts.
• Provide data regarding Sales Tax & PP&E Tax reports.
• Monitor and manage inventory and WIP accounting process.
• Writes and modifies cost/accounting related reports in Power BI.

Required Skills and Experience:

• Bachelor's degree (B. A.) from four-year college or university in accounting or related field required; previous experience in manufacturing standard cost environment required.
• High level of competency in Microsoft Excel
• Working knowledge of SQL and Power BI preferred.
• Experience in SAP highly preferred.
• Ability to work flexible hours as required, including weekends and holidays
• Strong written and verbal communication skills.
• 5 plus years of in-depth knowledge of accounting principles