F
Cost Analyst
Focus Employment Solutions, LLC
Ayer , MA 01432
Posted 2 weeks ago
Experience Level: Junior Level (less than 5 years of experience)
Experience Required: 3 Years
Education Level: High School or Equivalent
Job Function: Accounting/Auditing
Industry: Pharmaceuticals
Relocation Assistance: No
Visa Sponsorship Eligibility: No
The primary 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 of 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.
- Analyze manufacturing costs and regularly produce reports comparing standard and 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 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.
- Through general ledger account analysis and reconciliation, ensure the accuracy, reasonableness, and proper documentation of inventory account balances.
- 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