Establish, maintain, monitor and report accurate product costing and inventory data. Collect data and prepare reports for all manufacturing and operational activity. Compare budget to actual expenses and analyze variances. Assist in establishing and implementing new or modified cost accounting systems, methods and procedures. Provide cost accounting support to all areas of the company as needed with an emphasis on operations. Act as the liaison to external and internal auditors for all cost and inventory accounting requests.
Reconcile cost of sales and inventory accounts
Assist in month-end closing, prepare journal entries as necessary, analyze inventory valuation and prepare inventory roll forward
Reclass costs to correct accounts as required (warranty, etc.)
Analyze production variances and propose adjustments as needed
Review activity recorded via time and labor posting, reclassify as needed, notify appropriate staff of any changes required to ensure accurate reporting
Report on cost metrics including product line margins and variances, labor costs and efficiencies, etc
Maintain internal control documentation and test internal controls
Review and analyze inventory and margin reports, conduct research and perform analytical studies in regards to cost analyses and profitability
Ensure timely submission, accuracy and validity of inventory, gross margin schedules to management
Analyze cost accounting data and assist with cycle count/physical inventories
Assist in compliance with Sarbanes-Oxley Section 404 implementation
Coordinate with IT department for system, data request and reporting issues.
Perform annual cost roll
Act as liaison to operations personnel for cost accounting and product related reporting.
Special projects as assigned