Accountant Cost Job Description Sample
Provides detailed cost information not supplied by general accounting systems, applying principles of cost accounting. Plans study and gathers data to determine costs of business activity, such as raw material purchases, inventory, and labor. Analyzes data obtained and documents results.
Plans and conducts comprehensive studies to improve the operational and financial effectiveness of the unit. Performs statistical, cost and financial analysis of financial reports and data, and prepares subsequent narrative analysis for management. Plans and conducts in-depth studies to determine cost of business activities. Recommends budget adjustments and other cost improvement measures. Analyses financial data, and extracts and clarifies relevant information. Interprets data to determine past financial performance and/or to project financial probability. Reviews costs and performs cost/benefit analysis related to projects and/or programs. Develops financial reports to determine forecasts, trends and results analysis. Records, classifies and summarizes financial transactions and events in accordance with generally accepted accounting principles. Interprets financial transactions and events for economic or business decision-makers.
Essential Functions & Responsibilities
Key financial creator to support Operations in primarily in Lewiston Idaho location.
Lead the preparation of annual plan and forecast data including material, labor, burden variances and total Operations expenses.
Provides key financial insight to Manufacturing (Ops, Production Engineering, and Quality) in a timely manner.
Leads financial analysis of monthly spending trends to ensure return on investment goals are achieved. Works extensively with key leadership on maximize organizational objectives.
Provides key analysis on weekly and monthly performance metrics.
Works with Operations leadership team to develop financial targets including key milestone and performance metrics.
Supports Finance and Operation senior leadership functions with any special analysis or projects.
Provide valuable input to the Operations functions to assist in achieving the organizations objectives.
Leads all manufacturing cost accounting activities including cost estimates, and inventory valuation (raw material, work in process, and finished goods).
Implements accounting disciplines necessary to assure accurate standard costs.
Provides cost estimates based on current costs in support of pricing decisions.
Analyzes manufacturing variances and provides explanations of variances.
Leads the annual standard cost revision including material, labor, and overhead costs for the Manufacturing Departments.
Directs the analysis of standards during development to assure accuracy.
Coordinates preparation of budgets to assure accurate overhead costs and direct labor.
Responsible for inventory control, coordination of cycle count program, and monthly general ledger closings for Operations accounts.
Experience & Education:
Bachelor's degree in Accounting or Finance.
Minimum of five years of experience in finance/accounting supporting a manufacturing organization. Experience working with engineering and manufacturing personnel on development and analysis of cost standards.
Technical knowledge of finance, systems, and accounting with requisite analytical and communication skills.
Must have a strong Cost systems background and have excellent analytical skills; sound understanding of accounting principles.
Experienced in cost accounting and financial planning and analysis.
Established informal leadership (i.e., leading others while not being "the boss") and interpersonal skills.
Demonstrated ability to train, organize, and develop less experienced coworkers.
Demonstrated ability to lead process improvement; effective in supporting cross functional teams.
Experience with ERP solutions and report writers.
PC, ERP and multi-dimensional database experience preferred.
Excellent math skills. Knowledge of statistical models and programs. Experience with ADP or other similar payroll systems.
Strong Excel skills and the ability to use Outlook and Word.
Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports
Responsibility: Providing timely and accurate accounting documents
Complexity of duties: The processing and analyzing of accounting information.
Supervision received: Direct oversight by the Controller.
Supervision exercised: Provide direction to co-workers, and may provide supervision of subordinates if applicable.
Working conditions: Usual office working conditions with the occasional exposure to shop elements such as noise, dust, fumes and odors.
Mental and physical demands: Regularly required to sit or stand, and move about the facility. Required to be able to read documents and computer screens.
Confidential data: Working with sensitive accounting information.
Travel requirements: Some travel between facilities to analyze work processes unique to each business.
Physical demands - Must be able to sit for long periods, some periods of standing, walking, lifting file boxes, speaking, listening, motor coordination skills, and good eyesight for reading documents and data entry. Additional and more specific physical requirements:
HMT is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, national origin, religion, gender, age, marital status, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by law.
General Summary: Accurate valuation and reporting of inventory costs.
Oversee production order processing for multiple plants as well as their aging
Financially own and take responsibility for inventory cost valuations, including quarterly standard cost updates and overheads
New item costing
Contribute to key metrics reporting and analysis for operations – MUV and PPV
Material Usage Variance (Yields) reporting
Purchase Price Variance reporting
Weekly Flash Forecasting/Reporting
Productivity improvement analysis
Forecasting and budgeting
Prepare financial reconciliations
Ad hoc projects
Other duties as assigned
Knowledge, Skills and Abilities:
Intermediate Microsoft Excel skills.
SAP experience is a plus.
Bachelor's degree – Accounting/Finance
Minimum 1-3 years of Cost Accounting
Nearest Major Market: Aurora
Nearest Secondary Market: Chicago
Would you like to work in a fast pace environment with a internationally established and growing company?
TPD's client is one of the largest cannabis companies in the world.
This rapidly growing company in the cannabis industry is ranked #1 on INC 5000. We're looking for a highly-motivated, bright, talented and professional Cost Accountant to join their team in Portland!
If you have an "Everything is Possible" attitude, you'll fit right in!
The Cost Accountant analyzes manufacturing processes and costs to establish standard labor, material, and overhead associated with the product. This role requires an energetic self-starter who can be flexible, learn quickly and troubleshoot in an often-ambiguous environment.
Develop overhead, and labor standards as required by GAAP
Review, and analyze cost pools for accuracy, proper distribution of labor, overhead cost
Participate in month-end close, prepare general ledger entries and inventory reconciliations including prepaid inventory and received not invoiced
Analyze standard cost variance accounts on a regular basis
Assist in developing policies, procedures and system controls relating to inventory and costing
Identify continuous process improvement opportunities
Help maintain standard costs to accurately reflect material and production costs
Bill of Materials Costing
Assist with internal and external audits of cost
Participate in physical inventory counts and investigate variances to resolve issues
Assists with related special projects as required
BS in Accounting, Finance or related field
Previous Cost Accounting experience in a manufacturing/warehouse/inventory environment
Experience with ERP systems (Dynamics NAV a plus)
Ability to develop and accurately prepare cost analysis reporting
Advanced computer skills, including Excel, Word, and Outlook
Possess strong communication skills and analytical, problem-solving skills
Competitive Salary: $58K to $73K annually based on experience
Full Time Hours
Monday to Friday
8:00 AM to 5:00 PM (Can be Flexible)
A people focused culture that insists on putting employees first
Competitive and fully paid benefits after probation period
Ability to be a leader to a growing office team
Opportunity to work in an emerging market with endless growth opportunities
Many other perks such as Free financial planning programs, discounted gym memberships, transit pass, etc
Interviews commence THIS week!
Send us your resume today (no cover letters required) for consideration.
We look forward to working with you!
Senior Cost Accountant
Sr. Cost Accountant
Location: Savannah, GA
SAP Experience and Inventory Costing in SAP a plus. Excellent Excel Skills required.
Manufacturing experience a plus.
Education and Experience
Bachelor's Degree in Accounting or Finance required or equivalent combination of education and experience. Four (4) years of related experience is required.
Master's Degree in Accounting or Finance or CPA may offset 1 year of experience. Proficient in the use of Microsoft applications, principally Excel is required. Strong technology expertise in other applications a plus.
Applies principles of cost accounting with a primary focus on increased analysis of cost accounting and inventory data, knowledge of cost accounting and inventory systems, and understanding the inter-company cost transfer processes.
Principle Duties and Responsibilities:
1.Analyzes and maintains a complete and accurate general ledger; prepares managerial and financial reports.
2.Prepares and compiles financial data in a timely manner to support established schedules and deadlines.
3.Prepare journal entries and supporting schedules for closing
4.Reconcile assigned accounts including preparation of appropriate documentation
5.Participates as required. on special project teams
6.Prepare analysis and recommend solutions for problems and improvements to existing systems and processes
7.Prepares schedules, reports, presentations, etc. for management
8.With minimal supervision, follows established procedures to perform moderately complex tasks requiring application of fundamental accounting practices and procedures. 9. Analyzes records of financial transactions to determine accuracy and completeness of entries.
10. Coordinates accounting procedures and activity across the enterprise to ensure standardization and consistency.
11. Specific area of responsibility
12. Applies principles of cost accounting with a primary focus on increased analysis of cost accounting and inventory data, knowledge of cost accounting and inventory systems, and understanding the inter-company cost transfer processes. Perform other duties as assigned.
1. Proficient in the use of Microsoft applications, principally Excel is required. Strong technology expertise in other applications a plus.
A credit history check from a national credit bureau will be conducted for all candidates for this position including new hires and current employees seeking promotion or transfer.
Cost Accountant II
CECO is a fast-paced, diversified global provider of leading engineered technologies to the energy, environmental, and industrial segments, targeting specific niche-focused end markets through an attractive asset-light business model. Our portfolio of technologies encompasses over 20 brands in three segments:
Energy Solutions - primarily for natural gas turbine power emission management and for separation in midstream natural gas pipelines.
Industrial Solutions - industrial air pollution control technologies such as oxidizers, scrubbers, cyclones, baghouse dust collectors, fume exhaust, modular duct, and industrial ventilation systems and custom sheet metal
Fluid Handling Solutions - centrifugal pumps for high-temperature and corrosive liquids, industrial filtration and mist eliminators.
With headquarters in the U.S., the Company is strategically balanced globally across the Americas, Asia, and EMEA (Europe, Middle East and Africa). Over the last five years, we have excelled at operational and financial excellence. Now, under new leadership, we are sharpening our focus on three core values to accelerate our growth – outside-in customer focus, learning and development, and optimizing the effectiveness of our lean, hands-on brand and shared services teams. In addition to aggressively pursuing new customers across many energy and manufacturing industries, CECO targets its $5 billion
- of installed base, specifically to expand and grow a higher recurring revenue of aftermarket products and services.
CECO's well-respected brands, technologies and solutions have been evolving for well over 50 years to become leading-edge technologies in specific niche global end markets, including natural gas turbine power, refinery & petrochemical engineered cyclones, and mid-stream energy pipeline gas transmission. CECO is listed on Nasdaq under the ticker symbol "CECE." For more information, please visit http://www.cecoenviro.com.
COST ACCOUNTANT ii
The Cost Accountant II is responsible for planning, studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor. This position is responsible for determining and implementing cost accounting procedures and methods along with the preparation and analysis of cost reports and costing audits.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Major responsibilities of the position are listed below. To perform the job successfully, an individual must be able to execute each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Analyze data collected and recording results.
Prepare plant reporting on productivity weekly or daily as required related to operating metrics.
Analyze actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs.
Record cost information for use in controlling expenditures.
Analyze changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost.
Maintain Cost Accounting System.
Provide management reporting on SKU & product family level profitability.
Develop and report on monthly cost center reports to department heads with variance analysis (YoY, vPM, and vAOP).
Analyze audits of costs and prepare reports.
Create estimates of new and proposed product costs.
Provide management with reports specifying and comparing factors affecting prices and profitability of products or services.
Assist in month end close of the general ledger.
Conducts physical inventories and monitors cycle count program.
Reconciles finished goods inventories.
Other duties as assigned.
EDUCATION AND EXPERIENCE
Bachelor's Degree in Accounting.
2-4 years of cost accounting in manufacturing environment is required.
Must have experience with:
Standard & Actual Costing Methods including rolling standards and variance analysis
Establishing standard costs for labor, overhead and materials
Analyzing and communicating variances for materials, labor, usage, and production
Working with engineering and manufacturing personnel on development and analysis of cost standards
Ability to accurately prepare daily, weekly, monthly quarterly and annual reports.
Requires a strong cost systems background and excellent analytical skills; sound understanding of accounting principals.
Well-developed ability to multi-task and prioritize with strong attention to details.
Proficient with Microsoft Office programs (Outlook, Word, Excel, and PowerPoint) and Microsoft AX D365.
SharePoint user knowledge a plus.
CECO Environmental offers a competitive salary and a comprehensive benefits package including life, medical, dental, vision, flexible spending accounts, disability coverage, 401k and more.
CECO Environmental is an EEO and E-Verify Employer. We sincerely appreciate your interest and will carefully evaluate your qualifications for employment. Be assured your opportunity for employment with our company will be based only on your merit without regard to race, color, religion, sex, age, national origin, mental or physical disability, or any other factor unrelated to job requirements.
Review and approve financial transactions and maintain accurate accounting records. Apply accounting principles and procedures in working with specialized accounting records and reports. Manage and reconcile funds, records and accounts in accordance with generally accepted accounting principles and University procedures. Research and resolve accounting problems or discrepancies. Conduct financial analyses of projects and prepare special reports. Coordinate accounting matters with other departments, locations and divisions. Additional key responsibilities include:
Provide expertise in developing and monitoring internal and external rates for Purdue's recharge and general service center and various miscellaneous rates; assist in monitoring the operational controls and governance for these systems
Assist with payroll and effort reporting compliance monitoring and data analysis
Participate in operations, reporting and controls responsible for the Federal F&A cost study which generates over $50M annually
Use various financial tools, conduct audits, to perform data extractions and analysis to provide information to both internal and external constituents including Federal and State agencies.
Provide excellent customer service to the University business and central offices
Reconciliation of payroll postings to the general ledger
Bachelor's degree in Accounting, Finance, Business Management or related
Two or more years' experience in cost accounting, accounting, business management, or related
Ability to quickly adapt to Purdue University's business processes, policies and procedures, governance practices and regulatory obligations
Excellent planning, problem-solving, organizational, project management, and customer service skills
Motivated individual with ability to efficiently multi-task and prioritize workload with emphasis on accuracy and attention to detail
Thorough and professional with ability to identify and determine problems, analyze information and implement solutions
Ability to analyze financial data and complex issues, prepare executive analysis, and offer institutional solutions
Ability to meet deadlines and produce meaningful results in a fast-paced environment
Learning orientation toward changing technology impacting business processes
Ability to work independently and collaborate in a team environment
Proficient in Microsoft Suite
- University related experience
Purdue will not sponsor employment authorization for this position
A background check will be required for employment in this position
FLSA: Exempt (Not Eligible For Overtime)
Retirement Eligibility: Defined Contribution Waiting Period
Purdue University is an EOE/AA employer. All individuals, including minorities, women, individuals with disabilities, and veterans are encouraged to apply
North Central Cost Accounting Manager - Accountant III
OPEN TO CURRENT COLORADO RESIDENTS
If your goal is to build a career that makes a difference, consider joining the dedicated people of the Colorado Department of Human Services (CDHS). Our professionals strive to design and deliver high quality human and health services that improve the safety, independence, and well-being of the people of Colorado. In addition to a great location and rewarding and meaningful work, we offer:
In addition to rewarding and meaningful work, we offer excellent benefits:
Strong, secure, yet flexible retirement benefits including a PERA Defined Benefit Plan or PERA Defined Contribution Plan www.copera.org plus 401(k) and 457 plans
Medical and dental health plans
Employer supplemented Health Savings Account
Paid life insurance
Short- and long-term disability coverage
10 paid holidays per year plus vacation and sick leave
Discounted RTD EcoPass (Denver Metro locations)
BenefitHub state employee discount program
CafeWell employee wellness program
Excellent work-life programs, such as flexible schedules, training and more
Some positions may qualify for the Public Service Loan Forgiveness Program. For more
information, go to https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/public-service.
Our Culture & Environment
Our vision is that the people of Colorado will be safe, healthy, and prepared to achieve their greatest aspirations. Through our core values listed below, CDHS staff are committed to:
Making decisions with, and acting in the best interests of the people we serve, because Colorado's success depends on their well-being
Sharing information, seeking input, and explaining our actions because we value accountability and transparency
Managing our resources efficiently because we value stewardship
Promoting a positive work environment, and supporting and developing employees, because their performance is essential to Colorado's success
Meaningfully engaging our partners and the people we serve because we must work together to achieve the best outcomes
Committing to continuous learning because Coloradans deserve effective solutions today and forward-looking innovation for tomorrow
This position resides in Office of Administrative Solutions/Division of Accounting.
The Office of Administrative Solutions (OAS) within CDHS is a strategic support unit that provides business partnerships to help CDHS programs achieve their goals. This OAS team is driven, hard-working, forward-thinking, positive, innovative, personable, and focused on service. The OAS provides accounting, contracting and procurement services for a budget in excess of $2 billion; financial reporting for dozens of unique programs; payroll and human resources services for over 5,700 employees; leadership and support related to information technology and business resources; maintenance for over 330 buildings and 3.7 million square feet of property; and assists programs with long-range infrastructure and capital asset planning. Our goal is to ensure these services are efficient and of high quality so that CDHS can achieve its goal of being the most effective 21st century human services agency in the U.S.
This Division of Accounting exists to support the Human Services system by managing departmental financial operations and resources, to accomplish effectively and efficiently the fiscal and accounting functions related to the diverse programs within the Department of Human Services, to provide fiscal support related to sources and uses of funds to program and budget management, to provide timely and accurate financial data and reports in compliance with Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB) statements, Federal regulations, and State fiscal rules and accounting controls.
Program Accounting exists to provide accountable financial information about the Human Services Programs, both State and Federal, to the Management of the Department of Human Services, the State Controller's Office, the federal government, the county departments of social/human services and others in need of information in an efficient and timely manner.
Description of Job
The purpose of this position is to:
Develop new cost allocation methodologies to provide data for CDHS management
Determine the costs of services, develop prospective rates for billing for the Mental Health Institutes and Regional Centers
Manage the cost reports and cross train team
Initiation of appeals to the Medicare and Medicaid fiscal intermediaries on audit adjustments
Research of Medicare and Medicaid guidelines, assessing the impact of changes, and advising management on actions to take
Design of reports and/or subsystems for CDHS management of cost reports
Respond to audits timely and cross train team on audit responses
Prepare indirect report reconciliations and mapping for the cost reports
Prepare complex journal entries and schedules utilizing Excel and Access
Maintain process and procedure manuals for the cost reports including supporting rule and regulations to support the processes
Minimum Qualifications, Substitutions, Conditions of Employment & Appeal Rights
Education and Experience:
Bachelor's degree from an accredited institution in Accounting or Finance.
Four (4) years of professional Accounting experience.
Bachelor's degree from an accredited institution which included 27 semester hours of accounting or auditing coursework will substitute for the degree requirement.
Additional appropriate experience will substitute for the degree requirement on a year-for-year basis.
Current, valid licensure as a CPA by the Colorado Board of Accountancy will substitute for the degree requirement and two years of the professional accounting experience.
Additional appropriate education will substitute for the required experience on a year-for-year basis.
Definition of Professional Experience: While not fully encompassing, professional accounting experience is defined by the Colorado Department of Human Services as work that typically involves the following components:
Analysis of financial transactions to determine accuracy, completeness, and conformance to established policies and procedures and generally accepted accounting standards
Preparing, analyzing, and interpreting financial reports, statements and records, (e.g. balance sheets, profit and loss statements, amortization and depreciation schedules)
Assembling data and creating financial projections
Developing, implementing, modifying and documenting accounting systems
Reconciliation of accounts
Calculating and estimating effects of proposed changes in operating programs or accounting operations;
Revenue recognition & contract completion recognition
Account troubleshooting and problem solving
Implementing and/or designing of financial controls
GL system maintenance
Making account recommendations
Preferred Qualifications (preference will be given to candidates with these qualifications):
Two years of supervisory experience
Demonstrated proficiency with Microsoft Office software, specifically Excel and Access
Demonstrated experience working with CORE (Advantage)
Preference will be given to candidates with public-sector and/or government accounting experience
Demonstrated knowledge and experience with program accounting principles and practices with human-services related programs
Preference will be given to candidates who demonstrate having greater depth of experience and knowledge related to accounting principles and practices
Preference will be given to candidates who demonstrate having greater depth of experience and knowledge related to audits and providing responses to audit requests.
Preference will be given to candidates who demonstrate having greater depth of experience and knowledge related to the development of cost allocation methodologies.
Preference will be given to candidates who demonstrate having greater depth of experience and knowledge related to Medicare and Medicaid Cost Reporting.
Conditions of Employment:
The successful candidate in this position must be willing and available to submit to the following conditions:
Must be willing to submit to and able to successfully pass a criminal background check.
Former State employees who were disciplinarily terminated or resigned in lieu of termination must disclose the information on the application and provide an explanation why the prior termination or resignation should not disqualify the applicant from the current position. Absent extraordinary circumstances, prior disciplinary termination or resignation in lieu of termination will disqualify the applicant from future State employment with CDHS.
If you receive notice that you have been eliminated from consideration for the position, you may protest the action by filing an appeal with the State Personnel Board/State Personnel Director within 10 days from the date you receive notice of the elimination.
Also, if you wish to challenge the selection and comparative analysis process, you may file an appeal with the State Personnel Board/State Personnel Director within 10 days from the receipt of notice or knowledge of the action you are challenging.
Refer to Chapters 4 and 8 of the State Personnel Board Rules and Personnel Director's Administrative Procedures, 4 CCR 801, for more information about the appeals process. The State Personnel Board Rules and Personnel Director's Administrative Procedures are available at www.colorado.gov/spb.
A standard appeal form is available at: www.colorado.gov/spb. If you appeal, your appeal must be submitted in writing on the official appeal form, signed by you or your representative, and received at the following address within 10 days of your receipt of notice or knowledge of the action: Colorado State Personnel Board/State Personnel Director, Attn: Appeals Processing, 1525 Sherman Street, 4th Floor, Denver, CO 80203. Fax: 303-866-5038. Phone: 303-866-3300. The ten-day deadline and these appeal procedures also apply to all charges of discrimination.
How to Apply (PLEASE READ CAREFULLY)
Note: Current and former employees (transfers, voluntary demotions and reinstatements) are required to apply and participate in the comparative analysis process. Former employees of the Colorado Department of Human Services (CDHS) who were disciplinary terminated or resigned in lieu of termination must disclose the information on your application and may not be eligible for employment at CDHS.
Applicants are required to attach a cover letter and resume to their application.
Please note that ONLY your State of Colorado job application will be reviewed during the initial screening; if you submit a resume and cover letter, they will be reviewed in later stages of the selection process. Therefore, it is paramount that you clearly describe all of your relevant experience on the application itself. Applications left blank or marked "SEE RESUME" will not be considered.
Your application will be reviewed against the minimum qualifications for the position. If your application demonstrates that you meet the minimum qualifications, you will be invited to the comparative analysis process, which is described below.
Note: Current and former employees (transfers, voluntary demotions and reinstatements) are required to apply and participate in the comparative analysis process.
Comparative Analysis Process
The comparative analysis process for this position may consist of a structured application review depending on the number of qualified applicants.
For Recruiting questions, please contact firstname.lastname@example.org
ADAAA Accommodations: Any person with a disability as defined by the ADA Amendments Act of 2008 (ADAAA) may be provided a reasonable accommodation upon request to enable the person to complete an employment assessment. To request an accommodation, please contact Bridget Clawson Braaten at 303-866-4373 or email@example.com by phone or email at least five business days before the assessment date to allow us to evaluate your request and prepare for the accommodation. You may be asked to provide additional information, including medical documentation, regarding functional limitations and type of accommodation needed. Please ensure that you have this information available well in advance of the assessment date.
Toll Free Applicant Technical Support: If you experience technical difficulty with the NEOGOV system (e.g. uploading or attaching documents to your online application) call NEOGOV technical support at 855-524-5627 Mon-Fri between 6 am and 6 pm (Pacific Time). Helpful hints: if you are having difficulty uploading or attaching documents to your application first, ensure your documents are PDF or Microsoft Word files, and second, close the document before you attempt upload (attach) it.
At Brooks, new ideas, new technologies and new ways of thinking are driving our future. Our customer focused culture encourages employees to embrace innovation and challenge the status quo with novel thinking and collaborative work relationships.
All we accomplish is grounded in our core values of Customer Focus, Achievement, Accountability, Teamwork, Employee Value and Integrity
Job TitleCost Accountant
Provides Cost Accounting and Inventory Accounting support to the Chelmsford Manufacturing site.
Review of Purchase Price and Work Order variances from Standard Costs
Works closely with the Buyers to establish initial standard costs on new Buy items
Works closely with Operations to establish costs on newly introduced Manufacturing assemblies
Prepares and books Journal Entries related to Inventory Valuation including associated reserves
Working with the Operations Controller and local management participate in the quarterly review of Excess and Obsolete Inventories
Perform Ad-Hoc Financial Analyzes as needed working with the Operations Controller
Assists with the Book to Physical Inventroy reconcilliation at the end of each fiscal month
Supports the Daily Cycle count program at the Chelmsford Manufacturing site
Ideally 2 to 4 years Cost Accounting experience in a Manufacturing Environment
Bachelor's degree in Accounting and or Finance
Experience working with an ERP System (Ideally Oracle but that is not a must)
If any applicant is unable to complete an application or respond to a job opening because of a disability, please email at HR.Recruiting@brooks.com for assistance.
Brooks Automation is an Equal Opportunity Employer. This company considers candidates regardless of race, color, age, religion, gender, sexual orientation, gender identity, national origin, disability or veteran status.
Ensure Accounting Policies are applied in accordance with Generally Accepted Accounting Principles
Analysis of financial transactions, trends, and results
Prepare month end closing entries and perform analysis for assigned products and accounts
Perform monthly analysis and reporting for assigned products and accounts
Report financial results to management
Support budget preparation
Support coordination of year end physical inventory
Daily Task Performed
Review and process daily transactions
Communicate with internal and external groups as well as deliver reports to upper management
Prepare and review Monthly Journal Entries, analysis, and reports
Analyze Bill of Materials (BOM) and accumulate costs for pricing and inventory valuation
Support preparation of Consolidation Reporting Package to the Parent Company
Develop, implement, monitor and manage the Company's Sales & COS budget and forecasting processes
Minimum Job Relevant Knowledge
Ability to apply accounting theory (IFRS & GAAP) to financial transactions
Intermediate understanding of cost accounting and variance analysis
Basic understanding of financial accounting and closing routines
Minimum Job Relevant Experience-(Type & Length of Time)
Ability to apply accounting theory, IFRS & US GAAP to accounting transactions
Intermediate understanding of cost accounting and variance analysis
3 years in accounting with experience in cost accounting
Education/Degree Certification Required
- Bachelor's degree with major in Accounting or Finance CPA and/or CMA preferred
Experience in SAP or similar Financial software
Ability to apply accounting theory (Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)) to accounting transactions
Experience in a manufacturing environment
Ability to prepare and deliver presentations
Ability to adjust and work effectively in a dynamic, changing environment
Intermediate skills in Microsoft Office with emphasis on Excel, PowerPoint and Access
Desired Skills and Abilities
Strong verbal and written communication skills
Problem solving and decision making skills
Well organized and detail oriented
Skills in Microsoft Office with emphasis in Excel, PowerPoint and Access
Ability to work as part of a team
Additional Work Factors
Environment candidates will be working in: Office
Estimated amount of overtime: 10 hours/week
Frequency, average duration of travel: Periodically
Meggitt is a global engineering group specializing in extreme environment products and smart sub-systems for aerospace, defense and energy markets. We employ over 11,000 people across manufacturing facilities in Asia, Europe, North America, with regional bases in India and the Middle East.
The Cost Accountant records, verifies, and consolidates transactions while ensuring the integrity of the accounting information. Ensures the accounting records are complete, accurate and is in accordance with generally accepted accounting policies and principles.
Job Core Responsibilities
Develop standard costs
Assist with cycle counts – planning, auditing and reporting results
Monitor the accuracy of all labor transactions PPV (Purchase Price Variance) and scrap reporting
Excess and obsolescence
Work Order Variance Reporting and Analysis
Review and upload material costs
Perform annual cost roll up and reporting
Complete Balance Sheet Account Reconciliations related to perpetual inventory, PPV, WIP and scrap
Responsible for Month End Close duties such as journal entries related but not limited to receipts, cost change/amortization, stock accruals, WIP
Responsible for credit releases
Prepare monthly schedules for the consolidated Financial Package
Perform Financial Analysis or Flux Analysis on assigned accounts
Participate in external and internal audits
Develop & document process and procedures as needed for department efficiencies
Ad hoc reporting and analysis
Tight interaction with various departments such as Shared Services, Operations and Warehouse
Education: Bachelor Degree in Accounting or equivalent combination of relevant education and work experience that will allow successful performance of job expectation
Years' Experience: 3-5 years of relevant experience
Excellent verbal and written communication skills as well as interpersonal skills to drive task to completion
Strong computer skills--Word, Excel, PowerPoint. SAP experience a plus but not required
Strong attention to detail and highly organized with the ability to multi-task
Strong problem solving skills
Ability to meet deadlines
Ability to streamline all processes for efficiency and effectiveness overall
Ability to maintain good working relationships with vendors, customers and other Meggitt employees
Ability to function as a team player
This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee.
Meggitt is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.
If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at 1-855-474-7665 or HRISon@meggitt.com.
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