Accountant Cost Job Description Sample
Cost Accountant Contract Opening
DUTIES AND RESPONSIBILITIES:
Federal Mogul's Piston Rings and Liners business in Manitowoc is looking for a Cost Accountant who will report directly to the controller in relation to multiple plants including Federal-Mogul Manitowoc, Federal-Mogul Sparta, and United Piston Ring, Inc and help maintain two traded ledgers. This position will interact and communicate regularly with operations, human resources, engineering, logistics, as well as corporate in order to enhance or improve current processes.
The ability to work in a dynamic, fast-paced manufacturing environment is essential to your success at Federal-Mogul. We are looking for outstanding communication skills—interpersonal, speaking, writing and listening. An ideal candidate is someone who is degreed with CPA or CMA certification, and who has plant Cost Accounting experience.
We are ready to act immediately on those candidates who are the best fit for the role. You'll first hear from someone in Talent Acquisition and then the next step will be a personal interview with our Athens Plant Controller. We pride ourselves on moving through processes quickly, and you can be sure of transparency and prompt communication throughout.
Updates new parts for bill of materials, routers and overhead rates monthly.
Assist in the preparation of the operating budget and forecasts on a monthly and annual basis.
Establish standard costs on all manufactured and purchased parts.
Lead the plant wide quoting process.
Assess inventory control measures and develops measures to improve inventory accuracy in conjunction with Logistics and Operations.
Analyze and prepare journal entries at month end, quarter end, and year end close.
Assist in the enforcement and tracking of month end close deadlines.
Ensure proper shop order, sample order, scrap reporting and analysis.
Develops and analyzes material and labor variances to suggest improvements within the current process.
Create ad hoc reports, analysis and special projects as required by management.
Work directly with the controller to establish standard costs on all manufactured and purchased parts.
Responsible for the timely completion of United Piston Ring's financial statements and subsequent reporting to Federal-Mogul management and TPR America.
Responsible for SOX and audit compliance, corporate reporting and other financial analysis as required.
Education: Bachelor's degree in Finance, Accounting, or related field required. CPA or CMA certification preferred.
Skills & Experience
Five years of accounting/finance experience with increasing responsibility.
Knowledgeable of accounting databases.
Good understanding of accounting mechanics.
Cost accounting experience.
Familiar with SOX and internal controls.
Strong analytical, communication, and organizational skills.
Good interpersonal skills necessary to interface with a wide variety of internal and external contacts.
Strong Microsoft Office skills and experience.
Demonstrated experience with large ERP systems.
Experience within the automotive industry preferred.
Equal Opportunity Employer Minorities/Women/Veterans/Disabled
Job Description: and Responsibilities:
Assist in month-end closing, prepare journal entries, analyze inventory valuation, report WW inventory levels and inventory reserve levels
Assist with Budgeting process
Coordinate with Production department for Work order variances closing
Assist in compliance with Sarbanes-Oxley Section 404
Analyze cost accounting data and assist with cycle count/physical inventories
Maintain internal control documentation and test internal controls
Prepare detailed account analysis and reconciliations
Prepare reports and conduct Excess and Obsolete inventory review meetings
Support and assist internal department reporting requirements such as audit schedules, tax schedules and others
Track, reconcile, and report on Loan and Consignment inventory.
Education and Work Experience:
Bachelor's degree in Accounting/Finance/CIMA
At least 5 year experience in a manufacturing industry
Proficiency in Excel and Microsoft Office products
Ability to analyze and reconcile complex accounts and reserves
Strong organizational and communicational skills
Knowledge of Oracle and Hyperion systems preferred
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.
Sr. Cost Accountant (Manufacturing)- CLT
Division: Power and Gas
Business Unit: Large Gas Turbines, Generators
Requisition Number: 234592
Primary Location: United States-North Carolina-Charlotte
Assignment Category: Full-time regular
Experience Level: Mid level
Education Required Level: Bachelor's Degree
Travel Required: 5%
Siemens sets the standard for excellence in power generation, transmission and distribution, and provides innovative customer solutions – from utilities, to industrial space, to oil and gas companies. Siemens' portfolio includes power plants and power-generating equipment, turbines for use as mechanical drives, compressors for industrial applications, power transmission and distribution systems, smart grid applications, and related instrumentation and control systems.
Sr. Cost Accountant position working in Manufacturing of Large Gas Turbines and Hot Gas Component organizations.
High level Financial Analyst role will work within multiple sub-groups of the Charlotte campus BA (Business Administration) organization representing the Manufacturing Large Gas Turbine (MGT) & Manufacturing Hot Gas (MHG) business segments.
Lead for in-sourcing and new business case development and analysis
Development of financial metrics and KPI's for new business opportunities
Benchmarking of in-sourcing and new business opportunities
Supporting both (MGT & MHG) technical organizations with high level financial analysis
Lead process improvement initiatives within the BA organizations in order to achieve productivity and efficiency gains.
Introduce new ideas for further improvements within the business.
Coordinate process improvement workshops within the BA team to drive productivity and further efficiency.
Conduct scenario analysis and comparisons in order to convey business strategy and situation.
Reports to the Director of Finance
Required Knowledge/Skills, Education, and Experience
Bachelor's degree or equivalent (preferably in Finance or Accounting)
8 years relevant work experience in manufacturing finance/costing accounting environment.
Ability to drive process improvement and cost accounting
Advance Excel skills
Strong experience with Financial Reporting and analytics
Financial audit process experience
MS Office (Power Point, Outlook), software/IT
Strong communications at all levels
Up to 5% Travel (Domestic/International)
Qualified Applicants must be legally authorized for employment in the United States. Qualified Applicants will not require employer sponsored work authorization now or in the future for employment in the United States.
Preferred Knowledge/Skills, Education, and Experience
- Master's degree in Business Administration, Finance or Accounting(degree type and area of study)
- SAP experience
- 10+ years of relevant work experience in manufacturing finance/cost accounting environment.
Job Number 18007467
Company Nestle USA
Location Laurel, Maryland
Co-pilot within the Factory Leadership Team (vision, organization, practices, initiatives/projects) on a day to day basis for assigned Local Committee. Provide financial leadership by supplying plant and corporate management accurate and timely financial data, as well as analysis and recommended actions to identify and correct inefficient operations resulting in lower operating costs.
Ensure sound costing in adherence to financial legal requirements and NAS. Ensure compliance of factory with Nestle regulations and best practices through leading the compliance network in the factory.
Challenge assumptions in seeking cost improvements in factory. Seek for and support cost improvement opportunities, be an active contributor to improvement projects and initiatives validate and review proposed savings. Utilize NCE and Lean tools to improve processes and results.
Partner with Engineering to manage costs and monitor capitalization. Research capitalization discrepancies and delays.
Ensure budget integrity. Perform fixed asset cycle counts.
Compile reporting of actuals (including organizing and overseeing timeliness and accuracy of period-end close, and promoting ownership of data at source); and develop dynamic forecasts for the factory; ensure transparency of this process; follow up and monitoring of progress to close gaps, ensuring Nestle financial policies, Accounting Standards and Costing Standards are followed.
Participate in business planning; prepare and coordinate the factory budget with factory management; Perform revisions or simulations if needed. Work with team members to develop new product costing in accordance with costing standards.
Work with factory compliance network and technical group compliance network to roll out best practices to team in area of Compliance. Ensure groups are completing health checks in factory as required.
Track monthly GFI score. Conduct internal audits to assess audit readiness. Track compliance on open audit follow ups and ensure closure. Work with other factories to roll out periodic peer audits and focus on corporate audit trend results.
This position reports to the Costing Manager
Conversion cost of site budget.
REQUIREMENTS AND MINIMUM EDUCATION LEVEL:
BA/BS degree required. Major in accounting, or other finance degree or equivalent field preferred.
Communication, leadership and planning skills.
Some budgeting experience preferred.
Ability to communicate to all audiences within the organization.
Aptitude with financial systems.
Strong financial modeling and analytical skills.
The Nestlé Companies are equal employment and affirmative action employers and looking for diversity in qualified candidates for employment.
Sr. Cost Accountant
Stepan Company is a global chemical manufacturer based in the Chicago area. Stepan had $1.9 billion of sales in 2017. As a global company, global career opportunities exist.
Senior Cost Accounting Analyst
The Senior Cost Accounting Analyst is a corporate cost accounting job. Corporate cost accounting is responsible for company wide policies and procedures in inventory valuation and COGS determination on the financial statements. In addition, corporate cost accounting leads the best practices in maintaining the soundness and the integrity of the product costing systems and processes. The position reports to the Cost Accounting Manager.
The successful candidate will possess a working knowledge of:
Product costing in an ERP system, preferably SAP
All processes of the Supply Chain (Purchasing, Inventory, and AP)
The close link between Cost Accounting and the Operations of the business
All processes of the Sales Cycle
How the budgeting model impacts standard overhead costs
An understanding of, and respect for, the Master Data that drives the business (vendor master, material master, customer master)
An understanding of, and respect for, the job functions that enter transactions that hit the financials
How the transactions of the business flow through an ERP system to the financials
How to identify, fix, and prevent errors in transactions
Specific Expectations of this position include (but is not limited to):
Lead the product costing process for domestic plants
Subject Matter Expert of the currently existing standard cost system
Lead the month end close and the preparation of related reports and reconciliations
Perform the LIFO calculation and maintain the LIFO reserves
Maintain the inventory reserves (obsolete, damaged, off-spec)
Quickly learn all of the Cost Department's processes from ground up
Root cause/ad hoc analysis and trouble shooting
Responding to requests from Internal and External Auditors.
Subject Matter Expert of the consigned inventory and subcontracting processes
Ensure offsite, consigned, and subcontacting inventory are properly reconciled
Lead the maintenance of material and freight accrual accounts (GRIR)
Bachelor's Degree in Accounting
7 to 10 years of progressive cost experience in a manufacturing environment
Excellent oral and written communication skills
Strong analytical, problem solving, and interpersonal skills
Solid database fundamentals.
TechnipFMC (NYSE: FTI) is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients' project economics. We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources. Each of our 37,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.
This position will be responsible for maintaining the accuracy and proper accountability of cost accounting records.
Establishes, monitors, and analyze accurate standard costs, including execution of YE cost roll
Assist with month end closing – review manufacturing variances, cost center reviews, forecasting, etc..
Engages with the Operational teams regularly.
Analyze manufacturing variances on a weekly basis for management
Prepares analysis for operational variances, including closed order variances, labor variances, etc. for presentation to management
Meet deadlines as required
Support other accounting areas and works on special projects as requested by supervisor.
Participate in the on-going compliance and review of internal controls.
Maintain compliance with financial standards
Bachelor's degree in Accounting or Finance
Minimum 5 years experience in a manufacturing environment
Must have general accounting and cost accounting knowledge
Experience in a SAP MRP environment
Strong written and oral communication skills
Ability to work effectively with other and as part of a team
Strong analytical and problem solving skills
Ability to work under general supervision using to accomplish assigned tasks. A certain degree of creativity and latitude is required.
Proficient in Microsoft Office (Word, Excel, and PowerPoint). Ability to use advanced department-specific software packages.
Must have the ability to handle many diverse tasks simultaneously and be able to work effectively with interruptions. Demonstrated ability to handle confidential or sensitive information or issues.
Office environment. Fast paced atmosphere with multiple priorities and constant change.
Frequent sitting and operating a computer.
This job description is a generaldescription of essential job functions. It is not intended as an employment contract, nor is it intended todescribe all duties someone in this position may perform. All employees of TechnipFMC are expected toperform tasks as assigned by supervisory personnel, regardless of job title orroutine job duties.
Senior Cost Accountant
Karma Automotive is passionate, responsible and uncompromising.
We make beautiful, ecologically sensitive products, and we will provide a memorable ownership experience for our customers.
Our work environment is casual, and our culture is results-oriented.
The primary emphasis of the Senior Cost Accountant is to ensure accurate financial reporting by analyzing manufacturing costs and variances, and working with the operations team to ensure appropriate procedures and controls are in place at the manufacturing plant. The candidate must be an energetic self-starter, able to collaborate with management and staff to identify areas for process improvement.
This position will work in our Irvine, CA Corporate Headquarters.
Maintain bills of materials cost rollup, routings and overall item cost management
Lead in teh preparation and execution of standard cost updates
Monitor variances between standard costs and actual costs, and prepare analyses as needed
SAP product costing subject matter expert
Prepare and analyze weekly KPI
Maintain and analyze rework and subcontracting accounting
Support Tier 2 to Tier1 accounting and work with the procurement team
Review with purchasing team on parts with duplicate info record
Assist in forecasting and budgeting of expenses and variances
Develop needed reporting to support efficiency/cost saving inititatives
Support the month-end close process, reporting, and analysis
Bachelor's degree in Accounting from an accredited university
10 plus years of Cost Accounting experience in a manufacturing environment (automotive preferred)
Experience working with ERP systems
Excellent working knowledge of SAP is essential (Oracel also acceptable)
High energy, willing to work in a dynamic, high-paced organization
Proven ability to work with all levels of the organization from shop-floor to executive management
Process-improvement mindset, focused on efficiency, simplification, and cost reduction
Strong MS Excel skills
No 3rd Party Agencies. Principles Only, Please
Come and join the great Karma Team, where you can make a career! Karma Automotive offers a complete benefits package including medical, dental, vision, life, STD, LTD; paid vacation, holidays and personal days; and a 401K with matching contributions. Relocation assistance is available.
Karma Automotive LLC is an equal employment opportunity employer. We do not discriminate on the basis of gender, color, race, sexual orientation, marital status, pregnancy, national origin, age, religion, veteran status, genetic information, citizenship status or any other group protected by law. Karma Automotive LLC, complies with the Americans with Disabilities Act to ensure equal access to all qualified individuals with a disability. Valid driver's license may be required based on essential duties.
To maintain superior customer focus, we are seeking a COST ACCOUNTANT to join our team. This position will be responsible assisting the Finance/Accounting department in creating timely and accurate financial statements, managing inventory and special financial projects. For the right candidate, this role can lead to other challenging opportunities in accounting and finance in Louisville, or perhaps within the vast Emerson network of companies around the world!
Determine standard costs for raw materials, direct labor and direct/indirect overhead
Analyze actual manufacturing costs for variances to standard
Review standard and actual costs for inaccuracies
Update standard costs in the bill of materials
Report on periodic variances and their causes, focusing on price variance and absorption issues
Apply overhead costs as required by generally accepted accounting principles
Investigate cycle counting variances and resolve issues
Prepare payroll journal entries and reconciliation
Fixed assets reporting and reconciliation
Review and track capital spending
Review and track engineering spending
Other closing activities or projects as directed by the Finance Manager
Back up payable, receivable, G/L functions if needed
Education / Experience Required:
Bachelor's degree (Accounting or Finance preferred)
3-5 years related experience demonstrating knowledge of financial statement analysis and Generally Accepted Accounting Principles (GAAP)
Manufacturing experience is a plus for the role
Knowledge / Skills / Abilities:
Detail oriented – ability to process transactions and enter data with high level of accuracy
Good analytical skills and organized
Able to work well in a team environment
Able to multitask and meet deadlines
Able to work full time without distractions
Computer skills – Great Plains, MAX, Hyperion, EXCEL, PowerPoint, etc.
Experience with payable/receivable/costing a plus
No calls or agencies please. Emerson will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Equal Opportunity Employer
Emerson is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, age, marital status, political affiliation, sexual orientation, gender identity, genetic information, disability or protected veteran status. We are committed to providing a workplace free of any discrimination or harassment.
If you have a disability and are having difficulty accessing or using this website to apply for a position, you can request help by calling 1-314-553-2544 (V/TTY/TDD) or by sending an email to email@example.com.
BUSINESS: Industrial Valves - Americas
LOCATION: Tampa, FL
DIRECT REPORTING: Director of Finance
The Cost Accountant will be responsible for a wide variety of reporting, planning and forecasting responsibilities on a company wide basis. Reporting to the Manager, Financial Planning & Analysis, this role will focus on supporting the planning and forecasting process and providing value-added analysis and recommendations to support business growth.
Responsible for assisting with the worldwide financial planning and forecasting process for the entire enterprise
Prepare and analyze monthly, quarterly and annual consolidated results including variance analysis to forecast and plan and provide insights to Management
Provide analysis on financial performance and variances for use by the Company for investor and Board of Directors presentations
Manage monthly update process for forecast and annual budget preparation.
Provide support to strategic corporate initiatives and projects: presentations, complex scenarios analyses, financial modeling, etc.
Identifies and drives FP&A related process improvements.
All other duties and tasks as assigned.
Knowledge Skills & Abilities
Large, multinational corporate experience in the area of manufacturing a plus.
Energetic, self-starter with ability to drive results
Strong written, verbal and presentation skills
Exceptional analysis skills
Bias toward process improvement
Ability to educate, inform and influence cross-functional middle managers through effective verbal and written communication
Organized, intelligent, educated, patient and self-motivated individual with exceptional interpersonal skills suited to a fast paced, dynamic culture
Proficiency with MS tools and advanced Excel
Experience with SAP BPC and/or Hyperion
Education & Experience
- Typically requires a minimum level of knowledge that is acquired through a four-year college degree in an applicable field and three years related experience OR equivalent combination of education and experience.
- U.S. Citizen
CIRCOR is an EEO Employer of Females / Minorities / Veterans / Individuals with Disabilities
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