Accountant Cost Job Description Sample
Does a challenge inspire your ambition? Are you excited about supporting well known and trusted brands? Are you an accountant that flourishes in a fast-paced environment? Do you want to be empowered to inspire fresh ideas at a dynamic international company? Then, Helen of Troy wants to get to know you!
We're hiring a Cost Accountant to join our Corporate Accounting Team based in El Paso, TX. Reporting to the Cost Accounting Manager, the Cost Accountant will be a forward-thinking leader with proven abilities and achievements in a relevant accounting or finance role. This role will be responsible for the integrity of inventory costs Worldwide and the accounting of all inventory transactions in accordance with Generally Accepted Accounting Principles (GAAP). Will Trace all costs related to products or services in order for retail prices to accurately reflect the cost of goods in the product.
What You'll Be Doing:
Reviews exception reports that impact product average costs. Determines the correct course of action to correct and resolve the issue within a timely manner.
Provides support to operations staff as required to ensure accurate system transactions in close. Provides detailed analysis of product costing variances.
Works in conjunction with Item Master to ensure accurate set-up of inventory items and related overhead rates per item on a Worldwide basis.
Prepares detailed global inventory report by Business Unit.
Prepares journal entries, schedules and analysis in accordance with GAAP for month-end close. Provides detailed analysis of product costing variances.
Prepares and validates schedules and support work papers for SEC reporting.
Reviews and analyzes inventory reserve calculations from Business Units.
Reviews and analyzes intercompany transactions to eliminate any variances resulting from the transferring of the goods from one entity to another.
Analyzes current department processes and offers input to improve or create efficiencies.
Coordinates month-end closing process of inventory module. Runs pertaining inventory reports and distributes to business units.
Calculates and records the re-measurement of inventory.
Requirements for Consideration:
Bachelor's Degree from an accredited four-year college or university in a relevant field.
2+ years relevant work experience in accounting or finance.
CPA or CPA candidate preferred.
Experience with Oracle platforms and/or other accounting applications.
Experience using the following applications is preferred: Oracle Enterprise Performance Management, Oracle Business Intelligence, Oracle Financial Reporting & Enterprise Resource Management, Hyperion Financial Management, and Hyperion Essbase.
Ability to identify opportunities for process improvement.
Proficient in Microsoft Excel, Word, Access and Outlook.
Ability to work independently and as part of a team.
Strong analytical and problem-solving skills.
Excellent oral and written English communication skills.
Excellent interpersonal skills.
Strong attention to detail and highly organized.
Ability to interact with various levels of management.
Ability to effectively handle multiple projects simultaneously in a deadline driven environment.
A strong aptitude for building a culture of trust, integrity and performance.
Desire to make a true impact on the organization through expanded eCommerce strategies.
Desire to bring ideas to a dynamic international organization.
Thrive in a fast-paced environment.
Applicants must be eligible to work full-time in the United States.
Helen of Troy is an Equal Opportunity / Affirmative Action Employer
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. If you, as one of our employees or as an applicant for employment, have any questions about our Affirmative Action Plan, please contact Human Resources during regular business hours. If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact Human Resources at (915) 225-8000.
The above statements are intended to describe the general nature and level of work performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities and duties required of personnel so classified. Management retains the right to add or to change duties of the position at any time.
Cost Accountant III
Under general supervision, performs general and cost accounting work that is varied and that may be somewhat difficult in character, but usually involving limited responsibility. May prepare income and balance sheet statements, consolidated statements and various other accounting statements and management reports. Analyzes financial and manufacturing reports and records, makes studies or recommendations relative to accounting reserves and assets. Reviews and verifies the accuracy of journal vouchers, accounting methods and procedures. Handles special projects, as assigned.
Perform activities of the cost accounting function.
Development and maintenance of standard costs.
Prepare monthly product line financial reporting and coordinate month-end, quarter-end and year-end closing. Summarize the operating insights into what is driving the financial results. Explain variances from forecast. Monitor performance to key financial and operating goals.
Coordinate analysis related to product line profitability and expense variance analysis.
Ensure accuracy of financial statements in accordance with GAAP and compliance to internal policies, reconciliation of inter-company transactions.
Coordinate Audits providing request information on a timely basis.
Maintain a listing of all completed Journal Entries and Schedules assuring completion in the designated time
Interface with management in various departments, providing information and various analyses on a daily basis.
Support initiatives for process improvements such as cost accounting, expense analysis and margin analysis or other opportunities.
Coordinates and audits cycle count process on a weekly basis.
Possesses and applies a knowledge of accounting principles and practices related to a manufacturing environment.
Good attention to detail with good analytical skills.
Excellent verbal and written communication skills.
Advanced PC skills, including strong Excel and presentation skills.
Ability to handle multiple activities successfully.
Ability to work in team-oriented environment.
- Bachelor's Degree in Accounting / Finance or equivalent.
Experience in a Manufacturing environment required
Oil and gas industry experience a plus
3+ years of experience or Master's Degree in Accounting / Finance.
FINANCE & ACCOUNTING
0 - 10%
At a Glance
Legrand has an exciting opportunity for a Cost Accountant to join the EWS - Cablofil Team in Mascoutah, IL. This individual is resposible for ensuring the valuation accuracy of the company's manufacturing costs and their carrying value in inventory while supporting all facets of the business with requested financial analysis
What Will You Do?
Main Job Duties:
Perform month end close responsibilities
Reporting monthly and quarterly inventory and margin analysis including reserve requirements, Purchase Price Variance and negative balances
Maintain the Standard Cost System with weekly cost rolls updates for newly added products along with the annual cost roll
Supply Marketing, Sales, Engineering and Manufacturing departments with cost and margin analysis that support capital funding requests or other business processes
Ensure accounting processes are in compliance with internal controls. Support annual budget and forecast process
Perform requested analysis as they arise
Responsible for Cablofil manufacturing cost reduction, initiative and evaluation.Performs other similar and related duties as required
Education: Bachelor's Degree in Accounting or Finance. Masters Degree preferred
Experience: 5+ years experience in cost accounting within a Standard Cost environment.
Comfortable working in a Manufacturing envirnoment.
SAP or similar software experience.
Must have Intermediate to Advanced Excel Spreadsheet experience.
Must have strong financial control background and demonstrated problem solving and analytical skills. Must demonstrate good judgment, well developed business ethics, integrity and consultancy skills.
Requires strong organizational and time management skills, close attention to detail and be able to effectively handle multiple priorities. Independent judgment is required to plan, prioritize, organize and accomplish a diversified work load.
Strong computer skills, proficient with word processing, spreadsheet and presentation software, e-mail and meeting management software. Ability to use internet and web based resources efficiently and effectively.
Strong verbal and written communication skills, strong interpersonal skills and conflict resolution skills required. Must have the ability to communicate persuasively and effectively and manage multiple priorities in an intense, deadline driven environment.
Every single day, Legrand brings power, light and data to millions of spaces around the world. Legrand is a global, publicly-traded company listed on the Euronext (Legrand SA EPA: LR) with 36,000 employees worldwide, a market cap of $16B, revenue of more than $5 billion, with products sold in 180 countries. Legrand is listed on the Forbes Global 2000 as one of the world's best employers. For more information, visit legrand.com.
About Legrand North and Central America
Legrand North and Central America (LNCA) employs over 5,000 associates in 60 locations, working in 6 product categories (Electrical Wiring Systems, Building Control Systems, AV, Data Communications, Power Distribution and Control, and Lighting). LNCA offers comprehensive medical, dental and vision coverage. LNCA also offers distinctive benefits like high employer 401K match, above-benchmark paid maternity leave, paid time off to volunteer, and an active women's network. LNCA is an employee-centered, growth company with tremendous opportunity. For more information, visit legrand.us.
About Legrand's Electrical Wiring Systems Division
Legrand's Electrical Wiring Systems (EWS) division provides the most complete line of residential, commercial and industrial electrical wiring devices in the world. EWS has strong market positions in wiring
ASSA ABLOY is the global leader in door opening solutions dedicated to satisfying end-user needs for security, safety and convenience.
ASSA ABLOY – Door Controls Monroe is the North American center of excellence for door motion control products. Primarily sold under the Norton and Rixson brand names, we manufacture and distribute mechanical and electro-mechanical door closers, low energy door operators, concealed door closers, and various accessories related to door motion control.
Reporting to the Plant Controller, the Cost Accountant will be responsible for ensuring proper valuation of the inventory in accordance with IFRS. Additionally, the Cost Accountant will be responsible for maintaining all fixed asset accounting and assist with day-to-day activities, as well as, month end financial reporting. The successful candidate for this position will:
Update and maintain inventory valuations in accordance with IFRS, including an annual plant wide cost roll. Coordinate and conduct annual physical inventory.
Assist with the preparation of the annual budget and be a key contributor in the annual strategic planning process and the development of operational objectives for the plant that are aligned to corporate strategic objectives.
Update and maintain all aspects of fixed asset accounting. Including prepare journal entries to capitalize, dispose, record depreciation of fixed assets. Track Construction in Progress and monitor against approved capital spending.
Analyze budgets and daily forecast for the plant, providing professional and timely management report on variances, trends and control standards and practices.
Establish and maintain strong relationships with senior leadership team members so as to identify their needs; seek to provide finance/accounting team support.
Participate in the month end financial close process, including journal entry preparation and account reconciliations.
Assist in providing financial analysis to support various departments, as well as, with the development of projects that improve productivity, cash flow, and EBIT.
Prepare daily, weekly and monthly reports including gross margin analysis, productivity analysis, and daily shipments and orders.
B.S. in Accounting or Finance. CPA and/or MBA a plus.
Three years’ experience in a manufacturing environment, with an emphasis on cost accounting, reporting, and variance analysis.
Strong Excel spreadsheet capabilities. Business Objects, HFM, FAS and JDE proficiency preferred.
Very high attention to detail, good organizational skills, good communication skills, reacts well to time pressure, comfortable working in plant environment and is motivated to learn all aspects of the manufacturing operation.
Strong analytical skills with ability to focus on details, as necessary.
Equal opportunity employer M/F/D/V
Versum Materials (NYSE: VSM) (versummaterials.com) is a best-in-class electronic materials company providing high-purity chemicals and gases, delivery systems, services and materials expertise to meet the evolving needs of the global semiconductor, display and LED markets. Derived from the Latin word for "toward," the name "Versum" communicates the company's deep commitment to helping customers move toward the future by collaborating, innovating and creating cutting-edge solutions.
A global leader in technology, quality, safety and reliability, Versum is one of the world's largest suppliers of next generation CMP slurries, ultra-thin dielectric and metal film precursors, formulated cleans and etching products, and delivery equipment that has revolutionized the semiconductor industry. Versum Materials operated for more than three decades as a division of Air Products. An independent company since October 2016, Versum has annual sales of about US$1.1 billion, 2,200 employees and 14 major facilities in Asia and in North America. It is headquartered in Tempe, Arizona, United States.
Versum Materials is seeking a COST ACCOUNTANT for our Allentown, PA facility.
To apply for this position, please visit the Versum Materials Career Center. You can apply specifically to Job Req #275. www.versummaterials.com/careers.
This position will perform cost accounting activities in support of Versum's 10 major manufacturing facilities in Asia and North America. At the direction of the Global Manufacturing Accounting Manager, this position will provide support for end-of-month and end-of-year accounting tasks. In addition, this position will participate in variance analysis, reporting and review of cost data in support of accurate reporting of financial results, forecast development and costing of products.
Bachelor's degree in economics, finance, or accounting.
Minimum 5 years accounting and/or auditing experience, including manufacturing cost accounting.
Proficient in SAP FI-CO with experience using Standard Costing. Material Ledger and CO-PA experience preferred.
High-level Excel proficiency (v-lookups, pivot tables, IF formulas, etc.)
Strong analytical and accounting skills to review data to ensure data integrity.
Must have a strong Cost systems background, have excellent analytical skills and sound understanding of accounting principles.
Experience designing or maintaining cost allocation methodologies
A desire to learn and take on new challenges and opportunities
Ability to manage a heavy workload during month end close, budgeting cycles and special projects.
Ability to work and communicate effectively in a team-oriented, collaborative environment.
Interpersonal skills and an aptitude for communicating with departmental managers and other non-financial personnel
Prepare and book Journal Entries for designated areas of responsibility
Review general ledger activity and prepare monthly and quarterly balance sheet account reconciliations.
Support product costing development in SAP – periodic planning, costing materials, creation of cost estimates including calculation of labor, overhead, and material costs.
Identify and support implementation of improvements to standard costing system
Conduct inventory reserve analysis and prepare journal entry on a quarterly basis and generate reports for senior management
Analyze actual manufacturing costs and prepare reports comparing standard costs to actual production costs.
Create and maintain Cost Center and CO-PA allocation models in SAP for Actuals and Budget; Including assessment and distribution cycles, statistical key figures & templates for gathering assumptions.
Participate in internal and external audit reviews
We thank all applicants in advance for their interest; however, only those applicants who are being considered for an interview or are currently employed by Versum Materials, will be contacted.
Versum Materials is an Equal Opportunity Employer (U.S.). All qualified applicants will receive consideration for employment without regard to race, color religion, national origin, age, citizenship, gender, marital status, pregnancy, sexual orientation, gender identity and expression, disability, genetic information or veteran status.
Inventory & Cost Accountant I
Essential Duties & Responsibilities
Prepare the GL accounting entries and reconciliations related to inventory and US domiciled Plants.
Complete monthly, quarterly, and annual close processes.
Assist Plant Controller with the planning and execution of annual physical count process.
Ensure Inventory and Cost accounting properly follows all Company policies and procedures.
Detailed review, analysis, and coding of cost of goods sold entries and invoices.
Product costing and inventory valuation process
Maintain the standard cost system in coordination with Operations to verify the accuracy and integrity of the bills of materials, manufacturing routings, and purchasing information records.
Accountable for the recording and reporting of purchase price variances and manufacturing variances.
Assist management with reporting Unit cost for manufactured productions and other variance analysis.
Maintain collaborative relationships across functions and with external parties.
Audit and Compliance
- Work with management on all requirements related to external financial audit and other third party compliance requirements (e.g. FDA / Quality procedures)
- Coordinate with Operations to ensure appropriate rigor in the physical inventory verification process, and the coordination with external auditors regarding the results of the control process.
Work with Management on special projects as needed.
Provide support to liaison with the Operations Function, improve and evolve the weekly / monthly operations reporting to ensure appropriate information is reported on a timely basis.
Follow and maintain internal controls to safeguard company's assets and ensure transactions are executed in accordance with company guidelines.
Maintaining effectiveness when experiencing major changes in work responsibilities or environment (e.g., people, processes, structure, or culture); adjusting effectively to change by exploring the benefits, trying new approaches, and collaborating with others to make the change successful.
Effectively managing one's time and resources to ensure that work is completed efficiently.
Working cooperatively with others to help a team or work group achieve its goals.
Originating action to improve existing conditions and processes; identifying improvement opportunities, generating ideas, and implementing solutions.
Technical/Professional Knowledge and Skills
Having achieved a satisfactory level of technical, functional, and/or professional skill or knowledge in position-related areas; keeping up with current developments and trends in areas of expertise; leveraging expert knowledge to accomplish results.
Working through vision and values
Keeping the organization's vision and values at the forefront of daily actions.
Education and Experience
- Bachelors in Finance, Accounting, or related field.
Proven accounting knowledge and ability under US GAAP
Effective verbal and written communication skills.
Strong attention to detail.
Strong accounting and analytical/problem solving skills
Ability to multi-task working multiple projects that are complex in nature where professional judgment is required in solving problems and making recommendations.
Excellence within MS Office Suite – Excel (pivot, v-look up), PowerPoint, Word, Outlook
Working knowledge of SAP is preferred
Minimum 2 years' accounting experience in a public company environment.
Med Device Industry experience preferred, but not essential.
We are an equal opportunity employer
Director Cost Accountant
MedMen is a leading cannabis firm based in Los Angeles, with cultivation, production, distribution and retail operations across North America. MedMen offers competitive compensation and benefits along with a collaborative, exciting start-up work environment in an emerging market. This is a ground floor opportunity to join a leading player in an industry that is poised for massive growth in the coming years.
We are looking for a detail-oriented and motivated individual with an entrepreneurial spirit who is excited by the opportunity to help build something incredible from the ground up. Reporting to the Assistant Controller, the ideal candidate will have strong cost accounting knowledge in a production environment such as manufacturing or cultivation, a customer service focus, the ability to exercise good judgment in a variety of situations and a desire to work with a professional, results-driven team. This job is full time and will be based in Culver City, California. Some travel may be required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Oversight of inventory costing and related activities at multiple locations; analyzing production variances and providing insight into inventory cost fluctuations
Review invoice approval and coding, including supplier payments
Maintain accurate cost of goods sold accounting
Aid in the preparation of various month-end/year-end reports and schedules including inventory reconciliations, journal entries, cost of goods sold analysis, inventory on hand reports, etc.
Support monthly, quarterly and annual GL close processes and year-end audit as required
Assist in accounting participation in physical inventory count activities
Planning, studying and collecting data to determine costs of business activity such as raw material purchases, inventory, and labor
Development, updating, and maintenance of standard costs and BOMs
Monitor, analyze and report on cost trends of inventory and raw materials to interpret overall cost of goods sold and margin variations, including analyzing actual cultivation and manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
Assist with the annual budget process, including the development of production cost center expenses, labor budgets, activity rates for labor and overhead to be used in standard costing
Performing other duties as assigned
Strong analytical, problem-solving, communication and technical GAAP accounting skills
The ability to multi-task and effectively prioritize in a fast-paced environment
Highly collaborative team player with the ability to enforce policies and procedures
Excellent verbal and written communication skills
Professional attitude and a strong work ethic
Advanced PC skills in Microsoft Office, including Excel, Word and PowerPoint
Knowledge of ERP systems, preferably Microsoft NAV
Education and/or Experience
- Bachelor's degree combined with 3-7 years of relevant work experience
- A combination of public and private accounting (preferred)
Entry Level Cost Accountant
The Entry Level Cost Accountant is responsible for gathering, calculating, reviewing and entering production data and item cost data. They will be responsible for maintaining the accuracy and integrity of cost data and management reports, including production statistics, costing and other key performance indicators. They will also assist with inventory control, including researching inventory adjustments and conducting physical inventory counts.
Join our high-energy, competitive and passionate team today! We offer a unique environment that fosters individual growth and rewards performance.
Gathering production data from various manufacturing facilities and calculating production costs and other statistics and reviewing the results with management.
Monitoring item costs of produced items and their components such as material cost and usage, direct labor, and overhead calculations; and maintaining accurate costs in the system.
Monitoring and calculating landed costs of purchased items including freight, duty, and other direct cost components.
Monitoring activity at consignment warehouses and third party processors and maintaining accurate inventory and cost information in the system.
Assisting with calculating theoretical costs for items in development.
Assisting with the preparation of weekly, monthly and annual reporting.
Assisting with cycle counts and biannual physical inventory counts.
Bachelor's degree and 2 years of cost accounting experience or equivalent required.
Experience in a Manufacturing setting preferred.
Detailed oriented and high levels of organization required.
High level of confidentiality and discretion is required.
Proficiency with Excel and other Microsoft products required.
Excellent communication skills, both written and verbal
Ability to work at a fast pace, prioritize work and meet deadlines.
Experience with importing and foreign currency a plus.
Cost Accountant II
Responsible for conducting moderately complex cost audits and preparing and analyzing cost reports. Analyzes cost records to ascertain distribution of costs of various divisions of management and production. Classifies labor, material and overhead costs to compute the unit cost of product or service. Records cost data for use by management in controlling expenditures. Determines and installs cost accounting methods and procedures. Analyzes actual costs versus standard costs and explains variances. Prepares estimates of new or proposed product costs.
Business partner with plant management to provide day-to-day accounting and finance support in inventory control and SOX compliance.
Prepare monthly Net Income Models to analyze variances between actual and standard cost. Summarize the operating insights into what is driving the financial variances. Explain variances from forecast. Monitor performance to key financial and operating goals.
Planning, studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor cost.
Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost.
Reconcile shipments at standard cost to cost of goods sold/manufactured.
Monitors and audits physical inventories and cycle count program providing support to enhance the process.
Reconciles finished, WIP and raw goods inventories on a monthly basis. Report changes to the components and quantities that makeup inventory on a monthly basis.
In charge of Month end close of the General Ledger specifically to cost, manufacturing and inventory but also other areas that might be assigned to enhance departmental controls.
Support special projects or financial analysis when needed
Handles special projects, as assigned.
Possesses and applies a broad knowledge of cost accounting principles and practices.
Familiarity with business processes and products.
Good attention to detail with good analytical skills.
Excellent verbal and written communication skills.
Advanced PC skills, including strong Excel and presentation skills.
Ability to handle multiple activities successfully.
Must be detail oriented.
- Bachelor's Degree in Accounting / Finance or equivalent.
- 5+ years of experience in cost accounting or Master's Degree with 3+ years of experience.
FINANCE & ACCOUNTING
0 - 10%
Project Cost Accountant
C2 Essentials, Inc. is a unique, full-service human resources outsourcing company providing mission-critical services to our clients. Since 1996, we have enabled our clients to become more profitable, compliant, and competitive by reducing their HR administration costs, streamlining their internal operations and giving them back the time they need to focus on their core business.
C2 is currently seeking to hire a Project Cost Accountant with government accounting background to support one of our clients. This is a full-time position based out of our corporate office in Chantilly, VA.
Ensure assigned day-to-day operations are carried out in accordance with established accounting principles and the FAR/DFAR
Responsible for revenue recognition on CPFF, T&M and FFP contracts
Prepares invoices and supporting schedules on CPFF, T&M and FFP contracts for government and commercial clients
Conducts analysis on billed and unbilled receivables
Responsible for project setup in accounting system of project funding, billing and revenue information
Analyzes a variety of accounting data, prepares and audits journal entries
Reviews and verifies the accuracy of journal vouchers and accounting classifications
Prepares specialized reports and analyses
Responsible for processing timecards and revised timecards entries to ensure proper cost allocation and accuracy
Reviews, coordinates and provides documentation to support various internal and external audit requirements
Coordinates accounting matters with other departments, locations, and divisions
Prepares annual detailed budget, including breakdown of direct and indirect costs by project
Familiarity with buildup of indirect cost pools, including preparation of annual Incurred Cost Submissions
Willingness to learn and assist in payroll tax filings
REQUIRED SKILLS AND EXPERIENCE
Government contract/cost accounting experience, required
Billing experience a must
Knowledge of all contract types: CPFF, T&M, FFP
Ability to perform cost and pricing in response to RFPs
Proficient in Excel, Word, and QuickBooks
Excellent communication skills
- Accounting degree preferred
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