COST ACCOUNTANT

Job Summary :

The AR Cost Accountant is responsible for all manufacturing related financial information associated with manufacturing plant in the US. This position supports Finance and Manufacturing plant operations through the ongoing analysis of margins, overhead absorption, as well as the reporting, tracking, and analysis of all manufacturing variances, inventory, inventory reserves, and accrued liabilities as they relate to operations.

Essential Functions :

• Identify, prepare, analyze and report manufacturing variances, scrap, related product returns and develop margin analyses by business
• Review standard costing and job costing models, reserve methodologies to identify opportunities for standardization and process improvement.
• Conduct research and perform analytical studies relating to cost analyses and profitability.
• Identify and quantify cost savings from manufacturing operational improvements.
• Coordinate information and business requirements to various business units and departments.
• Coordinate with IT department for system issues and improvements.
• Maintain inventory and cost accuracy within the ERP system including existing and new parts and materials.
• Support and assist year-end reporting requirements such as audit schedules, tax schedules and others. (i.e. R&D tax credit, cost sharing and transfer pricing models)
• Assist in period end closing, prepare journal entries as necessary, and analyze inventory valuation, inventory roll forward reconciliation and period end analyses as required.
• Direct all cycle counts and yearly physical inventories.
• Identify opportunities for process improvement employing best practice operational excellence principles.
• Building and maintaining strong internal relations with internal customers
• Other duties and special projects as assigned.

Additional Responsibilities :

Performs other duties and responsibilities as assigned.

Job Specifications :