Cost Accounting Manager
Job ID: BH496642
Category: Cost Accounting Manager, Cost Accountant
Seeking an experienced Cost Accounting Manager. This individual will be a key contributor providing high level analysis of product costs, operations and margins.
- Establish and maintain standard costs for all raw materials, WIP and finished goods
- Ensure the accuracy of bills of material for existing and new products
- Research and provide insight on variances including labor, yields, material usage, overhead and absorption
- Develop and evaluate key performance indicators for manufacturing operations and implement product cost dashboards
- Lead cost saving initiatives to improve gross margins
- Assist with the annual budget and quarterly forecasts relating to cost of goods sold and margins
- Work directly with various departments in a consultative role in identifying process improvements and manufacturing efficiencies.
- Collaborate with the finance team on strategic plan updates and offer insights to opportunities and risks with respect to inventory and cost of goods sold
- Reconcile general ledger inventory accounts to perpetual inventory reports on a monthly basis
- Analyze inventory quantities and establish reserves for excess and obsolete items based on production and sales volumes
- Prepare monthly management reports on spending variances, product costs, inventory trends and capacity utilization
- Assist with the evaluation of capital projects including review of requests and related business justification as well as return on investment analysis
- Coordinate with operations to evaluate inventory controls and monitor monthly inventory test counts to verify accuracy of inventory balances
- Key member of the Microsoft Dynamics 365 implementation team
Requirements
- Bachelor’s Degree required; prefer concentrations in business/finance/accounting. MBA is a plus
- Minimum 5 years of related work experience preferably in a standard cost manufacturing environment
- Ability to adhere to tight reporting deadlines
- Strong knowledge and understanding of GAAP, costing techniques, ERP/MRP systems and inventory controls
- Detail oriented with strong organizational, analytical, and problem-solving skills
- Excellent written and oral communication skills
- Experience with Microsoft AX/Dynamics 365 is a plus
The Planet Group of Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
