Cost Accountant
metaoption
- Oxford, United States
- Mid Level
- Posted
Responsibilities
- Controller Job Summary: The Cost Accountant is responsible for inventory control, cost accounting, financial reporting support, inventory reconciliations, and selected accounts receivable activities.
- This role helps ensure accurate inventory records, reliable product costing, and compliance with accounting principles and company policies.
- Inventory Controls – Develop, implement, manage, and continuously improve inventory control procedures to ensure accurate inventory records and valuation.
- Product Costing – Reliably and accurately establish and maintain costs for manufactured and purchased finished goods, including material, labor, and overhead components.
- Customer Account Support – Manage selected customer accounts within the accounts receivable collection process by monitoring outstanding balances, helping resolve payment issues, and communicating account status as needed.
- Cost Impact Analysis – Assist in evaluating the financial impact of changes in product design, raw materials, supplier pricing, and manufacturing processes on product costs and margins.
- Physical Inventory & Cycle Counts – Assist with physical inventories and monitor the cycle count program, including researching discrepancies and supporting corrective actions.
- Purchase Price Monitoring – Work closely with Purchasing to proactively identify, analyze, and report supplier and material price changes and their impact on product costs.
- Financial Close – Participate in month-end and year-end close processes, including inventory and cost-related reconciliations, analysis, and journal entries as required.
- Reporting – Prepare ad hoc financial and management reports by collecting, analyzing, and summarizing account information, operational data, and trends.
- Audit Support – Assist with annual financial audits by preparing schedules, documentation, reconciliations, and supporting information.
- Identify and recommend improvements to accounting, costing, inventory, and reporting systems and procedures, and help implement approved changes.
- Internal Controls – Maintain financial security and data integrity by following established internal controls and developing additional controls where necessary.
- Support accounting, financial analysis, and related projects as needed.
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- Two years accounting experience in a manufacturing environment.
- Thorough knowledge of accounting procedures.
- Knowledge and understanding of financial accounting statements.
- Experience with general ledger functions.
- Advanced Microsoft Excel skills, including spreadsheets, formulas, data analysis, and reporting; proficiency with Microsoft Word and Outlook.
- Strong aptitude for numbers.
- Strong analytical skills.
- Accuracy with attention to detail.
- Self-motivated, with the ability to apply business judgment and financial knowledge to solve problems.
- Strong work ethic, with the ability to work independently and as part of a team.
- Strong verbal and written communication skills, with the ability to communicate effectively with all levels of the organization.
- Knowledge of Access and SQL, a plus.
