Job Details
Overall Purpose of Position
The Cost Accountant provides ongoing analysis of inventory, costs associated with production, margin analysis, and associating costs to related activities. Provides current and accurate information required to make solid business decisions related to production, inventory management, and product pricing. Â
Essential Duties and Responsibilities
Ongoing analysis of inventory, production costs, margin, and tracing costs back to underlying activities and drivers
Constructs and monitors cost-effective data accumulation systems
Develops and reviews the controls necessary for data accumulation and reporting systems
Develops and maintains absorption rates by plant and work center including labor and overhead costs
Coordinates physical inventory and cycle counts, investigating variances and resolving associated issues
Maintains standard costs and reviews standard and actual costs for inaccuracies including variance analysis, treating these in accordance with GAAP
Develops meaningful and comprehensive reporting packages to provide current and accurate information to provide leadership with data necessary to make solid business decisions related to production, inventory management, and pricing
Performs month end tasks associated with inventory, material costs, margin analysis, and plant financial analysis including adjustment, summary schedules, and reconciliation
Locates, manages, and disposes of obsolete inventory
Performs production walks at manufacturing facilities to understand processes, variances, reporting errors, and interpretation of cost build-ups
Assists with general accounting tasks and other duties/projects as assigned
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Qualifications
Skills and Qualifications
Minimum of Associate's Degree in Accounting or related field, Bachelor's preferred
Minimum of five (5) years of manufacturing cost accounting experience
Bilingual Chinese and English
Advanced critical thinking and analysis skills to develop recommendations and solutions
Knowledge of standard costing and associated rates with the ability to develop a cost accounting system with verifiable and accurate reporting
Ability to work well with varying skill levels in multiple functions/departments (plant floor to upper management)
Desire to work in a team oriented environment with excellent verbal and written communication skillsÂ
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