GENERAL SUMMARY OF POSITION: The Senior Cost Accountant is responsible for product costing, product manufacturing analysis, analysis of equipment utilization, and inventory valuation. Additionally, the Senior Cost Accountant supports monthly financial close, cycle counts, and physical inventory and ensures accurate financial postings occur. This person partners closely with our Supply Chain and Operations teams to provide critical support in ensuring compliance with US GAAP and related accounting rules. CORE & ESSENTIAL FUNCTIONS: Contribute to the outstanding reputation of the company by always putting the customer first, treating fellow associates with respect, and conducting business with the highest integrity. Ensure inventory costing policies are clearly defined and consistently implemented. Perform cost variance analysis and maintain accurate costing records. Develop and execute a review process for inventory adjustments, including setting processes and approval thresholds, developing a reporting and review process, and actively reviewing and approving inventory/in-process adjustments. Lead and coordinate periodic physical asset counts. Support monthly financial close, inventory counts, and perpetual inventory accuracy. Scrutinize costing and inventory transactional data in order to draw conclusions, interpret results, drive corrective actions and make recommendations to Accounting leadership. Analyze aging reports and review turnover of inventory/in-process materials for possible impairment and calculate any necessary reserves. Assist in the improvement of processes and internal controls related to inventory. Ensure all required journal entries and respective documentation is properly recorded. Analyze manufacturing costs and prepare reports comparing standard costs to actual production costs. Work cross-functionally to determine accurate costing estimates for new products and modifications of existing products. Manage all new and existing items setup and accuracy in the ERP item master data. Ensure accuracy of standard costs in the ERP, including periodic standard cost rolls. Work closely and collaboratively across cross-functional teams whenever necessary. Other duties as assigned. KNOWLEDGE AND SKILL REQUIREMENTS: College degree in accounting or related field 3+ years of accounting experience with at least 1-2 of those years being in a manufacturing, assembly or inventory management environment Demonstrated strong aptitude for problem-solving, accounting principles, documentation skills, research and resolution skills, data analysis and multi-tasking Must possess knowledge of applicable accounts payable/general ledger systems and procedures, financial chart of accounts and corporate procedures Detailed understanding of how supply chain flow and manufacturing processes interact with the general ledger Must be strategic and results-oriented Must be able to work both independently and in a team environment Ability to manage competing priorities and deliver first-time quality product within deadlines Must be self-motivated Must possess excellent verbal and written communication skills Advanced Microsoft Excel skills required Proficiency in using Microsoft Office Suite applications Ability to present and communicate at all levels of the business EQUAL OPPORTUNITY EMPLOYER: We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, ancestry, military status, veteran status, marital status, gender identity or expression, transgender status, citizenship, sexual orientation, age (40 and older), disability (except where the disability prevents the individual from being able to perform the essential functions of the job and cannot be reasonably accommodated), protected veteran status, or any other protected characteristic under federal, state or local law.
