Cost Accountant - Virtual Company
Marquette, MI 49855
About the Job
POSITION SUMMARY:?
Cost Accountant: This position will be responsible for analyzing the cost of production in a highly regulatory medical manufacturing environment as well as ensuring profitability, supporting strategic decision-making, and maintaining compliance with healthcare manufacturing standards. This position is critical in helping the Company maximize the number of patients served while maintaining a high level of quality and safety.
RESPONSIBILITIES:?
- Conduct monthly financial close activities, including inventory valuation, Excess & Obsolete reserve, standard cost variance analysis, operations productivity, account reconciliations and other reporting as necessary. Prepare reports and summaries as required for inclusion of financial reporting
- Prepare standard adjusting journal entries related to operational cost accounting
- Review PPV reports and research purchases to ensure accurate PPV reporting
- Establish labor and overhead rates
- Support external audits and tax preparation functions
- Conduct WIP audits
- Contribute pertinent cost analysis associate with the annual budgeting process
- Prepare accurate cost estimates for new and/or existing products on request
- Partner with operational management to improve controls, accuracy and quality of manufacturing costs and resolve extraordinary variances
- Record fixed asset acquisitions, disposals, transfers, and other asset adjustments in the accounting system, ensuring timely and accurate asset tracking and capitalization.
- Works with finance staff to maintain the accuracy and integrity of the general ledger
- Works with various functional departments to develop and maintain the product costing system.
- *This is not an exhaustive list of duties or functions and may not necessarily comprise all of the essential functions.*
EDUCATION/EXPERIENCE REQUIRED AND/OR PREFERRED:
- Bachelor's degree in accounting, finance, or a related discipline required
- 3-5 years of experience with cost accounting experience, preferably in a manufacturing or healthcare/medical device environment
KNOWLEDGE, SKILLS, AND ABILITIES:
Technical Competencies
- Proficiency and/or experience using Enterprise Resource Planning (ERP) systems (i.e. SAP)
- Advanced Excel skills for data analysis and reporting
- Strong knowledge of cost accounting principles, standard costing, and variance analysis
- Ability to analyze complex data sets, draw meaningful insights, and communicate findings effectively to both financial and non-financial stakeholders
- Ability to interact professionally with users from all areas and levels of the business, influence decisions and facilitate change management through collaboration and leadership.
- Ability to coordinates activities across vendor, end user and internal resources to achieve deliverables as defined in project plans
Behavioral & Basic Skill Competencies
Excellent verbal and written communications skill to provide updates of status and issues.
Must be a self-starter, results oriented person who works well in a team and multi-vendor environment.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.