Sr. Cost Accountant - Anansys Staffing LLC

Job Responsibilities:

• Apply fundamental accounting theories and concepts to support the cost accounting function
• Planning, studying, and collecting data to determine costs of business activity such as raw material purchases, inventory, labor, and finished goods
• Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost and margins
• Ownership for item set-up and cost updates to drive accuracy of all bills of materials
• Collect and analyze all relevant costing data to develop and maintain accurate cost estimates for materials and labor; update on ad hoc basis as needed
• Review of the integrity and reasonableness of the cost accounting systems on a periodic basis; establish a recurring cadence and process for updates
• Manage the cost accounting module in D365 including open & close of inventory module at month-end
• Calculate actual manufacturing costs and prepare periodic reports comparing estimated costs to actual production costs and investigate variances
• Review production batches for reasonableness and consult with production to resolve anomalies
• Perform daily KMT inventory reconciliation and month end inventory reconciliations
• Measure, track and report on accuracy of batch order cost estimates vs. actuals
• Analyze labor absorption and correct variances to ensure cost accuracy
• Coordinate periodic physical inventory counts, ensure adjustments are booked accordingly
• Provide guidance and recommendations for periodic inventory revaluations; advise on required accrual rates to cover potential inventory de-valuations
• Ensure prompt updates are made to cost estimates to reflect new transfer pricing changes
• Manage month-end financial close process for inventory and related items, and liaising with finance team on the preparation of journal entries, account reconciliations
• Assist with various audit processes by providing requested information and explanations
• Train other employees & temporary contractors on cost accounting tasks and processes as directed by the Controller
• Lead or assist in ad hoc projects as needed

Your Experience Should Include:

• Bachelor's degree in accounting, Finance or related field (CPA preferred)
• 7 or more years of related general accounting experience in a complex manufacturing environment
• Ability to lead a holistic costing environment including the standardization and automation of best in class costing practices, drive continuous improvement in the function and successfully partner with business leaders
• Experience and familiarity with multiple costing methodologies and the ability to make informed recommendations on method of best fit for varying manufacturing environments
• Experience with Microsoft D365 is an asset
• Possesses a strong systems background and excellent analytical skills
• Good written, verbal communication and collaborative skills
• Proficiency in Excel and Microsoft Office products
• Ability to work independently under minimal supervision and with competing priorities