Job Openings Cost Accountant

About the job Cost Accountant

Position Title: Cost Accountant

Classification: Associate

Salary: 25,000 - 45,000 a month

Reports To: Client

Primary Relationships: Client Team

Date: June 2022

Schedule: 9am - 5pm US time


Responsibilities:

Cost Accounting

• Compiles and analyzes cost records daily for all manufacturing activities.

• Classifies labor, material, and overhead costs to compute the product unit cost.

• Records cost data for use by management in controlling and monitoring efficiencies.

• Prepares cost data for preparation of operating budgets.

• Periodically revalues obsolete inventory.

Reporting

• Analyzes actual costs versus standard costs and prepares variance reports daily.

• Manages the manufacturing variances and reports monthly to upper management.

• Reports on all material, and overhead at monthly COGS (Cost of Goods Sold) review meetings.

Product Costing

• Calculates product cost standards for labor, material, and factory overhead from bill of materials.

• Assists with annual reset of inventory standard costs.

• Works closely with Production and Engineering on labor standard setting.

Requirements:

• Bachelor’s Degree in Accounting, Finance or Business

• 2-4 years’ experience in cost accounting, preferably in a manufacturing environment using standard cost accounting systems

• CMA or working toward a CMA a plus

• Advanced Microsoft Excel skills is required

• Strong analytical reasoning skills

• Ability to work in fast-paced environment and good team player

• Good judgment and decision-making skills