Cost Accountant
Job Description:
***Positions posted by El Comeback are done on behalf of companies that we support in their search for candidates.***
Our client, SOLX, is looking for a Cost Accountant.
Job Description: Cost Accountant
FLSA Classification: Professional
Reports to: Chief Financial Officer
Approved By: Kirk Crow, CFO
Approval Date: June 12, 2025
Human Resources: M. De Jesús Director Human Resources
Job Summary:
The Cost Accountant is responsible for planning, analysing, and controlling cost data to support strategic decision-making and ensure financial efficiency. This role plays a key part in budgeting, cost control, and profitability analysis. This position reports into a remote Finance Team.
Key Responsibilities:
- Develop and implement cost accounting policies and procedures, ensuring compliance with accounting standards
- Track and manage expenses related to the production of solar panels in NetSuite and generate materials that impact budgeting, efficiency, and profitability
- Analyze and interpret financial data, including inventory costing and revenue recognition for inventory sales
- Collaborate with cross-functional teams to ensure accurate financial reporting and compliance with regulatory requirements
- Provide training and support to staff on NetSuite and cost accounting procedures
- Ensure accurate and timely financial reporting, including monthly close and year-end audits
- Analyse manufacturing and operational costs, including materials, labor, and overhead.
- Prepare cost estimates and standard costs for products and services.
- Develop and maintain cost accounting systems, documentation, and records.
- Conduct margin analysis, variance analysis (standard vs. actual costs), and inventory valuation.
- Assist in the preparation of budgets and forecasts.
- Collaborate with operations and production teams to identify cost-saving opportunities.
- Monitor inventory transactions and conduct periodic physical inventories.
- Ensure compliance with internal policies, procedures, and relevant accounting standards.
- Provide detailed reports and recommendations to management for cost reduction and process improvement.
Qualifications:
- Bachelors degree in Accounting, Finance, or a related field (CPA or CMA preferred).
- 5+ years of experience in cost accounting or a related financial role, preferably I a manufacturing or production environment.
- Strong knowledge of cost accounting principles, financial reporting, and ERP systems (e.g., SAP, Oracle, NetSuite).
- Advanced proficiency in Microsoft Excel and data analysis tools.
- Excellent organizational, communication, and problem-solving skills.
- Fully Bilingual English/Spanish
Preferred Skills:
- Experience with activity-based costing and lean manufacturing principles.
- Familiarity with standard costing methods.
- Ability to work independently and as part of a remote team
- Experience providing training non-finance teams in ERP and Finance related matters
***El Comeback is a non-profit program from ConPRmetidos that attracts and retains professional talent for Puerto Rico-based jobs. Register at elcomebackpr.org/registration-form to get matched with professional opportunities on the island.***