Cost Accountant

Job Summary:

The Cost Accountant will perform advanced cost accounting analyses to compare estimated costs to actual costs and prepare a variety of related budget reports. This position is onsite Monday-Friday.

Supervisory Responsibilities:

• None

Duties/Responsibilities:

• Gathers and compiles cost information and maintains a database concerning expenses.
• Develops and implements a production reporting system, daily, weekly & monthly
• Works with the production team to review and improve production reporting
• Develops systems and procedures for accumulation systems and/or cost accounting functions.
• Determines fixed costs such as salaries, rent, and insurance.
• Predicts, plans, and records variable costs such as purchases of raw material, labor, and operation costs.
• Reviews and analyzes actual costs to identify inaccuracies.
• Prepares necessary departmental and company-wide budgeting reports.
• Reviews, analyzes, and reports actual profit margins.
• Works with Sales teams to develop customer quotes that tie back to costing information in the company's ERP system.
• Develops and explains customer and item margin reporting to senior management.
• Performs month-end and year-end closings with assistance.
• Determines and recommends cost-effective solutions.
• Provides product sample costs for Marketing and General Accounting.
• Performs other related duties as assigned by the CFO.

Required Skills/Abilities:

• Excellent verbal and written communication skills.
• Proficient in Microsoft Office Suite or related software as well as accounting software.
• Thorough understanding of accounting procedures.
• Thorough understanding of Generally Accepted Accounting Principles (GAAP).
• Excellent analytical and organizational skills, with close attention to detail.
• Ability to manage confidential information.
• Education and Experience:
• Bachelors degree in Accounting or Business Administration required.
• At least five years of experience in cost accounting is required.

Physical Requirements:

• Prolonged periods sitting at a desk and working on a computer.
• Time on the floor to work with the production team on recording and gathering costing
• information
• Must be able to lift up to 25 pounds at times.