Senior Cost Accountant

Senior Cost Accountant

Senior Cost Accountant

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Accentuate Staffing is currently recruiting for a Senior Cost Accountant for our Client in Raleigh, NC.This position is the primary owner of inventory and cost accounting for Raleigh plant, supporting related cross-functional groups along with percentage of completion and other revenue accounting processes.

Responsibilities:

  • Focus on process and efficiency improvements, identifying and escalating issues
  • Support the Accounting Supervisor and Finance Business Partners in the calculation of standard costs, rates and/or costing standards and analyze impacts in the product cost
  • Inventory accounting (physical cycle counts, audits, and variance identification and resolution, ensure proper classification of inventory and material, and purchasing rates verification and calculation)
  • Research, troubleshoot, and answer basic to complex questions and advise the Finance Business Partner organization on cost model issues (including In and Out margins analysis, participate and support project reviews, support special costing projects for customer quotations, productivity, efficiency and utilization analysis, etc.)
  • Analyze variances from standard through financial closing of work orders on a timely basis, investigating the source of and resolving large variances
  • Reconcile inventory accounts monthly and fulfill all related reporting requirements
  • Explore and analyze root causes of any cost model or business finance issues and propose policy or process changes to improve work moving forward
  • Identify cost incurred and participate on Project Status Review in order to obtain information to be used on Revenue accounting records and calculations for both Percentage-of-Completion and Point-in-Time projects
  • Provide actual information to be used as a base on Costs and Margins for Percentage-of-Completion and Point-in-Time projects forecast
  • Support and provide value-added insight during implementation of SAP throughout the business requirements, data migration, and conversion processes
  • Support plant- and company-wide initiatives related to shortening the close process, efficiency KPIs, rework, backlog reduction, etc.
  • Work cross-functionally with Supply Chain, Manufacturing, Planning, Project Management, and Engineering to complete all job responsibilities on a timely basis
  • Assist with documentation, explanations, and ad hoc reporting related to interim and year end audits

Requirements:

  • 5+ years of relevant cost accounting experience at industrial manufacturing companies
  • Bachelor’s Degree in Accounting
  • Experience with SAP
  • Intermediate to advanced Excel spreadsheet skills required
  • Knowledge of and familiarity with US GAAP
  • Percentage of Completion (POC) accounting experience is a plus
  • Excellent problem solving and critical thinking skills; ability to apply judgement
  • Ability to prioritize, plan, perform and communicate activities both in written and verbal form

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