Senior Cost Accountant

JOB SUMMARY:
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The Senior Cost Accountant will have responsibility for ensuring technical accuracy of the P&L and Balance Sheet as they relate to Cost Accounting. This individual will partner with Procurement, FP&A, Transportation, and Plant Controllers, to support operational cost efficiency. This role will assist in the collection and analysis of financial information related to the organization’s expenses, capital, and performance to define ways to improve accuracy of budgets, forecasts, and overall processes as determined by normal operations and periodic performance.ESSENTIAL FUNCTIONS:Analyzes expenses and cost transactions; ensures that transactions are recorded accurately, in the correct Financial period and assigned to the appropriate GL Accounts, Department/Dimensions, and Projects.Conducts specific research to recommend process improvement and to monitor and measure performance operationsPrepares periodic reports tracking data across all plant activities.Manage standard costs of raw materials and finished goods in accordance with corporate policies including both new and existing itemsAssist in management of annual calculation of standard direct labor and overhead cost rates, monitor throughout the fiscal yearPerform standard to actual Labor and Overhead variance analysisSupport Pricing Team by providing current costing analytics including Inbound freightPartner with R&D and Sales on costing of new product developmentPartner with Data Management on BOM setup and maintenanceCreate weekly Inventory Adjustment Walk to forecastReconcile Monthly Inventory and assist in monthly inventory reserve calculationPartner with Inventory Control Manager on Inventory management KPI’s and processServe as Finance partner in ensuring inventory SOP adherenceAnalyze and identify root cause/corrective Action of weekly/monthly PPV variancesPartner with Strategic Sourcing in forecasting and evaluating Purchase Price VarianceSupport calculations and accruals of pass-through material expensesPartner with Senior Manager Supply Chain Finance on Budget, Forecast and actualsCollaborate with Site Controllers on analytics process and reporting of cost per pound metrics.Construct Ad-Hoc costing analysis supporting Supply Chain and operations projects; both to estimate future costs and measure actuals.Perform other duties and ad-hoc requests as assignedPOSITION GOALS:Assist in continued development of Corporate Standard Cost method and processesParticipate in creation and deployment of cross-functional SOP’s as they relate to Corporate cost structureDevelop standardized weekly and monthly cost metric measurements unified across plant locationsPerform other duties as assignedKNOWLEDGE, SKILLS, ABILITIES:Bachelor’s Degree in accounting or finance or related fieldMinimum of 7 years Cost Accounting experienceSAP experience preferredAdvanced understanding of costing methods, General Ledger associations and Income Statement impactsThorough understanding of cost accounting principles and procedures. xzbcwsv Experience in Overhead Cost Absorption AllocationExcellent communication, relationship building and negotiating skillsStrong analytical and quantitative abilityDemonstrated solid working knowledge of Microsoft Applications, including Word, Excel & Power PointMust be a hands-on person who is comfortable with lean, fast-paced working environments.