Cost Accountant

Job Brief:
The cost accountant will be responsible for planning studying and collecting data to determine costs of business activity such as raw material purchases inventory labor and overhead. Will also be responsible for managing and coordinating the activities of all the staff members engaged in inventory control and inventory record accuracy.


Responsibilities:

Essential Responsibilities and Duties:

Coordinate physical inventory counts and cycle counts

Investigate cycle counting variances inventory adjustments and resolve issues

Master data management including maintaining inventory Item Master Item Location Bill of Materials and Bulk Conversion Table database inner/master pack UPCs quantities dimensions weights

Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs

Analyzing changes in product design raw materials manufacturing methods or services provided to determine effects on cost

Review standard and actual costs for inaccuracies

Update standard costs in the bill of materials

Make estimates of new and proposed product costs and margins.

Assist in updating the reserve for obsolete inventory as needed

Work with the materials review board to identify and dispose of obsolete inventory

Perform other related duties as assigned

Skills Required:

Knowledge Skills and Abilities:

Must have a strong cost systems background and excellent analytical skills; sound understanding of accounting principles

Computer literate advanced Excel skills and experience manipulating large databases

Experience working with engineering and manufacturing personnel on development and analysis of cost standards

Ability to effectively manage a variety of tasks

Strong problem solver stays calm under pressure

Selfdirected team player ability to work independently

Strong attention to detail and accuracy