Cost Accountant
Job Title: Cost Accountant
Location: Waverly, Iowa
Salary: $85-115K
Job Summary of the Cost Accountant: The Cost Accountant is responsible for analyzing gross profit margins, assisting with the financials, balancing inventory, and reporting results. Supports the accounting team with the month-end closing and related tasks. Works with the Corporate Controller and CFO to manage company costs, assist in the preparation of budgets, develop cost standards, and provide data on operational costs.
Job Duties & Responsibilities of the Cost Accountant:
· Assist in month-end and year-end closing of financials, specifically on balancing inventory, monthly related entries for transfers and variances, etc.
· Calculate and analyze gross profit margins, reporting results to Finance and Operations personnel.
· Work with manufacturing plants on cycle count processes, labor/overhead rates, BOMs and routings.
· Apply cost analysis principles to current company processes in inventory management, gross profit, and reporting.
· Analyze manufacturing costs, labor absorption, and identifying variance and areas of improvement.
· Assist in the calculation of work center rates for manufacturing facilities.
· Review completed shop orders and analyze large variances, including identifying potential changes to processes.
· Perform annual cost roll process, including change analysis, at year-end and on an ad hoc basis.
· Other duties, special projects, and analysis as assigned.
Education & Experience Requirements of the Cost Accountant:
· Bachelor’s degree in a related field, accounting preferred
§ 5+ years of experience in accounting/finance.
§ Manufacturing environment experience
§ Cost accounting experience required -
* ERP experience – SAP, Deacom, NetSuite, Epicor
· Demonstrated internal and/or external customer service experience and skills
· Strong verbal and written communication and word processing skills
· Familiar with MS Office software including Word, Excel, MS Teams, PowerPoint, and Outlook
· Knowledge of QuickBooks
· Knowledge of ERP systems
· Attention to detail and accuracy
· Proactive self-starter with strong organizational skills
· Organized, able to prioritize, work positively with changing priorities and deadlines
· Skills in filing, operating office machines (keyboard, photocopier, fax, shredder, calculator)
