Sr. Cost Accountant

Overview

JOB SUMMARY:   Directs day to day department cost accounting functions to provide timely and accurate information on costing, pricing, reporting, and resource allocation, ensuring compliance with generally accepted accounting principles.

Responsibilities

ESSENTIAL FUNCTIONS:

 

Monitors and analyzes departmental financial accounts, prepares period-end journal entries, and reconciles overhead expenses to ensure accuracy, cost efficiency, and compliance with generally accepted accounting principles (GAAP). (20%)

 

Reviewing and updating GL account reconciliation. Researching discrepancy and resolving issue in account reconciliation. (10%)

 

Gathers and evaluates data on cost changes—including quarterly pricing, pricing schedules, and cost-saving initiatives—across products, raw materials, overhead, manufacturing methods, and labor to support pricing strategies and business decisions.. (25%)

 

Partners with the liquid products operations team to ensure continuity, accuracy, and clarity of financial information, enabling effective performance monitoring and financial analysis. (20%)

 

Manages the operations and maintenance of computerized standard cost and inventory systems to ensure timely access to accurate and relevant financial information. (10%)

 

Supports the capital budgeting process by ensuring proposed projects are accurately budgeted and aligned with company policies and procedures. (5%)

 

Conducts evaluations of special projects and feasibility studies—including those involving new products, services, or methods—to assess their impact on cost structure and revenue generation. (5%)

 

Supports Division Controller and Division leaders on month-end closing, budgeting, cost update and pricing. (5%)

 

Performs other related and assigned duties as necessary.

Qualifications

MINIMUM QUALIFICATIONS:  Education and experience equivalent to:

 

Education/Certification:

Bachelor’s degree in Accounting or Cost Accounting from an accredited college or university.

 

Experience:

2 to 4 years of related work experience in cost accounting and computerized inventory systems in a manufacturing environment.

 

Knowledge, Skills and Abilities

 

Knowledge of (B/basic; J/journey; E/expert):

• Generally accepted accounting principles (E)
• Cost accounting (E)
• Budgetary concepts and techniques (J)
• Pricing concepts and techniques (J)
• Inventory control concepts and techniques (J)
• Relevant department concepts, procedures, and regulations (J)
• AS400 computing environment (J)
• PC word-processing/spreadsheet software applications (J)
• Project/assignment management techniques and procedures (B)

 

 

Skill and ability to:

• Read and process written information with a high degree of accuracy
• Interpret accounting problems and identify appropriate solutions
• Interpret systems problems and identify appropriate solutions
• Communicate and coordinate effectively with internal and external customers verbally and in writing
• Prepare a variety of administrative and technical documents and reports
• Work effectively in a general business environment, with a focus on high levels of quality and customer service
• Act in accordance with GSF’s Values and Creed

 

 

PERFORMANCE CATEGORIES

 

• Productivity/quality standards: accuracy, timeliness, and thoroughness
• Productivity/quality standards: responsiveness and reliability
• Employee development
• Systems knowledge
• Project/assignment management
• Organization and attention to detail
• Teamwork within the department and across departments
• Customer satisfaction