Senior Cost Accountant - Hybrid (36511)

Company Summary:

Young Innovations, Inc. is a leading developer, manufacturer and distributor of high-quality professional dental products designed to improve the clinical experience for dental professionals and patients. Young consistently delivers a diverse and innovative portfolio of highly-recognized, proprietary brands and private label/OEM options to oral healthcare practitioners and patients.

Job Summary: 

You be responsible for determining cost of raw material, labor, overhead and value of inventory while also contributing to acquisition integrations and other ad hoc projects as needed.

Job Duties: 

• Execute monthly close responsibilities according to schedule for assigned scope areas by verifying accuracy of journal entries and variance reporting;

• Prepare balance sheet account reconciliations timely and prepare supporting documentation for assigned scope areas;

• Review, investigate and correct errors and inconsistencies in inventory accounting transactions to ensure proper accounting treatment within the general ledger;

• Lead and execute variance capitalization analysis and reporting, including material usage & purchase price variances, direct and indirect labor and manufacturing overhead variances and work with Financial Planning and Analysis to incorporate into monthly variance reporting;

• Work with Financial Planning and Analysis to incorporate variance analysis, annual plan and quarterly forecast changes into standard cost rolls per company process;

• Participate with cross functional team to properly cost changes in existing BOMs, prepare BOM cost estimates and creation of new items/BOMs;

• Support other manufacturing operating activities, as needed (cycle counts, physical inventory, etc.);

• Work with the Company’s external auditors to provide requested information and explain the substance of the transaction for assigned scope areas;

• Identify areas in cost accounting to improve processes and lead contribute to continuous improvement initiatives (close cycle time, capitalization, perpetual inventory, standard cost rolls, etc.);

• Execute acquisition integration activities related to cost accounting (opening balance sheet inventory, month end close, standard cost/ERP deployment, etc.);

• Support other enterprise-wide accounting activities as needed

• Some travel required

Job Qualifications: 

• Bachelor's degree or equivalent in Accounting;

• 4+ years of progressive accounting experience with at least 2 years of related experience in Cost Accounting; 

• Experience working with operations, engineering and manufacturing team members on the development and analysis of cost standards;

• CPA and/or Public accounting experience is a plus;

• Proficient in Microsoft Office applications (Excel Advanced User) and experience working with ERP systems;

• Excellent knowledge of US GAAP, IFRS is a plus

Key Traits:

• High energy, positive, collaborative, approachable, team oriented work style and ability to follow through with a very high