Cost Accounting Supervisor
Consolidated Machine & ToolAbout the role
Company Information
Consolidated Machine & Tool (CMT) and its 7 locations specialize in precision machining, fabrication, and assembly of highly engineered components. With over 175 years of combined experience, 300,000 sq. ft. of floor space, 250 CNC machines, and 350 talented employees between 7 locations across the United States and Canada, we leverage our combined expertise and state-of-the-art CNC machining capabilities to deliver quality machined parts to customers all across the globe. Our primary commitment is to provide our customers with a quality product, on-time delivery, and competitive pricing.
Position Summary
The Cost Accounting Manager will provide direct cost accounting support to our operating sites across North America. The successful candidate must be able to develop, deploy, and audit policies and procedures related to cost accounting in a high mix, low volume, discrete manufacturing environment. This is an opportunity to learn and grow your career along with a growing company!
Key areas of focus include:
- GAAP Inventory Accounting, Controllership & Operations Control.
- ERP Utilization, Administration, and Reporting.
- Job Cost Analysis & Quoting Validation.
- Manufacturing and Overhead Cost Analysis.
- Reporting to Management on Customer/Program Profitability.
- Managing personnel who handle cost transactions in systems.
- JobBoss2 Management.
*This position is performed on site at Delva Tool & Machine 100%, with 0-5% travel*
*This position works a schedule of Monday thru Friday from 8:00am-5:00pm. The salary range for this position is between $115,000 - $127,000/year depending on experience*
Essential Duties and Responsibilities
- Define and deploy policies and procedures to ensure:
- Costs are properly allocated to work orders for accurate work-in-process and job cost reporting.
- Finished goods and raw material inventory counts and values are accurate.
- Identify and address slow-moving inventory.
- Supervise/Manage staff of 5 or less.
- Train managers and employees on how to allocate costs to work orders properly.
- Create an auditing process to verify that data collection and cost allocations are recorded correctly.
- Implement a process utilizing the existing ERP system to identify products that are being produced below margin expectations.
- Work with site leadership and our operations team to measure and track progress as they correct low-margin programs.
- Compute direct labor and manufacturing overhead rates for each location regularly and update all relevant ERP, quoting, and accounting systems with the new rates.
- Review bill of materials and process routings to ensure costs are being applied correctly.
Experience, Qualifications, and Skills
- Bachelor's degree in accounting is required; MBA certification is viewed as a plus.
- 5+ years of ledger accounting, managerial accounting, or costing in a manufacturing business is required.
- Experience working in a CNC Manufacturing setting a plus.
- Must have a strong understanding of GAAP Accounting.
- Must have a strong understanding of Actual Costing method.
- Advanced Excel knowledge is required.
- Must possess strong computer skills and be a self-starter, detailed, and task-oriented.
Benefits and Perks
Our com
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