Senior Cost Accountant

JOB DESCRIPTION

Summary/Objective

The Senior Cost Accountant is responsible for directing activities of product costing, product manufacturing analysis, and cost center spend analysis. The Senior Cost accountant is also responsible for providing recommendations to senior management in support of the achievement of Company goals.

 

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Perform month end close activities related to Cost Accounting, Product Costing, and Supply Chain Controlling.
2. Is the lead person overseeing plant Yield results out of Doehler Analytics Hub (DAH) and directing activities to improve our Yield results by production line and/or by product type.
3. Prepares estimates of new and proposes product or services costs.
4. Develop and maintain standard costs of finished goods and production components in a worldwide SAP system. Responsible for Tariff calculations, rates, and annual rolling of cost standards.  Maintain periodic cost rolls/updates in addition to preparing cost estimates for new products/services.
5. Analyze changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs; analyze actual production costs and prepare periodic reports comparing standard costs to actual production costs.
6. Recommends cost efficiencies in new product layouts.
7. Analyzing available control KPIs (recognizing trends, deviations between target/actual etc.), proposing additional control KPIs, deriving possible optimization measures and managing their success.  These KPI’s are within DAH and includes but or not exclusive to Yields, OEE%, and production volumes and accuracies.
8. Provide management with reports specifying and comparing factors affecting prices and profitability of products or services.
9. Develop and maintain standard costs of finished goods and production components in a worldwide SAP system.
10. Maintain and improve process and controls associated with manufacturing cost and inventory valuation.
11. Ensure validity and accuracy of SAP through analysis, internal audit, and coordination with inventory control, production and work order processing.
12. Assist in developing and documenting policies and procedures, including system requirements and internal controls.
13.  Business Partner with Cost Center owners to develop cost forecasts and budgets, analyze actuals to various comparison points and drive overall cost reductions, mitigations, and optimization.
14. Prepare actual vs. plan (budget) analysis; prepare various financial analysis related to manufacturing costs, material re-valuations, and expense information as needed for decision making support.
15. Represents Finance/Accounting on teams designed to improve operations, reduce costs, etc.
16. Assists in the Annual Audit as it relates to areas of responsibility

Supervisory Responsibility

None

 

Work Environment
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers and fax machines.

 

Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to sit; stand; walk; use hands to finger, handle or feel; and reach with hands and arms.

 

Position Type/Expected Hours of Work
This is a full-time position with regular office hours of 8:00 a.m. to 5:00 p.m., Monday through Fr