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Cost Accountant

Farmingdale, NJ

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Description

Summary/Objective

As a key member of the accounting team, this position will support the Accounting Supervisor by overseeing the day-to-day cost accounting functions.  This individual will be responsible for the preparation of monthly closing entries, account analysis and the maintenance of financial policies and controls.

Essential Functions and Responsibilities

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

  • Preparation of monthly closing entries along with critical account analysis and monthly GL reconciliations.
  •  Calculate inventory reserves.
  • Review and report on PPV.
  • Review and report on operational results providing in-depth analysis and explanations of manufacturing costs and variances analysis.
  • Ensure inventory accuracy through reconciliation of inventory accounts and analysis of work in process and other material transactions
  • Participate in cycle count reviews and physical inventory counts.
  • Review of current product cost and margins.
  • Streamline monthly processes and propose new activities/technologies to add value to the business
  • Collaborate with team to develop costing mechanisms and implement controls for outsourced products.
  • Prepare actual to forecast/budget variance analysis.
  • Participate in the quarterly forecasting and annual budgeting process.
  • Coordinates annual and internal audits
  • Other special projects and analysis as required.
  • Ad hoc reporting and analysis.

 

Job Requirements

Travel

Some travel will be required

Required Education and Experience

  • The candidate should have a degree in accounting, with experience in a manufacturing environment and prior cost accounting experience.
  • The candidate should be self-motivated with excellent time management skills.
  • Advanced Microsoft Excel skills coupled with the ability to develop automated processes to extract raw data from an ERP and convert to high quality management information are required.

Preferred Education and Experience

BS in Accounting with manufacturing experience

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