Why would I want this job?
The Senior Cost Accountant will focus on all aspects of Cost accounting and Inventory and have a great understanding of manufacturing. Cost and item set-up in JDE as well as inventory control, monitoring and reconciling inventory and variances. This position will play an integral role in manufacturing variances, E&O inventory, LCM calculation. The Senior Cost Accountant will also oversee the day-to-day activities of inventory transactions across the different sites at the Company including outside facilities (3rd party), in addition to working with different departments to ensure inventory accuracy. The position will also be involved with but not limited to inventory management, and master data. This role requires close collaboration with Operations, Quality, Logistics, Supply Chain, and other cross-functional teams to ensure inventory accuracy and effective inventory management.
What would I be doing?
Essential Functions
- Perform month-end close activities, including preparing and posting journal entries, completing reconciliations, ensuring SOX controls are met, and conducting financial analysis for the P&L and balance sheet.
- Review inventory status regularly and recommend appropriate reserves in accordance with company policy, including for slow-moving, obsolete, excess inventory, lower of cost or market (LCM) adjustments, and inventory variances such as material, labor, and purchase price variances (PPV).
- Collaborate with cross-functional teams to research and resolve inventory-related issues and requests, ensuring inventory records remain accurate, timely, and reliable.
- Establish additional controls across supply chain and finance functions, while identifying opportunities to improve existing controls and standard operating procedures (SOPs).
- Develop and track key performance indicators (KPIs) and operational metrics to monitor process effectiveness.
- Support cross-functional initiatives and participate in training activities with related business areas to strengthen operational knowledge, promote collaboration, and enhance overall inventory management practices.
What would make me qualified?
Qualifications
Education
- Bachelors Degree (BA/BS) Finance or related field – Required.
Experience
- 5 years or more in Cost accounting experience in a manufacturing environment.
Skills
- Excellent communication skills, both written and oral. – Proficient
- Ability to multi-task and prioritize. – Proficient
- MS Office (Excel/Word/PowerPoint). – Advanced
Specialized Knowledge
- Cost accounting knowledge. ERP/MRP/General Ledger.