Sr. Cost Accountant

JOB SUMMARY:

Status: Non-Exempt

Ensuring accurate financial reporting. Contribute to the maintenance of accurate and complete financial records, focused on managing the organization’s expenses to improve profitability and efficiency. Act as a business partner that supports Operations, Business Development, Supply Chain, and the Human Resources Department.

Essential Job Duties and Responsibilities: (Additional duties may be assigned)

40%: Accurate and complete recording of transactions within the general ledger. Related tasks include, but are not limited to:

Preparing, monitoring, and analyzing financial reports, including income statements, balance sheets
Tracking and evaluating all expenses related to operations, such as production, labor, shipping, administration, and inventory.
Establishing benchmarks for various business processes and then comparing them against actual costs to identify and explain variances.
Preparing detailed reports on cost structures, performance against budgets, and presenting findings and recommendations to management and other stakeholders.
Ensure proper accounting for project-related transactions (fixed asset purchases, leasehold improvements, tooling revenue & expense, etc.)
Monitoring transactions pertaining to the production of parts. Ensuring that those transactions (i.e., DMR transactions, cycle-count adjustments, etc.) are accurately captured within internal reporting and general ledger.
Perform the monthly standard cost roll

25%: Perform tasks to help maintain the general ledger. Related tasks include but are not limited to:

Preparing and posting journal entries related to a variety of accounting transactions.
Assisting with preparation of monthly financial statements, including preparing and posting various journal entries and ensuring the completeness and accuracy of transactions.
Reconciling balance sheet accounts on a monthly basis.

15%: Lead or actively participate in continuous improvement efforts which include quarterly profit margin analysis.

10%: Develop and maintain a variety of time-sensitive reporting, including but not limited to:

Publishing weekly financial reporting.
Assisting with the preparation of monthly financial statements and board package.

10%: Perform a variety of other duties as needed, including but not limited to:

Meets expectations for non-routine tasks, including but not limited to audit requests, grant applications, tax filings (BAR filing, Sales Tax, PTET, etc.) reporting required by third-parties (RechargeNY, Empire State Development, etc.)
Assisting with documentation needed for R&D credits.
Develop, improve, and/or maintain a variety of financial models that facilitate the analysis of financial data. Such frameworks include but are not limited to: Machine Rates, Activity-Based Quoting
Utilizing historical data and cost analysis to help predict future costs and revenue, supporting budgeting and financial planning.
Data collection for various projects and analyses requested by Director of Finance, CFO, and personnel from other departments.
Attending and contributing to financial meetings and discussions.

Minimum Qualification Standards:

Bachelor’s Degree in accounting and a minimum of five years’ experience in accounting in a manufacturing environment is required.
Experience in the manufacturing and/or distribution industry preferred.
Intermediate proficiency in the Microsoft Office suite, including the ability to perform tasks using Excel, Word, and Outlook.
Cost Accounting background

Knowledge, Skills, and Abilities:

Computer proficiency including word processing, data entry, spreadsheets, and generating reports using standard software applications.
Promote the Quality Improvement Process.
Possess superior leadership and organizational skills.
Ability to compile, analyze, interpret and present financial reports, statements, and/or projections.
Excellence in interpersonal and communication skills, including writing and making effective presentations to internal and external top management officials.
Proficiency in general accounting functions including monthly, quarterly, year-end closing, budgeting, and forecasts.
Demonstrated ability to adhere to time-sensitive due dates for various reporting needs.
Demonstrated ability to contribute to financial discussions and address company needs in a proactive manner.
Strong organizational skills including the ability to manage multiple projects and details simultaneously.
Ability to prioritize work to meet deadlines and complete projects in a timely manner.
Strong analytical, critical thinking, and decision making skills.
Excellent attention to detail.
Contribute to the overall success of the company by performing all assigned duties in a professional, timely, and accurate manner.

Equipment, Machines, and Software Used:

This position requires regular use of general office equipment including, but not limited to, computer, printer, copier, fax machine, and telephone.
Computer Software: DelmiaWorks IQMS (ERP), 3rd party Fixed Asset softwares, Microsoft Office to include Word, PowerPoint, Outlook, Excel.