Senior Cost Accountant

Job Details

Summary

Position Summary

• In-depth knowledge of cost accounting within a manufacturing company and fully understands the building of a standard cost, adept at variance analysis (e.g. PPV / MUV / Conversion Cost) and fully understand the link between manufacturing operations and costing.
  
  

Specific Duties And Responsibilities

• New product standard cost establishment review and approve accuracy of product structure and routing file before updating base, current and going-to cost
• Review daily engineering changes review and evaluate cost implications of engineering changes to routing and/or product structure
• On a daily, weekly and monthly basis review, analyze and report variances of purchase price, material usage, outside operation, labor price, labor usage/efficiency and factory overhead efficiency to Operations, Finance and Plant management and assist with corrective action planning
• Working with the Controller, achieve daily visibility to manufacturing personnel (in the office & on the shop floor). Attend manufacturing production meetings; participate in manufacturing departmental staff meetings; test assumptions by observing production on the shop floor; develop relationships to ensure effective communication lines
• Review, analyze and report scrap and shrink
• Monitor work orders ensure completed work orders are being closed correctly and in a timely fashion
• Prepare monthly customer and product line contribution margin report
• Ensure the operation of a robust cycle counting policy in support of maintaining a high level of inventory accuracy
• Play a central role in the annual manufacturing budget process, including raw material, outside operations, standard labor and overhead rate calculations
• Prepare for and successfully carry out the year-end standard cost roll
• Critically examine pricing structures within the business and make recommendations to protect and improve profitability
• Support the Controller on new sales opportunities margin analysis
• Be a part of project teams that aim to improve performances and deliver on process improvements and cost saving initiatives
  
  

Requirements

Education And Experience Required

• Bachelor's degree in accounting or finance; advanced degree preferred
• Certified Management Accountant (CMA) preferred
• Minimum five (5) year s work experience in a manufacturing environment
• Significant experience working with manufacturing teams on development and analysis of cost standards
• Strong computer experience utilizing spreadsheet, word processing and database software
• Prior experience utilizing ERP software, preferably JD Edwards. SAP, BAAN, or Oracle is also acceptable
• Ability to plan and complete assignments within deadlines
• Ability to follow complex oral and written instructions
• Ability to prepare and present complex written reports
• Ability to perform standardized and statistical computations
  
  

Position Type/Expectations Of Working Hours

• Full time position
• Regularly scheduled to work 40 hours a week, with casual over time.
• Must be able to work Monday - Friday

 PennEngineering

 05/11/2024

 Waterford,MI