Sr Cost Accountant

Industry

Accountancy

Advert ID

BBBH5403867

Location

St. Louis

Job Type

Permanent

Hours

Full-Time

Salary Range

USD65000.00 - USD85000 per year

No. of Openings

1

Branch Information

Saint Louis, MO - (USA) 622 Emerson Road Suite 110 MO Creve Coeur , MO 63141

ContactNumber

314-692-4215

Job Description

Sr Cost Accountant

Direct Hire Position Located in St Louis, MO



This position will have accountability for multiple locations.

Minimal Travel



The Sr. Cost Accountant is responsible for ensuring consistency and transparency in financial reporting as well as compliance with all internal controls for three manufacturing facilities. Reporting to the Director of Finance, key areas of responsibilities include spend analysis, material and labor variance analysis, forecasting, management and reporting, asset safeguarding and evaluating / tracking cost cut opportunities.



Essential Duties and Responsibilities include the following





* Assist with preparing monthly report of results, monthly forecasts, annual operating plan and strategic planning for Cost of Goods Sold items

* Develop and / or review budget / forecast inputs such as component material cost, bills of material, labor & overhead rates, expense budgets for manufacturing and service departments

* Ensure bill of material and costing accurately reflect production operations.

* Perform audits of bill of materials to ensure product costs are accurate and accounted for properly. Report audit results monthly

* Determine the appropriate inventory levels of finished goods and adjust the level based on production, shipping and returns

* Ensure accuracy of physical inventory, investigate, and explain variance

* Assist with Capex budgets

* Review business processes, identify risks and key manufacturing / financial controls requiring documentation and completeness





Spend Analysis and Control





* Review labor reporting and cost, material costs, manufacturing overhead, distribution cost, returns and inventory levels. Highlight opportunities for improvement.

* Cost analysis - review and understand major operational cost drivers

* Labor analysis, including periodic reporting of key labor data / statistics

* Develop cost estimates for new product initiatives

* Review production variances (Material & labor) and help drive to root cause

* Analyze potential excess and obsolete inventory items monthly





Requirements:

Financial experience within a manufacturing company is highly desired in this role

NetSuite ERP experience preferred

Advanced Microsoft excel skills (v-lookups, pivot tables, If statements)

5+ years' experience cost accounting

Bachelor's degree in accounting