Cost Accountant

job
  • Employbridge
Job Summary
Location
Lawrenceburg ,TN 38464
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
08 Dec 2024
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Job Description

SUMMARY

Automotive manufacturer in Lawrenceburg, TN (on-site role)


Senior Cost Accountant


The Role assists the Controller with various financial, analytical and accounting functions as well as manage, co-ordinate and assist in the development and maintenance of product costs, the analysis of operational variances and the generation of production metric reporting at the Lawrenceburg TN facility.


Key responsibilities include:

Maintain check methods to confirm transaction entry to MRP system


Maintain Daily financial reports


Analyze DL/IDL variances daily


Perform scrap analysis


Lead with development of product costs for budget


Generate weekly reports to include material variance, direct labor variance and lead with variance analysis


Make recommendations regarding the accounting of reserves, assets and expenditures


Assist with database maintenance/updating (Defect database)


Conduct standard cost updates and maintenance


Monitor MRP system for accuracy, including errors in receiving, production reporting, shipping, and routings


Review production, shipping, receiving and move ticket transactions as needed


Update and post all internal part number cross reference sheets where needed


Determine and recommend improvements in current standards


Assist the materials department with monthly inventory activities


Create product structure and maintain bills of material for all manufacturing goods


Produce proper documentation on questions regarding information that has been entered into the system


Review standard and actual costs for inaccuracies


Report on periodic variances and their causes, with a focus on DL/IDL variances


Validate the cost of goods sold as part of the month-end close


Provide information to management by assembling and summarizing data; preparing reports; making presentations of findings, analyses, and recommendations. Analyze financial reports and translate them into concise summaries for management


Support coordination and preparation of the month end close process as well as budget and forecast process.


Preparation of financial models to support different budget and forecast scenarios


Provide assistance to operating management in assigned areas to facilitate proper implementation and control of budgeted plans and objectives.


Track financial status by monitoring and researching variances from plan


Determine financial status by comparing and analyzing plans and forecasts with actual results


Review customer pricing changes and retro billings and ensure that the pricing database is correct and up to date (for manufacturing locations)


Improve financial status by analyzing results and variances; identifying trends; recommending actions


Always promote an atmosphere of teamwork


Assist in any way to any employee, necessary to promote a successful operation emphasizing customer satisfaction


Ensure that a clean and safe work environment is always maintained


Ensure personal and associate awareness and understanding of ISO 14001 and ISO/TS 16949 (includes ISO 9001) Standards, and company policies and procedures.


During management system audit events provide evidence in support of conformance with appropriate standards and procedures and participate in corrective action activities as necessary.


Promote an atmosphere of team-work at all times


Ensure that a clean and safe work environment is always maintained


Complete any other duties as assigned


Education & Experience Requirements:

Must possess a Bachelor's degree in Accounting or related field. Working towards an advanced degree desired.


Must have at least 5+ years of experience in accounting with a strong cost accounting background.


Must have strong computer skills. Advanced Excel knowledge and ERP experience required. Trans4M experience desired.

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