The Cost Accountant position manages costs, creates accurate and sustainable budgets, and improves operational efficiency.
Duties and Responsibilities:
- Maintain Bills of Material, Item Master, related costing for part database including Calculation of Labor and Overhead Rates.
- Update Standard Cost annually and as needed when cost factors change.
- Analyze G/L to perpetual inventory at month and year-end close.
- Analyze, correct and value physical inventory.
- Evaluate, approve/disapprove inventory requisitions for need, profitability, variation from standard.
- Make recommendations for list price change, product phase-out when margins or MOQ are unworkable.
- Analyze WIP and work order variances both weekly and monthly.
- Analyze purchase price variance weekly, monthly.
- Analyze inventory obsolescence for reserve calculation.
- Monitor and evaluate inventory cycle counts and discards.
- Set up cost monitoring and reporting systems and procedures.
- Analyze daily inventory transactions for accuracy and incorrect costs and evaluate Work Order Variances and provide feedback loop to production.
- Perform cost savings analysis for proposed process improvements.
- Perform make vs buy analysis.
- Proactive analysis of variances and communication of issues and opportunities.
- Plan, manage and execute the annual physical inventory process.
- Annual government survey reporting.
- Other duties as assigned.
Education and Experience:
- Bachelor's degree in Accounting or Finance.
- 3-5 years of experience.
Work Environment:
- Working in office environment.
- Some responsibilities occur in a warehouse and/or production setting.
MP Biomedicals offers a comprehensive list of benefits including:
- Bonus Pay
- Monthly Childcare Credit
- Employee Referral Program
- Paid Vacation
- Paid PTO Hours
- 10 Paid Company Holidays per Year
- 401k with Company Match
- Competitive Healthcare Benefits
- Company Paid Life Insurance and Short-term Disability
- HSA
- Employee Assistance Program
- Employee Discounts
- Free breakfast on Mondays
- Catered Lunches Tuesday-Friday
- And so much more!
Compensation details: 0 Yearly Salary
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