Senior Cost Accountant

Position Summary The position will be responsible for the direction, review, and management of both cost accounting responsibilities and some financial responsibilities.  The Senior Cost Accountant will be responsible for maintaining a cost control environment that complies with the Company’s internal control policies and Sarbanes-Oxley.  The Senior Cost Accountant will assist in any ad-hoc analysis and projects as required.  This position will also be responsible for producing financial analysis and explaining variances and anomalies by researching issues.   Duties and Responsibilities:

Applies principles of finance and cost accounting to various accounting duties related to the Business Unit's financial and operational planning and reporting Responsible for the maintenance of the manufacturing plant’s cost accounting systems, cost controls & integrity Responsible for the financial coordination, administration and analysis of manufacturing operations.  This involves analyzing sales and cost of sales, labor reporting, product costing, and monthly material usage variances and inventory adjustments to be used for pricing review Responsible for the overall planning, coordination, and participation of the physical inventories as well as the analysis of the results. Responsible for the monthly accounting and reconciling of the financial to perpetual inventory.  Coordination responsibility extends not only to production departments but to outside stockrooms and vendors. Oversee and manage the annual Fixed Asset Physical inventory process & 4-Wall Yearly Inventory Track spending on capital projects and maintain the Capital Roll-forward Develop computer driven reports, dashboards, and metrics to support operations. Candidate should possess the ability to analyze and interpret the resulting data. Responsible for the coordination and analysis of direct labor reporting within the business unit. Preparing recurring monthly journal entries related to inventory, labor reporting, cost of sales and other various entries and their corresponding reconciliations. Responsible for standard cost duties as follows:

Ensure accurate product costing – including reviewing BOM’s, overhead rates, etc. Review and load material standard costs into ERP database Perform assembly cost roll ups Analyze cost changes, margin impact and inventory value adjustment effect Complete Make vs. Buy analyses Perform standard cost update process Develop and monitor labor and overhead rates for department / cost center Work with manufacturing engineering to ensure cost and rate accuracy Review cost routings for reasonableness and bill of materials accuracy Drive, prepare and analyze information required for the annual standard cost updates and review Perform quarterly LIFO calculation and reporting. Review and close manufacturing work orders

Responsible for actual to standard manufacturing variance analysis as follows:

Analyze and verify monthly labor utilization and efficiency Review and investigate purchase price and material usage variances Work with marketing and purchasing to establish proper cost on new parts and assemblies

Responsible for review, reporting and analysis of inventories, inventory reserves (including E&O), slow moving inventories, obsolete inventories, scrap, and inter-company transfers Assist with both internal and external audits Monitor and analyze Cycle Count results and performance and issue monthly reports and ensure compliance to corporate cycle counting procedure Assist in the preparation of annual operating and capital budgets. Lead the analysis of product costs, overhead absorption, abnormal fixed cost expenditures, etc. Develop a full and complete understanding of cost flows to determine proper costing (e.g. machine and labor hours, overhead costs, allocations and material costs) Daily interface with manufacturing personnel and production planners.  Assist