Sr Cost Accountant
Location: Dallas, TXPosted On: 12/16/2024
Requirement Code: 71256
Requirement Detail
- Provide cost accounting services, often for large, multiple, and/or complex plants or areas, by monitoring, analyzing and providing monthly cost updates.
- Conduct studies of material, labor, or other expenses to determine production costs, cost of sales, or other cost-related performance measures.
- Analyze changes in product design, raw materials, manufacturing methods, rate schedules, or services provided to determine effects on costs.
- Compare factors affecting prices and profitability of products or services.
- Examine any costs that seem contrary to past experience.
- Conduct complex cost audits.
- Provide cost-related data in support of business decisions or for use in financial reporting and seek continuous improvement in the analysis of costs across the assigned area.
- Possess in-depth knowledge in cost accounting and demonstrate high-level skills with extensive proficiency.
- Lead project work and/or processes.
- Function as a resource for colleagues with less experience.
Our top client has a Full time DIRECT HIRE opportunity for a Senior Cost Accountant in their downtown Dallas, TX location.
In this role you will:
JOB DUTIES AND RESPONSIBILITIES
- Capture and classify cost data to determine the cost associated with products/product lines, projects, or departments
- Analyze actual costs to historical or projected costs and report on variances
- Prepare, analyze, and track monthly inventory reserves, material savings, inventory forecast, and standard margin variances
- Monitor purchase price variances and provide monthly analysis of production variances
- Gather system reports and information from appropriate groups needed to complete governmental reporting and/or other reports (e.g., Market Administrator)
- Prepare timely and accurate monthly standard costs and perform monthly cost rolls for finished products manufactured and purchased along with cost change analysis
- Provide accounts payable cost verifications; conduct and analyze audits of costs and prepare reports
- Prepare cost studies for existing and new items
- Prepare monthly KPI metrics report Prepare estimates of new or proposed product costs
- Function as a primary resource for site controllers and other accountants related to cost accounting
- Lead the activities or coordinate efforts required for external and internal audits
- Recommend and implement cost accounting methods and procedures
- Seek continuous improvement in all areas related to cost accounting and financial reporting as assigned
- May instruct or assign work to accounting support employees engaged in cost or general accounting activities
EDUCATION AND EXPERIENCE
- Undergraduate degree in accounting, finance, or related curriculum (or equivalent combination of education and experience) 5 to 8 years’ experience in accounting, cost accounting, or finance
- Manufacturing experience preferred
- Certification and/or License – CPA preferred
KNOWLEDGE, SKILLS, AND ABILITIES
- In-depth knowledge of cost accounting methods
- Able to apply generally accepted accounting principles and use and knowledge of accounting, manufacturing and spreadsheet software (SAP or equivalent ERP software)
- Able to apply financial acumen skills: strong understanding of the financial framework of the company and financial processes and metrics used to improve the efficiency and effectiveness of the company
- Able to provide accurate, thorough and timely analyses
- Able to apply a strong attention to detail
- Able to work collaboratively with all departments, management levels within the company, and external stakeholders
- Able to work independently on projects; able to take ownership for assigned work and see through to completion
- Able to multi-task and problem solve
Hours:
- On-site - 5 days a week
- 8-5pm - 40 hours a week, rarely over 40 hours - last week of the month during close if any