Career Center

Sr Cost Accountant

Location: Dallas, TX
Posted On: 12/16/2024
Requirement Code: 71256
Requirement Detail

    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:

  • 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.

 

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