Cost Accountant

Deringer Ney • Bloomfield, CT

9h

About The Position

As part of the Accounting Department, the Cost Accountant is a supporting resource managing Product Costing, Work Order Closure Gains/Losses, Metal Management programs including refining relationships, metal locks and metal inventory accuracy for all locations.

Requirements

• Ability to navigate Job Costing/Inventory Control System.
• Strong Excel skills are crucial.
• Good written and oral communication skills with management and personnel are necessary.
• Be neat and detail oriented.
• An affinity for numbers is vital.
• Bachelor’s degree with a concentration in Accounting is required.
• Demonstrated knowledge of inventory control.
• Demonstrated management of inventory movement controls and costing.
• 2-3 years of experience in a manufacturing environment.

Responsibilities

• Participate in the annual cost roll by reviewing material costs and calculating direct labor and overhead rates.
• Prepare periodic job order variances reporting and assist with variance review.
• Reconcile copper ledger scrap reporting to physical scrap.
• Assist with monthly metals reconciliation to the ledger and bank balances.
• Assist with annual physical inventory count as needed.
• Calculate and report on cycle count accuracy and perform quarterly cycle count audits.
• Assist in review of Metal gains and losses.
• Prepare quarterly Excess and Obsolete inventory reports and coordinate scrap of obsolete items.
• Update item Master in M2M system as necessary.
• Roll standard cost for individual items as needed.
• Prepare various inventory turn reporting (Metal turns, inventory turns) and labor reporting.
• Investigate labor reporting errors; reconcile the Screw Machine Department scrap.
• Perform various inventory transactions in the M2M system.
• Monitor tooling job orders.
• Perform timely and accurate month-end close activities including journal entries and reconciliations.
• Provide support for an annual financial audit.
• Participate in preparation of quarterly forecasts and annual budget.
• Assist in validation of budgeted headcount to production hours during annual budget process.
• Support the Cost Accounting Manager in review of margins and product costing.
• Other duties as assigned or required.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level