Cost Accountant

Crane Instrumentation & Sampling PFT•Spartanburg, SC

21h

About The Position

Principle Duties (includes, but is not limited to): Conduct detailed cost analysis to monitor and control company expenses. Prepare cost reports for management, highlighting key insights and recommendations. Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs. Maintain local JD Edwards general ledger and upload data in Crane Co financial consolidation system, HFM. Responsible for Cycle Count tracking, reporting, and validating accuracy. Ensure compliance with Cycle Count requirements to maintain Physical Inventory exemption. Reconcile inventory discrepancies and ensure proper valuation of inventory. Monitor and report on inventory obsolescence and slow-moving items. Identify opportunities for cost reduction and efficiency improvements. Implement and maintain cost control systems and procedures. Work closely with production and purchasing departments to ensure cost-effective operations. Assist with Business Process procedures & risk assessments (Sarbanes-Oxley 404). Assist in audits and ensure accurate financial reporting. Ensure financial systems & procedures are in place to provide adequate internal controls. Prepare monthly financial statements. Perform Financial Analysis and Reconciliation of Intercompany, Balance Sheet and Bank Accounts. Prepare Monthly reports including Cash Flow, Inventory Turns, Capital Spending, Order Backlog, Product Line, Headcount, and other statistical data. Maintain Fixed Asset records, Capital Expenditure Requests and Audits. Assist in development of Budgets and Forecasts. Maintain Travel Card and P-Card program. Prepare Sales & Property Tax reports. Conduct special projects and analysis as requested by management. Provide financial insights for strategic decision-making. Essential Qualifications / Experience: Bachelor’s degree in Accounting; CMA or CPA a plus. 3-5 years of experience in cost accounting, preferably in a manufacturing environment. In-depth knowledge of cost accounting principles, financial regulations, and industry best practices. Ability to work and interact with departments throughout the organization. Excellent Excel, Microsoft Office, HFM and JD Edwards knowledge, preferred. Excellent analytical, problem-solving, and organizational skills. Strong attention to detail and accuracy. Strong communication and interpersonal skills. Crane Co. reserves the right to change or assign other duties to this position. The statements contained herein reflect general details as necessary to describe the principal functions of this job, the level of knowledge and skill typically required and the scope of accountability and responsibility. These descriptions should not be considered to be all-inclusive listings of work requirements. C rane Co. is an Equal Opportunity Employer and does not discriminate on the basis of race, color, creed, religion, sex, national origin, marital status, age, sexual orientation, gender identity characteristics or expression, physical or mental disability, pregnancy, medical condition, genetic information, or U.S. military or veteran status or any other characteristic protected under federal, state, or applicable local law, in recruiting, hiring, training and promoting. About CRANE Instrumentation & Sampling CRANE Instrumentation & Sampling is headquartered in Spartanburg, SC and specializes in small-bore fluid process control products and Sampling systems. Our Instrumentation product lines include HOKE valves (ball, check, needle, metering, and manifolds), GYROLOK compression tube fittings, and GO pressure regulators, which are made in a variety of materials. Our sampling product lines include Texas Sampling Incorporated (TSI) and Dopak Incorporated that design and manufacture grab sampling products and systems. Our markets include petrochemical, refining, chemical, power, oil & gas, alternative fuels and industrial equipment manufacturers. We have a focus on severe and critical service products manufactured with safe and reliable performance as our key objective. CRANE Instrumentation & Sampling (I&S) has over 220 employees and a global sales and distribution network. About CRANE ChemPharma & Energy CRANE ChemPharma & Energy (within Crane's Process Flow Technology segment) designs and manufactures a variety of high performance products including: highly engineered check valves, sleeved plug valves, lined valves, process ball valves, high performance butterfly valves, bellows sealed globe valves, aseptic and industrial diaphragm valves, multi/quarter-turn valves, actuation, sight glasses, lined pipe, fittings and hoses, and air operated diaphragm and peristaltic pumps. Its trusted brands (in alphabetical order) ALOYCO®, CENTER LINE®, COMPAC-NOZ®, CRANE®, DEPA®, DUO-CHEK®, ELRO®, FLOWSEAL®, JENKINS®, KROMBACH®, NOZ-CHEK®, PACIFIC VALVES®, RESISTOFLEX®, REVO®, SAUNDERS®, STOCKHAM®, TRIANGLE®, UNI-CHEK®, VALVES®, WTA®, and XOMOX® offer customers complete and innovative product portfolio designed for the most demanding corrosive, erosive, and high purity applications. Among the industries served are the chemical processing, biotechnology, pharmaceutical, oil & gas, refining, and power generation. About Crane Crane Company is a manufacturer of highly engineered industrial products. Founded in 1855, Crane provides products and solutions to customers in the aerospace, defense and space, chemical and petrochemical, water and wastewater, pharmaceutical, and general industrial end markets. The Company is comprised of two strategic growth platforms, Aerospace & Electronics and Process Flow Technologies, as well as the Engineered Materials segment. Crane has approximately 7,500 employees in the Americas, Europe, the Middle East, Asia and Australia. For more information, visit www.craneco.com . This description has been designed to indicate the general nature and level of work being performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Requirements

Bachelor’s degree in Accounting
3-5 years of experience in cost accounting, preferably in a manufacturing environment.
In-depth knowledge of cost accounting principles, financial regulations, and industry best practices.
Ability to work and interact with departments throughout the organization.
Excellent analytical, problem-solving, and organizational skills.
Strong attention to detail and accuracy.
Strong communication and interpersonal skills.

Nice To Haves

CMA or CPA a plus.
Excellent Excel, Microsoft Office, HFM and JD Edwards knowledge, preferred.

Responsibilities

Conduct detailed cost analysis to monitor and control company expenses.
Prepare cost reports for management, highlighting key insights and recommendations.
Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
Maintain local JD Edwards general ledger and upload data in Crane Co financial consolidation system, HFM.
Responsible for Cycle Count tracking, reporting, and validating accuracy.
Ensure compliance with Cycle Count requirements to maintain Physical Inventory exemption.
Reconcile inventory discrepancies and ensure proper valuation of inventory.
Monitor and report on inventory obsolescence and slow-moving items.
Identify opportunities for cost reduction and efficiency improvements.
Implement and maintain cost control systems and procedures.
Work closely with production and purchasing departments to ensure cost-effective operations.
Assist with Business Process procedures & risk assessments (Sarbanes-Oxley 404).
Assist in audits and ensure accurate financial reporting.
Ensure financial systems & procedures are in place to provide adequate internal controls.
Prepare monthly financial statements.
Perform Financial Analysis and Reconciliation of Intercompany, Balance Sheet and Bank Accounts.
Prepare Monthly reports including Cash Flow, Inventory Turns, Capital Spending, Order Backlog, Product Line, Headcount, and other statistical data.
Maintain Fixed Asset records, Capital Expenditure Requests and Audits.
Assist in development of Budgets and Forecasts.
Maintain Travel Card and P-Card program.
Prepare Sales & Property Tax reports.
Conduct special projects and analysis as requested by management.
Provide financial insights for strategic decision-making.