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Job Brief:
The cost accountant will be responsible for planning studying and collecting data to determine costs of business activity such as raw material purchases inventory labor and overhead. Will also be responsible for managing and coordinating the activities of all the staff members engaged in inventory control and inventory record accuracy.
Responsibilities:
Essential Responsibilities and Duties:
Coordinate physical inventory counts and cycle counts
Investigate cycle counting variances inventory adjustments and resolve issues
Master data management including maintaining inventory Item Master Item Location Bill of Materials and Bulk Conversion Table database inner/master pack UPCs quantities dimensions weights
Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
Analyzing changes in product design raw materials manufacturing methods or services provided to determine effects on cost
Review standard and actual costs for inaccuracies
Update standard costs in the bill of materials
Make estimates of new and proposed product costs and margins.
Assist in updating the reserve for obsolete inventory as needed
Work with the materials review board to identify and dispose of obsolete inventory
Perform other related duties as assigned
Skills Required:
Knowledge Skills and Abilities:
Must have a strong cost systems background and excellent analytical skills; sound understanding of accounting principles
Computer literate advanced Excel skills and experience manipulating large databases
Experience working with engineering and manufacturing personnel on development and analysis of cost standards
Ability to effectively manage a variety of tasks
Strong problem solver stays calm under pressure
Selfdirected team player ability to work independently
Strong attention to detail and accuracy
Full Time