Cost Accountant Luxfer Magtech
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Job Location:
Saxonburg, PA - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Cost Accountant
Location: Saxonburg PA
Luxfer Powders is a global leader in the development manufacturing and supply of Magnesium and Zirconium based products and services to technology industries worldwide. The Magnesium Powders (Powders) business stream of LMT based in the US manufactures a range of magnesium powders and other ground materials for end-use in both military and commercial applications. It is a forward-thinking business with approximately 70 employees across three sites in the US and we have a rewarding career opportunity for a Cost / Management Accountant to join our Finance Team in a newly created role.Location: Saxonburg PA
Benefits:
- 10 paid Holidays
- Medical Vision Dental *Start on the 1st day of the following month after being hired
- 401k with Company Match
- Tuition reimbursement
- Disability and Life Insurance
- Career Advancement Opportunities
Summary:
Reporting to the Powders Financial Controller as the Cost Accountant youll play an integral role in period end reporting and ensure all inventory related provisions are posted in an accurate and timely manner. Youll monitor review and update standard costs in the current inventory models and accounting system while liaising with the production managers on improving and streamlining manufacturing processes to evaluate costs.
Your duties will include although not be limited to:
- Maintenance and updating of standard costs direct labor rates overhead rates and other
- Completing cost roll-ups for new inventory codes
- Providing cost support for quoting commercial scenarios cost saving initiatives
- Providing analytical support for capital and other projects
- Implementing & building out a production/operations analytics capability
- Working with Operations and Finance to maintain inventory provisions (obsolescence NRV unrealized profit in inventory other)
- Working with Operations and Finance on inventory controls tracking movements valuation and analytics
- Transfer pricing analysis and variance analysis
- Supporting key projects
- Quarterly Reporting
- Yearly Reporting
- GL Review and account reconciliation
- Coordination of Annual Internal Audit
- Journal Entries as assigned
- Act as a backup to fill Staff accountant duties as needed
Our Requirements Cost Accountant
- Proven experience as a Cost Accountant within the manufacturing industry and/or production control commercial analytics FP&A
- Bachelors degree required
- At least 5 years of experience preferred
- Knowledge of BOMs and routings transfer pricing calculations Unrealized Profit in Inventory Provision calculations inventory provisions and adjustments and year-end audit requirements
- IT literate with intermediate to advanced knowledge of Microsoft Excel and a high intellectual curiosity about business process automation advanced modelling possibilities with technology
- Experience of using ERP systems to manage inventory. Experience of having undergone the implementation of a new ERP system would be desirable.
- High level of attention to detail
We are an innovative technology driven business where Customer FirstIntegrity Accountability Innovation Personal Development and Teamwork are our core values. At Luxfer we are passionate about what we do; the productswe develop and manufacture and our long-termpartnership with our customers.
We are committed to a safe drug-free work environment and pre-employment drug screening and background checks are required prior to starting.Candidates must be authorized to work it the U.S.
Luxfer MEL Technologies is an Equal Employment Opportunity (EEO) employer and does not discriminate on the basis of race color national origin religion gender age veteran status political affiliation sexual orientation marital status or disability (in compliance with the Americans with Disabilities Act) with respect to employment opportunities. Women minorities and veterans are encouraged to apply.
This position requires access to our export-controlled commodities technical data technology and services. These items are restricted under the International Traffic in Arms Regulations (ITAR) to U.S. Citizens Lawful Permanent Residents of the U.S. and properly licensed foreign persons. Therefore employment is contingent on compliance with ITAR regulations and successfully obtaining and maintaining the necessary export authorization license from the U.S. Department of Commerces Bureau of Industry and Security U.S. Department of State Office of Défense Trade Controls or other applicable government must be authorized to work in the US.
Required Experience:
Senior IC
About Company
Suppliers of magnesium powders, emergency food, flameless heating, chemical detection and decontamination kits for military and commercial application.
