Cost Accountant
Wichita Falls, TX - USA
Job Summary
This position is based onsite 5 days a week out of our Wichita Falls Texas plant.
Essential Duties and Responsibilities
- Responsible for maintenance of standard cost system. Includes establishing new part costs through the ERN process and the follow-up and maintenance of existing part cost.
- Responsible for issuing credit memos to customers for returned material on RGAs and miscellaneous debits and credits. Updates the RGA database with necessary information as it relates to the CPR.
- Analyze manufacturing variances (material usage labor efficiency overhead absorption) and provide actionable insights.
- Responsible for the month-end sales and cost of sales journal entries.
- Perform monthly WIP reviews to ensure accurate tracking valuation and reconciliation of production costs
- Manages the fixed asset register Construction-in-Progress (CIP) activity processes capital asset requests and ensures compliance with accounting standards internal controls and organizational policies
- Reviews daily manufacturing and material transactions and populates daily KPI reports.
- Analyze manufacturing variances (material usage labor efficiency overhead absorption) and provide actionable insights.
- Assists with Accounts Payable issues when necessary
- Assists with Month-End closing as necessary
Critical Competencies
To perform this job successfully an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge skills and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Proficient with Excel
- Experience with ERP systems; SAP knowledge a plus
- Able to communicate effectively both verbally and written with all levels of employees within the facility and outside contacts.
- Ability to work under pressure in a detailed and organized manner.
Education and Experience Requirements
- Bachelors degree required preferably in accounting finance or a related field.
- Strong understanding of GAAP and cost accounting principles
- Three to five years experience with accounting and manufacturing systems preferred
Physical Demand and Work Environment:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job the employee is regularly required to sit use hands to finger handle feel and reach with hands and arms. The employee frequently is required to talk and hear. The employee is occasionally required to stand and walk also must occasionally lift and or move up to 10 pounds. Specific vision ability required by this job is related to the use of computers including close vision peripheral vision and ability to adjust focus. Overnight travel less than 10%.
The work environment is mostly in an office setting occasionally maybe in a production setting.
General:
This job description indicates the general nature and level of work expected of the employees. It is not designed to cover or contain a comprehensive listing of activities duties or responsibilities required. The employee may be asked to perform other duties as required.
Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.
Benefits
- Medical Dental Vision and Prescription Drug Coverage
- Spending accounts (HSA Health Care FSA and Dependent Care FSA)
- Paid Time Off and Holidays
- 401k Retirement Plan with Matching Employer Contributions
- Life and Accidental Death & Dismemberment (AD&D) Insurance
- Paid Leaves
- Tuition Assistance
About Regal Rexnord
Regal Rexnord is a publicly held global industrial manufacturer with 30000 associates around the world who help create a better tomorrow by providing sustainable solutions that power transmit and control motion. The Companys electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Companys automation offering comprised of controls actuators drives and precision motors controls motion in applications ranging from factory automation to precision control in surgical tools.
The Companys end markets benefit from meaningful secular demand tailwinds and include factory automation food & beverage aerospace medical data center warehouse alternative energy residential and commercial buildings general industrial construction metals and mining and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions Power Efficiency Solutions and Automation & Motion Control. Regal Rexnord has offices and manufacturing sales and service facilities worldwide. For more information including a copy of our Sustainability Report visit .
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex/gender sexual orientation gender identity pregnancy age ancestry national origin genetic information marital status citizenship status (unless required by the applicable law or government contract) disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds perspectives and skills. If youd like to view a copy of the companys affirmative action plan for protected veterans/individuals with disabilities or policy statement please email you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application please e-mail
About Company
Regal Beloit and Rexnord Corporation merged in 2001 to create Regal Rexnord. Find out more about the brands that make up our power transmission portfolio.