Job Title:Cost Accountant
Reports To:Director, Finance
Location:Texas
Job Title/High-Level Position Summary:The Cost Accountant directs activities of product costing, product manufacturing analysis, and inventory valuation. The position provides recommendations to management in support of the achievement of Company goals. Position reports to the Director of Global Cost.
Key Responsibilities:- Perform month end close activities related to Cost Accounting.
- Prepare various financial analysis related to manufacturing costs, inventory, and expense information as needed for decision making support.
- Review set up new raw material, packaging, WIP (work in progress), and FG (Finished Good) items; Review Production BOMs (BILL OF MATERIAL) and routers; maintain periodic cost rolls/updates
- Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs. Analyzes actual production costs and prepares periodic reports comparing standard costs to actual production costs.
- Records cost information for use in controlling expenditures.
- Prepares estimates of new and proposed product or service costs.
- Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
- Develop and maintain standard costs of finished goods and production components in a worldwide ERP (Enterprise Resource Planning) system.
- Maintain and improve processes and controls associated with manufacturing costs and inventory valuation.
- Ensure validity and accuracy of ERP through analysis, internal audit, and coordination with inventory control, production and work order processing.
- Assist in developing and documenting policies and procedures, including system requirements and internal controls.
- Represent Finance/Accounting on teams designed to improve operations, reduce costs, etc.
Minimum Basic Qualifications:- Bachelor's degree in accounting or Finance - Medical Manufacturing industry experience a plus
- Hands on ERP experience - Netsuite and/or Oracle preferred
- 5+ years of accounting experience; 3+ years cost accounting preferred
- 3+ years of operational experience, especially with inventory
- Excellent analytical skills with a strong focus on accuracy and attention to detail
- Excellent communication skills and high confidence in stating professional opinions
- Level of English: Advanced
- Strong grasp of GAAP accounting and general accounting concepts
- Extremely strong Excel skills, especially advanced financial modeling and analytical techniques
- Demonstrated ability to streamline and automate complex processes
- CMA, CPCA or CCA preferred
We offer a comprehensive benefits package that includes:
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Spending and Savings Accounts
- 401(k) Plan
- Vacation, Sick Leave, and Holidays
- Income Protection Plans
- Discounted Insurance Rates
- Legal Services
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