Job Description Position Summary: - The Cost Accountant monitors day to day inventory transactions to ensure manufactured inventory is properly reported in the financial statements as well as perform in
depth analysis on a plant level for inventory and COGS.
-This position interacts with counterparts within the USA.
-The duties are diversified and involve an advanced knowledge of Cost Accounting principles as well as the proper use of judgment in determining appropriate course of action.
-The incumbent prepares inventory related reports to complete the month end close process.
-The Cost Accountant works under minimal supervision, in accordance with established procedures and directly supports the Manager, Cost Accounting.
Duties and Responsibilities: 1. Monitor day to day reporting of plant transactions:
- Review transactions related to creation of products (i.e. receipts, scrap, transfers, production batches, cost variances, obsolescence and cost of sales) to ensure sub
ledger accuracy.
- Maintain subledger account set up to ensure transactions are posted timely and accurately.
- Work closely with Plant Controllers to analyze obsolescence by creating reports and attending monthly meetings discussing plant activities.
2. Responsible for the following activities during month end close process:
- Create and maintain schedules for at risk inventory and obsolescence inventory at the plant level on a monthly basis.
- Responsible for importing specific plant cost subledgers and inventory reconciliation to GL. Also reconcile other related balance sheet accounts for specific plants.
- Perform allocations based on finished good receipts monthly for mass cost changes as well as LOH apportionment review.
- Review and reconcile inventory at the plant level related to R&D activities as well as Manufacturing activities.
- Monitor inventory at outside mfgr's to ensure transactions are completed accurately and inventory is reconciled.
- Create plant level schedules regarding sku level details of required inventory and COGS information for the Plant Controllers.
- Reconcile on hand and in transit inventory reports to GL monthly.
- Reconcile uninvoiced inventory monthly for all products received in distribution facilities.
- Submit completed reconciliations using online tools monthly.
- Create inventory and COGS flux analysis for specific plants monthly.
3. Build and analyze standards in multiple ERP systems. Build cost comparison reports and explain YOY changes.
4. Maintain good relationship with stakeholders to ensure reports are shared timely and there is collaboration across countries and departments to solve issues
quickly and accurately.
5. Other duties as assigned or as business needs require.
6. Follows Safety, Health, and Environmental policies and procedures.
Category:IT code:new
Area Code
19454
Job Requirements Education Skills : MS Access (2007 or higher), SOX, Management, Oracle (11.5.10 or greater), er, MS Excel (2007 or higher), Purchasing, ERP, SAP/ JDE, Procurement
Keywords:Cost Accountant in North Wales;Financial Accountant in North Wales;Accountant in North Wales;Senior Accountant in North Wales;Accountant in PA;Accountant in USA.
Preferred Skills:
