Cost Accounting Manager

Company: NCW
Location: Denver
Posted on: May 16, 2022

Job Description:

Job Description COST ACCOUNTING MANAGER Overview The Cost Accounting Manager will be responsible for the cost accounting function for the enterprise, including product and project costing, developing labor and burden rates, inventory valuation, developing bills of material and routings, margin analysis and tracing costs back to underlying activities. The Cost Accounting Manager will supervise one Sr. Cost Accountant, one Staff Accountant, report to the Corporate Controller, work closely with the CFO, and partner with various team members throughout the organization. The ideal candidate has prior experience utilizing costing processes within a large ERP system, has advanced MS Excel skills, and experience developing and leading a cost accounting team, preferably within a medical product or similar manufacturing organization. Essential Duties and Responsibilities: Establish cost accounting policies and procedures to arrive at accurate standards for inventory valuation and identify improvement opportunities. Develop and maintain bills of material and assign labor and overhead cost to finished product. Work with Manufacturing Engineers in the development of Labor routings. Monthly close responsibilities that include approval of journal entries, review of the financials, and adherence to closing requirements. Analyze trends in cost variances, production volumes, and material usage and implement timely adjustments. Troubleshoot and research unexplained inventory transactions. Investigate cycle count variances and work with the inventory management team to resolve issues. Focus on improvement including all facets of cost accounting, inventory control, variance analysis, gross margin analysis, forecasting & system improvement. Initiate process improvement projects to update transactional, financial, and reporting processes. Collaborate with other department managers in reporting and reviewing various trends and key performance indicators. Develop cost estimates for potential new products in conjunction with Finance, Operations, and Engineering. Lead the annual inventory audit. Generate and distribute weekly/monthly/quarterly spend, inventory, and production reports as needed. Participate in annual operating plan preparation and strategic plan preparation as required, primarily in the development of manufacturing costs and the calculation of standard margin and gross profit. Provide support with internal and external audit requests. Lead and direct the annual update of standard costs within a large ERP system. Supervise, develop, and mentor team members. May perform other related duties and responsibilities as assigned. Requirements : Bachelor's degree in accounting or equivalent combination of relevant education and experience. Preferred Experience: 5- 7 years--- experience in cost accounting within a manufacturing environment. 3 years of supervisory experience. 2 years working directly with Executive Management. 1 years--- experience working within an ERP system Proficiency in Microsoft applications, specifically Excel, Word, and Outlook. Advanced Excel skills. Strong skills in variance analysis, attention to detail, organizational skills and ability to prioritize, ability to assess problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem. Ability to develop and mentor the people reporting to you. Strong analytical & independent problem-solving skills to evaluate financial results. Strong knowledge of GAAP, especially with respect to Cost of Goods and Inventory Valuation. Excellent interpersonal, verbal & written communication skills & the ability to explain complex information to others. Company Description NCW is a professional & personable staffing recruiting partner that has been in the talent business for over 20 years. We know what good talent is, and we know what employers are looking for If you want to feel like you---re on a team and not just another number or transaction, you should apply through NCW. We prioritize people, not money (unless it---s going in your wallet) and do our best to make the hiring process as smooth as possible for everyone. Our motivation is to find a perfect fit for YOU Leave the hunting to us. NCW is an Equal Opportunity Employer. Diversity and inclusion are a vital part of our culture and drive NCW---s growth. NCW Is an employer and business partner dedicated to elevating the quality of life of our employees, clients, and communities. You belong here.

Keywords: NCW, Denver , Cost Accounting Manager, Accounting, Auditing , Denver, Colorado