Senior Cost Accountant

We are looking for a detail-oriented senior accountant to perform and coordinate accounting duties within our organization. The senior accountant's responsibilities include preparing financial reports, performing account reconciliations, maintaining the general ledger, assisting the tax accountant with tax returns, assisting with audit preparations, and performing other accounting duties as assigned.

Responsibilities:

• Prepare balance sheet reconciliations, month-end work papers, and other month-end duties as assigned.
• Analyze Profit Margins and Manufacturing Costs
• Contribute to the development of new or amended accounting systems, programs and procedures
• Analyze and report monthly gross margin analysis by customer, part number and production jobs
• Analysis of PPV and Cost Variance
• Study and collect data to determine costs of business activities such as raw material purchases, inventory and labor
...

The Senior Cost Accountant is primarily responsible for standard costing, budgeting, cost variance analysis and business process improvements. As an employee of IWT the Senior Cost Accountant will participate in a dynamic environment with great opportunity to lead the enhancement of the standard costing system and experience future growth potential.

CORE RESPONSIBILITIES:

• Analyse manufacturing costs and prepare regular reports comparing standard costs to actuals.
• Manage, maintain, and enhance the cost accounting system.
• Collect and analyse data to determine costs of business activities such as raw materials, labour, and other standard related expenses.
• Participate/lead in physical inventories and report on results to the executive group.
• Assist in month-end closing by preparing journal entries related to various product lines and/or standard costs.
• Collaborate with operations...

Job Summary of the Senior Cost Accounting Analyst: The Senior Cost Accounting Analyst willoversee plant inventory while assisting corporate accounting operations, inventory accuracy, analyzing standard costs, and executing internal controls and compliance. 

Qualifications of the Senior Cost Accounting Analyst: 

·         Perform inventory valuations and inventory reserve calculations

·         Work with Operations and Purchasing to set standard costs

·         Calculation of resin related rebates, credits, and provide related monthly usage analysis

·         Execute cost-volume-profit (CVP) analysis

·         Perform inventory and related account...

Job Summary of the Senior Cost Accounting Analyst: The Senior Cost Accounting Analyst willoversee plant inventory while assisting corporate accounting operations, inventory accuracy, analyzing standard costs, and executing internal controls and compliance. 

Qualifications of the Senior Cost Accounting Analyst: 

·         Perform inventory valuations and inventory reserve calculations

·         Work with Operations and Purchasing to set standard costs

·         Calculation of resin related rebates, credits, and provide related monthly usage analysis

·         Execute cost-volume-profit (CVP) analysis

·         Perform inventory and related account...

Job Summary of the Senior Cost Accounting Analyst: The Senior Cost Accounting Analyst willoversee plant inventory while assisting corporate accounting operations, inventory accuracy, analyzing standard costs and executing internal controls and compliance.

·         Perform inventory valuations and inventory reserve calculations

·         Work with Operations and Purchasing to set standard costs

·         Calculation of resin related rebates, credits, and provide related monthly usage analysis

·         Execute cost-volume-profit (CVP) analysis

·         Perform inventory and related account reconciliations

·         Recommending changes around processes and...

Essential Duties & Responsibilities:

• Analyze actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs
• Responsible for the monthly reconciliation of inventory and provides meaningful analysis behind variances between perpetual inventory and general ledger
• Plan and collect data to determine costs of business components, such as raw material purchases, labor, and overhead. Recommend methods to improve use, collection, tracking and analysis of data.
• Manages preparation and execution of quarterly/annual standard cost update
• Review and analyze PPV. Responsible for making decisions on whether or not standards should be updated.
• Establish and monitor overhead rates. Provide insight and analysis as to how rates are trending compared to historical/budgeted/forecasted rates.
• Oversees and audits cycle count activity, selection of items to be counted, recount...