Cost Accountant

Location: Fenton, MO
Job Type: Direct Hire
Salary: $60,000.00 - $75,000.00
Degree: Bachelor;
Date: 2/28/2018
Job ID: 02574206
Job Description
Purpose:  The Cost Accountant will apply principles of cost accounting in order to conduct studies which provide detailed cost information not supplied by general accounting systems.  Position will analyze cost data, financial information, inventory and perform account reconciliations. This position reports to the Plant Controller.         
  • Bachelor’s degree in accounting or finance required with 3+ years of experience preferred
  • Ability to interpret instructions in written, oral, diagram, or schedule form
  • Ability to analyze data; record results; analyze changes in product design, raw materials, manufacturing methods, or services provided to determine effect on costs
  • Excellent verbal and written communication skills and have a high level of integrity
  • Good analytical, probability, statistical, and general organization skills
  • Ability to solve practical problems and deal with a variety of concrete variables in situations where limited standardization may exist 
Roles and Responsibilities:  
  • Review standard and actual costs; analyze variances
  • Monitor raw material usage through inventory counts; maintain integrity of the inventory system and its standardization and perform reconciliations
  • Review purchase orders and work across departments to determine purchase price variance and its impact on actual vs. standard costs
  • Verify correct pricing on invoicing to customers
  • Analyze daily production orders, review paperwork for accuracy of raw materials consumption, process costs incurred and finished goods produced
  • Analyze audits of costs and prepare reports to management specifying and comparing factors affecting prices and profitability of products
  • Coordinate the proper reporting of machine hours per order with production
  • Compile cost information to be used in operating budget preparation
  • Make estimates of new and proposed product costs
  • Review supplies inventory
  • Monitor BOM to ensure standard cost accuracy
  • Recommend cost efficiencies in new product layouts
  • Develop, install, and maintain cost accounting system at plant level
  • Assist with monthly close, forecasting, budgeting and generate daily, weekly and monthly cost reports based upon key metrics
  • Assist in the development of basic skill sets of other team members in areas which impact cost accounting (receiving, purchasing, production)