Cost Accountant - Opportunity for growth in Parsippany-Troy Hills, NJ at Vaco

Date Posted: 3/19/2021

Job Snapshot

Job Description

Cost Accountants, let Vaco advocate for you and you'll have an advantage over your competition! Our recruiters have direct relationships with hiring managers, so they can connect your work experience to the open job. Let Vaco promote your strengths to the hiring manager while preparing you for that specific interview.

Why You Should Apply to this Cost Accountant Position:

Our client is a well-established Manufacturing firm located in a picturesque country side.

  • The organization has been successfully operating for several decades continues to grow.
  • The have a competitive benefits package and an employee focused company culture.
  • Their accounting team is stacked with bright and talented individuals and there is always opportunities to take on new projects and to learn.
  • A sought-after collaborative team environment.
  • Has a casual work environment with flexibility to work remotely.
  • Dedicated to delivering cost-effective solutions that maximize overall customer success.

Responsibilities of the Cost Accountant Position

  • The Cost Accountant will ensure high quality financial data is available for optimal decision making (product costs, distribution costs, fixed costs incl. allocations, project costs)
  • Execute month end closing steps completely and correctly
  • Perform necessary reconciliations and analyses to ensure data consistency and reliability, thereby providing a solid base for decision making.
  • The Cost Accountant will check product cost estimates (quantities and unit costs) and adjust activity type prices (unit costs of resources) to have correct standard cost in place for all products
  • Provide a thorough analysis of variances (difference between standard costs and actual costs posted on accounts by GL), initiating corrective action
  • Prepare and execute costing run (putting updated product cost estimates in place for next month's profitability reporting)
  • Execution of standardized financial processes and assessing implications of decisions on selective areas of P&L, balance sheet and cash flow of the respective Business Groups and develop improvement proposals.
  • Project participation on improvement projects.
  • The Cost Accountant will monitor and maintain inventory reports.

Experience Preferred for the Cost Accountant Role:

  • BS in Finance or Accounting or equivalent work experience
  • Strong cost accounting and inventory experience (manufacturing industry experience)
  • Advanced Excel skills
  • MS Dynamics system experience a plus