Cost Accountant in Nashville, TN at Vaco

Date Posted: 11/2/2020

Job Snapshot

  • Employee Type:
  • Location:
    Nashville, TN
  • Job Type:
  • Experience:
    At least 2 year(s)
  • Date Posted:
  • Job ID:

Job Description

We are in search of a Cost Accountant located Nashville, TN. This position is responsible for performing the essential and fundamental general Cost Accounting and for overseeing the allocation of corporate and shared services overhead costs to the operating businesses. This employee will update the cost allocation model and oversee the monthly cost allocations for both budget and actual results to the business units.

Responsible for updating and maintaining the cost allocations manual, analysis for lower of costs vs. market, and updating any manuals or guidelines associated with the allocation of corporate and shared services overhead costs.

This position provides strategic advice and guidance to Senior Managers and the Executive Management Team on complex cost allocation issues and challenges and makes recommendations based on detailed data analysis.

General Responsibilities

  • Providing timely and accurate responses for data requests, and supporting analysis, from regulatory commissions, operating business units, and other key stakeholders.
  • Build-out cost allocation models to support the annual budget cycle, regulatory and cost of service models, and annual valuation.
  • Providing detailed budget monthly journal entries and true-up actual entries for reporting purposes.
  • Providing detailed monthly journal entries associated with budget cost allocations to each operating business unit.
  • Providing quarterly, and eventually monthly, true-up calculations associated with actual overhead cost allocations.
  • Updating cost allocation models for the annual budget cycle, regulatory and cost of service models, and annual valuation.
  • Updating the cost allocation model and providing updates to supporting cost allocation manuals, testimony, etc.

Education/Experience Requirements:

  • Bachelors degree in Accounting or Finance, required
  • Minimum of 1 year of cost accounting experience, required
  • Minimum of 2-3 years general accounting experience, required
  • Financial modeling experience preferred, not required
  • Strong attention to detail and accuracy
  • Proficient in Microsoft Office Suite, with advanced Excel skills
  • Excellent verbal and written communication skills required