Cost Accountant

Cost AccountantOur Cost Accountant will be responsible for general ledger journal entries, month-end close procedures and analyzing balances in accounts for appropriateness.Job ResponsibilitiesMaintain and update accurate financial records, including general ledger accounts, balance sheets, and income statements. Prepare monthly, quarterly, and annual financial reports for internal management and external stakeholders. Assist with accounts payable and accounts receivable processes, including invoice processing, billing, and collections. Reconcile bank statements, accounts payable and receivable, and other financial accounts to ensure accuracy and completeness. Assist in the preparation of annual budgets, financial forecasts, and variance analysis. Ensure compliance with relevant accounting standards, tax laws, and regulations. Meet all scheduled monthly financial reporting and tax deadlines and provide accurate and timely analysis and research as needed.Additional Responsibilities & QualificationsEstablish standard costs: Maintain and update standard costs for raw materials, direct labor, and manufacturing overhead.Value inventory: Perform monthly inventory reconciliations, including raw materials, work-in-progress (WIP), and finished goods.Evaluate product margins: Analyze product-by-product profitability to identify low-margin goods and cost-saving opportunities.Ensure timely processing of goods receipts: Partner with the maintenance and operations team to ensure goods receipts are done promptly and are accurate.Prepare journal entries: Execute month-end close activities related to cost accounting, inventory, freight, and cost of goods sold (COGS).Generate cost reports: Create weekly and monthly operational dashboards for plant management and corporate executives.Explain cost drivers: Present clear commentary on fluctuations in manufacturing costs and operational performance. Collaborate with other departments and stakeholders to gather information, resolve issues, and communicate financial information effectively. Utilize accounting software and financial management tools to streamline processes and improve efficiency.Process miscellaneous billings, customer credits, and work with customer price pages.Work Experience3-5 years of related job experience. Ability to manage multiple projects, work under pressure, and adapt to sudden changes in the work environment. Basic experience of simple office/operational systems. Experience of interpreting strategy and policy in order to set and deliver objectives. Proficient with Microsoft Office Suite. Strong customer service skills (friendly, courteous and helpful).EducationBachelor's Degree PreferredWhat We OfferEngaging and inclusive culture with employee-led Employee Resource Groups, Veritiv Cultural Alliance, recognition platform, etc.Extensive training opportunities, professional development programs, career pathing, and mentorship opportunities.Collaborative atmosphere with our customers and suppliers to create healthier, safer and more sustainable communities through our responsible operations and innovative solutions.Healthcare benefits (including medical, dental, vision, and health savings account), life, AD&D, and disability insurance, 401k, paid time off, tuition reimbursement, employee assistance program, and other fringe benefits.About VeritivTogether with its subsidiaries, Veritiv is the leading full-service provider of packaging solutions. Veritiv also provides JanSan, hygiene, print and publishing products and services. Veritiv serves customers in a wide range of industries, through team members around the world helping shape the success of its customers.