Cost Accountant

Cost Accountant

AriZona Beverages, founded in Brooklyn, NY in 1992, is proud to be a family owned and operated American company. AriZona's mission is to offer top quality beverages in uniquely designed packages that are accessible and affordable. AriZona Beverages – makers of the number one ready-to-drink Iced Tea in America – holds a unique position in the global beverage industry with its iconic $0.99 big can and "keeping it real" no frills approach to the consumer market.

Summary/Objective

The Cost Accountant position is accountable for the ongoing analysis of process constraints, target costing projects, margin analysis, and tracing costs back to underlying activities. The cost accountant must also construct and monitor those cost-effective data accumulation systems needed to provide an appropriate level of costing information to management.

Essential Functions

• Perform month-end close activities related to cost accounting.
• Prepare actual vs. plan (budget) analysis. Prepare various financial analysis related to manufacturing costs, inventory and expense information for various customers as needed for decision making support.
• Set up new raw material, packaging; maintain periodic cost rolls/updates.
• Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs. Analyzes actual production costs and prepares periodic reports comparing standard costs to actual production costs.
• Records cost information for use in controlling expenditures.
• Prepares estimates of new and proposed product or service costs.
• Recommends cost efficiencies in new product layouts.
• Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Develop and maintain standard costs of finished goods and production components in SAP.
• Maintain and improve processes and controls associated with manufacturing costs and inventory valuation.
• Lead and manage the quarterly excess and obsolete inventory review process.
• Ensure validity and accuracy of SAP through analysis, internal audit and coordination with inventory control, production and work order processing.
• Assist in developing and documenting policies and procedures, including system requirements and internal controls.
• Other duties may be assigned, as needed or required.

Qualifications & Skills

• BA in Accounting or Finance
• Food industry experience a plus
• Hands on SAP experience preferred
• 5+ years' experience in Accounting, Cost Accounting preferred
• 3+ years operational experience, especially with inventory
• Excellent analytical skills with a strong focus on accuracy and attention to detail
• Excellent communication and interpersonal skills
• Strong organizational and analytical skills
• Strong grasp of GAAP accounting and general accounting concepts
• Extremely strong Excel skills, especially advanced modeling and analytical techniques
• Willingness to establish and maintain effective working relationships

Work Environment

Office Environment

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job.

While performing the duties of this job, the employee is regularly required to sit, stand, and walk.

Other Duties

Please note this Job Description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.