Cost Accounting Analyst OOJ - 32620
$85k - $95kHatch Global Search
Cost Accounting Analyst
A Cost Accounting Analyst is responsible for analyzing a company's operational costs by collecting, evaluating, and reporting financial data to identify areas for cost reduction, improve efficiency, and inform strategic decision-making, typically focusing on tasks like calculating product costs, monitoring inventory levels, analyzing variances between standard and actual costs, and preparing detailed financial reports for management.
We are seeking a detail-oriented Cost Accounting Analyst to support inventory pegging and distribution processes. This role will be responsible for analyzing cost movements, performing reconciliations, improving inventory reporting, and collaborating with cross-functional teams. The ideal candidate will have strong analytical skills, experience in cost accounting, and a solid understanding of SAP in a manufacturing or logistics environment.
Key Responsibilities:
- Address costing-related inquiries from internal teams and auditors, analyzing pegging and cost fluctuations.
- Prepare journal entries, conduct general ledger account analysis, and reconcile inventory records.
- Enhance inventory reporting by analyzing material costs, labor, and overhead recalculations.
- Consolidate, analyze, and report inventory balances by product line, including monthly variance analysis and quarterly balance sheet classifications (RM, WIP & FG).
- Maintain strong internal controls, update documentation, and support internal and external audits.
- Identify opportunities to streamline accounting processes and engage in cross-training initiatives.
- Assist in project management activities and perform ad hoc financial analysis as needed.
- Collaborate closely with Procurement and Operations to ensure accurate inventory costing and reporting.
Qualifications:
Basic Requirements:
- Bachelor's degree in Accounting or Finance with a minimum of 4 years of relevant experience, OR
- Graduate degree with at least 2 years of relevant experience, OR
- In lieu of a degree, a minimum of 8 years of related experience.
Preferred Qualifications:
- Experience in cost accounting within an operations or manufacturing environment.
- Strong SAP expertise, particularly in pegging and distribution within complex manufacturing or logistics settings.
- Ability to work in a fast-paced, collaborative team environment.
- Strong prioritization skills with the ability to delegate tasks effectively.
- Adaptability to shifting priorities and deadlines.
- Excellent verbal and written communication skills.
- Strong interpersonal skills with a customer-service mindset.
- Exceptional organizational skills and attention to detail.
- Effective time management with a proven ability to meet deadlines.
Additional Information:
- Visa Sponsorship: Not available
- Compensation: $85,000 - $95,000 (Base Salary)
- Employment Type: Full-time
- Benefits: Comprehensive benefits package
- Relocation Assistance: Possible for the right candidate
- Bonus & Overtime: Not applicable
- Travel: Occasional
If you are an analytical and detail-driven professional with a passion for cost accounting in a dynamic environment.
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