Cost Accountant

Cost Accountant

BI is one of the leading technology companies in Boulder, Colorado and the largest provider of innovative electronic monitoring solutions in the United States. We excel at proving technological solutions to over 1,000 agencies nationwide and allowing those agencies to fulfill their missions without worrying about the technical complexities.

Qualifications

Minimum Requirements

• Bachelor's degree in accounting or closely related field, or equivalent combination of education and progressively responsible experience required.
• At least three years of accounting experience.
• At least one year of cost accounting in a manufacturing environment.
• Effective communication skills and good interpersonal skills.
• Demonstrates initiative and is able to work with little supervision.
• Analytical and problem-solving abilities.
• Knowledge of Generally Accepted Accounting Practices.
• Solid understanding of standard cost structures.
• Proficient user of Microsoft Excel.
• Knowledge of integrated accounting systems.
• Ability to work with computers and the necessary software typically used by the department.

Responsibilities

Summary

The Cost Accountant is responsible for accurate and timely processing and analysis of manufacturing cost. Also responsible for general ledger accounting, including journal entries, month-end close process, financial reporting, account analysis and reconciliation.

Primary Duties and Responsibilities:

• The Cost Accountant processes cost transactions, analyzes and adjusts direct sales cost of goods sold, reports on activity to management.
• Analyzes excess/slow moving, obsolescence, and warranty reserves; makes journal entries based on analysis.
• Records monthly period cost entries and manufacturing variances; prepares analysis reports as needed.
• The Cost Accountant reviews, analyzes, and ensures adequate controls of inventory balances; audits the cycle count process for inventory.
• Posts direct labor hours.
• Establishes and reviews standard costs.
• Performs manufacturing and month-end close activities, including preparation of journal entries, preparation and distribution of financial information, account analysis and reconciliation.
• Analyze monthly budget vs actual manufacturing variances.
• Assists with the annual fiscal year-end audit and any internal audits as needed.
• Performs other duties as assigned.