Cost Accountant

Job Description

Job Description

Description:

Cost Accountant- Oklahoma City, OK

Ready to power your career with a leader in the electrical services industry?

Apply now to join our team.

Southwest Electric Co. a division of SGB-SMIT Group, is a global transformer manufacturer with European roots, supporting the energy transition with reliable solutions for wind and solar power, industry and urban energy infrastructure.

• Analyze job costs, inventory balances, and expense accounts for accuracy and completeness to validate overall plant profitability.
• Investigate cost variances and financial discrepancies, perform root cause analysis, and provide recommendations for corrective actions and process improvements.
• Prepare and distribute monthly variance analyses related to material usage, labor, overhead, inventory, and production costs.
• Analyze product, customer, and project profitability and provide recommendations to improve margins and operational efficiency.
• Support management with financial modeling, ad hoc analyses, and special projects.

• Monitor inventory transactions and valuation to ensure compliance with company accounting policies and GAAP
• Analyze inventory reserves, excess and obsolete inventory, and inventory turnover metrics.
• Review Bills of Material (BOMs), routings, and manufacturing data to ensure costing accuracy.
• Evaluate manufacturing processes and cost drivers to support operational decision-making and continuous improvement initiatives.

• Maintain fixed asset records and depreciation schedules, ensuring accuracy and compliance with company policies and accounting standards.
• Prepare journal entries, month-end accruals, and other accounting transactions as necessary to support accurate financial reporting.
• Reconcile general ledger accounts to supporting documentation and investigate reconciling items in a timely manner.
• Assist with month-end and year-end closing activities, ensuring financial results are reported accurately and within established deadlines.
• Support forecasting and budgeting processes for plant operations, including location-specific and intercompany accounts

• Bachelor's degree in accounting, Finance, or related field required.
• 3+ years of accounting, cost accounting, manufacturing accounting, or financial analysis experience preferred.
• Manufacturing industry experience strongly preferred.
• Experience with Epicor Kinetic or similar manufacturing ERP systems preferred.
• Proficiency in Microsoft Excel required

Southwest Electric Co is motivated by our mission to provide a stable and sustainable energy supply for our customers around the world. Our lean decision-making process keeps us closely connected to our employees and the successes of our company. We value personal relationships among colleagues, fostering a collaborative environment for our sustainable growth.

Our benefits:

• Medical, Dental, Vision, and Rx
• 401k with match
• Life insurance
• Long and short-term disability
• Paid holidays
• Paid time off
• Flexible spending account

Apply now to join a legacy company with innovative solutions and a commitment to your success.