Senior Cost Accountant

Job Description

Job Description

Senior Accountant

Benefits Offered

401K, Dental, Life, Medical, Vision, Disability

Employment Type

Full-Time

Why Work Here?

“We offer a competitive compensation package and great benefits.”

Summary/Objective

This position is responsible for completing data entry, preparing computations, analyses and reports relating to fiscal management systems within the company. Duties involve a large variety of accounting functions and reports.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

1. Cost Accounting - Check all data on labor and material costs, manufacturing expense items, inventory, work-in-progress and finished goods for accuracy and agreement to standard procedures and sub-ledgers. Investigate and determine cause of cost variations. Assist with physical count of stock and oversee the reporting and adjustment process to ensure that internal controls are followed
2. Financial Analysis, preparing reports and recommendations for management. Analyze past and present financial records to forecast future financial position and budgetary requirements.
3. Prepare and review worksheets for reconciling & closing the general ledger. Post journal entries as needed for reconciling and correcting general ledger accounts along with other month-end closing activities
4. Prepare Financial Reports to include consolidating reports to Headquarters and statistical reports at required intervals.
5. Monitor and evaluate transactions for compliance with prescribed company procedures and sound accounting practices.
6. Participate in Fixed Asset Acquisition Planning, Safeguarding and Management, Depreciation and Disposal.
7. Support VP Finance by preparing data to complete quarterly and annual income tax calculations, annual Transfer Pricing Report, and Annual Budget and rolling forecasts.
8. Review and/or perform Accounts Payable, Receivable and Banking Transactions.
9. Perform credit checks on potential customer(s), evaluate results and create customer account with respective terms. Prepare customer reminders and follow up on collections, if necessary.
10. Vet prospective vendor documentation, verify required information and create vendor account.
11. Compile data for quarterly sales/use tax and prepare returns.

Competencies

1. Ethical Conduct
2. Detail Oriented
3. Independent/Self-starter
4. Financial Aptitude
5. Problem Solving/Analysis
6. Collaboration & Communication Skills

Work Environment

This position primarily operates in a clerical, office setting. The performance of this position will however require exposure to manufacturing areas that require the use of personal protective equipment such as safety glasses and/or protective footwear.

Physical Demands

This is a largely sedentary role, however, this role routinely uses standard office equipment, such as computers, phones, photocopiers, scanners and filing cabinets. This position will require the ability to lift files, open filing cabinets, and walk or stand as necessary. Walking, standing, bending, and lifting in manufacturing areas will also be required as necessary.

Position Type and Expected Hours of Work

This is a full-time position. Standard days and hours of work are Monday through Thursday, 7:30 a.m. to 4:30 p.m. and on Friday, 7:30 a.m. to 1:30 p.m. Additional work time will be required, as deemed necessary by management, but particularly during month, quarter and year-end close.

Travel

Occasional travel may be required.

Required Education and Experience

1. Bachelor’s degree in Accounting
2. Five (5) years manufacturing / cost accounting experience
3. Proficiency with ERP Software, Consolidation Reporting, Microsoft Office; emphasis on Excel
4. Solid grasp of International Financial Reporting Standards and Standard Internal Control Procedures

Preferred Education and Experience

1. Proficiency in Microsoft Navision a plus
2. International Business background and multicultural environment exposure helpful

EEO Statement

Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, or any other characteristic protected by law.

RENK Corporation is a manufacturer and assembler of housed slide bearings and has been at this location since 1982. A wholly owned subsidiary of RENK GmbH Germany, the local team consists of 25+ employees. Headquartered in Augsburg, Germany, the Group operates eleven manufacturing facilities in Germany, the USA, Switzerland, the UK, France and India, as part of a network of 20 manufacturing, technical support and maintenance sites around the world. Our team is growing and has reached around 4,400 members today. Please visit for more details.

Company Description

RENK Corporation is a manufacturer and assembler of housed slide bearings and has been at this location since 1982. A wholly owned subsidiary of RENK GmbH Germany, the local team consists of 25+ employees. Headquartered in Augsburg, Germany, the Group operates eleven manufacturing facilities in Germany, the USA, Switzerland, the UK, France and India, as part of a network of 20 manufacturing, technical support and maintenance sites around the world. Our team is growing and has reached around 4,400 members today. Please visit for more details.