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Senior Cost Accountant
Senior Cost AccountantVirginia Staffing • Hampton, VA, US
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Senior Cost Accountant

Senior Cost Accountant

Virginia Staffing • Hampton, VA, US
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Senior Cost Accountant

This position is responsible for supporting the VP of Accounting over the cost accounting function at our Hampton manufacturing facilities. Primary responsibilities include maintenance of the cost accounting system, focusing on inventory, manufacturing and operational costs to support decision-making, profitability analysis and strategic planning. Essential Job Functions :

  • Develop and maintain cost accounting system that ensures accurate costing.
  • Update standard costs (labor) and ensure accuracy in the Bill of Materials (BOM's).
  • Lead the cost accounting close process, including recurring journals, balance sheet reconciliation (inventory and net working capital balances), P&L variance analysis, and closing of costing module.
  • Review and analyze inventory valuations, conduct periodic inventory counts (or cycle counts), and work with operations teams to improve manufacturing process and product costs.
  • Prepare and present timely and accurate cost reports, including gross margin analysis.
  • Prepare other adhoc reporting and work on special projects as required.
  • Assist in financial forecasting and budgeting activities for the manufacturing locations.
  • Cost accounting business process owner for the Oracle ERP implementation.

Required Qualifications :

  • 3 - 5 years of experience in manufacturing cost accounting is preferred.
  • Solid understanding of manufacturing operations, inventory and cost accounting.
  • Adherence to internal control processes.
  • Must be able to analyze data, draw conclusion, interpret results and make recommendations.
  • Strong communication skills.
  • Must be a team player who also works independently.
  • Undergraduate degree in accounting required.
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