Process Cost Accountant II

WORK SHIFT:

JOB DESCRIPTION:

The Process Cost Accountant reports to the Operations Controller, overseeing and managing the cost accounting functions, analyzing and evaluating manufacturing costs, performing cost variance analysis, monitoring inventory levels, and ensuring accurate product costing. This position must be able to perform a broad range of accounting activities and be able to analyze large data files in order to make decisions and/or recommendations for manufacturing operations, presentations, and/or reports7 and to apply GAAP principles in general accounting activities as well as perform financial analysis on accounting data. May also be involved in budgeting, forecasting, and providing financial guidance to manufacturing operations. Collaborate with cross-functional teams to optimize processes, improve cost efficiency, and contribute to strategic decision-making.

ESSENTIAL JOB FUNCTIONS

• Plans, collects, and analyzes data such as raw material purchases, labor and overhead to determine costs of business activities
• Analyzes changes in product design, such as raw materials, manufacturing methods or services provided, to determine effects on cost
• Analyzes actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs; identifying drivers of variances
• Works closely with MFG & Operation managers from multiple plants/departments to provide support and guidance as it relates to inventories, costing and financial analysis
• Records cost information for use in controlling expenditures
• Prepares estimates for new and proposed product costs, including special orders
• Provides management with reports specifying and comparing factors affecting prices and profitability of products or services
• Maintains cost accounting system and its integrity in multiple databases, including BOM's and standard costs; updates cost as appropriate
• Generates inventory based on FIFO calculations and determine its financial impact
• Calculates ROI for proposed projects and update actual performance
• Supports the MOS (Management Operating System) through the generation of data and/or through the review of MFG results. Provides financial leadership for the department and makes recommendations to improve profitability
• Embraces working in a fast-pace plant environment, and at the same time independently managing multiple priorities
• Performs month-end close of the General Ledger
• Reconciles inventories
• Conducts physical inventories and monitors cycle count program
• Establishes individual goals and action plans to improve his/her job function and that of the operating department they are assigned
• Complete various journal entries at month end including accruals for subsequent cycle counts, corrections or adjustments to any operational type expense, true-up or true-down inventory, and others as needed.
• Perform account reconciliations on various general ledger accounts such as material usage variance, scrap expense, and other manufacturing expense accounts as needed.
• Train, support and back up other cost accounting team members on essential tasks.
• Participate in process improvement.
• Assist in any accounting system upgrade or improvement
• Maintain reliable and consistent attendance, including being punctual, and dependable in order to meet the needs of the department and the organization.
• Execute each essential duty satisfactorily in order to perform job successfully.
• Follows all safety procedures required in work area, wears PPE as needed, attends all safety meetings, and reports safety issues regarding equipment or unsafe/hazardous conditions.
• Performs effectively as a team member, able to work well with others, open to receive and give feedback, and treats everyone with respect.
• Takes ownership of own work and behavior, accepts accountability for own actions, encourages solutions, and communicates status of work/projects.
• Follow all department quality standards/criteria. Raise concerns and issues to immediate manager.
• Able to understand and demonstrate Cambro company culture, display company core values (Safety, Quality, Respect, and Service).
• Understands department's key performance indicators and contributes to achieve these goals both individually and as a team.
• Other duties as needed or required.

ADDITIONAL RESPONSIBILITIES

• Assist with other functions as needed in the accounting department.
• Must be able to work overtime as needed, remain flexible and open to possible schedule changes in order to meet business needs.

REQUIRED QUALIFICATIONS

The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• BA/BS from an accredited University or College
• Advanced level on Excel spreadsheets and other MS applications
• Experience working with business enterprise packages
• Advanced analytical skills
• Ability to multitask, work under pressure, and meet deadlines
• Ability to work with algebraic and geometry concepts and apply them to business cases, i.e., inventory turns, inventory accuracy, and computations, etc.
• Must be able to apply concepts such as fractions, percentages, ratios, and proportions to business practical situations.

PREFERRED QUALIFICATIONS

• 3+ Years of accounting background with emphasis in manufacturing, including a strong cost system background and analytical skills.
• Major in accounting or business administration in College
• Knowledge of computer database and relational databases
• Power BI, any other business intelligence knowledge, or reporting tool knowledge

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Sitting, walking, standing, bending at the neck, bending at the waist, squatting, climbing, kneeling, crawling, twisting at the neck and waist, repetitive use of hands, simple grasping, power grasping, fine manipulation, pushing and pulling, reaching above and below the shoulder, carrying/lifting up to 25lbs.

• Working around equipment and machinery
• Exposure to excessive noise
• Exposure to dust, gas, fumes or chemicals
• Working at heights
• Use of special visual or auditory protective equipment
• Walking on uneven ground

PPE REQUIREMENTS - When on the production floor

• Safety glasses
• Steel-toe slip-resistant shoes
• Hearing protection (e.g. ear plugs, ear muffs)
• Face covering (mask) in accordance with company policy.

COMPENSATION RANGE:

$80,000 - $90,000

Salary may vary based on experience.

CAMBRO is proud to be an equal-opportunity workplace. All qualified applicants will receive consideration for employment without regard to and will not be discriminated against based upon race, color, religion, national origin, gender, sexual orientation, gender identity, age, physical or mental disability, genetic information, military or veteran status, or other characteristics protected by law.