Summary Description

The Cost Accountant is responsible for establishing and maintaining the accuracy of Standard Costs of products manufactured in our Bay Minette, AL location. This position supports the manufacturing operations group with financial reporting, operational analysis, inventory analysis and budgeting

Essential Duties and Responsibilities

Product Costing - Responsible for establishing and maintaining standard costs of the location in the Oracle ERP system. Performs initial cost valuation of new items and revaluation of existing items as required.

Financial Reporting and Analysis - Monthly analysis of standard cost variances, other cost of sales, warranty, and General/Administrative expenses, utilizing Oracle, Excel, Qlik, and other systems as necessary. Analyze slow-moving inventory, establishing adequate reserve within company policy and addressing related issues.

Month end close - Assist with month end inventory reconciliations and create / post journal entries as needed.

Operations Support - Provide analysis and recommendations on purchasing and inventory management, working with buyers and general managers to improve inventory flow and costs.

Assist with the annual preparation of the local budget.

Other

Provide financial support for capital appropriations

Analyze and report on warranty related expenses.

Participate in continuous improvement initiatives.

Knowledge, Skills & Abilities Required:

Education and/or Experience:

Undergraduate College Degree in Accounting or Finance.

At least 5+ years in manufacturing environment.

Oracle manufacturing experience is preferable.

Language Skills:

Read, write, and verbally communicate in English.

Ability to communicate with all levels of the organization.

Computer Skills:

Proficiency in using the personal computer, including Windows-based applications.

Experience with Oracle, SAP, or similar inventory control systems.

Reasoning Abilities:

Ability to define problems, collect data, establish facts, and draw conclusions.

Person must be resourceful and a self-starter.

Ability to prioritize and multi-task.

Must be conscientious and detail minded.

Must be able to work in fast paced, quick changing atmosphere.

Authority

Initiate solutions to quality related problems.

Prevent non-conforming product.

Make and implement decisions within their areas of responsibility.

Coordinates all financial decisions with local managers and direct supervisor.

Physical/Mental Demands:

Must be alert, able to concentrate, able to use good judgement and analytical skills.

Able to sit, stand and perform repetitive activities for sustained periods of time.

Uses hands to type on standard pc keyboard frequently.

Works in normally stressful environment with significant pressure.

Move about facility to interact with employees.

Multi-task on several jobs at once.

Communicate verbally over the phone with employees, corporate personnel.

Communicate in writing with employees, corporate and outside parties.

Reads written information and requires the ability to understand conceptual material.