Senior Cost Accounting Manager

DUTIES AND RESPONSIBILITIES
•    Oversee all aspects of cost accounting activities, including cost allocation, cost analysis, and cost control measures.
•    Develop and maintain costing systems to accurately track and report on product costs, ensuring alignment with company goals and financial objectives.
•    Oversee Balance Sheet reconciliations and ensure compliance with corporate policies.
•    Analyze cost variances and trends, providing insights and recommendations to optimize operational efficiency and profitability.
•    Collaborate with cross-functional teams to ensure accurate cost data is utilized in financial statement reporting and decision-making processes.
•    Identify opportunities to streamline cost accounting processes and enhance reporting accuracy and timeliness.
•    Implement best practices and methodologies to optimize cost allocation methodologies and enhance overall cost visibility.
•    Drive continuous improvement initiatives to enhance the effectiveness of cost accounting.
•    Collaborate with internal stakeholders, including operations, procurement, and finance teams, to gather relevant cost data and ensure alignment with organizational objectives.
•    Serve as a subject matter expert on cost accounting matters, providing guidance and support to other departments as needed.

JOB SKILLS AND TRAITS
•    Foster a culture of transparency and accountability by effectively communicating cost-related information across the organization
•    Assist in budgeting and forecasting processes, providing insights into cost drivers and potential financial impacts.
•    Prepare financial reports and presentations for senior management, highlighting key cost metrics and variance analysis.
•    Conduct financial modeling and scenario analysis to support strategic decision-making and resource allocation.
•    Utilize advanced Excel skills to develop and maintain complex data models for cost analysis and financial reporting.

•    Extract and manipulate large datasets from various sources to support cost accounting and FP&A activities.
•    Perform thorough data analysis to identify trends, patterns, and anomalies, offering actionable recommendations to improve cost accounting accuracy and efficiency.  
•    Provide insightful analytics to Senior management (Ops Accounting and FP&A).

QUALIFICATIONS
•    Bachelor’s degree in Accounting, Finance, or related field; Master’s degree or CPA preferred.
•    Minimum of 3 to 4 years of experience in cost accounting or related roles, preferably in a manufacturing or similar industry. Overall +10 years of experience in progressive accounting & financial analysis roles.
•    Strong proficiency in Excel, including advanced functions such as VLOOKUP, PivotTables, and complex formulae.
•    Experience with data modeling and analysis, preferably using tools such as Power Query, Power Pivot, or similar.
•    Solid understanding of accounting, financial planning and analysis concepts, with the ability to translate financial data into actionable insights.
•    Excellent analytical and problem-solving skills, with a keen attention to detail.
•    Strong communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.
•    Proven ability to manage multiple priorities and meet deadlines in a fast-paced environment.
•    Experience with ERP systems and cost accounting software is a plus.
•    Continuous learning mindset with a willingness to adapt to evolving business needs and technology advancements.

Last updated on Aug 15, 2024