Cost Accountant

SUMMARY:

Reporting to the Divisional Controller, the Cost Accountant is responsible for cost management, budgeting, and asset management within the division to provide insights into cost structures and efficiencies. This role is based in Henderson, NV.

DIRECT REPORTS:

• N/A

KEY RESPONSIBILITIES & DUTIES:

• Collects, examines, analyzes, and interprets accounting records on operational costs including raw materials, labor, overhead, and other expenses
• Develops standard costs of manufactured goods to optimize spending and improve profitability
• Establishes cost of business processes such as administration, labor, shipping etc.
• Assists in the preparation of budged and forecasts by providing accurate cost data and insights
• Analyzes and report on variances between actual costs and budgeted costs, investigate discrepancies and recommend correct actions
• Monitors inventory levels and valuation, ensuring accuracy and compliance with accounting standards
• Calculates and analyzes the cost of goods sold for various products or services, considering all relevant cost factors
• Identifies opportunities for process improvements to enhance efficiency and reduce costs
• Prepares cost reports for presentations for management, providing insights into cost trends, performance, and opportunities for improvements
• Ensures compliance with relevant accounting standards, regulations, and internal policies related to cost accounting
• Works closely with functional teams such as production, procurement, and finance to gather relevant data and insights
• Performs other duties outside their scope of work as assigned and required

QUALIFICATIONS & COMPENTENCIES:

• Bachelor’s degree in accounting, finance, or related field
• Professional certification such as CPA
• Proven experience in cost accounting or related roles, preferably in a manufacturing or production environment
• Strong analytical skills and attention to detail
• Superior proficiency in financial reporting software tools, ERP software, and Microsoft Excel
• Excellent communication and interpersonal skills including writing and speaking, with the ability to collaborate effectively across teams
• Knowledge of cost accounting principles, techniques, and best practices
• Excellent organizational and time management abilities
• Ability to work independently and prioritize tasks in a fast-paced environment
• Must be able to read, write and speak/understand English fluently

WORK ENVIRONMENT & PHYSICAL REQUIREMENTS:

This role is conducted in an office environment requiring some or all the following:

• Prolonged periods of sitting at a desk or workstation
• Repetitive hand and arm movements
• Occasional lifting up to 20lbs may be required
• Frequent reaching, grasping, pushing or pulling, bending or twisting motions
• Walking short distances and standing for meetings or other office activities