Cost Accountant
Salary Range: $85,000 - $115,000
Rochester, NY
The Cost Accountant reports to the Cost and Inventory Controller. The position will collaborate with other Cost & Inventory Business Partners, other operational site leaders, FP&A analysts and works across the LSO and Fluidics organization on standardizing Cost & Inventory functions.
KEY RESPONSIBILITIES AND ESSENTIAL FUNCTIONS:
- Monitor, review and analyze daily manufacturing activities. Provide variances and root cause analysis for relevant, accurate and timely input and performance reporting
- Perform daily cost accounting tasks such as:
- Review of Cycle count and inventory adjustments
- New part costing
- Engineering Change Orders / Revisions
- Ensure completeness and accuracy of work orders on a weekly and monthly basis and analyze/explain variances
- Perform monthly inventory General Ledger to perpetual reconciliation and balance sheet reconciliations
- Perform quarterly analysis for Excess and Obsolete Inventory
- Calculate Direct Material inflation and understand changes year over year.
- Perform quarterly Intercompany Profit Elimination analysis
- Partner with sites and lead financial portion of annual physical inventories
- Complete monthly compliance reporting per company policies and procedures
- Analyze Material Variances and recommend and/or implement process improvements
- Analyze Labor Efficiencies and coordinate with Operations teams on main drivers of variances
- Complete SOX audits and implement corrective actions related to Cost & Inventory
- Oversee the Annual Cost Rolls including the preparation and analysis of the Labor and Burden Studies
- Review and recommend process improvements and standardization across 5 manufacturing sites in accordance with company policies
- Assist with forecasting and budgeting functions for all site manufacturing operations
- Bachelor's Degree in Finance or Accounting
- Minimum of two (2) to three (3) years of Accounting experience in a manufacturing environment
- Strong grasp of GAAP accounting and cost accounting concepts
- Familiar with Standard Cost methodology
- Experience with ERP systems is required, JD Edwards preferred
- Expert skills in Excel and SAP Web Intelligence; high proficiency in OneStream and other Microsoft Office Applications, Power BI preferred
Nesco Resource provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
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