Cost Accounting Manager

Job description

Primary Function of Position

This position is responsible for overseeing all cost accounting activities within the manufacturing environment, providing management with accurate and timely financial data to support strategic decision-making. This position ensures the integrity of product costing, inventory valuation, and manufacturing variance analysis in alignment with Corporate Policies and Procedures.

Roles & Responsibilities

Responsible for maintaining Cost Accounting SOPs, DOPs, and Work Instructions aligned to corporate guidelines and SOX compliance. Manages day-to-day activities related to standard costing, inventory accounting, and manufacturing cost analysis, and ensures timely completion of the Month End Close Process. Prepares weekly, monthly, and quarterly cost reporting and explains variances over Budget and Forecast. Supports the business with cost-related metrics and internal reporting, as needed.

Provides ad hoc cost trends and standard cost analysis. Leads yearly cost roll-ups and updating cost standards for the whole Product Operations group: Support global ops finance team on the development of Direct Labor and Overhead rates for Manufacturing Operations. Coordinate the standard costing setting activities, calendar, and deliverables, working closely with all plants worldwide. Oversee and monitor the Company's Cost Accounting Policies and Processes.

Responsible for updates in STO list prices. Responsible for Systems' Cost of Goods Sold deferral. Coordinate and analyze standard revaluation reserve balance, controls, and related activities. Ensure that the Company's accounting policies are appropriately applied to all costing-related activities and accounts. Monitor and analyze key metrics to track accuracy of inventory and manufacturing costs and to provide insight into Finance-related activities for management.

Responsible for accurate, timely month-end close process for inventory, manufacturing expenses, and variances. Review and audit of BOMs, Routings, labor, and overhead rates. Review and audit of cycle counts, ABC-Inventory class, excess and obsolete procedures. Help drive an efficient and effective process to ensure timely close and reporting of all cost accounting matters by closely coordinating with the FP&A teams. Collaborate cross-functionally with other teams (IT, Accounting, and Finance, etc.) in system and process implementation projects and perform testing to validate system design is appropriate.

Actively identify opportunities for process improvement or operational automation in existing system infrastructure. Drive our Culture Strategy by fostering our mission, founding principles, individual and leadership expectations.

Qualifications

Skills, Experience, Education, & Training

Bachelor’s degree in accounting/finance or related field. Previous experience in a similar role like Cost Mgr. or FP&A Manager with strong standard costing background. Minimum 7 years of relevant experience combined in a manufacturing accounting environment. Advanced Excel skills, SAP experience. Good presentation and communication skills in both English and Spanish. Strong analytical skills, ability to think strategically and influence business decisions using appropriate, fact-based financial information.