Cost Accountant

By December 11, 2024

The Cost Accountant will provide expert analysis and insights into cost structures, inventory valuations, and profitability to support strategic decision-making and operational efficiency. This role will work closely with cross-functional teams, including production, procurement, and finance, to ensure accurate cost reporting and drive continuous improvement in cost management.

Responsibilities:

  • Cost Analysis: Prepare, analyze, and report on standard and actual costs, identifying variances and opportunities for improvement. Evaluate manufacturing costs, production overhead, and other expense factors impacting profitability.
  • Inventory Management: Conduct regular analysis of inventory, ensuring accurate valuation, proper costing methods, and compliance with company policies. Partner with supply chain and operations teams to support inventory control and optimize stock levels.
  • Budgeting & Forecasting: Collaborate with finance and operational teams to develop annual budgets, quarterly forecasts, and long-range plans. Provide insights on cost trends and forecast potential financial impacts.
  • Financial Reporting: Prepare month-end close entries related to cost accounting, including reconciliation of cost of goods sold, inventory valuation adjustments, and variances. Contribute to financial statement accuracy and ensure compliance with accounting principles.
  • Cost Control Initiatives: Develop and implement cost control and reduction strategies. Work closely with management to identify and execute initiatives to improve profitability and drive cost efficiency.
  • Project Support: Participate in cross-functional projects to improve financial controls, process efficiency, and data accuracy within the cost accounting function.
  • Audit & Compliance: Support internal and external audits by providing cost accounting records, documentation, and analysis as required.

Requirements:

  • Bachelor’s degree in Accounting, Finance, or a related field. CPA or CMA certification is preferred.
  • Minimum of 5 years of experience in a similar role within a manufacturing setting.
    • Senior Level requires 10 years of experience plus Bachelor’s Degree
  • Proven experience in POC accounting and government accounting.
  • Strong knowledge of cost accounting principles, standards, and software systems, including ERP systems. – Visibility a plus
  • Proficiency in Microsoft Excel and data analysis tools is required.
  • Experience in a private company, multi-site, 500+ employees

Skills & Abilities:

  • Microsoft Office Proficiency: Strong skills in PowerPoint, Outlook, Word, and advanced skills in Excel.
  • Communication Skills: Excellent written and verbal communication abilities.
  • Organizational Skills: Exceptional organizational and time-management skills with the ability to prioritize tasks effectively.
  • Attention to Detail: Strong attention to detail and accuracy in all aspects of work.
  • Problem-Solving Skills: Excellent problem-solving skills with the ability to anticipate needs and provide proactive support.
  • Multitasking: Ability to manage multiple tasks simultaneously in a fast-paced environment.
  • Interpersonal Skills: Strong interpersonal skills with the ability to interact effectively with executives, staff, and visitors.
  • Demonstrated ability to drive continuous improvement in financial processes. Proactive in identifying and implementing process improvements to enhance efficiency and accuracy.
  • Demonstrated ability to drive continuous improvement in financial processes. Proactive in identifying and implementing process improvements to enhance efficiency and accuracy.

If you possess the skills and qualifications listed above and are eager to contribute to our commitment to quality, please submit your resume on our website: https://www.aascworld.com/careers/

Note: This job posting is for informational purposes only and does not guarantee the availability of a job position. The requirements and responsibilities mentioned may vary depending on the specific needs of the company at the time of hiring.

The salary range for this role is $75,000 – $90,000 annually. This is the lowest to highest salary we reasonably and in good faith believe we would pay for this open role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the salary range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, skills, geographic location, performance, and business or organizational needs.

Applied Aerospace Structures Corp is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics under federal, state and local laws. AASC is committed to working with and providing reasonable accommodations to individuals with disabilities or individuals who have a religious or medical accommodation.

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To apply for this job email your details to hr@aascworld.com