Cost Accounting Manager

Role Summary

Cost Accounting Manager responsible for high level analysis of product costs, operations and margins within the Finance Team. Reports to the Director of Accounting and Operations. Hybrid position with occasional on-site work at Canton, MA facility.

Responsibilities

• Establish and maintain standard costs for all raw materials, WIP and finished goods
• Ensure the accuracy of bills of materials for existing and new products
• Research and provide insight on variances including labor, yields, material usage, overhead and absorption
• Develop and evaluate key performance indicators for manufacturing operations and implement product cost dashboards
• Lead cost saving initiatives to improve gross margins
• Assist with the annual budget and quarterly forecasts relating to cost of goods sold and margins
• Work directly with various departments in a consultative role in identifying process improvements and manufacturing efficiencies
• Collaborate with the finance team on strategic plan updates and offer insights to opportunities and risks with respect to inventory and cost of goods sold
• Reconcile general ledger inventory accounts to perpetual inventory reports on a monthly basis
• Analyze inventory quantities and establish reserves for excess and obsolete items based on production and sales volumes
• Prepare monthly management reports on spending variances, product costs, inventory trends and capacity utilization
• Coordinate with operations to evaluate inventory controls
• Key member of the Microsoft Dynamics 365 implementation team

Qualifications

• Bachelor‚Äôs Degree required; prefer concentrations in business/finance/accounting. MBA is a plus.
• Minimum 5 years of related work experience preferably in a standard cost manufacturing environment.
• Ability to adhere to tight reporting deadlines.
• Strong knowledge and understanding of GAAP, costing techniques, ERP/MRP systems and inventory controls.
• Detail oriented with strong organizational, analytical, and problem-solving skills.
• Excellent written and oral communication skills.
• Experience with Microsoft Dynamics is a plus.

Skills

• Cost accounting
• Product costing
• GAAP
• ERP/MRP systems
• Inventory control
• Data analysis
• Communication

Education

• Bachelor‚Äôs Degree (required); MBA a plus

Additional Requirements

• On-site presence occasionally at Canton, MA facility