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We are looking for an experienced Cost Accountant to join our team in Lowell, Massachusetts. In this role, you will analyze financial data related to production, inventory, and operations to ensure accurate cost reporting and forecasting. This position offers an opportunity to contribute to the efficiency and profitability of our organization by providing insightful financial analysis and recommendations.
Job Responsibility:
Collaborate with operations and supply chain teams to verify the accuracy of inventory and production data, resolving discrepancies as needed
Conduct detailed analysis of inventory and cost transactions, ensuring proper allocation to projects and departments
Perform inventory valuation and reconciliation to maintain accurate financial records
Generate comprehensive financial reports that include expense breakdowns, project cost forecasts, and efficiency improvement opportunities
Execute month-end closing activities, such as preparing journal entries and reconciling accounts
Provide recommendations for cost-effective solutions to enhance operational and financial performance
Review and analyze bills of material to maintain accurate product and standard costs, suggesting updates when necessary
Calculate and update actual overhead rates for cost centers based on budget projections
Forecast and record variable costs, including raw material purchases, labor, and operational expenses
Handle additional tasks and responsibilities as assigned to support the accounting function
Requirements:
A minimum of 5 years of experience in cost accounting, preferably within a manufacturing environment
Proficiency in manufacturing cost accounting practices and standard cost accounting methodologies
Strong skills in cost analysis and the ability to interpret complex financial data
Experience with inventory valuation and reconciliation processes
Familiarity with calculating and allocating overhead rates
Excellent attention to detail and accuracy in financial reporting
Ability to work collaboratively across departments to achieve organizational goals
Strong analytical and problem-solving skills to identify and implement cost-effective solutions
What we offer:
medical, vision, dental, and life and disability insurance