Cost Accountant
Description We are looking for a skilled Cost Accountant to join our team in Tipton, Indiana. This role is essential to ensuring accurate cost tracking, financial reporting, and profitability analysis within a precision manufacturing environment. If you have a strong background in cost accounting and are passionate about driving financial efficiency, we encourage you to apply. Responsibilities:
- Analyze production costs and compare estimates to actual figures to identify discrepancies.
- Maintain accurate cost data and ensure compliance with relevant accounting standards.
- Compile and evaluate cost and expense information from various departments to support financial decision-making.
- Prepare detailed cost and margin reports while assisting in monthly and annual financial closings.
- Investigate variances between standard and actual costs to improve accuracy and efficiency.
- Provide support for budgeting and forecasting processes, offering recommendations for cost-saving initiatives.
- Utilize activity-based costing (ABC) methods to enhance cost allocation and reporting.
- Collaborate with cross-functional teams to develop strategies that optimize inventory planning and expense management.
- Ensure adherence to organizational and industry-specific accounting guidelines.
- Contribute to continuous improvement efforts aimed at enhancing overall profitability. Requirements - Bachelor's degree in Accounting, Business, or a related field.
- Minimum of 2 years of experience in cost accounting, preferably within a manufacturing setting.
- Proficiency in Microsoft Excel and familiarity with accounting software systems.
- Strong analytical skills with the ability to interpret complex financial data.
- Knowledge of standard cost accounting and activity-based costing (ABC) methodologies.
- Experience in inventory planning and financial reporting processes.
- Excellent attention to detail and organizational skills.
- Strong communication abilities to collaborate effectively across departments.