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Cost Accountant

Location: NY / JC Region
Category: Finance & Accounting
Employment Type: Contract To Hire
Contact: FACNewYorkAd@addisongroup.com

Our client, a fast growing retail company is looking to add to their accounting team. This position is responsible for the various cost accounting related functions associated with sales, cost of goods sold, variances and inventories, as well as assisting with month end general ledger close, all cost reports and other activities as assigned.

Essential Functions:

Reporting

  • Conduct daily inventory analysis to solve inventory problems
  • Prepare daily and monthly analysis of production cost variances
  • Prepare daily and monthly analysis of labor cost variances
  • Maintain other daily, weekly and monthly reports as required by Production and Warehouse departments
  • Ensure accuracy of current cost and bill of material detail for all products
  • Calculate and update labor and overhead rates as needed
  • Reconcile inventory and assets to the general ledger, ensuring accuracy of reporting
  • Support Month End Close
  • Support annual physical inventory counts

Analytics

  • Ensure cost information is accurately maintained within the Microsoft Dynamics NAV
  • Develop and continuously improve inventory control procedures
  • Provide support as needed for General Accounting Supervisor as needed for Value Engineering/Cost Improvement projects
  • Analyze changes in product structure and manufacturing methods to determine effect on costs
  • Partner with Production to develop product and production line templates for labor and run time standards
  • Review and recommend improvements to transaction and accounting processes as needed to ensure operational and accounting requirements are met, including internal controls to improve accuracy and reliability of inventory reporting
  • Other duties and projects as required by management