Apply on Employer Site

ReadyOne Industries · 17 hours ago

Cost Accountant

ReadyOne Industries 1414 Ability Dr - El Paso, TX 79936

Full-time

Onsite

Mid, Senior Level

$55K/yr - $60K/yr

5+ years exp

ReadyOne Industries is committed to supporting US Warfighters and the AbilityOne program, and they are seeking a Cost Accountant to oversee key aspects of costing and inventory. The role involves maintaining the cost accounting system, updating standard costs, and conducting inventory audits to ensure accuracy and support strategic objectives.

Non-profit Organization Management

Responsibilities

Maintain, optimize, and troubleshoot the cost accounting system to ensure accurate costing and seamless integration with other ERP modules

Update and validate standard costs for manufactured parts, including rolling standards and ensuring the accuracy of the bill of materials to support accurate product costing

Coordinate with the supply chain department to process annual updates of standard costs for purchased parts (raw materials)

Initiate and audit periodic cycle counts to ensure the accuracy of physical inventory

Conduct monthly reviews of ERP inventory reports, addressing negative inventory transactions and collaborating with production and IT teams to implement system enhancements for data integrity

Monthly review of production jobs to identify pending items/transactions preventing jobs from being closed. Work with production teams to fix exceptions and prepare jobs for closing

Review and analyze standard and actual costs for variances. Prepare reports explaining variances

Prepare and analyze periodic inventory reserves reconciliation. Analyze for risk and potential impairments

Take an active role in month-end and year-end closing activities, ensuring the accuracy of cost-related entries and supporting the annual financial audit with detailed reports

Assist with compiling and completing product pricing workbooks (Excel)

Adapt to evolving business needs by performing additional duties, fostering collaboration across department to support cost accounting and strategic goals

Qualification

Cost accountingERP systemsFinancial analysisMicrosoft ExcelU.S. GAAPData analysisCommunication skills

Required

Bachelor's degree in accounting/finance

5-8 years of manufacturing cost accounting experience utilizing an integrated ERP system

Proficient in Microsoft Excel and the use of formulas and pivot tables

Demonstrated ability to analyze complex financial data, communicate finds effectively across teams, and develop practical solutions to improve costing processes

Solid understanding of manufacturing operations, inventory, and cost accounting

Understanding of U.S. GAAP as it applies to a manufacturing environment

Ability to analyze data, draw conclusions, interpret results, and make recommendations