Position Summary:
The Assistant Manager of Cost Accounting will play a critical role in analyzing and managing warehousing, distribution, and other related costs to support the manufacturing operations. This position will report directly to the Manufacturing Finance Manager and collaborate closely with cross-functional teams to provide insights that drive cost efficiency and profitability.
Key Responsibilities:
- Cost Analysis and Reporting:
- Analyze warehousing, distribution, and other operational costs to identify trends, variances, and opportunities for cost savings.
- Prepare and present detailed cost accounting reports for review by the Manufacturing Finance Manager and other stakeholders.
- Support the development and monitoring of standard costs and budgets.
- Inventory and Cost Management:
- Perform cost analysis for inventory, including raw materials, work-in-progress, and finished goods.
- Monitor and reconcile inventory accounts to ensure accurate cost allocation.
- Evaluate cost structures and recommend adjustments to enhance profitability.
- Operational Support:
- Partner with manufacturing, warehousing, and logistics teams to understand cost drivers and improve operational efficiency.
- Provide financial support for warehousing projects, process improvements, and other initiatives.
- Assist in evaluating vendor contracts and logistics expenses to optimize cost structures.
- Compliance and Process Improvement:
- Ensure adherence to company policies, GAAP, and internal controls.
- Drive improvements in cost accounting processes and systems for accuracy and efficiency.
- Collaboration and Leadership:
- Act as a liaison between the finance team and operational departments.
- Assist in mentoring and providing guidance to junior cost accounting staff.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field (CPA or CMA designation preferred).
- 5+ years of experience in cost accounting, preferably in a manufacturing or warehousing environment.
- Strong understanding of cost accounting principles, GAAP, and operational financial analysis.
- Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Microsoft Excel skills.
- Excellent analytical, organizational, and communication skills.
- Ability to work collaboratively in a fast-paced environment and manage multiple priorities.
