ACCOUNTANT COST 1

Ultipro; Waller (TX); On-site; USD 65,000 - 90,000; Full time

Job summary

Ultipro in Texas is seeking a Cost Accountant to support the Corporate Controller with internal cost reporting and analysis. The role focuses on classifying and allocating expenditures to determine product/service costs, profitability, and cost per unit, partnering with Plant Operations to improve efficiency.

The ideal candidate has a Bachelor's in accounting or finance, up to 2 years of accounting experience, and strong Excel/GAAP knowledge.

Qualifications

• GAAP knowledge and cost systems background.
• Experience with cost standards and manufacturing data.
• Strong analytical, numeric, and problem-solving skills.

Responsibilities

• Budgeting and forecasting with plant personnel.
• Financial statement analysis and variance reporting to Plant Ops.
• Develop metrics to improve cost efficiency (materials, labor, overhead).
• Inventory accuracy and reconciliation with Plant Operations.
• Assist with capital requests and project cost tracking.
• Support SOX controls and internal audits.

Skills

GAAP knowledge

Cost accounting

Analytical skills

Excel

Cross-functional collaboration

Education

Bachelor's degree in accounting/finance

Tools

ERP system

Advanced Excel

Job description

The Cost Accountant Supports the Corporate Controller with internal cost reporting for the management of every business. The Cost Accountant’s purpose is to classify, record, and appropriate allocation of expenditure for the determination of the costs of products or services, the relation of these costs to sales values, and the ascertainment of profitability. Covers matters relating to ascertainment, recording and control of costs by proper analysis and classification in order to find out cost per unit. Acts as a business partner to the Plant Controller and will provide focused support to the Plant Operating Team and plant personnel. Compares factors affecting prices and profitability of products or services. The Cost Accountant will rotate through several positions designed to provide the knowledge and background required to accept Controller and Management opportunities.

Position Responsibilities:

May include:

• Budgeting and Forecasting: Responsible for working with plant personnel in preparing the annual budget, along with weekly and monthly forecasts.
• Financial Statement Analysis: Analyzing (vs. fcst, plan, & PY), distributing, and presenting financials to Plant operating Team. This includes training personnel on interpreting financials and most importantly identifying root causes of any problematic areas, guiding implementation of corrective action, and monitoring results.
• Develop metrics to aid in improving efficiency & effectiveness: Planning, studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor along with analyzing changes made to determine effects on cost. Provide insight for specific improvements in plant material, labor, overhead, scrap, floor planning, inventory levels, staffing, etc. to improve efficiency and effectiveness of the plant.
• Inventory Accuracy: Reconcile and maintain accurate inventory records within the scope of the Plant Operations.
  • Assist project leaders with preparing capital request including cost justification.
  • Monitor and report on project status and spending versus plan.
  • Ensure fixed asset records are maintained and accurate.
• Policy Procedures and General Operational Review:
  • Ensure adequate controls and procedures.
  • Assist Operations in performing audits and maintaining controls.
  • Monitor compliance and provide corrective support as it relates to internal audit deficiencies.
  • Assist operations in maintaining compliance with SOX requirements, including performing audits & maintaining controls.
• Perform special projects and Ad Hoc Analysis & Reporting such as;
• Assists in the estimates of new and proposed product and project costs.
• Perform additional projects/duties to support ongoing business needs.

Nature & Scope:

Possesses a broad theoretical job knowledge typically obtained through advanced education

Has no discretion to deviate from established procedures by performing structured work assignments

Work is closely supervised

Problems faced are not typically difficult nor complex

Explains facts, policies and practices related to job area

Knowledge & Skills:

• Knowledge of Generally Accepted Accounting Principles GAAP) with strong cost systems background
• Experience working with engineering and manufacturing personnel on development and analysis of cost standards
• Basic understanding of outside department functions (engineering, customer support, IT, procurement, marketing, sales, etc.)
• Excellent analytical and quantitative skills, high level of attention to detail and accuracy, and problem solving skills
• MS Office – Outlook, Word, and Advanced Excel skills, Access is a plus
• Effective written and verbal communication skills including listening & questioning with strong business acumen
• Exceptional planning, organizational skills, and the ability to manage multiple competing priorities
• Ability to carry out specific projects to meet goals and deadlines, results oriented and customer focused
• Ability to effectively collaborate with all levels of management and establish positive working relationships
• Ability to apply good judgement, strong work ethics and integrity on the job

Experience: Up to 2 years accounting experience preferred

Education/Certification:Bachelor’s degree in accounting, finance, or related field

People Management: No

Physical Requirements / Work Environment: Must be able to perform essential responsibilities with or without reasonable accommodations

Reports To: Division Controller / Director, Accounting Ops / Assistant, Controller

The Company provides equal employment opportunity to all employees and applicants regardless of a person’s race, color, religion (including religious dress or grooming practices), creed, national origin (including language use restrictions), citizenship, uniform service member or veteran status, ancestry, disability, physical or mental disability (including HIV/AIDS), medical condition (including cancer and genetic characteristics), genetic information, request for protected leave, marital status, sex, pregnancy, age (over 40), sexual orientation, gender, gender identity or expression, political affiliation, or any other characteristic protected by law. The Company will comply with all federal and state regulations and statutes pertaining to individuals with disabilities.

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.