Cost Accountant

Lithion Battery Inc.; Henderson (NV); On-site; USD 65,000 - 90,000; Full time

Job summary

Lithion Battery Inc. in Henderson, NV is seeking a Cost Accountant to manage cost data, budgets, and asset records. Reporting to finance leadership, you will deliver insights into cost structures and profitability across manufacturing operations.

You will collaborate with production, procurement, and finance to gather data, develop standard costs, monitor variances, and ensure compliance with accounting standards.

Qualifications

• Bachelor’s degree in accounting, finance, or related field.
• CPA certification is preferred or required.
• Proven experience in cost accounting, preferably in manufacturing.

Responsibilities

• Collects, examines, analyzes, and interprets accounting records on operational costs including raw materials, labor, overhead, and other expenses
• Develops standard costs of manufactured goods to optimize spending and improve profitability
• Establishes cost of business processes such as administration, labor, shipping etc.
• Assists in the preparation of budged and forecasts by providing accurate cost data and insights
• Analyzes and report on variances between actual costs and budgeted costs, investigate discrepancies and recommend correct actions
• Monitors inventory levels and valuation, ensuring accuracy and compliance with accounting standards
• Calculates and analyzes the cost of goods sold for various products or services, considering all relevant cost factors
• Identifies opportunities for process improvements to enhance efficiency and reduce costs
• Prepares cost reports for presentations for management, providing insights into cost trends, performance, and opportunities for improvements
• Ensures compliance with relevant accounting standards, regulations, and internal policies related to cost accounting
• Works closely with production, procurement, and finance to gather relevant data and insights
• Performs other duties outside their scope of work as assigned and required

Skills

Analytical skills

Attention to detail

Cost accounting

Education

Bachelor’s degree in accounting or finance

CPA certification

Job description

Summary

Reporting to the Divisional Controller, the Cost Accountant is responsible for cost management, budgeting, and asset management within the division to provide insights into cost structures and efficiencies. This role is based in Henderson, NV.

Direct Reports

• N/A

Key Responsibilities & Duties

• Collects, examines, analyzes, and interprets accounting records on operational costs including raw materials, labor, overhead, and other expenses
• Develops standard costs of manufactured goods to optimize spending and improve profitability
• Establishes cost of business processes such as administration, labor, shipping etc.
• Assists in the preparation of budged and forecasts by providing accurate cost data and insights
• Analyzes and report on variances between actual costs and budgeted costs, investigate discrepancies and recommend correct actions
• Monitors inventory levels and valuation, ensuring accuracy and compliance with accounting standards
• Calculates and analyzes the cost of goods sold for various products or services, considering all relevant cost factors
• Identifies opportunities for process improvements to enhance efficiency and reduce costs
• Prepares cost reports for presentations for management, providing insights into cost trends, performance, and opportunities for improvements
• Ensures compliance with relevant accounting standards, regulations, and internal policies related to cost accounting
• Works closely with functional teams such as production, procurement, and finance to gather relevant data and insights
• Performs other duties outside their scope of work as assigned and required

Qualifications & Compentencies

• Bachelor’s degree in accounting, finance, or related field
• Professional certification such as CPA
• Proven experience in cost accounting or related roles, preferably in a manufacturing or production environment
• Strong analytical skills and attention to detail