Cost Accountant

Foxconn Industrial Internet - FII; Houston (TX); On-site; USD 70,000 - 90,000; Full time

Job summary

Foxconn Industrial Internet - FII in Houston, TX is seeking an experienced Cost Accountant to monitor, analyze, and report cost activities across the organization.

The role covers month-end cost accounting close, preparing cost journal entries, reconciling accruals, generating quotes, analyzing material and labor costs for quarterly price changes, and supporting inventory revaluation and variance claims.

Qualifications

• Master’s degree in Accounting is required.
• 2+ years in general accounting experience is required.
• Strong Excel and analytical skills are essential.

Responsibilities

• Perform month-end cost accounting close.
• Prepare all cost-related journal entries at month-end.
• Reconcile and record accrual and adjustments for balance sheet accounts.
• Generate quotes by gathering information and following the quarterly standard cost baseline.
• Analyze material and labor cost to execute quarterly price changes for standard cost.
• Extract and analyze information to provide quotes for supporting business operations.
• Prepare and submit quarterly Inventory Revaluation and Purchase Price Variance claims.
• Perform other duties as assigned.

Skills

Advanced Excel

Strong analytical

Attention to detail

Bilingual English and Chinese

Education

Master’s degree in Accounting

2+ years in general accounting

Tools

Oracle

SAP

Job description

Job Description:

This position is responsible for monitoring, resolving, and reporting all cost activities.

Duties and Responsibilities:

• Perform month-end cost accounting close.
• Prepare all cost-related journal entries at month-end.
• Reconcile and record accrual and adjustments for balance sheet accounts.
• Generate quotes by gather information and follow the quarterly standard cost baseline.
• Analyze material and labor cost to execute quarterly price change for standard cost.
• Extract and analyze the available information to provide quote for supporting business operations.
• Prepare and submit quarterly Inventory Revaluation and Purchase Price Variance claims.
• Perform other duties as assigned.

Required Knowledge, Skills and Abilities:

• Advanced Excel skills
• Strong analytical and problem-solving skills
• Attention to detail is a must
• Knowledge in ERP programs such as Oracle/SAP
• Bilingual (English and Chinese).

Education and Experience:

• Master’s degree in Accounting required.
• 2+ years in general accounting required.