Cost Accountant

EIS Wire & Cable Inc.; South Hadley (MA); On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

401(k)

401(k) matching

Employee assistance program

Flexible spending account

Life insurance

Paid time off

Referral program

Tuition reimbursement

Bonus incentives

Job summary

EIS Wire & Cable Inc. is seeking a cost accountant for our Western Massachusetts facility to monitor, analyze, and improve gross margin and inventory valuation.

You will collaborate with Engineering, Purchasing and Operations to maintain BOMs and routings, analyze costs across Manufacturing, Raw Materials, Labor and Overhead, and drive cost improvements. A 4-year degree in accounting/finance and 5+ years cost accounting are required, with strong Excel and Access skills;Experience with FAR/DFAR

Qualifications

• 4-year degree in accounting or finance is required.
• 5+ years of cost accounting experience.
• Proficiency in Excel and Access.
• Ability to interact effectively with employees at all levels.
• Ability to operate in a fast-paced environment with multiple projects.

Responsibilities

• Maintain BOMs and routings accuracy with Engineering, Purchasing, and Operations.
• Analyze costs and variances across Manufacturing, Raw Materials, Freight, Inventory, and Labor utilization.
• Drive root-cause analysis to reduce costs across the organization.
• Prepare journal entries, reconciliations, and analysis for inventory activities.
• Perform settlement processes to cost inventory production.
• Assist in developing direct labor and overhead rates for annual standard cost rolls.
• Assist in preparation of cost/pricing data for government contracts per FAR/DFAR.
• Follow company policies and safety guidelines.
• Develop financial controls related to costing across departments.

Skills

Cost analysis

Cross-functional collaboration

Critical thinking

Time management

Education

Bachelor's degree in accounting/finance

Tools

Excel

Access

Job description

If you are a cost accountant with experience in a manufacturing environment, this job could be for you! EIS Wire and Cable's long history of engineering expertise and manufacturing excellence has resulted in strong and lasting business relationships with customers in a wide range of diverse industries. Our customers can count on the quality, service, and attention to evolving needs that they would expect of a manufacturing partner. Today, EIS Wire and Cable Company operates a modern 125,000 sq. ft. facility based in Western Massachusetts and specializes in manufacturing a wide range of custom design and standard construction products-from single conductor hook-up wire to complex multi conductor composite cables.

Summary/Objective

Responsible for developing and sustaining system tools and processes to consistently monitor, analyze, and illustrate opportunities to reduce waste, increase gross margin, and ensure accurate valuation of inventory.

Essential Functions

• Collaborate with Engineering, Purchasing, and Operations to maintain the accuracy and reliability of BOMs and Routings
• Investigates, analyzes and illustrates costs and variances; Manufacturing, Raw Materials, Freight, Inventory, and Labor utilization to fully understand and target opportunities across the facility.
• Drive root cause analysis and innovative problem-solving which impact our costs across the organization.
• Prepares journal entries, account reconciliations, and analysis for all inventory related activities including material consumption, labor and overhead.
• Performs settlement process to cost inventory production
• Assists in the development of direct labor and overhead rates used for annual standard cost rolls.
• Assists in preparation of cost/pricing data used for government contract negotiations in accordance with FAR/DFAR regulations
• Follows company policies and practices as outlined in the Employee Handbook and/or applicable employment agreement.
• Follows safety guidelines and procedures in accordance to the job.
• Assist in development of Financial Controls related to costing requirements across all departments

Required

• 4-year degree in accounting/finance
• 5+ year experience in cost accounting
• Proficiency in Microsoft Excel and Access
• Able to interact effectively and cooperatively with employees at all levels
• Able to operate in a fast-paced environment and handle multiple projects simotaneously
• Self-motivated individual with critical thinking atributes

Nice To Have

• Experience with FAR/DFAR regulations including ITAR, PIEE, CAS, SAM
• Familiar with PowerBI is a plus

The EIS Premier Benefits Package Includes

• Medical (EIS funds 100% of the deductibles & 80% of premiums)
• Dental
• Vision
• 401(k)
• 401(k) matching
• Employee assistance program
• Flexible spending account
• Life insurance - Company paid
• Paid time off (Holidays, vacation, sick, personal, birthday)
• Referral program
• Tuition reimbursement
• Bonus Incentives

JOB CODE: S052026