Cost Accountant

Willert Home Products

St. Louis (MO)

On-site

USD 70,000 - 80,000

Full time

14 days+

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Job summary

An established industry player is seeking a skilled Cost Accountant to join their team in St. Louis. This role involves tracking and analyzing production costs, preparing detailed reports, and providing insights for strategic decision-making. The ideal candidate will have a strong background in cost accounting, financial analysis, and a solid understanding of GAAP. You will work closely with production managers to identify cost-saving opportunities and ensure compliance with internal policies. If you are passionate about finance and looking to make a significant impact in a dynamic environment, this opportunity is perfect for you.

Qualifications

3-5 years of experience in cost accounting and financial analysis.
Strong understanding of GAAP and financial reporting requirements.
Proficiency in ERP systems and advanced Excel skills.

Responsibilities

Analyze manufacturing costs and prepare detailed cost reports.
Conduct variance analysis and assist in product pricing decisions.
Collaborate with production managers to monitor cost-control processes.

Skills

Cost Accounting

Financial Analysis

GAAP

Inventory Management

Advanced Excel

Analytical Skills

Problem-Solving

Communication Skills

Lean Manufacturing Principles

Education

Bachelor’s degree in Finance

Bachelor’s degree in Accounting

Tools

ERP Systems

Job description

2 weeks ago Be among the first 25 applicants

Willert Home Products is a leading manufacturing company specializing in the production of high-quality yet cost-effective consumer products. With a commitment to innovation, efficiency, and excellence, we have established ourselves as a trusted name in the industry. We are seeking a Cost Accountant to join our team.

Position Overview:

The Cost Accountant is responsible for tracking, analyzing, and managing costs related to production, labor, materials, and overhead. They ensure that cost data is accurate and provide insights to help management make informed financial decisions. The role involves budgeting, forecasting, variance analysis, and identifying areas for cost-saving opportunities.The position reports to the Controller.

Responsibilities:

Analyze manufacturing costs (direct materials, direct labor, and overhead) and prepare detailed cost reports
Prepare monthly, quarterly, and annual cost reports to help management assess profitability
Conduct variance analysis to compare actual costs to standard or budgeted costs
Allocate production costs accurately across various products and cost centers
Assist in product pricing decisions by providing cost information, including direct and indirect costs
Oversee the accounting of raw materials, work-in-progress, and finished goods inventory
Ensure accurate inventory valuation and reconciliation in alignment with cost standards
Assist in developing the annual budget for manufacturing costs, providing accurate estimates based on historical data
Participate in forecasting future production costs based on market trends, labor rates, and material price fluctuations
Identify areas of inefficiency in production and make recommendations for cost-saving measures
Collaborate with production managers to develop and monitor cost-control processes
Establish and update standard cost systems for labor, materials, and overhead
Monitor production and compare actual results with standard costs to ensure accuracy and profitability
Prepare reports for senior management on cost trends, cost savings, and operational performance
Ensure that cost accounting practices comply with internal policies and external regulations
Assist in internal and external audits related to cost accounting and financial data
Help develop and enforce internal controls to prevent cost misallocation or fraud
Stay updated on industry trends and changes in accounting standards related to manufacturing cost accounting
Perform other duties as assigned

Qualifications:

Bachelor’s degree in Finance, Accounting, or related field
3-5 years of experience with cost accounting and financial analysis, preferably in a manufacturing setting
Strong understanding of GAAP and financial reporting requirements
Relevant experience with inventory management
Proficiency in ERP systems and advanced Excel skills
Excellent analytical, problem-solving, and communication skills
Ability to work collaboratively in a fast-paced environment
Familiarity with lean manufacturing principles and practices preferred

Seniority level