Cost Accountant/Analyst

SBI - Corsicana Mattress; Rancho Cucamonga (CA); On-site; USD 65,000 - 90,000; Full time

Job summary

Corsicana Mattress Company is seeking a Cost Accountant to determine, record, and report unit costs, and to provide management with cost analyses and variance explanations. The role supports plant and financial management with standard costing and cost-improvement initiatives.

Key duties include monthly close, updating standard costs, BOM accuracy, analyzing labor/material/overhead variances, and preparing inventory schedules and cost estimates for new products.

Qualifications

• Bachelor’s degree in accounting or finance.
• 3–5 years’ Cost Accounting experience in a manufacturing environment.
• Experience automating and improving processes to gain efficiency, improve accuracy and produce high quality work.
• Must have a strong cost system and inventory controls background and have excellent analytical skills; sound understanding of accounting principles.
• Strong PC skills and the ability to navigate within Corsicana Mattress systems; proficiency with MS Word, Excel, and Outlook.

Responsibilities

• Close monthly accounting and reporting requirements in compliance with GAAP; analyze variances across locations.
• Maintain standard costs and all accounting entries; meet cost improvement objectives.
• Review standard costs for inaccuracies and complete margin reviews.
• Develop, maintain, and update standard costs and assist with annual cost roll.
• Understand, calculate, and update labor and overhead rates.
• Analyze actual labor, material and overhead costs against standards and report variances.
• Prepare cost estimates of new or special products for pricing and forecasting.
• Reconcile inventory reports to the general ledger and prepare related journal entries and schedules.
• Lead physical inventories and report facility variances.
• Support internal controls and standard work processes for financial operations.

Skills

Analytical skills

Cost accounting

GAAP knowledge

Inventory controls

Excel

Word

Outlook

Education

Bachelor’s degree in accounting or finance

Tools

Excel

Word

Outlook

Job description

Summary/Objective

The Cost Accountant is responsible for determining, recording, and reporting unit cost factors, provide management with cost and comparative reports along with analyzing actual manufacturing costs and prepare reports comparing standard to actual costs; analyze changes in raw materials pricing and manufacturing overhead for effects on production costs. The role functions as a business support person to the plant and financial management team.

Essential Functions

• Ensure timely and accurate completion of monthly accounting close and reporting requirements in compliance with GAAP, including reporting results and analyzing variances for multiple locations.
• Ensure that standard costs and all accounting entries are processed timely, accurately, and meet the cost improvement objectives set by Operations.
• Review standard costs for inaccuracies and complete margin reviews.
• Develop, maintain, and update standard costs and assist with standard cost roll on an annual basis.
• Understand, calculate, and update labor and overhead rates.
• Understand the forming of Bills of Materials as related to finished goods as entered in the accounting software.
• Analyze actual labor, material and overhead cost against Standard/Budget and report variances.
• Prepare cost estimates of new or special products for establishing selling prices and production forecasts.
• Analyze and reconcile the inventory on hand reports to the general ledger and propose journal entries as well as provide monthly schedules showing the same.
• Analyze and prepare inventory analysis to determine obsolescence and slow-moving inventory reserve.
• Function as the Department lead on all physical inventories and prepares variance reporting by facility.
• Assist with monitoring and continuous improvement in internal controls and standard work procedures for appropriate financial operations.
• Supports special projects as requested.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Competencies

• Excellent communication skills – written and verbal.
• Commitment to Excellence; Results driven and attention to detail.
• Must be a self-starter able to perform independently and collaborate with team and management.
• Excellent time management skills with ability to plan and organize.
• Strong problem-solving skills.
• Flexibility and ability to manage multiple tasks simultaneously and meet project deadlines within a fast-paced environment.
• Solid understanding of GAAP and internal controls.
• Strong technical capacity with ability to retain information (e.g., policies, procedures) or research as needed.
• Customer service oriented.
• Analytical and conceptual thinking using logic, reasoning, creative and strategic thinking.

Supervisory Responsibility

No

Work Environment

The employee will generally be housed in a climate controlled, well-lit environment. The noise level in the work environment is usually quiet to moderate.

Physical Demands

Primarily a desk job, will spend time in the warehouse as needed for inventory or special projects.

Position Type / Expected Hours of Work

Monday-Friday 8:00-5:00, occasional late nights and weekend hours during our busier times.

Travel

Occasional travel required to other facilities across the U.S to support projects.

Required Education and Experience

• Bachelor’s degree in accounting or finance.
• 3–5 years’ Cost Accounting experience in a manufacturing environment.
• Experience in automating and improving processes to gain efficiency, improve accuracy and produce high quality work is required.
• Must have a strong cost system and inventory controls background and have excellent analytical skills; sound understanding of accounting principles.
• Strong PC skills and the ability to navigate within the Corsicana Mattress systems are critical, including proficiency with MS Word, Excel, and Outlook.

Additional Eligibility Qualifications

N/A

Work Authorization / Security Clearance (if applicable)

U.S. Citizen or Permanent Resident (No Sponsorship Available)

AAP/EEO Statement

Corsicana Mattress Company provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Corsicana Mattress Company complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Corsicana Mattress Company expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of Corsican Mattress Company employees to perform their job duties may result in discipline up to and including discharge.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.