Cost Accountant job at Oberg Industries. Freeport, PA. Oberg Industries is a leader in precision contract manufacturing, specializing in the production of high-precision, metal components, tooling, and assemblies for various industries including aerospace, automotive, and medical.
Oberg Industries, located in Freeport, PA, is seeking a detail-oriented and experienced Cost Accountant to join our finance team. This role is vital for driving financial efficiency, accuracy, and strategic decision-making within the organization. If you're ready to advance your accounting career, apply now.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Investigate and process all inventory adjustments in collaboration with operations personnel.
- Prepare and analyze monthly Absorption Reconciliation to evaluate standard rate effectiveness.
- Evaluate item standard costs through variance analysis.
- Review Operating Expense schedules to identify cost structure changes and timing variances.
- Provide training and education to operations personnel on cost accounting systems.
- Help define accurate standard cost rates in collaboration with finance and operations teams.
- Reconcile inventory sub-ledgers to the general ledger monthly.
- Calculate and record monthly Work-in-Process (WIP) accruals for PCS projects and production orders.
- Analyze Lot Variance and Production Result transactions monthly.
- Maintain and update inventory trend reports by division.
- Conduct monthly margin report analysis with exception reporting.
- Assist in designing ERP mapping schemes for inventory transaction accuracy.
- Evaluate the slow-moving inventory reserve as of April, August, and December.
- Monitor and report fixed and variable cost trends periodically by division.
- Serve as a primary liaison for external auditors during physical inventories.
- Identify and communicate internal control weaknesses in inventory processes.
- Implement business intelligence tools like Power BI and Prophix to enhance efficiency.
- Assist in annual budgeting and financial planning.
- Perform other duties as assigned.
QUALIFICATIONS
- Proficiency in Microsoft Office (Excel, Outlook, Word) and ERP systems such as LN, SAP, or Oracle.
- Strong communication skills, both written and verbal.
- Ability to understand and respond to written documentation effectively.
- Experience in manufacturing environments and industry practices.
- Effective collaboration skills with internal teams and external stakeholders.
- Willingness to travel domestically and internationally as needed.
- Must be a U.S. citizen or comply with U.S. export regulations.
- Ability to wear PPE such as earplugs, safety glasses, and safety shoes.
PREVIOUS EXPERIENCE / EDUCATIONAL QUALIFICATIONS
- Bachelor's degree in Accounting required.
- 5-7 years of experience in manufacturing or related fields preferred.
- ERP/MRP system experience preferred.
WORK ENVIRONMENT
This role involves regular travel through manufacturing areas. The environment is primarily an office setting with a climate-controlled atmosphere. Employees are expected to work on-site to perform their duties, supporting our collaborative work environment.
BENEFITS
- Competitive pay and comprehensive health benefits (medical, dental, vision).
- Health Savings Account (HSA), 401(k) with 4% match, and quarterly bonus based on company performance.
- Paid vacation, holidays, personal days, and other perks including Employee Referral Incentives, gym membership reimbursement, and training opportunities.
Oberg Industries is an equal opportunity employer committed to diversity and inclusion. We provide accommodations for applicants with disabilities in accordance with the Americans with Disabilities Act.