Cost Accountant: BOM & Production Cost Analysis

Dairy Farmers of America; Fort Worth (TX); On-site; USD 55,000 - 85,000; Full time

Job summary

Dairy Farmers of America, Fort Worth, TX, seeks an entry-level cost accountant to support monthly cost updates and cost studies for plants and products.

Under direction, you will capture and analyze cost data, monitor variances, prepare standard costs, assist in budgets and audits, and help provide cost-related information for decision making. SAP experience and a CPA preference are valued; manufacturing exposure is a plus.

Qualifications

• Undergraduate degree in accounting, finance, or related field (or equivalent combination of education and experience).
• 0 to 2 years' experience in accounting, cost accounting, or finance.
• SAP experience preferred.
• Manufacturing experience preferred.
• CPA certification/license preferred.

Responsibilities

• Capture and classify cost data to determine the cost associated with products/product lines, projects, or departments
• Compare actual costs to historical or projected costs and report on variances
• Prepare, analyze, and track monthly inventory reserves, material savings, inventory forecast, and standard margin variances
• Monitor purchase price variances and provide monthly analysis of production variances
• Gather system reports and information for governmental reporting and/or other reports (e.g., Market Administrator)
• Prepare timely and accurate monthly standard costs and perform monthly cost rolls for finished products manufactured and purchased along with cost change analysis
• Provide accounts payable cost verifications; conduct and analyze audits of costs and prepare reports
• Accurately set up new finished goods items and Bill of Material (BOM) components
• Initiate and execute changes to BOMs and Bills of Operations
• Assist in preparing cost studies for existing and new items
• Prepare monthly KPI metrics report
• Prepare month end journal entries as requested
• Assist with requests required for external and internal audits
• Assist with preparation of annual budget
• Assist in preparing estimates of new or proposed product costs
• May participate in or oversee regular inventory cycle counts
• The requirements herein are intended to describe the general nature and level of work performed by employee, but is not a complete list of responsibilities, duties, and skills required. Other duties may be assigned as required

Skills

Cost accounting methods

Financial acumen

GAAP knowledge

Communication skills

Independent work

Multi-tasking

Attention to detail

English proficiency

Education

Undergraduate degree in accounting, finance, or related field

0 to 2 years' experience in accounting, cost accounting, or finance

SAP experience preferred

Manufacturing experience preferred

CPA certification/license preferred

Tools

SAP

ERP software

Job description

Dairy Farmers of America, Fort Worth, TX, seeks an entry-level cost accountant to support monthly cost updates and cost studies for plants and products.

Under direction, you will capture and analyze cost data, monitor variances, prepare standard costs, assist in budgets and audits, and help provide cost-related information for decision making. SAP experience and a CPA preference are valued; manufacturing exposure is a plus.