Cost Accountant I - Inventory & BOM Analysis

Dairy Farmers of America, Inc.; Fort Worth, Northern (TX, KY); Hybrid; USD 60,000 - 82,000; Full time

Job summary

DairyFarmers of America (DFA), a dairy marketing cooperative, is seeking a cost accounting professional to provide monthly cost analyses for plants and areas, supporting business decisions and financial reporting.

You will capture cost data, analyze variances, prepare monthly inventory reserves, cost rolls, and assist with audits and budgets. SAP experience and manufacturing insight are preferred; undergraduate degree in accounting/finance required; CPA preferred.

Qualifications

• Undergraduate degree in accounting, finance, or related curriculum (or equivalent combination of education and experience)
• 0 to 2 years’ experience in accounting, cost accounting, or finance
• SAP experience preferred
• Manufacturing experience preferred
• Certification and/or License – CPA 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 from appropriate groups needed to complete governmental reporting and/or other reports
• 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
• Other duties may be assigned as required

Skills

Cost accounting

GAAP

SAP

ERP software

Financial analysis

Attention to detail

Communication

Education

Undergraduate degree in accounting/finance

CPA preferred

Tools

SAP

Microsoft Excel

Job description

DairyFarmers of America (DFA), a dairy marketing cooperative, is seeking a cost accounting professional to provide monthly cost analyses for plants and areas, supporting business decisions and financial reporting.

You will capture cost data, analyze variances, prepare monthly inventory reserves, cost rolls, and assist with audits and budgets. SAP experience and manufacturing insight are preferred; undergraduate degree in accounting/finance required; CPA preferred.