Cost Accountant — SAP CO, Inventory & Manufacturing

DHD Consulting; New York (NY); On-site; USD 70,000 - 90,000; Full time

Job summary

A financial consulting company in New York, NY is seeking an experienced cost accountant with strong knowledge of GAAP and SAP. The role involves preparing month-end closing procedures, collaborating with various departments, and conducting cost analyses. Candidates must have a Bachelor's Degree in Accounting or Finance along with 2+ years of experience. The position requires strong analytical and communication skills, with an emphasis on attention to detail. This role is critical for maintaining accurate financial records and handling internal audit processes.

Qualifications

• 2+ years of experience as a cost accountant.
• Ability to prioritize multiple tasks while maintaining attention to detail.
• Strong analytical mindset suitable for interpreting and analyzing data.

Responsibilities

• Assist in the preparation of month end closing procedures for cost module.
• Collaborate with departments for month end close information.
• Perform detailed cost analysis and provide estimates for projects.

Skills

SAP CO Module Experience

Knowledge of GAAP/IFRS

Strong communication skills

Account reconciliation

Variance analysis

Education

Bachelor's Degree in Accounting, Finance, or related field

Tools

SAP NetWeaver

SAP FI

SAP MM

SAP PP

Job description

(The main objective/purpose of the role is to be summarized in one to three short paragraphs)

Experienced Finance professional with a trajectory in consumer goods and an advanced degree in accounting or related areas, with a combination of experience in multi-channel sales environment, evolving manufacturing of numerous SKUs, sophisticated financial reporting and partnering with key supply chain and operational areas.

Principal Accountabilities

(List accountabilities of the role)

• Assist in the preparation and execution of month end closing procedures for the cost module.
• Ensure all cost-related transactions are accurately recorded and posted within the closing period.
• Collaborate with production and purchasing departments to gather necessary information for the month end close.
• Communicate any discrepancies or issues identified during closing process to relevant teams for resolution.
• Maintain comprehensive documentation of all month end closing activities and cost related transactions.
• Oversee the costing of inventory and production activities.
• Assist in annual physical inventory count and external auditors liaison and coordination.
• Conduct regular inventory reconciliations and variance analysis.
• Manage and update product costing in SAP ensuring alignment with actual costs.
• Maintain and update cost accounting systems and processes within SAP.
• Perform detailed cost analysis and provide cost estimates for various projects.
• Maintain and update standard cost models for products.
• Support internal and external audit by providing necessary documentation and explanations related to cost accounting.
• Perform other job-related duties as required.
• Ability to travel to manufacturing site (Whiting, VT) daily and resolve any issues that may arise.

Key Experience and Skills

(Qualification level, experience, skill sets and personal attributes required for the job)

Qualification and Experience

• Bachers Degree in Accounting, Finance or related field is required with 2+ years of experience as a cost accountant
• Sound knowledge of GAAP/IFRS along with other accounting and cost control principles
• Strong communication (written and verbal) skills along with an analytical/technical mindset.
• Ability to handle and prioritize multiple tasks while maintaining focus and attention to detail and properly handling confidential financial information.

Skill Sets

• SAP CO Module Experience is a Must (SAP NetWeaver)
• Additional relevant SAP modules (FI, MM and PP) is a plus
• Strong knowledge of cost accounting principles and practices
• Experience with account reconciliation and variance analysis.

Personal Attributes

• Ensures thoroughness in all tasks and projects.
• Able to interpret and analyze data effectively.
• Actively seeks opportunities to improve processes and outcomes.