Cost Accounting Assistant

The Watkins Company; Winona (MN); Hybrid; USD 42,000 - 60,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

401k match

PTO and holidays

Job summary

The Watkins Company, located in Winona, MN, is hiring a Cost Accounting Assistant for a full-time hybrid role. Work is three days in the office and two days remote, with responsibilities spanning cost reports, standard costing, and close activities.

The ideal candidate has an associate degree in accounting/finance or related experience and is proficient in Microsoft Office. We offer a strong benefits package including comprehensive medical, dental, life insurance, a generous PTO plan, holidays,

Qualifications

• Associate degree in accounting/finance or related field, or equivalent experience.
• Minimum 6 months working in an accounting function related to cost accounting, financial analysis, or general accounting.
• Proficiency in Microsoft Office (Excel, Word, PowerPoint) for analysis and reporting.

Responsibilities

• Aggregate and compile accounting cost reports (total cost, selling prices, rates, profits, etc.).
• Calculate labor, materials, and time costs; assess relation of sales to cost and overhead expenditures.
• Prepare records like time sheets, payroll records, charts, and schedules for cost calculations.
• Develop and maintain standard costs for current and new products; support monthly close for COGS and variances.
• Assist with annual physical inventory process and GL reconciliation; provide internal analysis.

Skills

Cost accounting

Financial analysis

General accounting

Education

Associate degree in accounting/finance or related field

Tools

Excel

Word

PowerPoint

Job description

Cost Accounting AssistantMonday – Friday – Full TimeHybrid Work Capability – 3 days in the office; 2 days remoteThe Watkins Company has been a pioneer in natural flavoring products since 1868. From our world famous Vanilla Extract, to our unique Cinnamon and Black Pepper, The Watkins Company continues to be innovative in categories including but not limited to Extracts, Spices, Dry Seasoning Mixes, Bitters, and Baking Decorations. Today, we are seeking a new member to join the fastest growing flavoring company in North America.The Watkins Company is excited to announce the opening for a full time, Cost Accounting Assistant located in Winona, MN. The duties and responsibilities of the Cost Accounting Assistant include, but are not limited to the following:Aggregates and compiles accounting cost reports showing total cost, selling prices, rates profits, or other cost information needed for proper cost accounting.Calculates individual items, such as labor, materials, and time costs, relationship of sales or revenues to cost, and overhead expenditures.Prepares and examines records such as time and production sheets, timekeeping and payroll records, operations charts, and schedules, to obtain data for calculations.Assists in developing and maintaining accurate standard costs for current and new products.Works closely with the Accounting and Production teams and performs analysis as needed.Assists in monthly closing activities as they relate to the areas of COGS - including standard costs, freight, manufacturing costs and all variances.Works with the Accounting team on the annual physical inventory process.Maintains and ensures accurate and timely perpetual inventory and General Ledger reconciliation.Assists in providing analysis to internal customers.Assists in other general accounting areas, as needed.In addition to working in a strategic, dynamic and collaborative work environment, with a tight knit team, The Watkins Company offers a competitive benefits package including best in class Medical, Dental, Life and AD&D Insurance, 100% employer paid leave, as well as a flexible working environment, hybrid scheduling for remote and in office work, generous PTO package available upon hire, 10 fully paid holidays, and $1 for $1 401k match program.The Watkins Company is an Equal Opportunity Employer. #LI-HybridOur ideal candidate will at minimum:Possess or are working toward associates degree in accounting, finance, or related field; or equivalent experience.Minimum 6 months working in an accounting function related to cost accounting, financial analysis, and/or general accounting.Demonstrate intermediate proficiency in Microsoft Office including Excel, Word and PowerPoint.