Cost Accounting Manager

Socket.dev; Cambridge (OH); On-site; USD 120,000 - 132,000; Full time

Benefits offered by this job

Competitive Salary

Tuition Assistance

Wellness/Fitness Resources

Training/Development

Employee Stock Purchase Plan

401K Match w/ 2-year vesting period

Bonus Potential

Medical, Dental & Vision Plans

Paid Time Off & Holidays

Flexible Work Schedule

Dynamic Culture & People

Job summary

Quanex is seeking a Cost Accounting Manager in Cambridge, Ohio to establish and maintain internal accounting controls and provide accurate financial reporting in line with GAAP. You will lead standard cost development, cost control, budgeting, and close processes, partnering with Operations and Engineering to optimize production costs.

Ideal candidates have 5–7 years in manufacturing or public accounting, strong Excel and ERP experience, and a Bachelor’s degree in Accounting.

Qualifications

• Bachelor’s degree in Accounting or similar function.
• 5 - 7 years of experience in public and/or manufacturing environments.
• Intermediate to advanced computer skills, including Microsoft Excel, Word, PowerPoint, Teams, etc.

Responsibilities

• Control costs through managing standards, analyzing variances, and implementing improvements.
• Develop standard costs for new inventory part numbers and maintain all standard costs in the ERP system.
• Work with Engineering and Product Development on new business costing for price quoting.
• Assist in preparation of the annual budget, evaluate financial risks, and track spending.
• Participate in monthly, quarterly, and annual closings focused on production, inventory, and fixed assets.
• Support Materials Management in year-end inventory and cycle counts; reconcile to GL.
• Analyze material variances and assist operations in resolving production variances.
• Review monthly reconciliations for inventory and fixed asset accounts.
• Track financial impact of Capital Projects and ensure ROI requirements.
• Collaborate with FP&A to provide analysis and data as required.

Skills

Cost accounting

Variance analysis

ERP systems

Excel

Education

Bachelor's degree in Accounting

Tools

ERP software

Job description

Quanex is looking for a Cost Accounting Manager to join our team located in Cambridge, Ohio.

This position will establish and maintain a system of internal accounting controls to safeguard division assets and will be accountable to provide accurate accounting records and financial reports in accordance with corporate guidelines and generally accepted accounting principles.

We Offer You!

• Competitive Salary
• Tuition Assistance
• Wellness/Fitness Resources
• Training/Development
• Employee Stock Purchase Plan
• 401K Match w/ 2-year vesting period
• Bonus Potential
• Medical, Dental & Vision Plans
• Paid Time Off & Holidays
• Flexible Work Schedule
• Dynamic Culture & People - just to name a few!

What’s attractive about the Cost Accounting Manager position?

• Small department onsite with a huge impact on the success of the company
• Visibility and access to senior leaders in the company
• Working closely with members of the Operations team.

What Success Looks Like:

• Control costs through managing standards, analyzing variances, and implementing improvements and best practices in production.
• Develop standard costs for new inventory part numbers and maintain all standard costs in the ERP system.
• Work with the Engineering and Product Development team on new business costing for price quoting.
• Assist in preparation of the annual budget, evaluate the financial soundness of RFE’s, communicate any financial risks to management, and track and report progress spending.
• Play an integral part in the finance group with monthly, quarterly, and annual closings, primarily focused on activities related to production, inventory, and fixed assets.
• Support the Materials Management group in their year-end physical inventory and ongoing cycle count program. Reconcile the perpetual inventory to the general ledger monthly.
• Isolate and analyze material variances including pricing and usage. Assist operations in resolving production variances.
• Review monthly account reconciliations, primarily for inventory and fixed asset accounts.
• Track and report the financial impact of all Capital Projects meeting Return on Investments.
• Ensure compliance with internal controls, through self-testing, ongoing training and communication and remediation of control weaknesses or exceptions. Assist in management of internal and external audits.
• Calculate and analyze all inventory reserves as required to ensure appropriate inventory valuation.
• Collaborates with FP&A team to provide analysis and data as required.
• Performs other related duties as necessary or assigned.

Your Credentials:

• Bachelor’s degree in Accounting or similar function
• 5 - 7 years of experience in public and/or manufacturing environments
• Intermediate to advanced computer skills, including but not limited to, Microsoft Office products. (Excel, Word, PowerPoint, Teams, etc.)

Salary Range: $120,000-$132,000 commensurate with experience, plus bonus potential

About Quanex, A Part of Something Bigger

Quanex (NYSE: NX) is a global, publicly traded manufacturing company primarily serving OEMs in the fenestration, cabinetry, solar, refrigeration and outdoor products markets. We are A Part of Something Bigger by improving the performance and aesthetics of end products through continuous innovation, helping customers achieve greater production efficiencies, dedication to giving back to communities where we operate, producing shareholder value and helping our employees learn, grow, and thrive. Learn more at Quanex.com.