Cost Accounting Manager

Quanex; Zanesville (OH); On-site; USD 95,000 - 116,000; 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 to join our team in Trumann, AR or Zanesville, OH. You will establish internal controls, develop standard costs, and collaborate with manufacturing and engineering to support pricing and budgeting.

This role offers exposure to senior leaders, a chance to impact the cost structure of our production operations, and opportunities to optimize inventory valuation and financial reporting.

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 Office products (Excel, Word, PowerPoint, Teams).

Responsibilities

• 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, 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, focused on production, inventory, and fixed assets.
• Support the Materials Management group in year-end physical inventory and cycle counts; reconcile perpetual inventory to the GL monthly.
• 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 financial impact of Capital Projects meeting ROI.
• Ensure compliance with internal controls, assist in audits, and remediate weaknesses.
• Calculate and analyze all inventory reserves as required to ensure proper valuation.
• Collaborate with FP&A to provide analysis and data.

Skills

Cost accounting

Variance analysis

Budgeting

ERP systems

Internal controls

Financial reporting

Education

Bachelor’s degree in Accounting or similar function

5 - 7 years of experience in public and/or manufacturing environments

Tools

Microsoft Office (Excel, Word, PowerPoint, Teams)

Job description

Quanex is looking for a Cost Accounting Manager to join our team located in Trumann, Arkansas or Zanesville, 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: $95,000-$116,000 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.