INVENTORY COST ACCOUNTANT

GMT LLC; Caguas (PR); On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

Health insurance with employer/contrib

Sick days

Holidays

Job summary

GMT LLC is seeking a Cost Accountant to join our finance team. The role focuses on ensuring accurate costing and margin reporting for our chilled, frozen food and dry goods.

You will analyze manufacturing costs, maintain BOM components, perform cost audits, and prepare journal entries while adhering to GAAP. A Bachelor's in accounting and at least five years of cost accounting experience, with strong analytical and organizational skills, are required.

Qualifications

• Bachelor's degree in accounting or related field.
• 5 years of Cost Accounting work experience.
• Sound understanding of accounting principles.
• Solid cost systems background.
• Analytical thinker with strong conceptual and problem-solving skills.
• Meticulous attention to detail with superb organizational skills.
• Ability to work under pressure and meet tight deadlines.

Responsibilities

• Maintain costs of raw material and finished goods up to date.
• Analyze manufacturing costs of raw materials and maintain bill of materials components including cost type, overhead, quantities, scrap, etc.
• Recognition of assembly of finished goods including any cost variances.
• Assign all components of landed costs of finished goods.
• Prepare and complete internal cost audits.
• Analyze cost revaluation effect in the general ledger.
• Responsible for inventory valuation method and cost of goods sold.
• Comply with GAAP for financial statements.
• Analyze the data collected and log a detailed record of the results.
• Analyze changes in goods or services to determine effect on cost.
• Assist in audits and general ledger preparation.
• Conduct physical inventories and monitor the cycle count program.
• Prepare journal entries.

Skills

Cost accounting

GAAP knowledge

Analytical thinking

Attention to detail

Time management

Education

Bachelor's degree in accounting

Job description

GMT was founded in 1986, we are dedicated to the sale and distribution of chilled, frozen food and dry goods.

• Maintain costs of raw material and finished goods up to date.
• Analyze manufacturing costs of raw materials and maintain bill of materials components including cost type, overhead, quantities, scrap, etc.
• Recognition of assembly of finished goods including any cost variances.
• Assign all components of landed costs of finished goods.
• Prepare and complete internal cost audits.
• Analyze cost revaluation effect in the general ledger.
• Responsible for inventory valuation method and cost of goods sold.
• Comply with Generally Accepted Accounting Principles (GAAP) for financial statements.
• Analyze the data collected and log a detailed record of the results.
• Analyze any changes in goods or services provided to determine what effect it has on the cost.
• Assist in audits and general ledger preparation.
• Conduct physical inventories and monitor the cycle count program.
• Prepare journal entries.

Qualifications:

• Bachelor's degree in accounting or related field.
• 5 years of Cost Accounting work experience.
• Sound understanding of accounting principles.
• Solid cost systems background.
• Analytical thinker with strong conceptual and problem-solving skills.
• Meticulous attention to detail with superb organizational skills.
• Ability to work under pressure and meet tight deadlines.

Schedule:

• Exempt

As a regular employee, GMT can offer you:

• Health insurance with employer contributions
• Sick days
• Holidays

GMT LLC. is an equal opportunity employer where an applicant's qualifications are considered without regard to race, color, religion, sex, national origin, age, disability, veteran status, genetic information, sexual orientation, gender identity or expression, or any other basis prohibited by law