Senior Cost Accountant

CIRCOR Aerospace & Defence; Tampa (FL); On-site; USD 65,000 - 95,000; Full time

Job summary

An established industry player is seeking a Senior Cost Accountant to enhance their financial management in Tampa. This role focuses on analyzing manufacturing and operational costs, ensuring compliance with inventory programs, and identifying cost-saving opportunities. The successful candidate will prepare detailed cost reports, conduct variance analyses, and collaborate with project managers to ensure accurate financial reporting. This position offers a dynamic environment where your contributions will directly impact the organization's financial health and operational efficiency. If you're passionate about cost accounting and eager to drive continuous improvement, this opportunity is for you.

Qualifications

• 5+ years of experience in cost accounting in a manufacturing environment.
• Strong understanding of cost accounting principles and variance analysis.
• Proficiency in financial analysis and advanced Excel skills.

Responsibilities

• Prepare cost reports and profitability analysis for product lines.
• Analyze manufacturing costs and identify cost-saving opportunities.
• Oversee inventory valuation and conduct periodic physical inventory counts.

Skills

Cost Accounting Principles

Variance Analysis

Financial Analysis

Microsoft Excel

Inventory Management

Communication Skills

Interpersonal Skills

ERP Systems

Education

Bachelor's Degree in Accounting

MBA

CPA or CMA

Tools

IFS

BPC

Job description

Senior Cost Accountant

BUSINESS: Leslie Controls, Inc

LOCATION: Tampa, FL

DIRECT REPORTING: Manager of Cost & Pricing

FUNCTIONAL REPORTING: Director of Finance

POSITION DETAILS

Position Summary

Leslie Controls is searching for a Senior Cost Accountant to join the Tampa team with a primary focus on all costing, production, and inventory aspects of the business from the finance standpoint. These activities will include analyzing manufacturing and operational costs, oversight and compliance of inventory programs (i.e. cycle counts and physical inventories), identifying cost-saving opportunities and trend analysis of production variances such as work order variance, scrap, rework and labor utilization. This position will play a critical role in the financial management and analysis of the organization's production and manufacturing costs and expenses.

Key areas include: Cost Accounting, variance analysis, journal entries, account reconciliations and financial inventory management.

Principal Activities

• Prepare regular cost reports, cost of goods sold (COGS) analysis, and profitability reports for different product lines, departments, or projects as well as support any COGS and inventory variances that impact ASC606 Revenue Recognition Models.
• Analyze manufacturing costs, overhead expenses, and variances to identify areas of improvement and cost-saving opportunities.
• Monitor and control inventory valuation, including the evaluation of inventory adjustments, write-offs, and reserves.
• Conduct periodic physical inventory counts, cycle count audits and reconciliations to maintain accurate inventory records.
• Evaluate and update ABC codes and count frequencies.
• Analyze inventory turnover rates and make recommendations to optimize inventory levels.
• Analyze and calculate the obsolete and slow-moving inventory reserve.
• Assist in the development of the annual budget and monthly forecast, providing insights on cost drivers and potential cost fluctuations.
• Analyze month-end, month to date financial, historical business trends, and statistical data to understand the cost drivers for variances from budget/forecast/prior year and develop improvement plans with operations.
• Oversee the maintenance and improvement of the cost accounting system to ensure data accuracy and integrity.
• Implement and enhance cost accounting policies, procedures, and internal controls to comply with accounting standards and regulatory requirements.
• Collaborate with project managers to track and analyze project-specific costs, ensuring accurate project accounting and financial reporting.
• Assist with internal and external audits related to cost accounting processes and documentation and ensure compliance with Generally Accepted Accounting Principles (GAAP), Sarbanes- Oxley requirements and other CIRCOR Accounting Policies and Procedures.
• Serves as a business partner with operations to ensure continuous improvement via execution to plan for direct material productivity, labor productivity, and working capital productivity (inventory and accounts payable).
• Support, and at times lead, continuous improvement initiatives in the business for Operations and Finance.

Job Requirements:

Candidate Requirements

Knowledge, Skills & Abilities

• The ability to demonstrate CIRCOR's Values & Absolutes, which are: Customer Intimacy, Team Before Self, Commitment & Accountability, Speed, Excellence & Innovation, Safety, Ethics & Controls
• The ability to demonstrate CIRCOR's Core Competencies, which are: Adaptability, Analytical Thinking, Communication, Customer Focus, Drive for Results & Accountability, Innovation, Leadership, Talent Development, Teamwork & Inclusion, Technical/Functional Skills
• Strong understanding of cost accounting principles, inventory management and variance analysis.
• Proficiency in financial analysis concepts and practices.
• Advanced skill in Microsoft Excel for data analysis and financial modeling
• Capable of researching, retrieving, organizing, and summarizing data sets needed for financial reporting and various ad-hoc analysis.
• Strong attention to detail and accuracy in financial reporting.
• Desire to lead and hold him/ herself accountable.
• Strong interpersonal, written, and oral communication skills.
• Ability to work collaboratively with various business partners.
• Ability to manage multiple tasks simultaneously and meet required deadlines.
• Experience with ERP and financial systems, IFS and BPC are a plus.

Education, Experience & Required Skills

• Bachelor's degree in Accounting, Finance, or related field.
  MBA a plus
• 5+ years of progressive experience in cost accounting, preferably within a manufacturing or production-oriented industry.
• CPA or CMA desired.

CIRCOR is an EEO Employer of Females/Minorities/Veterans/Individuals with Disabilities

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