Sr Cost Accountant

Job Title: Senior Cost Accounting Analyst

Location: Minneapolis, MN OR Lincoln, NE

Salary: $80-90K

Job Summary of the Senior Cost Accounting Analyst: The Senior Cost Accounting Analyst is responsible for overseeing plant inventory valuation while assisting corporate accounting operations, inventory accuracy, analyzing standard costs, and executing internal controls and compliance. The Inventory Cost Accounting Senior Analyst will partner with plant operations, engineering, and purchasing to develop, review, and maintain standard costs. The Inventory Cost Accounting Senior Analyst is an individual contributor who will interact closely with manufacturing, purchasing, new product development, and finance to deliver timely information about inventory cost and valuation accuracy while establishing a workflow for item master accuracy.

Responsibilities of the Senior Cost Accounting Analyst:

Perform inventory valuations and inventory reserve calculations

Work with Operations and Purchasing to set standard costs

Calculation of resin-related rebates, and credits, and provide related monthly usage analysis

Execute cost-volume-profit (CVP) analysis

Perform inventory and related account reconciliations

Recommending changes around processes and policies to reduce cost and maximize profit

Ownership of the capitalized variance calculation and intercompany margin elimination

Ownership of annual physical inventory and development of cycle count process

Report summary of physical inventory adjustments

Review item master accuracy and validate expected fields are consistency populated

Pricing and margin review and analysis

Monitor inventory transactions for errors in unit of measure, costing and transaction type

Assist with business acquisitions and system integrations related to standard costs, bill of materials and routings

Review PPV and partner with other departments to resolve inventory valuation and purchase price issues

Perform assigned month-end close duties including, but not limited to, calculating accruals, calculating overhead burden rate, entering journal entries and reconciling general ledger accounts

Develop gross margin reporting to identify item costing deficiencies and develop processes to fix and maintain the accuracy of inventory valuation for active items and new business acquisitions

Assist with annual financial audit and interim audit procedures

Assist in the implementation of internal controls including evaluating, recommending, maintaining, and monitoring appropriate internal controls

Participate in system enhancements and integration efforts throughout the organization

Interact with internal and external stakeholders in responding to inquiries or Powerlink financial data reporting and ad hoc reporting requests

Consistently support compliance by maintaining the privacy and confidentiality of information, protecting the assets of the organization, acting with ethics and integrity, reporting non-compliance, and adhering to applicable federal, state and local laws and regulations, accreditation and licensure requirements (if applicable), and the Company's policies and procedures

Requirements

Qualifications of Senior Cost Accounting Analyst:

Bachelor's degree in accounting

6+ years of progressive accounting experience (GL, reporting, costing, public accounting)

Must be flexible to work extended hours during month-end close and year-end close.

Manufacturing/assembly/ distribution background

Infor XA system experience a plus

CPA is a plus, but not required

Month-end close experience including the creating and posting of journal entries

Balance sheet reconciliation preparation

Qualification

Bachelor's Degree