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Cost Accountant

Company: Quantic UTC
Location: Monterey Park
Posted on: November 18, 2022

Job Description:

The Cost Accountant, reporting to the controller in Monterey Park, CA, will interface with operatives and leaders across multiple departments, including but not limited to Operations, Supply Chain, Facilities management, R&D, and Manufacturing. Responsibilities

  • Responsible for setting up the standard cost for the bill of material, labor, and overhead.
  • Partner with the engineering team to ensure Bill of Material accuracy, including knowledge of cost reduction impact on financials.
  • Perform variance analysis such as direct material (price and quantity) variance, cost revaluation, direct labor (price and efficiency) variance, and overhead variances.
  • Validate and analyze the cost of goods sold as part of the month-end close.
  • Work closely and partner with the warehouse inventory and manufacturing team to monitor, track and improve the factory cycle count process and inventory accuracy.
  • Monitor and keep a record of the fixed asset cycle (purchase, available useful life, retirement, or impairment)
  • Maintain phenomenal relationships with sales and accounting peers to address information reporting needs. Prepare accounting schedules routinely and as requested for internal and external reporting requirements.
  • Document controls, processes, and procedures related to manufacturing.
  • Assist with and ensure successful year-end audits.

    • Bachelor's degree in accounting.
    • Ability to understand the manufacturing environment and the associated financial processes; Knowledge of supply chain, receiving, inventory flow, operations process, and manufacturing principles.
    • Strong ability to assess problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem
    • Ability to effectively analyze transactional level detail in an enterprise resource planning system and articulate the key findings to management.
    • Strong business skills and effective understanding of financial, distribution and manufacturing systems.
    • Ability to multi-task and drive actions to completion under strict deadlines.

Keywords: Quantic UTC, Monterey Park , Cost Accountant, Other , Monterey Park, California

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