Job Description
We are on the lookout for a meticulous Sr. Cost Accountant to join our client's team located in the Bridgewater New Jersey area. In this role, you will focus on refining cost accounting procedures, conducting in-depth analysis of manufacturing costs, and generating cost reports to support tactical decisions. This position is particularly suited for those with a robust understanding of cost accounting principles and prior experience in a manufacturing or production setting.
Responsibilities:
• Oversee the development, implementation, and maintenance of precise cost accounting systems and protocols.
• Conduct comprehensive analysis and reporting on manufacturing costs, product profit margins, and cost discrepancies.
• Collaborate with operations, supply chain, and finance departments to keep track of cost trends and pinpoint opportunities for cost reduction.
• Generate monthly, quarterly, and annual cost reports for the management team.
• Participate in the month-end and year-end close procedures, focusing on inventory valuation and cost of goods sold (COGS).
• Head the physical inventory count processes and cycle count procedures.
• Examine inventory transactions and ensure they are accurately reported financially.
• Annually review and update standard costs or as necessary.
• Work with various teams to assist in budgeting and forecasting initiatives.
• Ensure adherence to internal controls, organizational policies, and accounting standards (GAAP, IFRS, etc.).
• Provide necessary documentation and explanations during audits.
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