Senior Cost Accountant

Rockford, IL

Post Date: 05/24/2017 Job ID: Cost-Rock Industry: Accounting Pay Rate: $75,000 to $85,000

The Senior Cost Accountant is responsible for preparation of financial statements, standard costs, variance and capital expenditure analysis, budgeting and cost control. Responsible for standard costing issues, inventory, & general accounting.

 Essential Duties and Responsibilities:

  • Review bill of materials. Review and set standards. Analyze material purchase price variance.
  • Applies principles of cost accounting to develop product costs, labor and overhead rates.
  • Perform month-end closing, account reconciliations, expense analysis, and financial and operational reporting.
  • Analyzes and prepares reports of actual manufacturing costs (production variances and shop floor labor hour entry) and compares standard costs to actual production costs.
  • Provides timely and accurate financial and operational reports.
  • Assist in review of information related to cost of sales, closed work order variance and gross margin exception analysis for reasonableness.
  • Active in auditing and reconciling physical inventories.
  • Prepare variance analysis and root-cause. Recommend process improvements and corrective actions for problem areas.
  • Participate in the planning, budgeting, and forecasting process.
  • BS in Accounting or Finance
  • 2+ years of cost accounting experience

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