American RENOLIT position: Senior Cost Accountant

Job Title: Senior Cost Accountant

Department/Location: Finance

Directly Reports to: Controller

FLSA Status: Exempt Salary

Date Prepared: MAY 2021

GENERAL PURPOSE OF POSITION

This position is responsible for all cost accounting functions including financial analysis and controls, budgeting analysis and controls, inventory reporting and analysis, and a range of other activity. This position also assists in developing cost accounting procedures. This position is responsible for the creation and maintenance of the company’s annual CAPEX-BUDGET.

ESSENTIAL JOB DUTIES AND RESPONSIBILITES

• Responsible for creation of annual budget and forecasts
• Responsible for all cost accounting reporting and reviews
• Provides controller’s assistance with monthly material cost estimate/inventory valuations to ensure the system is costing items appropriately.
• Responsible for the proper accounting of fixed assets including related documentation and annual physical fixed assets inventories. Responsible for Maintenance of the CAPEX-BDG and monthly reviews
• Analyzes financial data to expose any information useful in improving operating efficiencies and changes in product design, raw material, manufacturing methods, or services provided, to determine effects on cost.
• Assists in identification of continuous improvement savings and responsible for their reporting to Mgmt.
• Provides management with reports specifying and comparing factors affecting prices and profitability of products or services and develops and installs cost accounting system
• Ensure validity and accuracy of ERP through analysis, internal audit, and coordination with inventory control, production and work order processing.
• Assists in developing and documenting policies and procedures, including system requirements and internal controls.
• Other duties as assigned

EDUCATIONAL AND EXPERIENCE REQUIREMENTS

• Bachelors degree in Accounting or related discipline preferred
• 7+ years experience in Cost Accounting
• Manufacturing background (at least 3-5 years accounting experience in mfg environment)

JOB KNOWLEDGE, SKILLS AND ABILITY REQUIREMENTS

• Knowledge of inventory control, budget analysis, P/L reports, and financial controls
• Computer literacy including Microsoft Office, Outlook, and especially advanced Excel skills (pivot tables, graphs and advanced formulas)
• Must have a strong Cost systems background and have excellent analytical skills; sound understanding of accounting principals.
• Understands the demands of the financial close, forecasting, and budgeting process
• SAP experience (3 years +), primarily an understanding of material and cost flows
• Ability to multi-task
• Strong problem solving skills
• Good organizational skills
• Ability to work with colleagues and superiors at all levels
• Good communication skills within the department as well as with other departments
• Dependability on a daily basis
• Positive attitude, flexibility

PHYSICAL REQUIREMENTS

• Ability to walk, stand, push, pull, reach overhead, bend, kneel, crouch and executive repetitive motions 75% of the scheduled shift.
• Ability to lift 10- 20 lbs. periodically during the scheduled shift.