Job Description
We are seeking a dedicated Cost Accountant to join our client in Burlington, North Carolina. In this role, you will primarily focus on determining costs within the revenue recognition stream, designing and verifying system-generated reports, and ensuring the use of accurate, timely data for qualitative analysis.
Responsibilities:
• Designing and verifying the accuracy of reports generated from the system
• Establishing and maintaining standard costs for all new products throughout the year
• Ensuring accurate loading of correct coding for parts sold
• Overseeing rules for Customer Order Management (COM) and Inventory Management (IM) within the system
• Conducting annual roll of cost standards and booking standard cost revaluation
• Generating and researching Material Price Variance reports on a weekly and monthly basis
• Reporting Perpetual Inventory to senior leadership team weekly
• Maintaining General Ledger and inventory count of product at consignment locations
• Preparing and reporting Monthly Sales, Cost of Sales, and Inventory
• Conducting monthly preparation of journal entries related to Material Price Variance, cost of sales, and inventory adjustments
• Assigning accounts for Inventory Movements monthly
• Correcting accounts in Inventory Management prior to posting
• Posting all inventory transactions on a monthly basis
• Reporting vendor packaging consignment activity monthly
• Annually booking physical inventory results and reporting year-end inventory balances
• Preparing budget schedules for vacation, holiday, and physical inventory inputs
• Scheduling fringe and personnel allocation calculations
• Calculating annual labor and overhead rates for standard costing
• Conducting wire transfer payments for international vendors, Intercompany locations, and special vendors.
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