Jul 10, 2012

Senior Cost Accountant


Morris H. Snitowsky, CPA


Division Director ? Parker and Lynch Chicago Finance


 


Duties and Responsibilities (Knowledge, Skills, and Abilities)


 



 
Create the Bill of Materials (BOM) for all new products and utilize Labor Routers along with Overhead calculations for standard cost settings.

 


 
Maintain and update accurate costs for all existing Bills of Material

 


 
Monitor product profitability and identify reasons for decrease in gross margin

 


 
Perform inventory variance analysis and LIFO calculations at year end

 


 
Perform and reconcile quarterly physical inventory counts

 


 

 


 
Identify and research all cost variances

 


 
Establish and set production standards

 


 
Perform other physical inventory counts as necessary

 


 
Verify scrap sales

 


 
Monitor and verify scrap levels in production

 


 
Determine allocation rates for Burden and Indirect Labor for each product group

 


 
Offer suggestions to improve all cost accounting processes.

 


 
Perform other related duties as assigned including those specifically mentioned. When duties and responsibilities change and develop, the job description will be reviewed and subject to changes related to business necessity

 


 
Must possess required knowledge, skills, abilities, and experience to be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed

 


Qualifications


 



 

 


 
Advanced knowledge of the workings of cost accounting and experience with BOMs, Labor Routers and Overhead calculations

 


 


 


 

 


 


 
Deadline oriented ? Ability to multi-task efficiently with the ability to effectively prioritize work on a daily, weekly, and monthly basis
 


Education


 


The ideal candidate will possess five  years of Cost Accounting experience. A minimum of a Bachelor's Degree in Accounting is required.


 


 

 

Job Requirements 

3-5 Years 

 



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