United Concrete Products Hiring for Cost Accountant Job at Yalesville, CT Full Time

The Cost Accountant’s role is to maintain and control job cost by collecting direct costs and allocating indirect costs using a sound application methodology. Project cost reports comparing actual costs vs. estimated costs are evaluated daily with monthly summaries. Reporting is critical by keeping management aware of each project’s progress as well as sound an alert when cost overruns will lead to reduced profitability.

Essential Duties and Responsibilities include the following:

• Create and validate Bill of Materials and Routing Sheets.

• Review, analyze and update standard product costs as they relate to labor, material and overhead.

• Reconcile daily labor reporting via the time and attendance system.

• Analyze factory overhead cost drivers and develop a methodology for allocating these costs to specific jobs. Monitor actual versus absorbed factory overhead on a monthly basis and together with the Chief Financial Officer (“CFO”), determine if the allocation methodology should be adjusted.

• Variance analysis – recovery of indirect cost, simulating effects due to mix or volume changes.

• Perform month-end accounting activities such as closeout completed customer projects (jobs) by ensuring all material, labor and outside service costs are recorded, reconciling inventory and related reserve balances to the general ledger, and analyzing variances and cost of goods sold. Coordinate these activities with the CFO in support of timely issuance of financial statements.

• Create and distribute detailed monthly job cost reports to senior management.

• Preform analysis related to transportation costs.

• Provide financial support to other functional areas of the Company:
• Manufacturing – work with the production staff to identify cost savings projects, analyze and forecast the impact on the cost structure if implemented.
• Inventory Control – investigate inventory adjustments resulting from periodic cycle counts.
• Purchasing – analyze purchase price variances & monitor material price trends to support price negotiations with vendors.

QUALIFICATIONS:

• Bachelor’s degree in Accounting, Finance or Business Administration required.

• 3-6 years demonstrated experience working in cost accounting, reporting, and cross team collaboration within a manufacturing environment required. Job cost experience a plus.

• Excellent analytical and reasoning skills, plus excellent organization skills required.

• Knowledge of ERP and accounting systems; experience with Microsoft Office Suite required. SAGE experience is highly desirable.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Paid sick time
• Paid time off

Physical Setting:

• Office

Schedule:

• Monday to Friday

Supplemental Pay:

• Bonus pay

Work Location: One location