Position Summary:

The role involves delivering precise and comprehensive cost and financial analyses to enhance business operations and decision-making. Responsibilities include reconciling inventory records with physical counts, addressing discrepancies, and recommending corrective measures. As an integral member of the financial team, the position contributes to the budgeting and month-end closing processes. It also applies cost accounting principles to conduct in-depth studies, providing detailed cost insights not covered by general accounting systems.

Duties and Responsibilities:

• Oversee the setup and maintenance of the standard costing system for new items.
• Coordinate weekly reconciliations of cycle counts for Finished Goods and Raw Materials inventories.
• Ensure transaction accuracy across all inventory locations.
• Calculate and record month-end inventory and cost journal entries.
• Engage in inventory-related projects and report on material usage and variances.
• Manage physical inventory counts and cycle counts.
• Investigate and resolve cycle counting variances.
• Update standard costs within the bill of materials.
• Review standards and actual costs to identify inaccuracies.
• Validate cost of goods sold during the month-end close.
• Accumulate and apply overhead costs in compliance with GAAP.
• Collaborate with Purchasing and Manufacturing to review obsolete inventory across all sub-inventories.
• Perform ongoing process constraints analysis and report on break-even points and margins by product and division.
• Support the Sales team in validating new quotes and work with the Engineering group to calculate ROI on capital projects.
• Undertake other duties as required or requested.

Supervisory Responsibilities:

None

Education and Experience:

• Bachelor’s degree in Accounting, Finance, or a related field from an accredited institution.
• At least five years of relevant experience in cost accounting or related roles, or an equivalent combination of education and experience.
• General ledger or financial accounting experience is required.

Qualifications:

• Proficient problem-solving skills with the ability to manage various concrete variables in situations with limited standardization.
• Capability to interpret a range of instructions presented in written, oral, diagrammatic, or schedule form.
• Excellent verbal and written communication skills in English.
• Proficiency in MS Excel and familiarity with manufacturing software is essential.
• Experience with SAP or a comparable ERP system is preferred.
• Prior experience in a manufacturing environment is required.

Job Type: Full-time

Pay: $85,000.00 - $95,000.00 per year

Benefits:

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

Physical Setting:

• Office

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Education:

• Bachelor's (Required)

Experience:

• Cost Accounting Standards: 5 years (Required)
• Microsoft Excel: 5 years (Required)

Ability to Relocate:

• Fall River, MA: Relocate before starting work (Required)

Work Location: In person