Sr. Cost Accountant
SUMMARY
The Senior Cost Accountant is responsible for managing and
maintaining the cost accounting system, incorporating understanding of
manufacturing operations, inventory analysis, and GAAP.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Calculate impact of cost changes to Inventory.
- Set Up and update cost types for items.
- Manage all product cost accounting activities in the factory operations.
- Review all work order variances prior to closing for potential corrections.
- Prepare and provide monthly variance reporting for presentation to management.
- Prepare and provide monthly absorption analysis and data for domestic and international manufacturing operations.
- Maintain a professional working relationship with representatives of sales, inventory, purchasing, manufacturing, and engineering to correct and improve procedures to reflect accurate manufactured products cost and inventory.
- Prepare annual overhead standard rate and material revaluation to include all analysis, cost and rate loading.
- Recommendations to make changes to the company's processes and policies to reduce cost and maximize profit.
- Prepare monthly flash estimate of work order variance.
- Analyze changes in product design, raw materials, manufacturing methods, or services to determine effects on costs and conducts root cause analysis.
- Prepare monthly journal entries related to cost accounting activities.
- Reconcile intercompany inventory clearing account.
- Assist with annual audits.
- Assists with month-end and year-end inventories.
- Advising executives and upper management on appropriate costing based on financial data.
- Monthly travel to Godley, TX required.
QUALIFICATION REQUIREMENTS
- Bachelor's degree (B. A.) in accounting or related field from four-year college or university required.
- Ten plus years' experience in manufacturing, multi-location, international business required.
KNOWLEDGE, SKILLS & ATTRIBUTES
- Strong communication skills mandatory for interfacing with various levels within the company - Manufacturing, Purchasing, Accounting/Financial reporting, Operations, Senior Management, Corporate office, Engineering, and Location staff.
- Solid skills and experience with development/application of standard cost method and performed revaluation of existing product standard costs a plus.
- Proficient in the areas of General Accounting, General Ledger and Sub ledger, variance analysis, and use of ERP systems (Oracle experience a plus).
- Excellent analytical, problem-solving, and decision-making skills.
- Proficiency in Excel, experience in manipulating large databases a plus
Core Laboratories, including all of its affiliated and related entities, is an equal opportunity employer and is committed to creating an inclusive environment for everyone. Employment decisions are made regardless of characteristics including, but not limited to, race, color, sex, sexual orientation, gender identity, national origin, age, disability, religion, genetic information, protected veteran or uniformed service member status, and any other characteristic protected under applicable law. |
Core Laboratories
Apr 30, 2025