Cost Accountant - Robert Half

This role also involves working with the company's ERP system, Plex, with a focus on manufacturing processes, quality control, and inventory tracking.

Responsibilities:

• Conduct ongoing gross margin analysis related to inventory and present findings to management to guide decisions regarding profit and loss.
• Oversee inventory accuracy, maintain cost systems, and analyze variances.
• Generate reports, recommend customer pricing, and complete forecasting duties.
• Carry out month-end duties to accurately record costs on profit and loss statements in accordance with generally accepted accounting principles.
• Provide backup support for the Plex Champion role, focusing on inventory item setups, production process setups, and build of materials setups.
• Investigate and resolve issues related to cycle counting variances, scrap adjustments, and manufacturing variances.
• Determine item standard costs by collecting and studying data on labor, raw materials, and other manufacturing activities.
• Maintain accurate standard item cost structures in the Plex system and review standard versus actual costs for inaccuracies.
• Develop costing models for customer pricing and play a key role in setting pricing policies.
• Validate the cost of goods sold and inventory balance sheet accounts as part of the month-end close, including recording necessary reconciling adjustment journal entries.
• Make recommendations and record journal entries for inventory adjustments and reserves.
• Review Build of Materials (BOMs) and recommend changes to the Quality and R& D departments.
• Prepare forecasts of inventory turns using sales and production information.
• Participate in inventory cycle counts to ensure the accuracy of inventory records.
• Analyze capital budgeting requests related to manufacturing.
• Assist other departments with process changes within the ERP system (Plex) and perform system administrator functions as needed.
• Assist with custom report writing, dashboards, and EDI setups within the Plex system.
• Bachelor's Degree is Mandatory with proficiency in Standard Cost Accounting
• Experience with Gross Margin Analysis
• Expertise in Pricing Analysis
• Ability to perform accurate Forecasting
• Understanding of Profit and Loss statements
• Skill in Analyzing Variance
• Familiarity with Cycle Count operations
• Knowledge of Production Processes
• Experience with Bill of Materials (BOM)
• Ability to develop and interpret Cost Models
• Experience in Inventory Reconciliation
• Proficiency in using Plex Manufacturing ERP
• Ability to use VLOOKUP function in Excel
• Skill in creating and manipulating Pivot Tables
• Experience with Inventory Forecasting