About Astrodyne TDI
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Industry
Electrical equipment, appliance, and component manufacturing
Company size
501 - 1,000 Employees
Headquarters location
Hackettstown, NJ, US
Year founded
1994
$105K - $110K/yr
Full-time
Posted 26 days ago
Job description
As our Cost Accountant, you'll play a pivotal role in steering the financial accuracy of our global manufacturing operations. This position is designed for those who not only excel in accounting but understand the complexities of manufacturing environments. Reporting directly to the Corporate Controller, you will be instrumental in managing and maintaining precise product costing, refining costing methodologies, and overseeing inventory policies across our global sites.
Key Responsibilities:
- Deliver accurate and timely financial reports on Purchase Price Variance, Manufacturing Variances, and Inventory Adjustments, including scrap, during weekly and month-end closings.
- Maintain and enhance costing methodologies to keep pace with changes in manufacturing processes.
- Uphold strict corporate controls on costing, inventory cycle counts, and scrap management.
- Conduct thorough analyses on purchase price variances and manufacturing variances to identify root causes and implement corrective actions in collaboration with Supply Chain and Operations teams.
- Ensure compliance with corporate inventory cycle count policies.
- Act as a subject-matter expert on our ERP system (Epicor), focusing on product costing, and provide assistance to Cost Accountants at our foreign sites.
- Engage in additional projects as required, demonstrating a proactive and collaborative approach.
Qualifications:
- A Bachelor's degree in Accounting is preferred; however, direct experience in cost accounting within a manufacturing setting will be considered.
- At least 3 years of experience as a Cost Accountant in a multi-entity manufacturing environment.
Preferred Qualifications:
- Certification in Management Accounting (CMA) is a plus but not mandatory.
- A proactive, energetic, and inquisitive individual who is comfortable being hands-on.
- Excellent multitasking skills to meet various time commitments.
- Proven ability to communicate financial information in a meaningful way to non-financial personnel.
- A team player who works well across all levels of the organization.
Salary Range: $105,000-$110,000
AAP/EEO Statement
Astrodyne TDI is an Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, sexual orientation, gender identity, national origin, age, citizenship status, marital status, disability, military status, genetic information, or any other legally protected status.
NOTICE TO THIRD PARTY AGENCIES:
Please note that Astrodyne TDI does not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Recruitment Fee Agreement, Astrodyne TDI will not consider or agree to payment of any referral compensation or recruiter fee. In the event a recruiter or agency submits a resume or candidate without a previously signed agreement, Astrodyne TDI explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Astrodyne TDI.
astrodynetdi.com
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Frequently asked questions
Q: What skills or qualities help someone succeed as a Cost Accountant?
A: To succeed as a Cost Accountant, key technical skills include proficiency in accounting software such as SAP or Oracle, expertise in financial analysis and budgeting, and knowledge of Generally Accepted Accounting Principles (GAAP) and cost accounting methodologies. Soft skills that contribute to success in this role include strong analytical and problem-solving abilities, effective communication and collaboration skills, and attention to detail and organizational skills. These strengths enable Cost Accountants to accurately analyze and report financial data, identify areas for cost reduction, and provide valuable insights to inform business decisions, ultimately supporting career growth and effectiveness in the role.
Q: What is the career path for a Cost Accountant?
A: A Cost Accountant's typical career progression involves starting as a Junior Cost Accountant, where they assist in financial statement preparation and cost analysis, then advancing to a Senior Cost Accountant role, overseeing budgeting, forecasting, and financial reporting. Mid-level roles, such as Cost Accounting Manager, involve leading teams and implementing cost-saving initiatives, while senior roles, like Director of Cost Accounting, focus on strategic planning and process improvement. Throughout their career, Cost Accountants can develop skills in financial modeling, data analysis, and business acumen, preparing them for long-term career prospects in finance, management, or consulting roles.
