Cost Accountant

Job Position: Cost Accountant
Target Pay Range: $80,000-$100,000/year, depending on level of relevant experience and qualifications
Employment Classification: Full-Time

Cost Accountant:
Are you an experienced, detail-oriented cost accounting professional? Stratus Group is seeking a skilled cost accountant to join our dynamic finance team. As a Cost Accountant, you will play a crucial role in managing and analyzing financial data, particularly inventory and cost of goods sold to ensure accurate cost reporting and contributing to our company’s success.

Duties and Responsibilities:

• Cost Analysis and Reporting:
  • Analyze cost of goods sold and investigate variances
  • Track, collect, analyze, and report on cost accounting data
  • Prepare standard cost reports, monitor inventory labels, and conduct cost comparison between standard vsactual costs
  • Perform product costing analysis and track variances
  • Make accurate journal entries to reflect cost-related transactions
• Inventory Oversight:
  • Take a leading role in automating inventory management and cost tracking process utilizing an ERP system
  • Track accurate inventory records of purchases, production, and depletion of inventory
  • Reconcile periodic inventory count with accounting records and investigate discrepancies
  • Monitor the accumulation of direct labor, overhead, and other manufacturing related costs.
  • Perform inventory KPI ratio analyses and determine a reasonable estimate of reserve for obsolete and slow-moving inventory
• Collaboration and Accuracy:
  • Work closely with other departments to ensure precise costing, budgeting, and forecasting processes.
  • Investigate discrepancies in financial records and contribute to month-ending closing activities.
  • Interpret accounting rules and maintain compliance with US Generally Accepted Accounting Principles (GAAP)
• Strategic Cost Management:
  • Develop strategies to reduce costs and optimize product pricing
  • Study pricing models to maximize return on investment for the company
• Other duties as assigned

Qualifications and Experience:
• Bachelor’s Degree in Accounting, Finance, or a related field with an emphasis on accounting.
• CPA or CMA certification highly preferred.
• Minimum of 3 years of experience in cost accounting in a manufacturing environment, preferably CPG or food manufacturing industry, with a deep understanding of cost accounting.
• Strong analytical mindset and problem-solving skills.
• Expert level of proficiency in Microsoft Excel – with the ability to analyze and summarize large sets of data into meaningful and actionable presentation.
• Familiarity with ERP systems and inventory management tools, such as Aspen Canopy, or other related accounting software.
• Familiarity with GAAP and month-end closing activities.
• Excellent communication and collaboration abilities.
• Must be able to work onsite, Monday through Friday.

Benefits Overview:
• Holiday Pay
• Paid Time Off
• Health Insurance
• Vision Insurance
• Dental Insurance
• Accident Insurance
• Life Insurance
• Flexible Spending Account (FSA)
• 401k

Note: The statements herein are intended to describe the general nature and level of work being
performed by employees assigned to this classification. They are not intended to be construed as
an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.