Mangrum

Cost Accountant

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  • Indianapolis, IN, USA
  • 2021-11-19

Are you a Cost Accountant who wants to play a key role in a growing manufacturing company?  If you can answer “yes” to this question, you should consider this opportunity?

 

Our client is part of a publicly held company and is a manufacturer of flexible packaging, dispensing, and filling solutions for the food & beverage and health and beauty markets. As Cost Accountant, reporting to the Controller,  you will maintain the manufacturing costing system for two plant locations,  and you will be responsible for ensuring that costing data is complete, accurate, and timely. In this role you will partner with operational and engineering personnel to find and implement cost reduction opportunities and provide business leadership with cost analysis in support of business decisions.  As Cost Accountant you will play a central role in not only keeping track of costs but in connecting discussions across all manufacturing disciplines. 

 

Primary Duties and Responsibilities:

 

  • Maintain the standard cost system including the updating of rates and throughputs
  • Collect and analyze operational cost data
  • Provide timely, relevant variance analysis on material labor, and overhead costs
  • Detailed tracking of physical inventory and ownership of key elements of both cycle counting and routine physical inventory count process
  • Prepare margin analysis and variance reports (product, customer, product group) and provide insight to business partners regarding product line and customer profitability
  • Business partnership with Operations and other functions in understanding and driving improvements in production costs and inventory
  • Analysis to support business decision in the area of sales and gross margin including analysis and reporting on volume and mix impacts on the business’ cost profile
  • Initiate and support profitability projects related to existing and new business
  • Prepare budgets and forecasts for product costs and inventory and provide variance analysis to those budgets
  • Assist with product pricing process
  • Maintain KPI’s to track progress to established operating targets
  • Update Bill of Materials in ERP
  • Support and validate results for all productivity projects
  • Assist with sales forecast and SIOP planning
  • Standard cost absorption testing
  • Capital asset tracking and summarization
  • Perform account reconciliations
  • Active role in Account payable processes
 
As Cost Accountant your background should include:
 
  • BS in accounting or finance
  • 3+ Years related experience
  • Manufacturing experience
  • High level of skill using Excel to manipulate data and provide useful analysis
  • Good communication skills, ability to work effectively with others
  • Accuracy, attention to detail, well organized, ability to meet deadlines
  • Experience with report writing tools
 
Our client is seeking local candidates, as there is no relocation package offered.