Senior Cost Accountant at Electric Mirror LLC – Everett, Washington
About This Position
Position Overview
This position is primarily responsible for directing activities of product costing, product manufacturing analysis, inventory valuation, and monthly closing of the books associated with inventory and COGs. The position provides recommendations to senior management in support of the achievement of company goals.
Essential Job Functions
- Perform month-end close activities related to Inventory and COGs.
- Prepare actual vs. plan (budget) analysis related to COGs.
- Prepare various financial analyses related to manufacturing costs, inventory, and expense information for various customers as needed for decision-making support.
- Set up new raw material, packaging, WIP, and FG line items; Create and maintain production BOMs; Maintain periodic cost rolls/updates
- Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.
- Analyzes actual production costs and prepares periodic reports comparing standard costs to actual production costs.
- Maintain and analyze overhead/burden rates associated with Inventory and COGS via analysis and interface with Operations management
- Records cost information for use in controlling expenditures.
- Prepares estimates of new and proposed product or service costs.
- Recommends cost efficiencies in new product layouts.
- Provides management with reports specifying and comparing factors affecting the prices and profitability of products or services.
- Develop and maintain standard costs of finished goods and production components in a worldwide ERP system.
- Maintain and improve processes and controls associated with manufacturing costs and inventory valuation.
- Lead and manage the periodic excess and obsolete inventory review process.
- Support and analyze metrics used to evaluate plant operational efficiency.
- Ensure the validity and accuracy of ERP through analysis, internal audit, and coordination with inventory control, production, and work order processing.
- Lead efforts in establishing job and project cost accounting.
- Assist in developing and documenting policies and procedures, including system requirements and internal controls.
- Represent Finance/Accounting on teams designed to improve operations, reduce costs, etc.
- Other duties and responsibilities as assigned by your supervisor.
Compensation and Benefits
- Salary Range: $105,000 to $120,000/year
- Benefits: Medical, dental, vision, life, company-paid short-term and long-term disability, 401K, 15 days paid time off, 60 hours of paid holidays a year, and an employee assistance program.
Safety Responsibilities:
Electric Mirror's Leadership is committed to Zero Injuries, Illnesses, and Incidents, and we are all responsible for doing our part to help keep our business operating safely. If you hold a Leadership role at EM, it is your responsibility to help create a safe working environment for your employees.
Alongside the regular duties as described in your job description, in this position, you will be responsible for focusing on:
- Reducing workplace incidents and injuries
- Promoting safe practices and identifying unsafe conditions and acts
- Engaging your teams and collaborating with others to make safety a shared responsibility
- Recognizing the value of safety throughout the organization
- Implementing a structure to ensure the employees can achieve and maintain high standards of safety performance
- Being proactive, preventative, and integrated into the safety culture of the entire organization
- You will intervene when unsafe acts of situation are observed in any department at EM
- You are responsible for submitting documentation regarding near-miss or accident reports to the appropriate parties
NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.
Requirements:Competencies
- Extensive hands-on ERP system experience and working knowledge of SQL
- Excellent analytical skills with a strong focus on accuracy and attention to detail
- Excellent communication skills and high confidence in stating professional opinions
- Strong grasp of GAAP accounting and general accounting concepts
- Extremely strong Excel skills, especially in advanced financial modeling and analytical techniques
- Demonstrated ability to streamline and automate complex processes
Physical Demands
- Mostly a sedentary role; minimal walking, bending, reaching
- Ability to lift, pull, or push up to 20 lbs.; anything over 50 lbs. is to be assisted.
Position Type and Expected Hours of Work
- Full Time.
- Salaried/Exempt
- M-F, hours vary
Required Education and Experience
- Bachelor's degree in Accounting or Finance.
- 5+ years of accounting experience; cost accounting required
- 3+ years of operational experience, especially with inventory and plant operations.
Preferred Education and Experience
- CMA and/or CPA certification is a plus.
- Demonstrated experience in a manufacturing environment and ERP applications/interface.
- Epicor (Kinetic) experience is a plus.