Senior Cost Accountant

Addison Group Los Angeles seeks a Senior Cost Accountant to join an ever-evolving manufacturing company located in the Santa Clarita Valley to support the accounting team.

Job - You will perform various cost accounting duties, including inventory valuation, project accounting, and financial reporting.

Job Site Status (online/hybrid/remote) - Our client has a hybrid work schedule of three (3) days per week.

Culture/Environment - You will join a manufacturing environment with people who are committed to quality work and supportive of family and balance in work/life. Experienced leaders provide mentorship.

Compensation/Benefits - Salary range is $100,000-$130,000/year. The hired professional will receive a quarterly bonus as well as the usual health benefits.

SENIOR COST ACCOUNTANT TASKS

Cost Accounting
• Use the company's Material Requirements Planning (MRP) cost accounting system to work with revenue, gross margin, inventory, and variance analysis.
• Calculate Purchase Price Variance (PPV) between projected and actual cost of purchasing materials.
• Prepare monthly Cost of Goods Sold (COGS) reports.
• Work on inventory controls and product costing.
• Analyze inventory valuation discrepancies and correct them.
• Value inventory.
• Oversee physical/cycle counting.
• Prepare reports for management (fixed assets reporting and balance sheet schedules, including prepaids and accruals).
• Prepare month-end reports such as income statement, balance sheet, and other financial reports.
• Create inventory estimates on an annual basis.
• Support the team in inventory reconciliation.
• Participate in preparation of annual budget and periodic forecasts.
• Develop financial forecasting models and complex pricing models in Excel regarding costing.
• Analyze gross margin, other cost of sales, inventory trends, turnover ratios, and production yield data.
• Prepare inventory and manufacturing variances forecasts.
• Improve financial reporting tools.

SENIOR COST ACCOUNTANT QUALIFICATIONS

Required
• Bachelors in accounting, or equivalent work experience
• At least three (3) years of work experience in the cost accounting field
• Cost accounting experience in a manufacturing environment
• Comprehensive understanding of Generally Accepted Accounting Principles (GAAP)
• Comprehensive understanding of Sarbanes-Oxley (SOX)

Preferred
• A CPA or MBA
• Public company experience

SENIOR COST ACCOUNTANT SKILLS

Required

Technical
• Advanced-level Excel proficiency
• Exposure to large ERP systems

Preferred
• Ability to work independently.
• Ability to think critically and analytically.

For all inquiries, submit your resume in MS Word format. All inquiries will be held in the strictest confidence.