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Cost Accountant

Company: International Manufacturing Company
Location: Little Rock
Posted on: February 15, 2020

Job Description:

Knowledge of Material and Labor cost flow assumptions in a manufacturing environment. Performs variance analysis and inventory analysis.Compiles and analyzes financial information to prepare entries to accounts, such as general ledger accounts, documenting business transactions.Distributes expenditures, encumbrances, receipts, and receivables according to schedules.Performs statistical analyses to determine trends, estimates, and significant changes, and writes narrative reports explaining findings.Establish processes for developing and updating standard costs and work closely with operations management in updating bills of materials, department spend rates, and material usage and yields.Analyzes financial information detailing assets, liabilities, capital, prepares balance sheet, profit and loss statement, and other reports to summarize and interpret current and projected company financial position for other managers.Perform month end close activities for all inventory related activity including material usage, overhead absorption, and cost variances, along with the assessment of the adequacy of inventory and warranty reserves.Analyzes actual manufacturing costs and prepares periodic report comparing standard costs to actual production costs.Audits contracts, orders, vouchers, and prepares reports to substantiate individual transactions prior to settlement.Determines proper handling of financial transactions and approves transactions within designated limits.Monitors compliance with generally accepted accounting principles and company procedures.Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.Installs, modifies, documents and coordinates implementation of accounting systems and accounting control procedures.Devises and implements system for general accounting.Makes recommendations regarding the accounting of reserves, assets, and expenditures.Conducts studies and submits recommendations for improving the organization's accounting operation.Bachelor's degree (B.A.) from a four-year College or University with a major in Business Administration. (Accounting or Finance preferred). Three to five year related experience and/or training; or equivalent combination or education and experience. Cost accounting knowledge, experience in report writing, Microsoft excel Manufacturing industry experience required. Ability to deal professionally, courteously, and efficiently with co-workers as well as customers, and to remain calm under stress. Superior oral and written communication skills. Highly motivated, self-starter with good project management and problem solving skills, along with the ability to work independently. Experience using Power-Point to prepare Senior Management level presentations. Overall comprehensive understanding of business processes. Demonstrated ability to manage multiple projects and priorities. Demonstrated ability to be an engaged team member. Strong understanding of ERP systems.

Keywords: International Manufacturing Company, Little Rock , Cost Accountant, Accounting, Auditing , Little Rock, Arkansas

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