The Associate Director, Cost Accounting position will play an integral role in the finance department, as well as provide cost and managerial accounting leadership to the entire Company. The Cost Accounting function will work with, and support, both financial operations and general accounting to drive costing oversight and compliance. The position will contribute to the development of the Manufacturing annual budget and subsequent reforecasts, cost rollups/inputs, and cost reduction plans. In addition, the position will play an integral part in identifying areas of improvement and cost efficiency. This position will perform special accounting projects as required.
Key roles and responsibilities include:
Lead the strategic direction of the cost accounting function, and act as a liaison between Manufacturing and the Finance Department, on all aspects of cost accounting.
Construct, maintain and update financial models for current and anticipated Manufacturing workflows and related costs.
Provide technical guidance, mentoring, and guidance, and ensure consistent application of cost accounting principles at our Manufacturing site, as well as external manufacturing vendors.
Act as key contributor to the Company’s annual planning and budgeting process for the Manufacturing group, including both expense and capital equipment requirements. Provide budgeting and accounting direction to Manufacturing and related departments.
Develop new, robust processes to drive productivity in the cost accounting function.
Work with the Manufacturing operations group to identify cost saving opportunities, and continually analyze product cost inputs.
Ensure that proper controls and procedures are in place for the tracking and valuation of business assets and inventory.
Lead monthly close process for cost accounting tasks, analyze manufacturing variances, review and approve journal entries and monthly balance sheet reconciliations.
Assist with the coordination and deliverables for quarterly reviews and annual audits performed by external auditors.
Prepare ad hoc analyses and assist team with research on cost accounting questions and assist with special projects as requested.
Assist in selection and implementation of ERP system.
Bachelor’s degree in Business Administration with Accounting or Finance concentration; MBA preferable and/or CPA or CMA certification.
7 – 10 years of direct experience in accounting, reporting and costing leadership within a medium to large operating company.
Cost accounting/manufacturing accounting background with in-depth knowledge of GAAP and financial reporting for a manufacturing organization.
Excellent judgement and creative problem-solving skills.
Strong knowledge of cost accounting principles including capitalization of variances and experience with rolling standard costs.
Ability to influence and engage business partners, peers, direct/indirect reports, and effectively interface with senior management.
Strong organizational and team building skills and proven ability to work with a diverse group of people.
Able to work effectively in a fast-paced, small start-up company environment, and adapt quickly to changing priorities.
Self-motivated, self-disciplined and able to function independently as well as part of a cohesive team.
Strong ability to prioritize, multi-task, and work in an evolving environment.
Excellent written and verbal communication skills.
Experience in using an ERP system.
Excellent computer proficiency (MS Word, Excel, Outlook).