Cost Accountant

Job Description

• [Company] , Hydraulics Group Business, located in Shawnee, OK has an exciting opportunity for a Cost Accountant. [Company] is a Fortune 200, Premier, Diversified Industrial company with exciting business opportunities throughout the world. [Company] is seeking candidates who embrace challenges and thrive in a culture of innovation and integrity. The Shawnee, OK facility is [Company]  Center of Excellence for the machining and assembly of hydraulic motors and hydraulic motor components, used to power both agricultural and construction equipment.
• This position will report directly to the Accounting Supervisor and will have a high amount of growth and development opportunities. Responsibilities for this position will include:
• Measure and explain all variances, including PPV, scrap, material, and all other variances; Reconcile inventory (perpetual records to General Ledger). Supply explanations for variances and put systems in place to assure these variances are not repeated.
• Close work orders in a timely manner and analyze variances. Supply explanations for variances and put systems in place to assure these variances are not repeated.
• Assure accuracy of cost reductions and supply breakdown by project of Material, Labor and Other. Report actual and forecast on cost out web page.
• Measure Cycle Count accuracy and work closely with production team to drive compliance with Cycle Count metric goals.
• Lead Annual Physical Inventory. Assure accuracy of results by establishing and maintaining proper inventory controls. Maintain a high degree of inventory accuracy and transactional integrity and provide explanations of write-ups/downs when needed. Analyze and put systems in place to assure the variances are not repeated. Complete necessary documentation, both before and after physical inventory is taken.
• Understand and maintain the standard cost system. Assure accuracy of standards. Review routers and BOMs for accuracy. Update standard costs.
• Understand, develop and review overhead rates to assure accuracy of inventory and costing.
• Continually monitor the cost systems for identification of and recommendation for procedural and processing improvements required for effective operational support.
• Recommend and implement ways of improving the plant operation and financial performance.
• Conduct and report results of all special projects assigned by the Controller and/or self initiated on a timely basis along with proper conclusions and recommendations.
• Documentation of systems, processes, and procedures used in Cost Accounting.
• Ensure continued plant compliance with SOX requirements.
• Assist in preparation of annual strategic plan and profit plan.
• Prepare monthly journal entries/ month end closing process.
• Prepare rolling forecast monthly.

Basic Qualifications (Including Educational Requirements)

• Bachelor’s Degree from an accredited university with an emphasis in Finance/Accounting.
• One to three years relevant Finance/Accounting experience.
• Working knowledge of Microsoft Products, or common PC software and appropriate corporate systems is required.

Preferred:

• Experience in a manufacturing environment.
• Ability to interpret accounting theories in order to implement practical judgment
• Possess communication skills and human relation principles to work with others in the organization.
• Possess a good working knowledge of corporate policies and procedures and appropriate internal controls.