Job Description
Cost Accounting Manager - HYBRID in Raleigh, NC Position Summary:
We are seeking a highly detail-oriented and experienced Cost Accounting Manager to join our growing team. This role will involve overseeing cost accounting functions, managing manufacturing costs, and playing a key role in the implementation of a new material and work-in-progress (WIP) process. The ideal candidate will have a strong background in cost accounting, with a focus on manufacturing and pharmaceutical operations. Strong expertise in Excel, SAP knowledge, and process improvement experience are a plus. The Cost Accounting Manager will be instrumental in streamlining current accounting practices and driving efficiency improvements across our cost tracking and reporting systems.
Key Responsibilities: Cost Accounting and Reporting: - Oversee and manage all cost accounting activities for the manufacturing operations, including the accurate tracking of raw materials, labor, and overhead.
- Prepare and analyze monthly cost reports, including variances, and present findings to management.
- Ensure accurate and timely posting of inventory transactions in the accounting system.
- Develop and maintain cost standards for materials, labor, and overhead in the manufacturing process.
Material/WIP Process Implementation:
- Lead the implementation of a new material/WIP process to enhance accuracy and efficiency in tracking inventory, production costs, and work-in-progress.
- Collaborate with cross-functional teams to ensure the seamless integration of the new process into existing workflows.
- Continuously identify and propose process improvements to streamline cost tracking and reporting.
Process Improvement & Integration:
- Evaluate current cost accounting processes and systems, identifying opportunities for improvement, automation, and integration to reduce inefficiencies.
- Support integration of accounting systems with manufacturing and inventory management systems to optimize data flow and reporting accuracy.
- Drive process improvements that enhance the overall efficiency of the cost accounting function.
Excel and Data Tracking:
- Manage and analyze complex data sets in Excel; strong proficiency in Excel is required.
- Identify opportunities to transition manual tracking methods into more streamlined, systemized solutions.
- Utilize advanced Excel functions, pivot tables, and data visualization tools to track costs, variances, and other key metrics.
Attention to Detail:
- Ensure that all cost accounting data is accurately recorded, tracked, and reconciled, with an emphasis on detail and precision.
- Review and validate cost structures and reports, ensuring consistency and compliance with accounting standards and internal policies.
- Perform regular audits of cost data to ensure accuracy and identify any discrepancies.
Qualifications:
- Education:
- Bachelor's degree in Accounting, Finance, or a related field. CPA or CMA designation is a plus.
Experience:
- At least 7+ years of cost accounting experience, preferably in a manufacturing or pharmaceutical environment.
- Demonstrated experience in cost analysis, inventory control, and manufacturing accounting processes.
- SAP experience is a plus.
- Prior experience with process improvements or system integrations in a cost accounting environment is highly desirable.
Technical Skills:
- Advanced proficiency in Excel (pivot tables, VLOOKUP, data analysis).
- Strong understanding of cost accounting principles and methodologies.
- Experience with SAP or similar ERP systems is a plus.
Personal Attributes:
- Highly detail-oriented, with a keen focus on accuracy and consistency.
- Strong organizational skills and the ability to prioritize tasks effectively.
- Comfortable working in a fast-paced, deadline-driven environment.
- Strong problem-solving abilities and a proactive approach to identifying areas for improvement.
Additional Skills and Abilities:
- Ability to work independently with minimal supervision and demonstrate strong decision-making skills.
- Strong communication skills, both written and verbal, to interact effectively with cross-functional teams.
- A high level of integrity and ability to maintain confidentiality.
Other Requirements: - No direct reports in this position.
- Must demonstrate stability in previous roles; candidates who have moved between roles frequently are not preferred.
Job Tags