Senior Cost Accountant
Apply NowCompany: Current Lighting
Location: Cleveland, OH 44124
Description:
The Senior Cost Accountant position is responsible for all aspects of Purchasing cost maintenance and analysis, as well as Distribution and Logistics spend. The Senior Cost Accountant will support the Cost Accounting Manager in ensuring accurate product costing, ownership and analysis of monthly variance capitalization, and management of monthly cost account reconciliations.
Roles & Responsibilities:
1. Provide timely and accurate product costing support to the business
2. Review and analyze standard and actual costs for variances and prepare reports
3. Work with logistics team to properly record and budget inbound and outbound freight costs on a monthly basis
4. Provide monthly journal entry support and balance sheet reconciliations for COGS and inventory accounts
5. Provide support to Customs team on the recording and reporting of duty and tariff expense
6. Liaise with the FP&A team to define allocations of costs across the various business segments
7. Execute the annual Standard Cost Roll and upload costing updates from the Operations business segments
8. Provide weekly support and reporting for the Distribution Center expenses, and present to Senior Leadership
9. Assist in month-end and year-end closing by analyzing inventory and preparing supplemental reports as needed; including preparation of ad-hoc reports in response to questions regarding costs and profitability
10. Assist with the preparation of the annual Budget for any Purchasing COGS accounts
11. Respond to year-end audit requests for inventory and product cost testing
12. Work on special projects as required
13. Identify cost savings opportunities within distribution and logistics areas of the business
Qualifications:
Bachelor's degree in Accounting/Finance and five (5) to seven (7) years of manufacturing cost accounting experience is preferred. To perform this position successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skills and/or abilities required:
1. Proficiency in Excel, experience in manipulating large databases
2. Solid understanding of manufacturing operations, inventory and cost accounting
3. Understanding of U.S. GAAP as it applies to a manufacturing environment is required
4. Experience in performing Standard Cost Roll procedures and system requirements
5. Strong analytical, communication, organizational, and problem-solving skills.
6. Extraordinary interpersonal skills to work in conjunction with other departments.
7. Must be a team player who also works well independently.
8. Must be able to analyze data, draw conclusions, interpret results, and make recommendations.
9. SAP costing experience not required, but preferred
Compensation
The position has a compensation package inclusive of base, bonus (if eligible), benefits, 401k contribution, time off, recognition awards and more. This salary range is $80,000-$100,000.
Benefits and Perks
The Highlights:
All around competitive culture where together we strive to:
Our more standard benefits
Equal Opportunity Employer
Current is an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by law. All employment is decided on the basis of qualifications, merit, and business need. At Current, we are Always On and working to improve lives with the industry's most expansive portfolio of sustainable advanced lighting and intelligent controls that reliably meet our customers' needs. Learn more at CurrentLighting.com
Roles & Responsibilities:
1. Provide timely and accurate product costing support to the business
2. Review and analyze standard and actual costs for variances and prepare reports
3. Work with logistics team to properly record and budget inbound and outbound freight costs on a monthly basis
4. Provide monthly journal entry support and balance sheet reconciliations for COGS and inventory accounts
5. Provide support to Customs team on the recording and reporting of duty and tariff expense
6. Liaise with the FP&A team to define allocations of costs across the various business segments
7. Execute the annual Standard Cost Roll and upload costing updates from the Operations business segments
8. Provide weekly support and reporting for the Distribution Center expenses, and present to Senior Leadership
9. Assist in month-end and year-end closing by analyzing inventory and preparing supplemental reports as needed; including preparation of ad-hoc reports in response to questions regarding costs and profitability
10. Assist with the preparation of the annual Budget for any Purchasing COGS accounts
11. Respond to year-end audit requests for inventory and product cost testing
12. Work on special projects as required
13. Identify cost savings opportunities within distribution and logistics areas of the business
Qualifications:
Bachelor's degree in Accounting/Finance and five (5) to seven (7) years of manufacturing cost accounting experience is preferred. To perform this position successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skills and/or abilities required:
1. Proficiency in Excel, experience in manipulating large databases
2. Solid understanding of manufacturing operations, inventory and cost accounting
3. Understanding of U.S. GAAP as it applies to a manufacturing environment is required
4. Experience in performing Standard Cost Roll procedures and system requirements
5. Strong analytical, communication, organizational, and problem-solving skills.
6. Extraordinary interpersonal skills to work in conjunction with other departments.
7. Must be a team player who also works well independently.
8. Must be able to analyze data, draw conclusions, interpret results, and make recommendations.
9. SAP costing experience not required, but preferred
Compensation
The position has a compensation package inclusive of base, bonus (if eligible), benefits, 401k contribution, time off, recognition awards and more. This salary range is $80,000-$100,000.
Benefits and Perks
The Highlights:
All around competitive culture where together we strive to:
- Approach each day with a tenacious curiosity
- Communicate openly and honestly- internally and externally
- Work hard, take risks, fail fast...learn and move on
- Embrace diversity and welcome opposing thoughts
- Empower and develop each other
- We have an open and inclusive culture where you'll learn and grow through programs and resources like:
- Quarterly company all employee meetings
- Management and Leadership development
- Initiatives and special projects with executive leadership exposure
- Access to top-notch learning courses through LinkedIn Learning
- Regular manager check-ins to drive performance and career growth
Our more standard benefits
- Full-time exempt roles have a Permissive Time Off Policy, giving you flexibility to rest, relax and recharge away from work
- Paid Company Holidays
- A comprehensive benefits plan including medical, dental, life, vision, disability, and life insurance
- 401(k) retirement program with a fully vested immediate company match
- Flexible Spending Account options for pre-tax employee allocations
Equal Opportunity Employer
Current is an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by law. All employment is decided on the basis of qualifications, merit, and business need. At Current, we are Always On and working to improve lives with the industry's most expansive portfolio of sustainable advanced lighting and intelligent controls that reliably meet our customers' needs. Learn more at CurrentLighting.com