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Cost Accountant
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Scorecard
Based on Michigan data
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What they do
A Cost Accountant analyzes the cost of company products or services, determines factors affecting costs, and makes recommendations for managing costs. Analyzes financial processes within a company or organization and develops internal cost reporting and accounting systems.
$82,978 / year median in Michigan
-6% projected decline
Job Description
Cost Accountant at Columbus McKinnon Cost Accountant at Columbus McKinnon in Hamburg, Michigan Posted in about 14 hours ago.
Type:
full-time
Job Title:
Cost Accountant Location:
Brighton, MI Job Summary/Overview The Cost Accountant applies principles of cost accounting to conduct studies which provide cost information not supplied by general accounting systems. This position investigates and determines the cause of cost variances and variance to budgets. The Cost Accountant assists in any activities related to costing and inventory while ensuring compliance with all applicable state and federal regulations. Essential Duties and Responsibilities Supports manufacturing accounting function including general accounting, cost accounting, budgeting, inventory accounting & control, both standard & job cost generation and management of Bills of Material. Research and investigate cycle count discrepancies and work with Supervisors and floor associates to initiate corrective actions related to these discrepancies. Review all costs including labor, material, burden, expense items, work in process inventory, and profit and loss. Maintain inventory cycle counting procedures, cycle count entry and periodic reporting. Maintain cost system, evaluation of current vs. standard cost for monthly reporting and annual standard roll process. Maintain job cost system for engineered products and assist in the analysis of the profitability of those products. Monthly reporting of production variances. Assist in Month end close process. Plans, studies and collects data to determine costs of business activity such as raw material purchases, inventory and labor. Records cost information for analysis and distribution to other departments. Reviews standard versus current costs and investigates variances. Compiles cost information to be used in operating budget preparation. Prepares inventory and productivity reports daily, weekly, and monthly. Tracks and reviews capital spending projects. Other Accounting duties as needed. Travel may be required within Columbus McKinnon Corp's domestic footprint. Travel Percentage