COST ACCOUNTANT / INVENTORY AUDIT MANAGER

We are working with a well- established (85+ years) growing, family-owned and operated, ISO 9001, and leading USA manufacturer of protective apparel for the industrial worker in the toughest industries. The company has more than a dozen brands for products including protection for heat and thermal, flash fire, arc flash hazard, flame-resistant, hi visibility flame resistant rainwear and apparel, leather and rubber voltage gloves, industrial workwear, military (FR, cold weather, base layers, combat uniforms, flight suits, etc. ), electrical safety PPE, carbon products (thermal, welding, and molten metal protection), mechanical and cut protection apparel/products, and more! Due to growth, the company has created a new position for a Cost Accountant / Inventory Audit Manager which will report to the CFO and Director of Finance. Essential Job Functions: Develop and maintain standard costing system ensuring accuracy of raw materials, bill of materials and OH rates: o   Work closely with Supply Chain to ensure accurate raw material costing and valuation o   Work closely with R&D to ensure accurate and complete bill of materials and routings o   Work closely with Product Management to provide costing on new and existing products Lead and manage cycle-count / physical inventory process; analyzing and reconciling results to General Ledger Develop and maintain product standard costs for raw materials, labor and overhead rates Continuously review standard and actual costs for inaccuracies, updating standards when significant changes in raw material costs, bill of material or routing assumptions have occurred Analyze cost drivers and investigate root causes of standard versus actual cost variances on shop orders, developing and implementing solutions to reduce or eliminate variances Analyze the Income Statement results versus budget and prior year and provide key insight and reporting to Management on variance drivers; o   Identify raw material cost trends and purchase price variances and work with Supply Chain and Accounting to identify cost-effective solutions o   Identify manufacturing cost trends and work with Operations and Accounting to identify cost-effective solutions o   Identify SG&A cost trends and work with internal partners and Accounting to identify cost-effective solutions Manage the General Ledger and perpetual inventory o   Reconcile General Ledger and perpetual inventory accounts o   Ensure accurate and timely valuation o   Analyze and report on inventory valuation by material type, including inventory turns and obsolete / slow moving analysis o   Ensure proper accounting for intercompany and in-transit inventory Perform month-end closing activities through the preparation and posting of journal entries and preparing timely analysis and reconciliation of inventory and associated Balance Sheet reserves ensuring strict adherence to closing time schedule Create and prepare reporting to allow for effective usage of monthly financial results by Management and Operations Teams Participate in the year-end external financial audit owning all product cost and inventory related audit activities Perform various special projects and cost analysis as required to support Operations, R&D, Supply Chain and Finance departments Training: Provided on the job and supplemented with external seminars/classes Qualifications: Education & Certifications: Bachelor’s degree in Accounting or related industry experience Experience: 3-5 years previous work experience; prior manufacturing / costing experience Key Competencies: Self-motivated and results driven, strong organizational and communication skills, attention to detail, analytical thinking and problem-solving, ability to multi-task, high degree of integrity and confidentiality, initiative with decision making, teamwork and cooperation All Candidates must be able to provide work related references.