Cost Analyst

F

FOCUS Employment Solutions, LLC

Cost Analyst

Ayer, MA
Full Time
Paid
  • Responsibilities

    Experience Level: Junior Level (less than 5 years of experience)

    Experience Required: 3 Years

    Education Level: High School or Equivalent

    Job Function: Accounting/Auditing

    Industry: Pharmaceuticals

     

    Relocation Assistance: No

    Visa Sponsorship Eligibility: No

     

    The primary responsibilities encompass managing the cost accounting system, analyzing and reporting on financial data, overseeing inventory, supporting audits, and improving accounting procedures.

     

    Must-Haves:

    • At least 3 years of experience in general accounting and/or cost accounting within a manufacturing environment
    • Exposure to costing in MRP systems

     

    Responsibilities:

    • Create and manage the organization's cost accounting system, including all related documents and records.
    • Analyze trends in costs and variances, investigate significant discrepancies, and suggest suitable actions.
    • Analyze manufacturing costs and regularly produce reports comparing standard and production costs.
    • Engage actively in meetings related to new product development.
    • Estimate costs for new and proposed products.
    • Prepare monthly inventory reports and evaluate inventory reserve needs with the Supply Chain team.
    • Oversee quarterly or bi-annual inventory audits, prepare related reports, and reconcile inventory results for management review.
    • Support the annual review and update of standard costs, including labor and overhead rates.
    • Execute month-end closing procedures as required.
    • Through general ledger account analysis and reconciliation, ensure the accuracy, reasonableness, and proper documentation of inventory account balances.
    • Align engineering budgeted production standards with QuickBooks data.
    • Facilitate the work of external and internal auditors during semi-annual and annual audits and according to the internal audit schedule.
    • Work with other accounting staff to evaluate and enhance accounting systems and procedures and provide training on new or revised processes.
    • Offer assistance to the accounts.

     

    Benefits:

    • Medical, Dental, Vision Insurance
    • Group Life and Disability Insurance
    • 401(k) with match
    • Paid Holidays
    • Biweekly profit-sharing contribution
    • PTO (Vacation and Sick Time)
    • Bonuses