Job Title: Senior Cost Accountant
Reports To: Controller
Department: Finance
Location: Channelview, TX FLSA Status: Exempt Approved By: Javier Giraldo, CFO Approved Date: 11/11/2021
JOB DESCRIPTION
IKG USA, LLC is recognized as the pioneer of the world grating industry, having invented the first grating products in New York City in the early 20th Century. IKG USA, LLC continues to lead the grating industry as one of the world’s foremost manufacturers of high-quality steel and aluminum bar grating, with several manufacturing plants throughout North America, and a network of direct sales personnel, distributors, and agents to serve both the domestic and international markets. Metal bar grating has many applications but is primarily used as an industrial product because of its high strength, relative light weight, and design that allows for light flow and ventilation. See www.ikg.com for more details.
POSITION SUMMARY & PRIMARY RESPONSIBILITIES
The Senior Cost Accountant is responsible for product costing, manufacturing analysis and inventory valuation. This position will support the Controller with validating all financial transactions are in accordance with GAAP, company policy and internal controls framework.
PRIMARY RESPONSIBILITIES
- Performs all Cost Accounting journal entries necessary for month end close activities.
- Validates cost of goods sold and other manufacturing costs.
- Reviews financial statements, by plant, for inaccuracies and inconsistencies.
- Generates key balance sheet account reconciliations monthly.
- Prepares variance analysis related to manufacturing costs, gross margins, inventory, and expenses.
- Reviews labor and overhead costs to update standards, as needed. Compares standard costs to actual production costs.
- Provides management with various monthly reporting. For example, comparing price and profitability by product line and/or by plant.
- Prepares financial reporting for internal and corporate customers.
- Reviews and validates cycle counting and physical inventories at various U.S. plant locations.
- Prepares and reviews FIFO, LCM, E&O calculations.
- Compiles cost inputs for monthly forecasts and annual plan.
- Generates inventory rollforwards based on forecasted or planned estimates.
- Estimates new and proposed product costs using FIFO.
- Occasional testing and review of internal or key controls.
- Completes audit schedules required by external and internal auditors.
- Will be required to perform other duties as assigned.
REQUIRED QUALIFICATIONS
Education
- Bachelor’s degree in accounting or finance.
Experience
- Minimum of 5 years of Cost Accounting experience
- Minimum of 3 years of Cost Accounting in a manufacturing environment
Other Requirements
- Major ERP systems experience
- Advanced or expert level Excel skills.
- Ability to grasp and retain new concepts quickly.
- Strong organization, attention to detail and analytical skills.
- Able to perform job functions with minimal supervision
- Solid understanding of GAAP.
- Proven ability to identify areas where process improvements will add value.
- Proven track record of researching and solving problems with minimal supervision.
- Ability to work independently as well as collaboratively.
PREFERRED QUALIFICATIONS
Education & Experience
- Previous experience with Syteline ERP.
- Previous experience with Planful
SUPERVISORY RESPONSIBILITIES
This job has supervisory responsibilities
Disclaimer
This job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not intended to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and
qualifications required of employees assigned to this position.
IKG USA, LLC is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national orig