The Senior Cost Accountant is primarily responsible for standard costing, budgeting, cost variance analysis, and business process improvements. As an employee of IWT, the Senior Cost Accountant will participate in a dynamic environment, have the opportunity to lead the enhancement of the standard costing system, and experience future growth potential.
CORE RESPONSIBILITIES:
Analyse manufacturing costs and prepare regular reports comparing standard costs to actuals.
Manage, maintain, and enhance the cost accounting system.
Collect and analyze data to determine the costs of business activities, such as raw materials, labor, and other standard-related expenses.
Participate/lead in physical inventories and report on results to the executive group.
Prepare journal entries for various product lines and standard costs to help with the month-end closing.
Collaborate with operations and engineering to ensure cost and support new product development.
Various ad hoc reports as requested by local or executive management.
Enhance standard cost reporting and variance analysis.
QUALIFICATIONS (must have):
BS in accounting/finance
5+ years of manufacturing experience with a focus on cost accounting.
Must demonstrate ability to identify and implement process improvements, be a self-starter, and effectively interact and communicate across multiple organizational functions.
Must have strong communication (oral and written) and relationship-building skills.
Must be proficient in using Excel, Outlook, and other Microsoft Office products.