Cost Accounting Mgr. at Amsted Rail in Petersburg, Virginia

Job Description:

The Cost Accounting Manager supports the accounting, finance and reporting functions of the Brenco (Bearings) business and its operations. The Finance and Accounting Team has a customer service approach to supporting the operational teams. The Cost Accounting Manager will work with our business partners in operations to drive improved performance and results. Duties and responsibilities for this role include but are not limited to the following:

What you will do:

• Lead the month end closing and related financial reporting process for the business unit


• Inventory management including balance reporting, reconciliations, shrink and obsolescence, and annual physical inventory process


• Analyze price and manufacturing variances between standard costs and actual results, including consideration of variances for capitalization


• Manage the process for the tracking and reporting of critical performance metrics to the plant operations team


• Support Operations and Supply Chain teams with cost analysis to support sound business decisions


• Assist with the company's quarterly and annual financial budgeting processes and the company's long-term strategic plans


• Work cross-functionally with other finance departments to support consistency in reporting and best practices


• Lead the annual standard cost roll process


• Drive innovation by improving the reporting process as well as reinforcing best practices throughout the business


• Review capital projects for ROI, IRR and/or strategic justification


• Manage fixed asset inventory around the Petersburg facility, capital project closure forms, and asset disposal forms


• Review and approve account reconciliations


• Support all internal audits as well as the year end external audit with the CPA firm


• Maintain sound systems and SOX compliant controls that verify the integrity of all system related operations, processes and data


• Oversee completion and submission of various tax/state filings and information regarding insurance policies

What we are looking for (Educational/Experience Requirements):

• Bachelor's degree in accounting or finance, CPA strongly preferred


• 5+ years of accounting experience, preferably in a manufacturing environment


• Experience with SAP strongly preferred


• Proficiency in Microsoft Office, expert level Excel skills


• Experience in a standard costing environment

• Self-directed leader; must assess situations and adjust priorities as needed, with little or no direction, in a timely manner


• Must be approachable and able to develop strong relationships, fostering trust at all levels of organization including the executive level

• Capable of defining, analyzing, and resolving complicated financial data, in a fast-paced ever-changing environment, with the utmost attention to detail and accuracy


• Exceptional analytical, organizational, and communication skills are required

About Our Business:

Amsted Rail is the world's leading provider of fully integrated bogie systems for the heavy haul freight market, with facilities spanning 40 locations across 10 countries and 6 continents. Through their state-of-the-art manufacturing processes, Amsted Rail is redefining industry standards for innovation and technology, providing customers worldwide with unmatched performance and reliability for the long haul.

Amsted Rail offers employees the stability of an established industry leader, along with the chance to learn, grow, advance, and make a difference. As a private company, under the umbrella of global leader Amsted Industries, we are a 100% employee-owned company! We have all have a common goal to make this company not only profitable, but also a place to grow our careers. We strive to be a place that people are attracted to, and like to think, we go steps beyond to make sure our employee owners are happy on the job and away from it.

Benefits include: being an employee-owner with participation in our ESOP program, while benefiting from an additional full range of benefits including medical, dental, vision, 401(k) with employer matching, generous bonus potential, and more.

Amsted Rail's commitment to Affirmative Action:

Amsted Rail is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

To review our EEO Policies or to request assistance please go to www.amstedrail.com/careers/ and select EEO Compliance/Statements. To learn more about us, please visit us online at www.amstedrail.com.