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Cost Accountant

Company: Stellar Industries, Inc.
Location: Garner
Posted on: June 12, 2021

Job Description:

Overview

At Stellar Industries, a premier manufacturer of hydraulic truck-mounted equipment, you will be part of a team that is building the future of Stellar Industries. Stellar Industries is proud to be headquartered in the Heartland where it has designed and Manufactured its products for nearly 30 years. Through the use of a continually growing product line and an expanding distributor network, its products have gained an international presence and have become the number one choice in many of the markets it serves. Stellar is also very proud to be an employee owned ESOP company that employs hard-working, dedicated people such as you. As the Cost Accountant you would perform accounting functions related to maintenance of standard costs, reviews elemental costs including material, labor and overhead, provides analytical review and presentation of product margins and variances, reconciles inventory reports to general ledger leading to root cause analysis of differences and collaborates with colleagues in other departments to analyze profitability on sales quotes, product designs and manufacturing processes.

Responsibilities

  • Manage cost system in ERP software including the following items:
  • Determine the applicable cost for various steps within the manufacturing process
  • Update rates and costs on a scheduled basis and provide monthly analysis
  • Run periodic standard cost rolls for material, labor & burden

  • Create and manage cost of sales percentages for the Annual Operating Plan (AOP)
  • Calculate annual labor and burden rates based on AOP
  • Support month-end reporting process in the following ways:
  • Reconciliation of Sales and Cost of Sales in consistent, analytical format
  • Provide detailed explanations of variances to management including definitions of how variances are created
  • Reconciliation of inventory reports to inventory general ledger accounts
  • Other reconciliations and reports as deemed necessary

  • Create, monitor and report productivity measurements
  • Prepare product line and customer analysis for management review and present findings to management on a monthly basis or adhoc
  • Support Product Development and Sales in product pricing decisions
  • Understand market conditions for industries related to our product lines
  • Identify need for cost savings

  • Communicate and collaborate with Manufacturing Engineering, Design Engineering and Production areas to impact costs related to manufacturing processes and product designs.
  • Perform other related duties as assigned by management.

Qualifications

  • Communication skills to work with various levels within organization
  • Planning/organization - able to plan and manage multiple projects
  • Strong internal customer orientation
  • Attention to detail
  • Problem analysis and problem resolution
  • Excellent interpersonal and communication skills
  • Strong team player
  • Related work experience in cost accounting and/or finance
  • Technical skills in account reconciliation, cost analysis and month-end close responsibilities, etc.
  • Computer proficiency: Office 365 products - Word, Excel, Teams, Outlook, Sharepoint, One Drive, One Note, Power BI

Education and/or Experience

  • BA or BS degree in Accounting, Finance or Business-related field from an accredited four-year college or university; or three to six years related experience and/or training; or equivalent combination of education and experience
  • Work experience in a manufacturing environment
  • Experience with Epicor 10 ERP system preferred but not required

Keywords: Stellar Industries, Inc., Rochester , Cost Accountant, Other , Garner, Minnesota

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