JobDescription–CostAccountant
JobTitle:
CostAccountant
Level:
Department/Group:
Accounting
JobCategory/EEO-6:
Location:
Franksville
PositionType:
Accounting
$41,000-$58,000
FLSAStatus:
Exempt
SalaryRange:
JobDescription
SUMMARY:WMSprinkmanprovidesproductinaccordancewithacustomer’sspecificationsandthepricequoted
iscloselytiedtoestimatedcost.ReportingtotheChiefFinancialOfficer,theCostAccountantroleistomaintainand
controljobcostbycollectingandrecordingdirectcosts(materials,laborandsubcontractservices)andallocating
indirectcostsusingasoundapplicationmethodology.Projectcostreportscomparingactualcoststo-datevs.
estimatedcostsaswellasforecastedcostsaredistributedmonthly.Reportingiscriticaltokeepingtheproject
managerandmanagementawareofeachproject’sprogressaswellassoundanalertwhencostoverrunswillleadto
reducedprofitability.
ESSENTIALDUTIESANDRESPONSIBILITIESincludethefollowing:
•
Establishandmaintaincustomerprojectsintheaccountingsystemincludingproject(job)estimate,contract
andchangeorderinformationutilizingdatafromthequote,salesorder,purchaseordersandprojectmanager
updates
•
Recordactualjobcostsbaseduponmaterialssupplierinvoices,payrolllaborreports,serviceproviderbillings
andfieldinstallationexpensereports.
•
Analyzefactoryoverheadcostdriversanddevelopamethodologyforallocatingthesecoststospecificjobs.
MonitoractualversusabsorbedfactoryoverheadonamonthlybasisandtogetherwiththeChiefFinancial
Officer(“CFO”),determineiftheallocationmethodologyshouldbeadjusted.
•
Calculateandmonitorstandardcostsforinventoryvaluation,projectestimatingandjobcostingpurposes.
Reviewstockagingfordeterminationofobsoleteand/orexcessinventorywriteoff.
•
Performmonth-endaccountingactivitiessuchascloseoutcompletedcustomerprojects(jobs)byensuringall
material,laborandoutsideservicecostsarerecorded,reconcilinginventoryandrelatedreservebalancesto
thegeneralledger,andanalyzingvariancesandcostofgoodssold.Coordinatetheseactivitieswiththe
FinancialAccountantinsupportoftimelyissuanceoffinancialstatements.
•
Createanddistributedetailedmonthlyjobcostreportstoprojectmanagerswhichincludeactualand
estimatedcoststo-dateaswellasprojectionstocomplete.CommunicateprojectcompletionratestotheCFO
tofacilitatetimelyandaccurateprogressbillingtocustomers.
•
ProvidefinancialsupporttootherfunctionalareasoftheCompany:
o
Manufacturing-workswiththeplantmanagerandproductionstafftoidentifycostsavingsprojects,
analyzesandforecaststheimpactonthecoststructureifimplemented,andassistsinthe
developmentofthebusinesscase-cost-benefitanalysisforcapitalinvestments
o
InventoryControl–investigatesinventoryadjustmentsresultingfromperiodiccyclecountsand
annualphysicalinventory
o
Purchasing-analyzespurchasepricevariances&monitorsmaterialpricetrendstosupportprice
negotiationswithvendors
1
JobDescription–CostAccountant
SUPERVISORYRESPONSIBILITIES:
• None
REQUIREDQUALIFICATIONS:
• Bachelor’sdegreeinAccounting,FinanceorBusinessAdministrationrequired.
• 3-6yearsdemonstratedexperienceworkingincostaccounting,reporting,andcrossteamcollaboration
withinamanufacturingenvironmentrequired.Jobcostexperienceaplus.
• Excellentanalyticalandreasoningskills,plusexcellentorganizationskillsrequired.
• KnowledgeofERPandaccountingsystems;experiencewithMicrosoftOfficeSuiterequired.MAS200or
SAGE100experienceishighlydesirable.
• Excellentverbalandwrittencommunicationskills.
LANGUAGESKILLS:Goodgrammaranddiction.Abilitytoreadandcomprehendsimpleinstructions,short
correspondence,andmemos.Abilitytowritesimplecorrespondence.Abilitytoeffectivelypresentinformation
inone-on-oneandsmallgroupsituationstootheremployeesoftheorganization.
MATHEMATICALSKILLS:Abilitytoadd,subtract,multiply,anddivideinallunitsofmeasure,usingwhole
numbers,commonfractions,percentanddecimals.
REASONINGABILITY:Abilitytosolvepracticalproblemsanddealwithavarietyofconcretevariablesin
situationswhereonlylimitedstandardizationexists.Abilitytointerpretavarietyofinstructionsfurnishedin
written,oral,diagram,orscheduleform.
Additionalreasoningability:None
PHYSICALDEMANDS:
Whileperformingthedutiesofthisjob,theemployeeisregularlyrequiredtosit;usehandstofinger,handle,or
feel;andtalkorhear.Specificvisionabilitiesrequiredbythisjobincludeclosevision,distancevision,andability
toadjustfocus.
AdditionalPhysicalDemands:None
WORKENVIRONMENTTheworkenvironmentcharacteristicsdescribedherearerepresentativeofthosean
employeeencounterswhileperformingtheessentialfunctionsofthisjob.Reasonableaccommodationsmaybe
madetoenableindividualswithdisabilitiestoperformtheessentialfunctions.
Theworkenvironmentisaprofessionalofficeenvironmentwhereaconservativebusinessdresscodeisineffect.
Thenoiselevelintheworkenvironmentisusuallymoderate.
ReviewedBy:
ApprovedBy:
LastUpdatedBy:
J.Lema
Date:
Clickheretoenteradate.
Date:
July22,2016
Date:
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