Senior Cost Accountant

We have partnered with an engineering and manufacturing company in the Minneapolis, MN area to provide them with a Senior Cost Accountant.

Please review the below description and let us know if you are interested.

Responsibilities of the Senior Cost Accountant:

• Leads all cost accounting activities for the assigned plants with responsibility for maintaining accurate books and records and strong internal controls.
• Owns standard cost calculation, while working with assigned plants’ personnel to ensure proper bill of material and routing maintenance.
• Partners with Operations Management by communicating financial and cost accounting information that will drive business profitable decisions. 
• Ensures product cost information is accurate.  Reviews any variance between standard cost and the actual cost of material received from vendors, reviews production variances to ensure labor time required and amount of material to produce a product is accurate; updates system costs when vendors announce a price increase. 
• Prepares monthly detailed Inventory Reserve for Inventory reporting, and partners with cycle count analysts to ensure the accuracy of reported inventories.
• Monitors and updates overhead, machine and labor rates annually.
• Reviews monthly material price variance report and makes any necessary journal entries.
• Prepares monthly and periodic financial analysis including variance analyses, operational KPI’s and other monthly management reporting. 
• Improves financial status by analyzing results versus forecasts; identifying trends; recommending actions.
• Performs certain month-end duties, primarily related to the assigned plants’ inventories and costs.
• Assists the Operations or Regional Controller with financial reporting, transaction accounting work, and projects as needed, including FP&A assignments.
• Owns annual budget process and forecasts for assigned plants.
• Assists other departments with various financial and cost reporting and projects as required.
• Provides regular analytical information and schedules to plants’ management and other functional departments.
• Prepares cost/projection analysis of new business opportunities and existing business relationships, including pricing new business and maintaining prices on existing business.
• Leads special projects aimed at supporting various Operational Excellence and Continuous Improvement initiatives at the assigned plants.
• Travel up to 10% domestic.

Requirements of the Senior Cost Accountant:

• Bachelor’s degree in Accounting or Finance with a minimum of 5+ years of related experience in a manufacturing environment.
• Significant cost accounting experience in a manufacturing environment, including working directly with operations management
• Strong attention to detail and significant experience in budget preparation and variance analysis
• Strong sense of urgency
• Demonstrated ability to perform complex financial analyses and to project anticipated results.
• Advanced MS Office Skills; Advanced EXCEL user, Pivot table, VLOOKUP, etc.
• Experience with large ERP systems
• Excellent verbal, written, and interpersonal communication skills, including presentation skills
• Ability to work autonomously without direct onsite supervision 

Benefits of the Senior Cost Accountant:

• Medical Insurance
• Dental Insurance
• Retirement Plans

Relevante is an innovative recruiting, staffing, and consulting firm. We help our clients find the best talent for their mission-critical positions and we help candidates find rewarding and enriching careers. Our consultative approach to solving resourcing challenges for our clients is driven by our industry-specific knowledge, our strong recruiting capabilities, and our agility.

We support our clients’ goals through results-driven execution, planning, and management of accounting and technology initiatives. Relevante’s resourceful and responsive teams bring deep technology and accounting expertise, thought leadership, and business-relevant solutions to each and every partnership. Our clients appreciate our can-do attitude, value our results, and keep coming back.

Founded in 2002, we have grown through a culture of operational excellence, a passion for client satisfaction, technology innovation, and a global, collaborative workforce that embodies the future of work. Our success is built on a clear strategic direction and a shared belief in its ability to shape your business landscape and accelerate business growth.