Laird Careers Careers

Senior Cost Accountant

Cleveland, Ohio
Admin - Finance


Job Description

Job Summary

With general direction, the Senior Cost Accountant supports the senior finance manager in partnering with the site and appropriate functional management, promoting and protecting value for Laird, through tasks and analysis relating to budget & reforecast, capex preparation and control, ad hoc analyses and monthly reporting. The Senior Cost Accountant has specific responsibility for inventory records accuracy/management reporting and accurate/meaningful product costing information for operational partners.

Responsibilities
  • Ensures all cost data is up to date and acurate to enable robust management reporting and insightful analysis. (This requires ensuring standard cost data in QAD as well as other supporting systems represents ‘actual costs’.)
  • Identification of cost reduction/control opportunities and the provision of cost management information. This requires the collection of cost data, allocation of costs preparation of reports, and analysis of labor, equipment, depreciation, assembly or other operating expenses, ensuring that established procedures are followed. 
  • Support design and manufacturing engineers with cost analysis interpreted, to support partner decision making .
  • Prepares monthly journal entries, ensuring shop floor financial controls are adhered to and variance analysis is carried out, taking account of relevant shop floor information.
  • Supports the Finance Manager in preparation of budget, variance analysis and reforecast; prepares monthly / ad hoc analysis and reports such as gross margin, project cost, cost analysis, cash flow, and product profitability and variance analyses with root causes. .
  • Responsible for month end closing including: preparation of journal entries, work order close, variance control, reconciliation of ledger accounts such as inventory and capitalized development costs
  • Verify calculation of Continuous Improvement Plan savings and analyze variances
  • Supports Capex applications, carries out all accounting requirements for assets under construction and tracks Capex spending. Provides Capex forecasts to aid management decisions.
  • Oversees physical stocktaking with responsibility to analyze and summarize the result of stock position, including inventory excess and obsolescence provisions. Prepares accurate valuations of period end inventory levels. 
  • Supports sales teams by preparing product profitability, profit comparison, margin and cost analysis with identification of where cost improvements may be made.
Requirements
  • A good understanding of the objectives and purpose of each site department, and their requirements in respect of operating performance, cost/CAPEX information, analysis and forecasting.
  • Strong cost accounting and analytical skills
  • Advanced software skills, especially for Excel, database management and query software.
  • Ability to present, communicate and explain financial information to operational staff and management verbally and in writing.
Education & Experience Request
  • Bachelor’s degree in Accounting or equivalent experience. 
  • Minimum 5 years experience in accounting/costing or analysis in a manufacturing environment.
Other

As an Equal Opportunity/Affirmative Action Employer, Laird does not discriminate in hiring or in the terms and conditions of employment because of an individual's race, color, religion, gender, national origin, age, disability, sexual orientation, marital status, veteran status, gender identity, citizenship or other categories protected by federal, state or local laws. EOE/M/F/Vet/Disability/Sexual Orientation/Gender Identity.