New

Senior Cost Accountant

Trident Maritime Systems-Heavy Equipment Group
United States, Wisconsin, Rhinelander
Jan 21, 2025
Job Title: Senior Cost Accountant Department: Finance and Accounting Location: Kingsford, MI \| Iron River, MI \| Rhinelander, WI Summary We are seeking a Senior Cost Accountant to join our team and provide crucial financial insights and analysis to support our manufacturing operations. As the Senior Cost Accountant, you will play a pivotal role in monitoring, evaluating, and improving financial performance, cost control, and profitability for the Heavy Equipment Group at Trident. Expertise in cost accounting, financial analysis, reporting, forecasting, and budgeting, will be essential in driving informed decision-making and maximizing operational efficiency. This role will report to the Assistant Manufacturing Controller. Responsibilities Perform financial analysis and reporting for manufacturing operations, including cost analysis, budgeting, forecasting, and variance analysis. Evaluate manufacturing processes, identify areas for cost reduction, and propose recommendations to improve operational efficiency. Collaborate with manufacturing managers to develop and monitor key performance indicators (KPIs) to track financial performance and operational metrics. Assist in the development and maintenance of standard costs for manufacturing products, ensuring accuracy and relevance. Update standard labor rates annually to ensure accuracy in both costing and quoting activities Participate in the budgeting and strategic planning process for the manufacturing department, providing financial insights and recommendations. Prepare financial models and scenarios to support decision-making on capital investments, capacity expansion, and process improvements. Monitor inventory levels, analyze inventory turnover, and provide recommendations to optimize inventory management. Provide support to Assistant Controller for Percentage of Completion (POC) accounting and Estimates at Completion (EAC) accounting for Defense Programs as required. Assist with periodic third-party audits (BDO). Collaborate with cross-functional teams, including operations, procurement, and finance, to drive cost reduction initiatives and process improvements. Continually monitor, correct, and update procedures as required to ensure accuracy of the ERP and accounting systems; areas of review include miscoding of A/P, plant reporting, account coding, pricing, and inventory consumption. Stay current on industry trends, best practices, and regulatory changes impacting the manufacturing and financial landscape. Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Bachelor's degree in Finance, Accounting, or a related field. Master's degree or relevant professional certification (e.g., CMA, CPA) is a plus. Minimum of 5-7 years of experience as a Financial Analyst within a manufacturing environment. Strong analytical skills and proficiency in financial modeling, forecasting, and data analysis. In-depth knowledge of financial concepts, cost accounting principles, and manufacturing operations. Advanced proficiency in Microsoft Excel and financial management systems. Excellent attention to detail with the ability to work with complex data sets and perform accurate financial analysis. Strong communication and presentation skills, with the ability to effectively communicate complex financial information to non-financial stakeholders. Ability to work collaboratively in cross-functional teams and manage multiple priorities in a dynamic manufacturing environment. Familiarity with Sage MAS 500, Workwise, Power BI, Oracle Financial Close and Consolidation, and Oracle Fusion is preferred, but not required. Familiarity with lean manufacturing principles and continuous improvement methodologies is desirable. Willingness to travel as needed (10-20%) Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job the employee is frequently required to sit. The employee may be occasionally required to lift up to 20 pounds. The vision requirements include close vision, distance vision, peripheral vision, depth perception and ability to adjust focus. Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment can vary. Trident Maritime Systems is an EEO/AA employer that offers a comprehensive compensation package and opportunities for growth. Offers of employment are contingent on and not considered finalized until the required background check and drug test has been performed and the results received and accessed.