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Finance Specialist/Cost Accountant
Job ID:00004FPY
Category:Accounting
Location:CA Goleta
Hours:40 Monday to Friday 730am430pm OR 830am530pm
Pay:$70,000.00 $90,000.00
Finance Specialist needed in Goleta
Job Description
Perform product line margin analysis and implement processes to improve margins. Develop product class cost allocations in order to determine gross margin analysis. Responsible for preparing certain monthly reconciliations and financial reports. Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor. Responsible for procedures regarding time card audits, jobs creation audits, setting up RD jobs etc. Validate the cost of goods sold as part of the month-end close. Maintain company-wide quoting model. Develop yearly standard cost rates. Help in developing yearly annual budget. Close job orders and review any variances as defined in the job order costing policy. Establish inventory costing review of average actual costs to determine cost validity. Spend time on floor reviewing work in process and matching back to BOM for accuracy. Coordinate physical inventory counts and cycle counts. Investigate cycle counting variances and resolve issues. Lead person on monitoring and tracking prepayment of inventory from select customers. Review and resolve obsolete inventory, monthly inventory receipts and other inventory specific issues. Revise inventory procedures as necessary. Review raw material on a weekly basis. Review WIP inventory on a weekly basis . Perform cost analysis testing on Finished Goods inventory. Ensure that corporate goals and metrics are achieved. Establishing, modifying, documenting and coordinating implementation of accounting procedures and processes. Prepare journal entries and review P L. Monthly reporting utilizing corporate financial reporting system. Creates needed GL transactions. Provide regular review of processes and participate in corporate improvement initiatives including Kaizen, Lean, etc. Assists in the month end closing processes. Assist Controller as needed.
Skills Required
BA Degree. 5-10 yrs of accounting exp. 3 yrs accounting exp in a job-cost based manufacturing environment. Advanced skills in Excel VLOOKUPs, Pivot Tables, charts.
Skills Preferred
Prior experience in Government accounting FAR is a strong plus.