Cost Accountant

Cost Accountant

Location: Oxford, North Carolina, USA
Employment: Full-time
Experience: 2–6 years
Compensation: Annual bonus of 10,000 (currency not specified), paid at year-end.

Job Summary

Responsible for inventory control, cost accounting, financial reporting support, inventory reconciliations, and selected accounts receivable activities. This role helps ensure accurate inventory records, reliable product costing, and compliance with accounting principles and company policies.

Essential Functions

• Inventory Controls: Develop, implement, manage, and improve inventory control procedures to ensure accurate inventory records and valuation.
• Product Costing: Establish and maintain accurate costs for manufactured and purchased finished goods, including material, labor, and overhead.
• Customer Account Support: Support selected customer accounts in the accounts receivable collection process, monitor outstanding balances, help resolve payment issues, and communicate account status.
• Cost Impact Analysis: Evaluate the financial impact of changes in product design, raw materials, supplier pricing, and manufacturing processes on product costs and margins.
• Physical Inventory & Cycle Counts: Assist with physical inventories and monitor cycle counts, research discrepancies, and support corrective actions.
• Purchase Price Monitoring: Work with Purchasing to identify, analyze, and report supplier and material price changes and their impact on product costs.
• Financial Close: Participate in month-end and year-end close, including inventory and cost reconciliations, analysis, and journal entries.
• Management Reporting: Prepare ad hoc financial and management reports by collecting, analyzing, and summarizing account information, operational data, and trends.
• Audit Support: Prepare schedules, documentation, reconciliations, and supporting information for annual financial audits.
• Continuous Improvement: Recommend and help implement improvements to accounting, costing, inventory, and reporting systems and procedures.
• Internal Controls: Follow established controls and develop additional controls where necessary to protect financial security and data integrity.
• Other Responsibilities: Support accounting, financial analysis, and related projects as needed.

Qualifications

• Thorough knowledge of accounting procedures and financial statements.
• Experience with general ledger functions.
• Advanced Microsoft Excel skills, including spreadsheets, formulas, data analysis, and reporting; proficiency with Microsoft Word and Outlook.
• Strong numerical aptitude, analytical skills, accuracy, and attention to detail.
• Self-motivated, able to apply business judgment and financial knowledge to solve problems.
• Strong work ethic and ability to work independently and as part of a team.
• Strong verbal and written communication skills, with the ability to communicate across organizational levels.
• Knowledge of Access and SQL is a plus.

Experience

Two years of accounting experience in a manufacturing environment.

Education

Bachelor’s degree in Accounting, Finance, or a related field.

Benefits

401(k), paid time off, health insurance, vision insurance, dental insurance, and life insurance.