Senior Cost Accountant

About this role

Location:
Alhambra, CA


Work Arrangement:
On Site


Position Summary:
The Cost Accountant will be responsible for developing, implementing and/or maintaining a standard cost accounting system. They will prepare journal entries; maintain and reconciles ledger accounts, collect data, allocate costs and prepare reports on labor, equipment, depreciation, assembly or other operating expenses, ensuring that established procedures are followed. They will also be responsible for preparing financial statements and variance reports as requested.


Key Responsibilities
Accounting and Financial Reporting

• Review standard material, labor, subcon fees and overhead costs
• Prepare journal entries and reconcile inventories to balance sheet
• Analyze gross margin, other cost of sales, inventory trends and turnover ratios, and production yield data
• Prepare audit schedules and footnote disclosures
• Support business unit and manufacturing groups with cost, manufacturing and inventory analysis.
• Support on HC and other COGS/Mfg Variance P&L Forecast in Adaptive.
• Assist in complying with Sarbanes-Oxley documentation and internal control requirements

Inventory Accounting and Control

• Work with Manufacturing to plan and conduct physical inventories
• Reconcile physical inventories to SAP systems for applicable locations
• Validate vendor reconciliations performed by our logistics group and follow-up as required
• Understand and monitor inventory movements and the impact on the P&L

Reporting and Analysis

• Validate GAAP and non-GAAP P&L results by performing detailed analysis of ‘cost of sales’
• Support Product/Customer margin analysis by reviewing, correcting and reconciling SAP transactions that drive detailed corporate and business unit P&L reporting. Reconciliation involves detailed analysis of business activity by P&L account, profit center and company code
• Support the analysis of variances incurred during producti...