*This is a Direct Hire/Permanent opportunity, not temporary*

Pay:

Min - $72,000; Mid - $90,000; Max $106,000

Bonus Details:

Bonus - Annual Incentive Plan (AIP), 15% Annual

Company Overview:

This client is the recognized world leader in supplying pumps, valves, seals, automation, and services to the power, oil, gas, chemical, and other industries. With approximately 16,000 employees in more than 50 countries, we combine our global reach with a local presence.

Function:

Act as integral part of Regional Accounting Team in performing cost accounting responsibilities, supporting Finance Business Partners and leadership of the Raleigh plant, and providing insight, consultation, and governance over the cost accounting model.

Scope of Responsibility:

Primary owner of inventory and cost accounting for Raleigh plant, supporting related cross-functional groups along with percentage of completion and other revenue accounting processes

Principal Accountabilities:

• Focus on process and efficiency improvements, identifying and escalating issues and bottlenecks
• Support the Accounting Supervisor and Finance Business Partners in the calculation of standard costs, rates and/or costing standards and analyze impacts in the product cost
• Inventory accounting (physical cycle counts, audits, and variance identification and resolution, ensure proper classification of inventory and material, and purchasing rates verification and calculation)
• Research, troubleshoot, and answer basic to complex questions and advise the Finance Business Partner organization on cost model issues (including In and Out margins analysis, participate and support project reviews, support special costing projects for customer quotations, productivity, efficiency and utilization analysis, etc.)
• Analyze variances from standard through financial closing of work orders on a timely basis, investigating the source of and resolving large variances
• Reconcile inventory accounts monthly and fulfill all related reporting requirements
• Explore and analyze root causes of any cost model or business finance issues and propose policy or process changes to improve work moving forward
• Identify cost incurred and participate on Project Status Review in order to obtain information to be used on Revenue accounting records and calculations for both Percentage-of-Completion and Point-in-Time projects
• Review Low Cost Margin on products and projects, review the Excess and Obsolete reserve, analyze and comply with Warranty and Capitalization of Manufacturing Variances policies, and ensure their accruals are accounted for properly and timely
• Provide actual information to be used as a base on Costs and Margins for Percentage-of-Completion and Point-in-Time projects forecast
• Support and provide value-added insight during implementation of SAP throughout the business requirements, data migration, and conversion processes
• Support plant- and company-wide initiatives related to shortening the close process, efficiency KPIs, rework, backlog reduction, etc.
• Work cross-functionally with Supply Chain, Manufacturing, Planning, Project Management, and Engineering to complete all job responsibilities on a timely basis
• Assist with documentation, explanations, and ad hoc reporting related to interim and year end audits

Qualifications:

• Five or more years relevant cost accounting experience at industrial manufacturing companies
• Bachelor’s Degree in Accounting
• Experience in project-based organization
• Experience with SAP required
• Intermediate to advanced Excel spreadsheet skills required
• Knowledge of and familiarity with USGAAP
• Percentage of Completion (POC) accounting experience is a plus
• Process-oriented approach with focus on quality work products and deadline adherence
• Good research and issue resolution skills; Proactive attitude
• Excellent problem solving and critical thinking skills; ability to apply judgement
• Attention to detail and accuracy with the ability to package and present complex information in an effective and efficient manner
• Ability to assess and recommend solutions for assigned projects
• Ability to prioritize, plan, perform and communicate activities both in written and verbal form
• Ability to work with remote in a decentralized matrix organization

Job Type: Full-time

Pay: $72,000.00 - $106,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Physical setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Supplemental pay types:

• Bonus pay

Education:

• Bachelor's (Required)

Experience:

• Cost Accounting at Industrial Manufacturing Companies: 5 years (Required)
• SAP: 1 year (Required)
• Project Based Organiation: 1 year (Required)

Work Location: In person

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