Senior Cost Accountant

Company: DUREZ CORP
Location: Niagara Falls
Posted on: April 9, 2021

Job Description:

General Purpose:The Senior Cost Accountant shall hold responsibility for managing the overall financial operations, and will provide accurate information to the Business Team, including analysis, budgeting, forecasting and preparing financial reports. The Senior Cost Accountant will be responsible for directing and managing the company's accounting functions, including establishing and maintaining accounting principles, practices, and procedures as well as the preparation of financial statements and reporting to top management and externally. The Senior Cost Accountant also maintains the company's accounting systems and implements changes as required. Travel may be required.Essential Functions:Responsibilities that are requirements in order to perform the job:Manage the accounting operations including the review of journal entries, payroll, accounts payable, accounts receivable and statutory reportingResponsible for accuracy of all inventory and fixed asset values in the accounting system.Maintain and analyze the company's cost accounting system.Develop and update standard costs in the bill of materials and for inventory valuation.Planning, studying and collecting data to determine costs of manufacturing activity such as raw material purchases, inventory and labor.Work closely with plant personnel to ensure they are following company inventory procedures.Coordinate cycle counts and annual physical inventory including the investigation of major variances to determine root causes.Validate the cost of goods sold as part of the month-end close.Participate in Bill of Material (BOM) set up, maintenance and review for manufactured items and assist in making estimates for new and proposed product costs.Establish and monitor internal controls to ensure that accounting activities are in accordance with established legal regulatory and company policies and proceduresBudgeting and forecastingPrepare, analyze and present monthly, quarterly and annual operating results for each departmentWork with operations to define, measure, analyze, improve and control current processes which impact customer quality and influence internal operating efficiencyProvide strategic analysis as required to drive improved decision makingWork with external auditors, and Resin Business TeamPrepare and present financial information for quarterly and annual reportsWork with sales team on product pricing, costing and marginsGood project management skills and the ability to motivate teams to produce quality work within tight timeframesProfessional written and verbal communication skillsExcellent leadership, communication, presentation, problem solving and organizational skills are essentialAbility to adapt to and learn new softwareAble to work efficiently as a part of a team as well as independentlyHigh level of critical and logical thinking, analysis, and/or reasoning to identify underlying principles, reasons, or factsAble to work well under pressure and meet set deadlinesGood organizational, time management and prioritizing skillsAbility to interpret and implement company policies and proceduresAttention to detail in all areas of workResponsible for the accuracy and timeliness of financial informationImplementation and management of internal controls with respect to financial policies, processes and proceduresProvides advice and guidance on all accounting matters including financial systems, record keeping, analysis, and reportingCoordinating the year-end audit and preparation of audited financial statementsResponsible for the preparation of monthly financial statements and external reporting to financial institutions, ensuring that all reporting requirements are metAll other financial reporting to various companies and agenciesGeneration of reports of performance against budgetsSupporting new systems or project selections and implementation from a strategic finance and internal control perspectiveEnsures rapid and consistent collection of receivables by refining and implementing control mechanismsAssigns and authorizes checks, purchase orders and invoicesPromotes and maintains positive corporate relations with the financial communityWith input from the Corporate Finance Manager, responsible for the formulation of accounting policies, procedures and controlsInteract and support other accounting staff as necessary Supportive Functions: In addition to performance of the essential functions, this position may be required to perform a combination of supportive functions based on business needs: Other related duties and required or assigned Knowledge, Skills & Abilities:The individual must possess the following knowledge, skills and abilities and be able to explain and demonstrate that he or she can perform the essential functions of the job, with or without reasonable accommodation:Thorough knowledge of all relevant Federal, State, and local requirements regarding financial records, pension, profit sharing, and the like is essentialProficient communication, interpersonal and organizational skills are vital to the roleKnowledge of accounting principles, practices and applicationsKnowledge of budget preparation and analysis techniquesAdvanced knowledge of MS Office and ExcelAbility to attend and conduct presentationsAbility to work overtime, if necessaryEducation/Experience Guidelines:Degree in Business/Accounting, with advanced degree or professional accounting designation (such as CA, CPA, CGA, CMA, CMT) preferredExtensive experience and knowledge of all aspects of corporate accounting and financial managementExperience overseeing audits performed by external audit firmsFinancial analysis, budgeting and some strategic planning experience Physical Demands:These physical demands are representative of the physical requirements necessary for an employee to successfully perform the essential functions of the job. Reasonable accommodation can be made to enable people with disabilities to perform the described essential functions:Specific vision abilities required by this job include close, distance and color vision. While performing the duties of the job, the employee is regularly required to sit, walk and stand, use hands to handle or feel, reach with hands and arms, and talk or hear. The employee is occasionally required to climb or balance, stoop, kneel, crouch or crawl. The employee must occasionally lift and/or move up to 10 pounds. Work Environment:The noise level in the work environment is usually moderate due to business equipment and light office traffic. On occasion, the employee will be exposed to loud noise, wet/humid conditions (non-weather), fumes or airborne particles, outdoor weather, extreme heat/cold (non-weather), and toxic or caustic chemicals. PI132800859

Keywords: DUREZ CORP, Niagara Falls , Senior Cost Accountant, Accounting, Auditing , Niagara Falls, New York