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Cost Accountant-11517-2

Location : North Nashville
Job Type : Direct
Hours : Full Time
Required Years of Experience : 3+
Required Education : Bachelor's Degree
Travel : No
Relocation : No
Job Industry : Manufacturing
Job Category : Accounting/Tax

Job Description :

As a key member of the Finance team for the Division, the Cost Accountant will report to the Controller for the Division and assume an operational and strategic role in reporting accuracy. The Cost Accountant will have primary day-to-day responsibility to ensure that Product Cost is accurate, Inventory is valued properly and Property Accounting accurately reflects the appropriate position on the Balance Sheet. 



A.    Product Costing

  • Work collaboratively with the Operations, Sales, and Engineering teams to understand and analyze product costs.

  • Understand and monitor facility work center costs to ensure continuous improvement and accuracy in the company quote model.

  • Calculate and update standard costs in Shop Edge and the standard cost sheet (Direct Materials, Labor and Overhead) as required.

  • Update and maintain the Material Check Program and ensure monthly inventories are costed accurately and make required journal entries.

  • Lead the initiative for the Division to implement a Product Costing module in Shop Edge including the development of required reports.


B.    Monitor Periodic Reporting to support accuracy in Financial Reporting

  • Prepare required weekly, monthly, and quarterly reports for Purchase Price Variance, Part Margin analysis, Material Check Program Reconciliation including the revaluation of inventory related to surcharges and exchange rate fluctuations.

  • Verify accuracy in operational reports related to inventory costing accuracy and KPI’s.

  • Monitor the cycle count program via weekly cycle count audits to improve inventory accuracy.

  • Provide analysis and support to the organization’s Associate Involvement teams to assist in calculating cost savings.

  • Maintain Tooling Inventory, Costing and Billings. Perform profitability Analysis on same.

  • Prepare periodic Scrap Variance Reports to submit to Shared Services for consolidation.


C.    Verification of Changes in Price and Cost

  • Validate and control material price changes.

  • Develop process to ensure Customer pricing changes occur as appropriate to material price changes.

  • Work with Sales to develop a procedure to audit monthly customer invoiced prices.


D.    Oversee compliance in areas related to Costing and Property Accounting

  • Participate and maintain the necessary functions for the APQP process.

  • Perform material resale program reconciliations.

  • Monitor scrap credit agreements and verify accuracy for accruals.

E.    Manage the Property Accounting function

  •  Maintain Fixed Asset registers.

  • Calculate monthly depreciation and prepare related journal entries.

  • Provide accurate accounting for all asset acquisitions/transfers/disposals.

  •  Prepare the monthly Fixed Asset Roll Forward schedule as required by the Shared Services group.

  • Monitor the Capital in Process status including all reporting requirements.

  • Review Capital Acquisition Request forms for accuracy and payback calculations.



Required Qualifications :

  •  Bachelor’s Degree in Accounting, Finance, Business or related discipline.

  • Preference will be given to individuals with a recognized Accounting Designation (CPA, CGA, CMA).

  • Minimum of three (3) years cost accounting experience in an automotive or manufacturing environment.

  •  Exposure/experience related to Property Accounting.

  • Solid working knowledge and experience with Microsoft Office and other computer-based applications (e.g., MS Word, MS Excel, MS PowerPoint, MS Outlook, Internet, etc.).

  • Systems implementation experience strongly preferred.

  • Working knowledge and “Hands On” experience with ERP Systems.

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