Cost Accountant Job at Staff Financial Group, Cleveland, OH

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  • Staff Financial Group
  • Cleveland, OH

Job Description

Cost Accountant 
Compensation: $76k annually, with the potential for a sign-on bonus of up to $7,500 for well-qualified candidates.
Relocation: Relocation package or lump sum available.

Role Focus:

  • Payroll: 20%
  • Accounts Payable (AP): 35%
  • Inventory & Cost Accounting: 40%
  • Other Duties: 5%

Key Qualifications:

  1. Bachelor's degree in Accounting, Finance, or related field.
  2. Strong experience in cost accounting, particularly in a manufacturing environment.
  3. Familiarity with payroll management.
  4. Proficiency in financial analysis and reporting.
  5. Experience in inventory management and cost control.

Responsibilities:

  • Cost Accounting: Manage all cost accounting functions within the manufacturing facility, including purchasing, production, shipping, and inventory control. Ensure accurate tracking of costs and proper reflection in P&L and balance sheet accounts.
  • Expense Forecasting: Assist in preparing detailed monthly and quarterly expense forecasts, focusing on operational costs and capital expenditures to guide management in budgeting decisions.
  • Payroll Management: Process weekly payroll, ensuring timecards are accurate and payments are made on time.
  • Accounts Payable Oversight: Review and resolve discrepancies with open receipts and invoices, ensuring timely and accurate payments to vendors.
  • Month-End Close: Prepare and post journal entries as part of the month-end close process, ensuring accurate and timely financial statements.
  • Inventory & Asset Control: Maintain and improve inventory accuracy through cycle counts, physical inventory checks, and proper tracking of fixed assets.
  • Capital Expenditure Management: Coordinate the preparation of capital expenditure requests (CERs), working with project managers to assess financial viability, monitor project spending, and ensure timely project completion.
  • Cost Reduction & Analysis: Collaborate with various departments to identify cost-saving opportunities, evaluate performance against budgets, and recommend strategies for improving profitability.
  • Financial Reporting: Monitor spending trends and report financial results to management on a monthly, quarterly, and annual basis. Utilize cost accounting insights to provide recommendations for controlling expenses.
  • Process Improvement: Support the development and implementation of process improvements to enhance cost efficiency, ensure policy compliance, and streamline accounting operations.

Job Tags

Full time, Relocation, Relocation package, Relocation bonus,

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