Sr Analyst, Cost Accounting

Company: Disability Solutions
Location: Cambridge
Posted on: November 16, 2023

Job Description:

About the Job
Sr Analyst of Cost Accounting reports to the Manager/AD of Cost Accounting and is responsible for inventory and cost accounting oversight to ensure accurate financial records. The incumbent leverages strong, detail oriented analytical and problem-solving skills and the ability to recognize and understand the cross functional impact of general and cost accounting transactions.
Key Responsibilities

• Work closely with Supply Chain members to track and monitor inventory movements, scrap, E&O reserves, cycle counts to ensure internal controls are functioning as designed.
  
• Complete inventory/cost accounting for month end financial close: post journal entries, prepare account reconciliations, inventory flux analysis and reporting, and analyze labor and overhead allocation.--
  
• Ensure accuracy and integrity of bills of material, including changes in the manufacturing processes for existing products by analyzing variances and creation of bills of material for new products.--
  
• Partner with Finance and Operations teams to drive process improvement and cost reductions.
  
• Develop, analyze, and maintain standard costs for products. Proactively identify omissions and errors in cost information to constantly improve standard costs.
  
• Establish, maintain, and update effective manufacturing cost allocation and cost classification models with the Finance and Operations departments.
  
• Assist with the budgeting/forecasting process for cost of goods sold and gross margin.
  
• Develop cost estimates for potential new products and projects in conjunction with the Finance, Purchasing and Operations Teams.
  
• Support Management reporting needs.
  
• Other duties as assigned.
  Qualifications
  Basic Qualifications
  
  • Bachelor's Degree in Finance or Accounting--
    
  • 4+ years of progressively responsible experience in accounting and finance roles with concentration in Management/Cost Accounting
    Preferred Qualifications
    
    • 3+ years of professional work experience working:
      
      • with standard costing
        
      • with inventory controls
        
      • with Microsoft Dynamics Great Plains and/or SAP
        
      • with FIFO perpetual cost accounting
        
      • analyzing cost related data and models
        
        
      • Advanced Microsoft Excel experience
        
      • Demonstrated history of successfully managing multiple concurrent initiatives, maintaining one's own workflow amidst competing priorities, and meeting project deadlines
        
      • Demonstrated organization and attention to detail
        
      • Strong interpersonal skills including written and verbal communication, collaboration, and problem solving
        
      • Demonstrated ability to work well under pressure while maintaining a professional demeanor
        
      • Understanding of HIPAA and the importance of patient data privacy
        
      • Commitment to reflect FMI's values: Passion, Patients, Innovation, and Collaboration
        #LI-Hybrid

Keywords: Disability Solutions, Cambridge , Sr Analyst, Cost Accounting, Accounting, Auditing , Cambridge, Massachusetts