Job Information
Neotech Sr. Cost Accountant in Chatsworth, California
NEOTech is a leading provider of manufacturing technology and supply chain solutions for brand name OEMs in the industrial, medical and military/aerospace markets. The company's headquarters is based in Chatsworth, CA with additional locations in the U.S. and Mexico.
To learn more about NEOTech, please visit: www.neotech.com
NEOTech is hiring a Sr. Cost Accountant. This is an onsite position and is based in the company's headquarters in Chatsworth, CA.
Pay Range: $120,000.00 - $150,000.00 (Wage to be determined by the experience, knowledge, skills, and abilities of the candidate, and alignment with market data)
NEOTech offers a great working environment! The Chatsworth location also has an onsite gym with sauna and showers.
SR. COST ACCOUNTANT
Summary
Manage Cost Accounting System to ensure accurate inventory valuation and cost of goods sold. Perform analysis of manufacturing costs in order to plan and control inventory levels and profit margins. Assist department and program managers in analyzing part cost variances and program financial performance.
Key Responsibilities/Duties
Analyze and report the variances generated from the manufacturing reporting system and inventory purchases and usage. Work closely with operations to fully understand and report the cause of variances.
Monitor changes to the manufacturing reporting system to ensure that all changes are correct from the standpoint of determining actual cost and inventory valuation.
Analyze and support inventory cycle counts to ensure accuracy and completeness. Follow through with Production Control to ensure that issues resulting from the cycle counts are properly resolved in a timely manner.
Analyze and report slow moving inventory.
Analyze and report the adequacy of the Excess and Obsolete inventory reserve on a quarterly basis.
Analyze and report scrap on at least a quarterly basis.
Monitor collection and allocation of actual costs to work orders to ensure accuracy and compliance with company policies
Reconcile the perpetual inventory sub system to the general ledger monthly.
Review and reconcile the Gross Margin report monthly.
Run all month end reports and process inventory statistics.
Analyze and report Capitalized Variance, Purchase Price Variance, Inventory Adjustments and Standard Change Variance accounts monthly.
Analyze and report Work In Process and Stock Room inventory on a monthly basis.
Coordinate the annual year-end physical inventory count and observation by external audit firm.
Prepare and review the inventory/cost of goods sold journal entries, and all related reports and analysis to ensure proper valuation of inventory
Assist program managers in analyzing contract cost variances, contract gross margins, and overall program financial performance.
Assist in developing cost accounting procedures as needed.
Provide assistance where needed with month end close.
Remain flexible and willing to provide assistance in different area of the accounting department as needed.
Qualifications
Education/Experience Required
BS/BA Degree in accounting, CPA certification is preferred.
5-7 years of experience as a cost accountant
Specific Knowledge, Skills, Licenses, Certifications, etc:
Thorough understanding of job cost and inventory systems
Knowledge of technical accounting skills
Good organization and documentation habits
Math and problem solving skills
Proficient in Excel, Word
Detail oriented and accurate
Ability to interface with multiple levels in the organization
Ability to work independently and with little direction on normal recurring work
Very good communication skills – succinct, accurate, timely in written and verbal formats. Must be able to communicate GAAP, company policy, and regulatory requirements to non-accounting personnel in a professional and persuasive manner, to include education and training of others.
Some travel required
Due to ITAR and / or CUI compliance, this position requires candidates to be a U.S. Citizen, Permanent Resident Alien, or Protected Individual per 8 U.S.C.1324b(a)(3).
Benefits Include
Comprehensive benefit package including medical, dental and vision coverage.
Company-paid basic life/AD&D insurance, short-term and long-term disability insurance.
Voluntary supplemental insurances, FSA and HSA spending accounts and employee assistance program (EAP).
Paid sick Leave, vacation time, and company paid holidays are also provided as paid time off.
401(k) Retirement Savings Plan with a company match.
NEOTech is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran status, or any other characteristic protected by applicable federal, state, or local law.
NEOTech has a long-standing commitment to maintaining a safe, quality-oriented and productive work environment. We also want all employees to perform their duties safely and efficiently, in a manner that protects their interests and those of their co-workers. We recognize that alcohol and drug abuse pose a threat to the health and safety of NEOTech employees and to the security of the Company’s equipment and facilities. For these reasons, NEOTech is committed to the elimination of drug and alcohol use and abuse in the workplace. Candidates being considered for hire must pass a pre-employment background check and drug test which include screening for illegal drugs and marijuana.