Cost Accountant

Instrumentation Laboratory - San Diego, CA

Full-time

San Diego, CA

Miscellaneous Manufacturing

About the position

The Cost Accountant will be responsible for managing financial reporting and account analyses under moderate supervision. This role involves preparing weekly reports, conducting month-end closing activities, performing periodic standard cost rolls, and reconciling inventory accounts. The Cost Accountant will collaborate closely with various teams to support operational objectives and ensure accurate financial data management.

Responsibilities

• Analyze GL accounts and prepare weekly activity reports, e.g., work order variance report, PPV report, scrap tracking report, etc.
• Review work order closures, analyze work order variances and work with Ops team to resolve significant variances.
• Analyze cost center expenses compared to budget throughout each month, and record correcting journal entries, when necessary.
• Assist in analyzing monthly/quarterly product costing results and variances.
• Assist in creation of weekly high-level Manufacturing P&L 'flash reports' for Operations Senior Staff.
• Prepare journal entries and inventory account reconciliations.
• Participate in annual cost roll process, to include working with Supply Chain team on material costs as well as working within ERP system to run several cost simulations prior to annual roll.
• Assist with special projects, as needed.

Requirements

• Bachelor's degree in accounting, Finance, or related field
• Minimum two (2) years of experience in cost accounting or related fields
• Experience with product cost/cost accounting, general accounting, and budgeting activities
• Solid working knowledge of financial concepts, theory, and generally accepted accounting principles (GAAP)
• Experience with large enterprise resource planning (ERP) system, preferably SAP
• Advanced knowledge of Excel; working knowledge of Microsoft Office
• Demonstrated attention to detail
• Ability to provide accurate and meaningful data
• Ability to research GL account activity
• Strong written and verbal communication skills