Job Title 

Cost Accountant

Summary

The Cost Accountant owns the accuracy of manufacturing cost and inventory valuation across Joyce/Dayton's Portland, Indiana and Clayton, Ohio plants. This position performs the daily costing cycle in the Epicor Kinetic ERP system, validates and corrects inventory and work-in-process activity, reconciles the inventory subledgers to the general ledger, and prepares the cost accounting portion of the monthly close. The role works closely with Purchasing, Scheduling, Quality, and Production to ensure cost data is complete, accurate, and properly allocated. This position reports to the Controller and is salary exempt.

Job Description

Essential Duties and Responsibilities: 

Daily Costing and Plant Activity Review

• Complete and continuously refine a daily process to review costing and production activities performed at the plants within the Epicor Kinetic ERP system.

• Review and correct work in process (WIP) and inventory activity, including ensuring materials are properly picked, labor entries are accurate, and jobs are properly completed through receipt to inventory or shipment to customer.

• Review negative inventory and coordinate correction with the plants.

• Review labor entries prior to the month-end inventory/COS subledger capture as the finance review for reasonableness and accuracy.

• Perform time and expense entry updates.

• Perform job entry corrections, including auto-receive settings, production quantities, and material additions.

• Execute job completion and closing after validation of costs and quantities.

• Review parts with quantity on hand that are classified as non-inventory.

• Review and process cases for cost accounting specific tasks, including those involving repair and evaluation orders or teardown jobs.

Inventory Valuation, Adjustment, and Reconciliation

• Adjust part cost and part quantity within assigned authority.

• Monitor and report on average cost trends to ensure the validity of average cost for inventory on hand.

• Balance the inventory subledger to the general ledger, including work in process.

• Balance the inspection and DMR inventory subledger to the general ledger.

• Prepare the scrap report and process DMR write-offs.

• Prepare the slow moving inventory report.

• Prepare the obsolescence analysis and recommend the obsolescence reserve.

• Perform periodic analysis of defective material and report results and findings to Management.

Cycle Counting & Physical Inventory

• Manage the cycle counting program at the Portland, IN location, including generating parts to count and monitoring changes.

• Monitor and report on cycle count adjustments. Prepare written reports and analysis of the results of the count program.

• Assist the planning and coordination of annual physical inventory activities at the Portland, IN facility.

• Review and process monthly physical count adjustments for the Clayton, IN facility.

Month-End Close and Analysis

• Perform month-end close activities related to cost accounting.

• Prepare and enter costing journal entries.

• Prepare gross margin analysis.

• Oversee Engineering in the creation of product development cost tracking.

• Create analyses for Operations and Cost Accounting items, as needed.

• Create and update queries to efficiently review and analyze large volumes of data.

Other responsibilities

• Authorize purchase order variances in accordance with the Company’s Obligation Matrix.

• Work with Quality, Purchasing and Receiving to review and resolve DMRs (discrepant material reporting) involving credits from suppliers.

• Review debit memos and reconcile the supporting subledger query to the general ledger.

• Perform shipment entry for dummy shipments and shipment corrections.

• Perform backup functions for other team members, as necessary.

• Assist in special projects as necessary and perform other duties as assigned.

• Continually identify opportunities for improved efficiency and accuracy.

Critical Skills:

• Trustworthiness- We earn trust through honesty, integrity and reliability.

• Adaptable- We are able to maintain effectiveness in a changing environment.

• Approachable- We are open minded, friendly, engaging, understanding and empathetic; being comfortable engaging in challenging conversations.

• Curious- We improve the organization by seeking information and knowledge to continually grow and learn and reduce moments of uncertainty and ambiguity.

Minimum Qualifications: 

• Bachelor’s degree in Accounting

• 2-5 years experience with similar accounting responsibilities.  Experience in a manufacturing environment is required.

• Advanced proficiency with MS-Office applications and advanced excel skills (pivot tables, formulas, etc.) is essential.

• GSuite proficiency including use of google sheets and Gmail is a plus.

• Familiarity with Kinetic (Epicor) or similar fully integrated manufacturing ERP system is preferred.

• Exceptional organizational abilities.

• Excellent written and verbal communication skills, both internal and external to the organization.

• Ability to work independently and multitask in a fast-paced environment.

• High level of integrity and dependability with a strong sense of urgency and results-orientation.

• Willing and able to travel regionally and out of state to visit the corporate office and Clayton operations in Ohio up to 10% of the time.

Physical Requirements:

• Prolonged periods standing.

• Prolonged periods sitting at a desk and working on a computer.

• Must be able to lift up to 35 pounds at times.

Time Type

Full time

Joyce/Dayton Corp. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of age, race, color, religion, gender, sexual orientation, national origin, disability, or veteran status.