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Reports To: Controller
1
Role Purpose:
Develop and enhance the costing function and own the production variances and continuous
improvement items around these variances. Provide insight into the product margins and
variances. Develop product line P/L’s, determine what customers and product lines are
profitable and recommend ways to improve profitability. Improve efficiencies and reduce costs.
Assist the organization to increase reliance upon data driven performance metrics. Assist in the
development and launching of a best-in-class cycle counting program. Ensure internal controls
are designed and operationally effective in accordance with GAAP.
Role Responsibilities:
• Participates in the preparation of the annual standard cost development of the business
• Complete other ad-hoc and/or standard reporting processes as necessary
• Participates in the preparation of the annual operating plan, periodic forecasting and projections
for the business.
• Prepare analysis of cost out projects for the manufacturing operations, which might include
purchase price, material usage, labor and overhead variances.
• Develop the cost of new products when required
• Supports the preparation of month end divisional and corporate reporting required
• Supports the focus factory management in evaluating or identifying opportunities to improve
manufacturing variances.
• Prepares and interprets reports that compare budgets with actual expenses.
• May prepare existing or projected profitability analyses.
• Analyze and interpret financial performance, make recommendations to operations to maximize
site financial results; establish targets as necessary/appropriate
• Partner with Operations to drive initiatives improving operating performance including (but not
limited) yield improvements, labor efficiency, spending and total cost reductions
• Maintain internal control procedures, policies, and practices to ensure that the organization’s
financial activities follow corporate policies, good accounting practices, procedures and
regulations established by federal and local laws.
Education:
• Bachelors Degree required in Finance or Accounting
• CPA or CMA preferred but not required
Effective Date:
Doc. Title: Role Definition Revision:
Role Title: Cost Accountant Date: August 19, 2022
Reports To: Controller
2
Experience and Competencies:
• Minimum of 4 years of relevant experience with at least 2 years in a Cost accounting position
within a manufacturing environment., or advanced degree with a minimum of 2 years relevant
experience
• This role requires critical judgment, a high level of initiative, a wide degree of creativity and complex
reasoning to solve department-level and company-wide issues. Relies on experience and judgment to
plan and accomplish goals.
• Strong working knowledge of full absorption accounting and GAAP.
• Experience in capacity planning, MRP and ERP
• Computer savvy and strong Excel skills
• Experience with Syteline or other Infor products is a plus
• Demonstrated experience leading small to medium-scale projects.
• Experience working in a team environment and ability to work independently.
• Demonstrated ability to learn and adopt new concepts and technologies.
Other:
• Travel Requirements: Seldom travel as required in performance of job duties; to include travel
between Follett business locations; to attend meetings/training outside the company as requested.
• Physical Requirements:
o Occasional lifting of up to 20 lbs.
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