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Job Description
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Duties and Responsibilities
Self-performed:
- Assists in performing month-end closings:
- Prepare necessary journal entries relating to inventory/cost of goods sold
- Review and check for reasonableness in inventory
- Review valuation and quantities
- Data input for journal entries
- Audit of journal entries
- Prepares inventory reports utilized in evaluation and analysis
- Investigates and revises transaction entries consistent with generally-accepted accounting principles and protection of company assets.
- Assists in compiling and calculating new cost center rates for inventory valuations
- Calculates and establishes new inventory standards for raw materials to be used in inventory valuation and cost of goods sold.
- Assists in providing financial input for capital expenditure requests.
- Takes a lead role in annual physical inventory by supporting operations ensuring that proper controls and cut-offs are followed. Calculates and post inventory results with journal entries. Engages with external auditor to review and audit procedures and results.
- Responsible for managing relevant costing information for material creation process; includes supporting make/buy decisions based on costing analysis and other sources.
- Correspond with other departments to ensure proper practices are being followed.
- Works with sales, marketing, and operations to evaluate costs and prices.
- Acts as an advisor to implement new procedures to ensure that efficient process are carried out in the most practical way.
- Perform special tasks, assignments, and ad-hoc projects as requested or needed by management.
Authority: Access to all information needed to carry out assigned duties. To recommend and implement procedural changes in general accounting practice.
Knowledge and Experience (minimum required):
Education: BA/BS in Accounting, Finance, or business related field Proficient with Microsoft Office applications; Excel in particular. SAP experience is a plus
Experience: 1-3 years in accounting field; costing and inventory experience in manufacturing environment (preferred)
Equal Opportunity Employer/Disabled/Veterans [or Vets]
Apply for Cost Accountant – Level 1 position using the link below:
https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment.html?cid=85b8e4d8-12e9-4e8a-ad97-2f84fa9701b9&ccId=19000101_000001&jobId=432136&lang=en_US&source=CC4
GIW Industries, Inc. (A KSB Company) is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.
This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. GIW Industries, Inc. (A KSB Company) makes hiring decisions based solely on qualifications, merit, and business needs at the time.
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