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Cost Accountant Job at Loos & Co.

Loos & Co. Pomfret Center, CT 06259

General Purpose of the Position:

To provide financial reporting, costing and financial services to ensure efficient, timely and accurate financial information and reports.

Essential Duties and Responsibilities:

  • Planning, studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor

· Analyzing data collected and recording results

· Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost

· Analyzing actual manufacturing costs and preparing periodic reports comparing actual production costs and recommending changes

· Recording cost information for use in controlling expenditures

· Analyzing audits of costs and preparing reports

· Making estimates of new and proposed product costs

· Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.

· Maintaining Cost Accounting System

· Assisting in Month end close of the General Ledger

· Conducts physical inventories and monitors cycle count program

  • Reconciles finished goods inventories
  • Design periodical, weekly, and quarterly sales reports
  • Coordinate with departments and compile and review all financial information and prepare special reports and perform appropriate research
  • Other duties as assigned

Position Requirements:

  • High school diploma, or equivalent required
  • College diploma in a related field preferred

· Must have a strong Cost systems background and have excellent analytical skills; sound understanding of accounting principles.

· Computer Literate – Strong Excel skills and the ability to use Outlook and Word

· Experience working with engineering and manufacturing personnel on development and analysis of cost standards

· Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports

· Microsoft Dynamics 365 experience a plus.

Competencies:

  • Attention to detail and accuracy
  • Data entry skills
  • Interpersonal skills
  • Good communication skills
  • Organizational skills
  • Information management
  • Problem-solving skills
  • Decision-making skills
  • Stress tolerance
  • Tenacious
  • Negotiation skills
  • Conflict management skills

Physical Requirements/Working Conditions:

· Frequent sitting, occasional standing and walking.

· Ability to lift up to 10 lbs.

· Overtime may be required.

Job Type: Full-time

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Physical setting:

  • Office

Schedule:

  • Monday to Friday

COVID-19 considerations:
All employees must be fully vaccinated against COVID-19.

Ability to commute/relocate:

  • Pomfret Center, CT 06259: Reliably commute or planning to relocate before starting work (Required)

Experience:

  • Accounting: 1 year (Preferred)
  • Cost accounting: 1 year (Preferred)
  • ERP systems: 1 year (Preferred)

Work Location: One location




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