Senior Cost Accountant

Company:  Vaco
Location: Los Angeles
Closing Date: 18/10/2024
Salary: £150 - £200 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Our client is seeking a Senior Cost Accountant to oversee cost accounting functions of inventory, cost of goods sold, and detailed financial analysis.

Responsibilities:

  • Manage the accounting and reconciliation of inventory, including raw materials, work-in-progress (WIP), and finished goods. Ensure inventory values are accurate and properly reflected in the general ledger.
  • Analyze and report on manufacturing costs, variances, and profitability. Prepare detailed monthly and quarterly cost reports, including COGS, and provide insights into trends, cost drivers, and potential efficiencies.
  • Oversee the calculation and reporting of COGS for apparel products, ensuring accuracy and compliance with accounting standards.
  • Maintain and audit the Bill of Materials for each product, ensuring that all production inputs are properly accounted for and reflect actual costs.
  • Lead month-end and year-end close processes related to cost accounting, including preparing and posting journal entries, performing reconciliations, and generating necessary financial statements.

Requirements:

  • Bachelor's degree in Accounting, Finance, or related field
  • 5+ years of cost accounting experience
  • Experience managing Bill of Materials (BOM) and conducting variance analysis.

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

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