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Cost Accountant

Company: Transpak, Inc.
Location: Lincoln
Posted on: May 24, 2023

Job Description:

Who We Are

Originally founded in Silicon Valley in 1952, we've been a private, family owned and operated business since 1969. We are humbled by the long-term relationships with our customers, earned through the packaging solutions we offer, including design, engineering, testing, manufacturing, and fulfillment of custom and stock packaging

Your Role

Cost Accountant

Work Location: Hybrid / Remote from Washington, Oregon, California, Arizona or Texas

Compensation: $66,317 to $90,602 per year. The offered base compensation may vary depending on factors including location, local market data and your unique skills, and experience

Benefits: Medical, Dental, Vision, 401k, Life Insurance, Flexible Time Off, Paid Sick Leave, and Holiday Pay

The Cost Accountant will work closely with Finance Accounting Team, Company's ERP Team, and Operational Management. This position works within tight deadlines and requires hands-on preparation of month-end inventory costing / general journal entries. Daily monitoring inventory accuracy related to cycle count audit, inventory average cost, inventory miscellaneous adjustments, work order material usage, labor / OH applied, work order completion, work order variance analysis. Collaboration with Procurement Team / General Accounting Team related to material purchases and RNI

The successful candidate must have prior Cost Accounting experience in a Manufacturing environment

What You'll Be Doing

Essential Functions

--- Daily monitor non-routine inventory transactions

--- Preparation of journal entries and account reconciliations

--- Collaborate and provide support to accounting team ensuring close deadlines are met

--- Review daily cycle count variances and report accuracy metrics by site

--- Review daily large scrap transactions and research for reason and actual physical disposal

--- Research suspense account activities for reclass journal by site

--- Run daily negative margins report and distribute to GM's

--- Daily support to site operations of work order actual material usage and reasonableness

--- Support and review site work orders and research large variances

--- Root cause analysis for large material, labor, OH work order variances

--- Assist site operation on corrective action to reduce work order variances

--- Record current month scrap/damage expense, summarize, and distribute to site GM

--- Reconcile inventory ledger to subledger and corrects any discrepancies

--- Trace purchased materials (Intersite / intercompany / supplier) and review aged RNI

--- Perform other duties or special projects as requested by management

--- Assist in audits, including quarterly and year-end audits

What We'd Like to See from You


--- BA/BS in Accounting or Finance, or equivalent education

--- Cost Accounting experience in a Manufacturing environment

--- 3+ years of experience in inventory, cost accounting, revenue, and reporting

--- Strong understanding of General Ledger structure and knowledge of GAAP

--- Experience with multi divisional and line of business operating income reporting

--- Strong verbal and written communication skills

--- Team player with a positive attitude and a strong thirst for knowledge

--- Strong proficiency in Microsoft Excel, Word and ERP experience

Highly Desired

--- Experience working in a global, medium-sized, multi-location manufacturing environment

--- Ability to be detailed oriented, handle multiple tasks and priorities, and work effectively under pressure

Interested but Concerned You're Not Qualified?

Don't meet every single requirement? At TransPak, we are building a diverse, inclusive and authentic workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this, or other, openings

We look forward to reviewing your application

TransPak Talent Acquisition Team

Keywords: Transpak, Inc., Lincoln , Cost Accountant, Accounting, Auditing , Lincoln, California

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