Cost Accounting Manager

at The Atlas Group in Wichita, Kansas, United States

Job Description

The Cost Accounting Manager is directly responsible for maintenance of the standard costing system and the correct valuation of physical inventory. The Cost Accounting Manager is responsible for ensuring accurate and timely reporting of part standard cost and explanation of cost variances to standard, participating in the annual budget preparation, and maintenance of the overall costing system. This role requires a comprehensive knowledge of cost accounting and the ability to leverage ERP systems and accounting platforms to optimize financial operations. This position reports to the Corporate Controller.

• Complete the creation and implementation of standard costs at four companies.
• Ensure the accuracy of part costs, inventory values and monthly variances to standard.
• Analyze performance to understand and communicate Period End Variance Analysis.
• Review job close variances and communicate root cause.
• Prepare monthly inventory reconciliation and calculate reserves for excess inventory

• Analyze over/under absorption of overhead.
• Maintain all company processes and policies for inventory valuation including absorption, E&O reserve policy and cycle count process.

• Support Finance team in preparation of annual Budget and monthly Forecast.
• Support conversion of ERP system.
• Leverage ERP systems and financial platforms to improve reporting, analysis, and operational efficiency.
• Ensure compliance with all accounting regulations, standards, and legal requirements.
• Maintain company policies regarding the valuation of inventory
• Other duties as assigned 

Team Development and Leadership:

• Support and provide clear communication to the accounting team.
• Collaborate with other departments to develop an understanding of standard costs.
• Ensure any direct reports in supervisor/manager/lead roles are carrying out responsibilities in accordance with the organization’s policies and applicable laws with the guidance of HR; including interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems
• Foster a culture of collaboration and team work to staff at all levels