Nesco Resource is recruiting for a growing client in the Columbus OH marketplace. Our client is opening a new facility in the Columbus, OH area and looking to add a Cost Accountant to its team.
the role you will perform is as follows:- Develop strategies to reduce costs and study product pricing to ensure the best possible return on investment for the company.
- Performance and productivity analysis.
- Analyze financial performance and contribute to business planning/ forecasts.
- Creation of KPIs for production areas enabling measurement, monitoring, and tracking of performance.
- Working closely with Supply Chain and Operations identifying action plans needed to control costs.
- IT familiarity and the ability to work independently where required.
- Investigate discrepancies in financial records and perform month-end close activities, including journal entries and reconciliations.
- Conduct regular audits, interpret rules related to accounting practices.
Your tasks
- Examine costs of production to determine the most efficient methods of production.
- Updating the standard costs of products and services based on the associated expenses.
- Predicts, plans, and records variable costs such as purchases of raw material, labor, and operation costs.
- Analyzing organizational data and assessing rates of labor, depreciation and overhead to recommend policy amendments that will improve numbers.
- Reviews, analyzes, and reports actual profit margins and analyze trends of highs and lows.
- Research material costs to ensure the accuracy of the information in the company's accounting system.
- Participate in physical inventory counts to ensure the accuracy of inventory records.
- Preparing monthly or quarterly reports for senior management.
- Reviewing and maintaining general ledger entries by evaluating records and files as well as reconciling accounts.
- Inventory & WIP
- Bill of Materials & Time Studies
- Cost of Quality & Warranty provision
- Prepaids & Accruals
- Fixed Assets & Capitalized Leases
- Job Costing & Gross Margin
- Assist with internal and external audits.
- Answers accounting and financial questions by researching and interpreting data.
Required skills and qualifications.
- A bachelor's degree
- 5 years of experience in an equivalent role.
- Proficiency in accounting software like QuickBooks or SAP
- Proficient in Microsoft Office Suite or related software.
- Well-acquainted with GAAP and IFRS accounting principles
- Exceptional ability to think critically and make decisions based on data analysis.
- Excellent communication and presentation skills in discussing financial reports.
- Good project management skills
- Experience in job costings preferred.
- Excellent analytical and organizational skills, with close attention to detail.
Preferred skills and qualifications
- Passion for numbers and competence in assessing larger datasets.
- Aptitude for mathematics, statistics, and various cost analysis techniques.
- Unswerving critical, analytical, and interpretation capabilities.
- Strong interpersonal and teamwork skills with the ability to work with colleagues at all levels including non-finance staff.
- Strong organizational skills with the ability to work under pressure and to deadlines.
- Ability to multitask, prioritize, and organize effectively.
- Construct systems to accumulate and monitor data.
- Ability to maintain confidentiality of company and client information.
- Desire to continue professional growth through training.
Nesco Resource offers a comprehensive benefits package for our associates, which includes a MEC (Minimum Essential Coverage) plan that encompasses Medical, Vision, Dental, 401K, and EAP (Employee Assistance Program) services.
Nesco Resource provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.