Cost Accountant

Job Locations US-MA-Beverly
Job ID
2018-1208
# of Openings
1
Category
Finance

Overview

We love lab automation!  At HighRes, we provide innovative laboratory automation systems, dynamic software solutions, and lab automation devices with superior technology to accelerate and streamline discovery. We offer highly flexible, modular and mobile solutions that provide our clients with the ability to scale and reconfigure their automation systems as assays or technologies change.

Responsibilities

The cost accountant will perform accounting activities related to the operations; have a good understanding of business process management and business requirements; prepare monthly financial statements accompanied with analysis to budget, prior years and forecasts; and perform related duties as assigned. Additionally, will work with finance team to understand costing of new and existing products.  You will:

  • Recommend, develop and implement cost accounting procedures and controls. Identify problems with existing procedures and work with other departments to correct them. 
  • Develop, analyze and maintain expected costs for all products. Establish and update expected labor and overhead rates.
  • Reconciles raw material, WIP and finished goods inventories. 
  • Analyzes excessive and obsolete inventory and proposes reserve adjustments as required. 
  • Assist with cycle counting and support annual physical inventories. 
  • Planning, collecting, and analyzing data to determine costs of business activity such as raw material purchases, inventory and labor. 
  • Performs ad hoc product line cost analysis for management as required. 
  • Assist in any general accounting areas as needed. 
  • Perform various month end reports, journal entries, and reconciliations. 
  • Responsible for Fixed Asset accounting.

Qualifications

  • 3+ years’ experience in manufacturing accounting role with focus on cost analysis required 
  • Experience with developing rates and extracting cost out of an ERP system required 
  • Experience with percentage of completion accounting.
  • Solid verbal and written communication and analytical skillsets. 
  • Strong fundamental "know-how" in accounting/finance/business related topics. 
  • Detailed oriented ability to multi-task and work independently. 

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