The Cost & Inventory Accountant will be responsible for analyzing cost expenditures and purchases within the organization. The Cost & Inventory Accountant will review existing purchases, record data, and recommend new cost-efficient and financially feasible cost options.General ResponsibilitiesDevelop and maintain cost accounting system, documentation, and recordsAnalyze changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.Review costs for all external inventory, labor, and material purchasesPerform month end close activities related to Cost AccountingAnalyze and recommend costs and cost savingsCollect and compile purchasing data for analysisPrepare and complete internal cost auditsReview and document inventory and material purchasesPresent cost estimates and budgets for new purchasesAccurately record and update existing and new purchased materials and goodsCompile documentation on standard costs and company production costsForecast and plan future purchasing costs according to fiscal needsIdentify and recommend cost-effective solutionsExperience / QualificationsA university degree and 4-6 years of experience (i.E. Bachelor's degree) or a graduate degree and 2-4 years of experience (i.E. Master's degree) or a higher level degree and 0-2 years of experience (i.E. Doctorate degree)Must be a team player able to work in a fast-paced environment with demonstrated ability to handle multiple competing tasks and demandsStrong communication skills; oral, written and presentationStrong organization, planning and time management skills to achieve resultsStrong personal and professional ethical values and integrityHolds self-accountable to achieving goals and standardsProficient in Microsoft Office programs (Outlook, Word, PowerPoint, and Excel)Strong interpersonal & collaboration skills to work effectively with all levels of the organization including suppliers and/or external customersAdditional ResponsibilitiesReview standard and actual costs for inaccuracies.Record cost information for use in controlling expenditures.Organize the preparation and analysis of costs, compile data, prepare and emit statistical reports for the comparison of costs and determination of profitability by product and client.Prepare journal entries; maintain and reconcile ledger accounts.Help prepare financial statements and variance reports as requested. May do analysis and prepare other special reports.#J-18808-Ljbffr