
Cost Accountant
6 days ago
Imagine working at the forefront of innovation in fluid-flow technology, with over 1400 colleagues across the globe, and contributing to a legacy of excellence that spans eight manufacturing facilities on four continents. Armstrong Fluid Technology is more than just a leader in our industry; we are a community of the brightest and most creative minds, driven by a shared mission to engineer the future and safeguard our planet.
As a member of our team, you'll dive into an environment that encourages learning and boundary-pushing every day. You'll be part of an agile and dynamic workplace where today's solutions are built for tomorrow's challenges.
Key Accountabilities
[Financial Reporting]
- Prepare various inventory reports for Balance Sheet reconciliations
- Prepare operation executive summary package, i.e. margin, variance analysis, work with business partners to identify root cause and action plans
- Prepare operation variance reports on bi-weekly basis
- Participate in generating and validating Costing and Inventory related INFOR and PowerBi reports dashboard and KPIs for operation performance review
- Participate in prepare annual budget and forecasts
[Month-end Activities]
- Prepare inventory reconciliations and adjustment when needed
- Prepare inventory provision, accrual, GIT journal entries in INFOR system at the month-end
- Assist in the consolidation process to produce accurate and compliant financial statements for the entire corporation.
[Cost rolls]
- Perform ad-hoc cost rolls with reasonability check
- Participate in Quarterly cost rolls, work with business partner to validate the updates of cost
- components in BOM and routings and their corresponding rates
- Review standard costs and MAUC costs on regularly basis for reasonability, work with internal business partners for correct item master data, BOMs and routings
[Process Improvements]
- Identify opportunities to improve efficiency and accuracy in intercompany accounting processes.
- Implementing best practices and automated solutions to streamline intercompany transactions and reconciliations
[Work with Business Partners]
- Work closely with IT team in troubleshooting INFOR system issues
- Support PEG team in project revenue and COGS recognitions
- Support other cost accountants in all aspects of costing and inventory matters
- Maintain and develop strong working relationships with internal business partners for effective collaboration and achieving organizational goals
- Provide support during external audits by preparing requested documentation and explanations related to intercompany transactions and reconciliations
What We're Looking For
To thrive in this role, you should bring:
- University Degree or equivalent in accounting, finance, or a related field is typically required
- Currently holding a CMA or other equivalent designation (CMA, CPA, etc.) is required
- 3 - 5 years' experience working with engineering, manufacturing and distribution operations in an industrial environment is required
- Working knowledge of standard costing and production variances
- Proficiency in Microsoft Excel and accounting software, INFOR as an asset
- Strong analytical and data gathering skills
- A self-starter attitude with the ability to work independently
- Attention to detail, strong time management, organization skills and accuracy
- An ability to communicate openly and authentically in all situations
Why Armstrong Fluid Technology?
By joining us, you'll become part of a global community dedicated to pushing the boundaries of fluid-flow technology. You'll have endless opportunities to learn, grow, and make a significant impact on the world. Together, we'll build tomorrow's solutions today.
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