Youngwood, Pennsylvania, United States · On-site
Job DetailsLevel: ExperiencedJob Location: Powerex - Youngwood, PA 15697Position Type: Full TimeEducation Level: 4 Year DegreeJob Category: AccountingPrimary Functions: The Cost Accountant will be responsible for ensurin…
Skills: Inventory Valuation, GAAP, Financial Analysis, ERP Systems, General Ledger Reconciliation
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The Cost Accountant is responsible for ensuring accurate inventory valuation and maintaining controls in accordance with GAAP. Key duties include reconciling ERP reports to the general ledger, managing standard costs, and preparing monthly financial analysis.
A Bachelor's degree in Accounting, Finance, or an equivalent field is required. Experience in accounting and financial analysis, particularly within a manufacturing environment, is preferred.
Job DetailsLevel: ExperiencedJob Location: Powerex - Youngwood, PA 15697Position Type: Full TimeEducation Level: 4 Year DegreeJob Category: AccountingPrimary Functions: The Cost Accountant will be responsible for ensuring accurate inventory valuation, identifying risks, and maintaining controls in accordance with generally accepted accounting principles.
Monitor inventory transactions for discrepancies and investigate any outliers.
Assess inventory for obsolete and slow-moving parts, ensuring adequate reserves.
Reconcile inventory reports from the ERP to the general ledger on a monthly basis.
Calculate and prepare monthly journal entries for scrap material.
Review inventory held at suppliers for reasonableness each month.
Address negative quantities in perpetual inventory reports.
Perform inventory price testing to ensure accurate valuations.
Review and update standard costs in the ERP system.
Calculate the full absorption ratio monthly and compare it to the general ledger, preparing adjusting journal entries as needed.
Other duties as assigned.
Provide financial analysis as needed and assist with the preparation of monthly and annual financial statements.
Recommend benchmarks for measuring company performance.
Ensure adherence to accounting policies related to inventory and recommend changes as necessary.
Monitor daily cycle counts and participate in counts if needed.
Assist with annual financial audits and physical inventory counts.
Scope and Purpose: In a small business setting, the Cost Accountant may be required to perform additional duties beyond traditional cost accounting responsibilities.
Bachelor’s Degree in Accounting, Finance, or equivalent.
Experience in accounting, financial analysis, and with a manufacturing company is a plus.
At Powerex, we are dedicated to equal employment opportunity. We provide a workplace that values diversity and prohibits discrimination based on 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. We are committed to fair employment practices and creating an inclusive environment where all employees and applicants are treated with respect and given equal opportunities for growth and advancement.
Trusted partner for your next mission critical solution requiring power semiconductors
Powerex is your source for high power semiconductor solutions, including IGBTs, HVIGBTs, rectifiers, thyristors, custom power modules and assemblies.
Offices: 173 Pavilion Lane, Youngwood, PA 15697, US
Trusted partner for your next mission critical solution requiring power semiconductors
Powerex is your source for high power semiconductor solutions, including IGBTs, HVIGBTs, rectifiers, thyristors, custom power modules and assemblies.
Offices: 173 Pavilion Lane, Youngwood, PA 15697, US
