Cost Accountant

Lafayette, IN

Overview 

The Cost Accountant is responsible for cost accounting analyses to compare estimated costs to actual costs and prepare a variety of related budget reports.

 Job Responsibilities

  • Gathers and compiles cost information and maintains database concerning expenses.
  • Develops systems and procedures for accumulation systems and/or cost accounting functions.
  • Determines fixed costs such as salaries, rent, and insurance.
  • Predicts, plans, and records variable costs such as purchases of raw material, labor, and operation costs.
  • Reviews and analyzes actual costs to identify inaccuracies.
  • Prepares necessary departmental and company-wide budgeting reports.
  • Reviews, analyzes, and reports actual profit margins.
  • Performs month-end and year-end closings with assistance.
  • Determines and recommends cost-effective solutions.
  • Provides product sample costs for Marketing and General Accounting.
  • Performs other related duties as assigned.

 

 Job Requirements 

  • Bachelor's degree in Accounting or Business Administration required.
  • At least two years of experience in cost accounting required.
  • Excellent verbal and written communication skills.
  • Proficient in Microsoft Office Suite or related software as well as accounting software.
  • Thorough understanding of accounting procedures.
  • Thorough understanding of Generally Accepted Accounting Principles (GAAP).
  • Excellent analytical and organizational skills, with close attention to detail.
  • Ability to manage confidential information.