Cost Accountant

Oberg Industries • Freeport, PA • 1d ago

Oberg Industries is a leader in precision contract manufacturing, specializing in the production of high-precision, metal components, tooling, and assemblies for a wide range of industries, including aerospace, automotive, and medical.

Oberg Industries, Freeport, PA facility is seeking a detail-oriented and experienced Cost Accountant to join our finance team. This role plays a critical part in driving financial efficiency, accuracy, and strategic decision-making across the organization. Ready to join our team and take your accounting career to the next level....Apply now!

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.

Investigate and process all inventory adjustments in collaboration with operations personnel.

Prepare and analyze monthly Absorption Reconciliation to determine standard rate effectiveness.

Evaluation of item standard costs via analysis of variances.

Review of Schedules of Operating Expenses to identify changes in cost structure and timing variances.

Work directly with operations personnel on relevant training/education pertaining to cost accounting system.

Help define accurate standard cost rates in collaboration with finance and operations team.

Reconciliation of detailed inventory sub-ledgers to the general ledger on a monthly basis.

Calculate and record monthly Work-in-Process (WIP) accrual for PCS projects and production orders.

Analyze Lot Variance and Production Result general ledger account transactions monthly.

Maintain and update monthly inventory trend reports by division.

Conduct monthly margin report analysis with divisional exception reporting.

Assist the Controller in designing ERP mapping schemes for accurate inventory transaction flow.

Evaluate adequacy of the slow-moving inventory reserve as of; April, August, and December.

Monitor and report on fixed & variable cost trends periodically by division.

Serve as a primary liaison for external auditors for the annual physical inventories.

Identify and communicate internal control weaknesses in the inventory process to the Controller to support corrective actions.

Implement business intelligence tools to enhance efficiency and data accuracy (i.e. Power BI, Prophix, etc).

Assist in yearly budgeting to help drive financial planning.

Other related duties as assigned.

QUALIFICATIONS :

Proficient in Microsoft Office Suite (Excel, Outlook, Word) and ERP Systems such as LN, SAP, or Oracle.

Strong communication skills, both written and verbal, with the ability to convey information clearly across various channels.

Able to comprehend and respond to written documentation and instructions effectively.

Familiarity with manufacturing environments and industry practices.

Demonstrate ability to collaborate effectively with both internal teams and external stakeholders.

Willing and able to travel domestically and internationally as business needs require.

Must be a U.S. citizen or be able to comply with U.S. export regulations.

Ability to wear personal protection equipment, such as earplugs, safety glasses, and safety shoes.

PREVIOUS EXPERIENCE / EDUCATIONAL QUALIFICATIONS:

Bachelor's degree in Accounting required.

5-7 years of experience working in a manufacturing industry, or related field preferred.

ERP/MRP system experience preferred.

WORK ENVIRONMENT : While performing the duties of this job, the employee will regularly have to travel through the manufacturing departments. The atmosphere is a climatic office setting, and the employee will spend the majority of his/her time sitting at a computer terminal. At Oberg Industries, we believe in fostering a collaborative on-site work environment. Accordingly, employees are expected to be on-site in order to perform their job.

BENEFITS TO WORKING AT OBERG:

Competitive Pay

Medical, Dental and Vision Insurance (no premiums paid)

Medical benefit opt-out with Reimbursement option

Health Savings Account (HSA)

Short & Long Term Disability (company paid, no contribution)

Death Benefit

401K Retirement Plan (with 4% employer match)

Quarterly Bonus Program (based on company performance)

Paid Vacation (earning up to 5 weeks)

9 Paid Holidays and 2 Personal Days

Temperature-Controlled Work Environment

We also offer a family-friendly atmosphere and a number of perks for our employees such as Employee Referral Program Incentive Pay, Health Club Membership Reimbursement, Tool Purchase program, Training and Development opportunities and much, much more!!

Oberg believes in and is firmly committed to the practice of equal employment opportunity for all employees and applicants, based on their individual qualifications, skills and abilities. It is our commitment at Oberg Industries to create a diverse environment and we are proud to be an equal opportunity employer. EOE, including disability/vets. At Oberg, we not only respect and value our employees; we appreciate and celebrate their diversity.

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