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Senior Cost Accountant

Secaucus NJFull timeSenior$63,375 - $88,500 / yearPosted 19 days ago
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Aboiut the Role:The Senior Cost Accountant is responsible for maintaining the integrity of the company’s standard costing system and providing detailed analysis of manufacturing performance. This role focuses on identifying production variances, managing the accuracy of Bills of Materials (BOM), and ensuring that inventory and COGS are recorded in accordance with US GAAP. By partnering with Production and Supply Chain teams, you will deliver actionable insights into cost drivers and margin trends, playing a vital role in optimizing operational efficiency and supporting the month-end close process. What You'll DoSupport the development and maintenance of the company’s standard costing system, ensuring all product costs are accurate and up to date.Perform detailed analysis of manufacturing variances, including material price, labor efficiency, and overhead spending, to identify areas for cost improvement.Prepare and record monthly journal entries related to inventory, cost of goods sold (COGS), and manufacturing allocations.Conduct regular reviews of Bill of Materials (BOM) and routing to ensure accurate labor and overhead absorption.Participate in the month-end close process by reconciling inventory sub-ledgers to the general ledger and investigating discrepancies.Assist in the calculation and application of overhead rates in accordance with company policy and US GAAP.Analyze changes in product design, raw materials, or manufacturing methods to determine the impact on product costs and margins.Coordinate and support physical inventory counts and cycle counting programs at manufacturing or warehouse locations.Monitor and report on inventory obsolescence and slow-moving stock to ensure appropriate reserve levels.Collaborate with Production, Engineering, and Supply Chain teams to provide financial insights into operational performance and cost-saving initiatives.Prepare routine and ad-hoc cost reports for management, highlighting trends in gross margin and production spending.Assist in the preparation of cost data for annual budgeting and periodic forecasting cycles.What You'll BringBachelor's degree in Accounting, Finance, or related field2+ years of Accounting experienceComputer skills to include Excel, Monarch, Microsoft Word, e-mail and accounting software packagesPrior experience with SAP would be highly desirableProficient on 10 keyExperience and/or knowledge of SOX 404 requirements is preferredZT Systems assesses market data to ensure a competitive compensation package is created for all our employees. The typical base salary for this position is expected to be between $63,375 and $88,500 per year. If hired, the final base salary will be determined on an individual basis taking into consideration experience, skills, knowledge, education and/or certifications.Base salary is just one component of ZT Systems total rewards philosophy. We take pride in offering a wide range of benefits and perks that appeal to the variety of needs across ou...