What are the responsibilities and job description for the Senior Cost Accountant position at Altair?
Our client in Glendale, CA Area is looking for a Senior Cost Accountant. This is a direct hire position.
Qualifications:
- A bachelor’s degree with major studies in accounting or business administration.
- 3-5 years of experience with Cost Accounting / Financial Analysis in Automotive or Aerospace.
Responsibilities:
- Comply with Generally Accepted Accounting Principles (GAAP) for financial statements.
- Collect cost information, develop, and maintain the cost accounting system, documents, and record organization.
- Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
- Analyze changes in product design, raw materials, manufacturing methods or services provided to determine effects on costs.
- Determine variable and fixed costs and labor and overhead rates.
- Responsible for efficiencies, productivity, utilization and other cost related KPIs
- Responsible for inventory reconciliation with GL, WIP aging and WIP variances.
- Supporting purchasing for cost rolls, PPV and OPV and operations with cycle count and physical inventory
- Assist in developing cost related budgets for the company (department and work centers).
- Analyze and report profit margins analysis.
- Prepare (monthly, quarterly, and annual) cost forecasts.
- Assist in month-end and year end closing.
- Identify and recommend cost-effective solutions.
- Responsible for E&O, LCM and Inventory capitalization reserves.
- Analyzing actual manufacturing costs vs. standard costs and cost variances.
- Providing support to engineering to ensure labor hours are being booked to projects accurately.
- Providing supporting schedules, reconciliations, and roll forward worksheets for various General Ledger Accounts.
- Assisting with internal and external audits.
- Makes estimates of new and proposed product or service costs.
- Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
- Other projects as assigned by the management.
In addition to the above, Accountants and Analysts are to maintain an organized, clean and safe work area using safety standards and expectations while adhering to all quality practices. Senior is an Equal Opportunity Employer. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
Why Work with Us:
Altair is a global technology company providing software and cloud solutions in the area of data analytics, product development, and high-performance computing (HPC). Altair enables organizations in nearly every industry to compete more effectively in a connected world, while creating a more sustainable future. With more than 3,000 engineers, scientists, and creative thinkers in 25 countries, we help solve our customer’s toughest challenges and deliver unparalleled service, helping the innovators innovate, drive better decisions, and turn today’s problems into tomorrow’s opportunities.
Our vision is to transform customer decision making with data analytics, simulation, and high-performance computing.
For more than 30 years, we have been helping our customers integrate electronics and controls with mechanical design to expand product value, develop AI, simulation and data-driven digital twins to drive better decisions, and deliver advanced HPC and cloud solutions to support unlimited idea exploration.
Ready to go? #ONLYFORWARD
