Barnes Group
Cost Accountant
At a glance
Location: US-MA-Peabody Map
Posted: 01/12/2021
Closing: 02/11/2021
Degree: 4 Year Degree
Type: Full-Time
Experience: 2 to 3 years
Barnes Group
Job description

Synventive Molding Solutions seeks a talented, self-driven and high-energy individual to serve as Cost Accountant for Synventive Molding Solutions, Americas.  This will be a challenging and rewarding opportunity for the right candidate who will contribute as a key member of the team adding input to business decisions.  We are looking for an experienced Accountant to oversee general accounting operations by controlling and verifying our financial transactions.  A successful Cost Accountant combines excellent analytical skills with a thorough knowledge of accounting principles to analyze financial reports and forecasts. If you are a disciplined and collaborative individual with effective leadership skills and a demonstrated understanding of Lean Techniques who thrives in a fast-paced environment and can focus individual and team energies to deliver results, you may be an excellent candidate to join our team.

Core Responsibilities: 

  • Review inventory transactions and analyze work order costs for anomalies and inconsistencies.  Communicate with key members of the Operations Team on items needing review or adjustment.
  • Support the Senior Cost Accountant with monthly reporting. Including but not limited to, gross profit analysis, costs of quality, and overhead absorption.
  • Perform daily reconciliations of sales order bookings and shipments.  Investigate issues by working with inside sales team to make sure corrective actions are implemented.
  • Participate in the monthly, quarterly and yearly close process to prepare for the annual audit.
  • Review and post daily accounting entries as required.
  • Assist management in understanding underperforming job margins by pointing out areas of cost accumulation. 
  • Maintain customer rebate statements.
  • Assist in the preparation of Annual Budgets and Monthly Forecasting.
  • Prepare journal entries and perform monthly account reconciliations.
  • Support the Senior Cost Accountant with tracking and reporting Key Performance Indicators.
  • Assist Accounts Payable and Accounts Receivable with vouchering and invoicing when needed.

Qualifications: 

  • 2-3 years of general ledger accounting experience in a manufacturing environment.
  • Advanced knowledge of excel and financial reporting software.
  • Understanding of accounting principles, practices, and internal controls.
  • Strict attention to detail, highly organized and efficient. 
  • Ability to work independently and be self-motivated.
  • Experience with integrated ERP software.

Education Requirements:

  • Bachelor's Degree in Accounting or related field required.
Cost Accountant