Cost Accountant II

Cost Accountant II

St. Augustine, FL, USA

Req #11816

Tuesday, January 7, 2025

Company Information

Headquartered in St. Augustine, FL, with offices and manufacturing facilities all around the globe, Amphenol CIT is one of the world's leading designers and manufacturers of high-performance wire, cable, and medical devices. We provide complete interconnect solutions to industries like Aerospace, Military & Defense Electronics, Space, Medical, Test & Measurement, and Industrial.

Our talented team of employees worldwide helps bring movies to your seat on airplanes, deliver mission-critical information from drones to the command office, transfer heart rhythm to paper, route communications from space, connect power to downhill oil drills, and get planes back in the air faster. At Amphenol CIT, we make the amazing possible. Take the next step to become an integral part of our team by applying today and kickstart your journey with us.

SUMMARY

Assists in day to day accounting within the organization including preparation of journal entries, account reconciliations and monthly financial close. Responsible for maintaining integrity of standard costs related to inventory, labor and overhead. Operates with a continuous improvement mindset.

ESSENTIAL JOB FUNCTIONS

• Cost Accounting

• Maintain production reports and analysis to partner with operations to drive cost and process improvements:

• Gross margin analysis and reporting

• Calculate and apply labor and overhead standards and monitor variances

• Product costing and maintenance

• Reserve analysis for aging inventory

• Raw material standards analysis and usage, including PPV analysis.

• Analyze actual manufacturing costs and prepare monthly reports comparing standard costs to actual production costs.

• Monthly and quarterly reporting and analysis Maintain and create monthly cost of material forecast

• Research and help Controller with strategies to minimize materials, labor, scrap and overhead variances.

• Assist in preparation of monthly cost forecast and analyze actual results versus previous forecasts. Objective is to minimize forecast versus actual variances and continuously improve the forecasting process.

• Identify continuous improvement opportunities

• Partner with purchasing organization to help drive inventory reductions through recurring inventory reporting and excessive and obsolete material analysis.

• Roll up standard costs on an as needed basis to support revision rolls/new parts and re-cost all parts monthly.

• Review monthly manufacturing cost activity during monthly close. Journalize adjustments as required.

• Inventory and asset monitoring - cycle count accuracy and fixed asset inventories

• General Accounting and Financial Reporting

• Assist in the monthly close by accurately entering journal entries, summarizing results, and completing balance sheet reconciliations

• Provide Corporate Finance the required monthly and quarterly reports

• Ownership and accountability ensuring appropriate financial controls are maintained and results are achieved, supporting internal and external audit requests

• Efficiency, overtime, and labor hour reporting

• Other

• Compile cost information to be used in operating budget preparation.

• Perform other related duties as required to meet the goals and objectives of the company and Finance Department

• Regular and predictable onsite attendance

• Contributes to team effort in a collaborative and supportive manner.

• Maintains clean, organized work environment and adheres to all safety standards, procedures, and regulations.

• Adheres to all factory safety procedures and guidelines.

Other duties as required in support of the department and the company

REQUIREMENTS

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential job function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and/or EXPERIENCE

• Bachelor's degree, preferred degree in accounting

• 5+ years of experience as an Accountant

CERTIFICATES, LICENSES, REGISTRATIONS

None

LANGUAGE SKILLS

• Ability to read, write, speak, and understand English.

• Proficient written and verbal communication skills.

JOB SKILLS

• Experience in a manufacturing environment

• Strong analytical skills

• Proficient in MS Office, superior Excel skills with exposure to Access

• Communication

• Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made and asking questions as appropriate.

• Speaking - Talking to others to convey information effectively.

• Reading Comprehension - Understanding written sentences and paragraphs in work related documents.

• Writing - Communicating effectively in writing as appropriate for the needs of the audience.

• Demonstrates good judgment and decision-making skills - Considering the relative costs and benefits of potential actions to choose the most appropriate one

• Knowledge of ERP systems, SAP preferred

• Ability to be flexible and able to function comfortably in a fast paced, constantly changing, and ambiguous environment while maintaining a positive team environment

• Reliable and flexible to work additional hours on short notice or during month end close and/or as required to meet business needs.

• Understanding and experience in Lean manufacturing environment preferred. Participate in continuous improvement projects and 5S related performance teams.

• A team player that can relate to people at all levels of the organization and possesses excellent communication skills with high ethical standards and a positive professional image.

• Ability to work with minimal supervision

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to use hands to finger, handle or feel, and talk or hear. The employee frequently is required to reach with hands and arms. The employee is required to stand and walk. The employee m.