Description
Cost Accountant
Location: Franklin, KY
Pay Rate: $65,000-75,000
Direct Hire Opportunity!
Kelly Services is excited to partner with a leading manufacturer based in Franklin, KY, as they seek a talented Cost Accountant. This role is perfect for a detail-oriented accounting professional who demonstrates ownership and accountability in delivering high-quality financial data. If you have prior experience analyzing material, labor and other expenses to determine production costs, costs of goods sold, and other cost-related performance measures, we invite you to apply now for immediate consideration!
Key Responsibilities:
- Capture and classify cost data to determine the cost associated with products/product lines, project or departments.
- Provide cost-related data in support of business decisions of for use in financial reporting.
- Develop and maintain standard costs for all manufactured items.
- Analyze variances between standard and actual costs and recommend corrective actions.
- Support month-end and year-end closing activities related to cost accounting.
- Prepare cost estimates for new products or concepts, formulation changes, cost reductions or cost reduction project calculations and comparative analysis.
- Perform weekly tasks including, but not limited to, variance reports, journal entries, and planning cost updates.
- Analyze fully reserved On Hold/SMOOG inventory monthly to determine the disposition of this inventory.
- Create and maintain item master data including descriptions, units of measure, costing methods, and classifications.
- Ensure consistency and accuracy in item setup across sites and systems.
- Maintain speed, routings, and work center costing in alignment with current manufacturing processes.
- Create and maintain BOMs and production routings for all manufactured products.
- Ensure BOMs and routings reflect current manufacturing processes and material usage.
- Collaborate with engineering and operations to update BOMs and routings as needed.
- Calculate and maintain machine $/hour rates based on labor, overhead, and depreciation.
- Work with finance and operations to ensure accurate cost allocation and absorption.
- Identify and implement process improvements to enhance data accuracy and operational efficiency.
- Support system upgrades and ERP implementations related to inventory and costing.
- Drive continuous improvement initiatives in cost transparency and reporting.
Candidate Requirements:
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- 3+ years of experience in a cost accounting role, specifically in a manufacturing environment.
- Strong knowledge of cost accounting principles, cost control, and budgeting.
- Prior experience with D365 and JD Edwards is highly preferred.
As part of our promise to talent, Kelly supports those who work with us through a variety of benefits, perks, and work-related resources. Kelly offers eligible employees voluntary benefit plans including medical, dental, vision, telemedicine, term life, whole life, accident insurance, critical illness, a legal plan, and short-term disability. As a Kelly employee, you will have access to a retirement savings plan, service bonus and holiday pay plans (earn up to eight paid holidays per benefit year), and a transit spending account. In addition, employees are entitled to earn paid sick leave under the applicable state or local plan. Click here for more information on benefits and perks that may be available to you as a member of the Kelly Talent Community.
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