Senior Cost Accountant

Overview:

Company Summary

Benjamin Moore is proud to be a part of Berkshire Hathaway, which was recognized by Fortune magazine as the world's third most admired company. And for more than 130 years we’ve been a respected leader in the architectural coatings and home décor landscape; creating the products and tools that enrich and beautify thousands of communities each day. We recognize that our associates are the driving force behind our success, and we strive to provide a work environment where hard work, creativity and purposeful collaboration are fostered and encouraged.

Join a company where innovation is constantly recognized as we look for individuals who produce world-class products, best-in-class services and customer experiences, design pioneering paints using the latest technologies and deliver unparalleled value and brand experiences for our customers and retail network.

Job Summary

The Senior Cost Accountant is responsible the maintenance of the standard cost system, manufacturing accounting and analysis, variance reporting, and accurate bill of materials (BOM)/assemblies in a completely integrated ERP environment. This role is responsible to ensure that the company is adhering to GAAP and company policy and procedures. Additionally, this position is accountable for the development and coaching of staff. The ideal candidate will have a record of improving, automating and streamlining procedures while consistently achieving corporate financial goals.

Reporting Structure

The Senior Cost Accountant role reports to the Cost Accounting Manager as a part of the Accounting Team. There are no direct reports reporting into this role.

Responsibilities:

Key Responsibilities

Manage day to day operations of the existing cost accounting function from management of current rates to monthly close and analysis

Review cost estimates of new or special products for establishing selling prices

Review and analyze cost accounting data and assist with cycle count/physical inventories

Prepare and book monthly end close journal entries for Inventory and Cost of Goods Sold

Prepare monthly general ledger account reconciliation and analysis for Inventory accounts

Perform LIFO reserve calculation for book and tax purposes (Double extension method)

Prepare ad-hoc schedules for management

Coordinate with Procurement to ensure accuracy of pertinent information in SAP such as PO price, delivery dates, and quantity.

Coordinate with Operations to resolve any BOM/Recipe related issues to ensure accurate formula costing

Support the technology strategy of the business by assessing the impact of changes as it relates to cost accounting.

Provide support during the annual audit process by working with the auditors to answer queries and provide analysis as required in a timely manner.

Support and assist internal department reporting requirements such as audit schedules, tax schedules and others

Work closely with the Cost Accounting Manager and Director of Financial Reporting and Cost Accounting, to monitor key financial performance indicators and make recommendations to improve performance.

Participate in special project work as required.

Qualifications:

Required Skills

Bachelor’s Degree in Accounting / CPA, CMA and/or MBA preferred

4-8 years of accounting experience, strong technical US GAAP accounting knowledge

Prior experience providing financial support to senior leadership

Must be highly analytical and inquisitive with strong organizational abilities, keen attention to detail and ability to meet monthly deadlines and goals

Strong working knowledge Microsoft Office; proficient in Excel, Access and Word

Knowledge of SAP and/or Business Objects

Excellent organizational, managerial, interpersonal and communication (written and oral) skills, ability to work in a team-based, continuous improvement environment

Expected travel up to 5% in US and Canada, no extended projects. Weekend work as needed

Manufacturing cost accounting experience a plus

Competencies

Strong customer focus dedicated to meeting expectations and requirements of internal and external customers

Seen as a team player that encourages collaboration and quickly gains trust and support of peers. Finds common ground and solves problems for the benefits of all

Manage multiple tasks and projects with the ability to prioritize and respond quickly to customer requests based on shifting priorities

Analyze, investigate and resolve issues related to daily work by applying knowledge of policies, procedures and internal processes

Ability to drive for results to complete goals successfully

Align and operate within the company’s core ethics and values

Permanent