Cost Accountant

• Summary: The Cost Accountant is responsible for delivering timely, accurate, and
• complete inventory valuation and product cost information.  This position plays
• a key role in maintaining and updating Woodcraft Industries’ inventory system
• and cost information used to determine product profitability and pricing
• decisions.

Responsibilities

• Ensure appropriate inventory valuation and costing of all products in

accordance with generally accepted accounting principles and company policies.

• Responsible for preparing and completing quarterly standard cost roll

related to changes in raw material costs.

• Preparation of profitability analysis and review of product margins.
• Develop and maintain standard costs of finished goods and production

components in ERP system

• Preparation of profitability analysis and review of product margins.
• Provide analysis related to lumber cost changes, grade mix usage, and

grade mix availability.

• Analyze cost accounting data and assist with cycle count / physical

inventories.

• Analysis of slow moving/obsolete inventory and prepare inventory

reserve calculation.

• Maintain and improve processes and controls associated with

manufacturing costs and inventory valuation.

• Ensure validity and accuracy of ERP through analysis, internal audit,

and coordination with inventory control, production and work order processing.

• Perform monthly accounting closure procedures and deliverables which

includes journal entries, reconciliations, and reporting.

• Maintain all journals and ledgers used to prepare the monthly

financial statements.

• Ensure accurate and timely reporting of financial transactions and

assists in the research and analysis of general ledger account variances.

• Prepare and review assigned general ledger account reconciliations and

all supporting schedules.

• Assist in the completion of month-end, quarter-end and year-end

financial reporting.

• Back-up others as needed in the finance area to help with workloads

and to ensure work is completed timely and accurately.

• Assist in preparation of annual budget/plans.
• Process journal entries as input to accurate and timely financial

• statements to meet the needs of internal and external management, within bounds
• of established deadlines and policies, including Sarbanes Oxley controls.

• Independently perform balance sheet reviews for anomalies and

• reconcile Balance Sheet accounts on a monthly basis, identifying and clearing
• all reconciling items.

• Assist in compliance reviews, with focus on transactional processing,

monitoring master data, and control design.

• Perform self-audits for peers and provide information on a timely

basis to both internal and external audit for assigned areas.

• Complete assigned GL Account reconciliations in accordance with GAAP

and internal policy.

• Ability to take ownership for the subject matter areas and

independently follow up on and resolve related issues

• Performs other related duties as necessary or assigned.

Education and Experience

• Bachelor degree in Accounting or Finance
• 3 or more years of cost accounting experience
• Proficient will all Microsoft Office products; advanced Microsoft

Excel skills

• Additional Knowledge, Skills and Abilities:
• ERP system experience
• Ability to analyze and interpret financial data and prepare financial

reports and statements

• Professional written, verbal and interpersonal skills
• Strong organizational and time management skills, and attention to

detail

• Experience in manufacturing accounting and SOX preferred but not

required

• Strong critical thinking and problem solving capabilities.

Physical Requirements

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift up to 10 lbs at times.