Cost Accountant

Req ID: 26781

CPI Fluid Engineering, a division of The Lubrizol Corporation, is a world leader in synthetic compressor lubricants. CPI connects the best of both worlds – the production capabilities and technical resources of major equipment and lubricant manufacturers with the flexibility and responsiveness of a service-oriented organization. We are looking for top talent to help inspire new ideas, create opportunities and enable the advancement of innovative technologies. We offer abundant opportunities for career growth in a challenging, collaborative environment. Learn more about how we are achieving Success Together .

Summary

The purpose of the position of Cost Accountant is to support the Controller with corporate month – end closing activities, operations reporting analysis, support annual Labor & Overhead standard rates, product cost analysis new product master data setup, and month -end reporting. Support the accounting for new capital assets and cost studies. The cost accountant is responsible for preparing monthly inventory turnover reports and reviewing the allocation of overhead costs.

Essential Job Functions

Review and analyze monthly manufacturing costs comparing actual costs to estimates explaining variances.

Support management teams on manufacturing cost and inventory reporting.

Monitor and maintain inventory costs integrity in a timely and accurate manner

Interface with business, finance and manufacturing personnel at the plant and corporate level.

Participate in the annual budgeting process used to establish standard manufacturing rates

Responsible for inventory review of Nonconforming Material (NCM).

Review and analyze inventory, product costing, and margin reports, research variances and conduct studies to improve efficiency and profitability.

Work with manufacturing and plant control personnel on product costing and “what if” proposals.

Work on special projects as required

Maintain additive cost tables Identify inconsistent costing lot sizes versus batch sizes

Participate in month end closing process as it relates to costs.

Support account managers related to “what if” scenarios for selling products

Support manufacturing department in executing an effective/efficient inventory management program by performing analysis on turns, slow/impaired products, cycle counting, appropriate reserves, etc.

Manage fixed asset program including capital project management, maintain fixed asset register, timely disposition of asset disposals/additions, and other critical assets tasks.

Listed below are the specific responsibilities of this position. The listing is representative, but not necessarily all-inclusive. Additional training/experience has been completed to act as back-up for select other tasks.

Purchasing Info records

General Ledger Inquiry

Production Order module

Business Warehouse reviews

Monthly summary variance review

BOM and Recipe Inquiry

Product Costing Inquiry/Editing

Provide General Information and Support

Compute standard rates and edit table maintenance

Capital Budget Inquiry/Editing

Education/ Certification

Bachelor’s degree in business (finance, accounting, etc.) and 3+ years in manufacturing environment.

Ideal candidate will have 2+ years costing experience

Experience and Skills

Must possess solid work ethic (self-starter and highly motivated).

Excellent positive professional demeanor with emphasis on interpersonal skills, written and verbal communication skills.

Strong organizational skills with an ability to prioritize tasks and meet required deadlines.

Required: Solid working knowledge of Microsoft Office (Word, Excel, Access, PowerPoint).

Strong analytical and problem-solving skills.

Detail-oriented.

Good leadership qualities, takes initiative and has a “can-do” attitude

Knowledge of SAP

Knowledge in Manufacturing environment

Ability transform financial and accounting data into useful information

Supervisory Responsibility and Reporting:
There is no Supervisory responsibility with this role

This position reports to the Controller

Empowerment and Decision Making:
To be successful as a Cost Accountant, the person must be able to act independently and follow the appropriate Accounting practices and rules of the Lubrizol Corporation and CPI Fluid Engineering.

Midland, Michigan offers a great quality of life with a mix of small-town America character blended with big-city opportunities. Our residents enjoy artistic, cultural and recreational opportunities fit for communities many times our size – all with the convenience and charm of a county of 83,000 people. There is so much more to see and experience right here in Midland County and we invite you to experience this great quality of life that Midland has to offer.

Lubrizol is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.