Cost Accountant Job at Innovative Solutions & Support in Exton
Innovative Solutions & Support, Exton, Chester County, United States
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- Review and ensure accuracy of product cost of sales, and program costs specific to engineering design and modification projects on a monthly basis.
- Maintain cost accounting records in consultation with Purchasing and Manufacturing Engineering to assure and maintain the integrity and control of systems and programs used to accumulate and report cost data.
- Analyze material and labor standards for reasonableness and validate proposed cost changes to ensure correct valuation.
- Provide a detailed analysis of manufacturing costs by product line, product market segment and business type for management reporting.
- Provide support for cost analysis on material, labor and other indirect costs.
- Maintain and update sales price list to ensure that standard costs and overhead factors used to calculate price list for products are up to date.
- Perform and assume other duties and responsibilities as assigned.
- Review and ensure accuracy of product cost of sales, and program costs specific to engineering design and modification projects on a monthly basis.
- Maintain cost accounting records in consultation with Purchasing and Manufacturing Engineering to assure and maintain the integrity and control of systems and programs used to accumulate and report cost data.
- Analyze material and labor standards for reasonableness and validate proposed cost changes to ensure correct valuation.
- Provide a detailed analysis of manufacturing costs by product line, product market segment and business type for management reporting.
- Provide support for cost analysis on material, labor and other indirect costs.
- Maintain and update sales price list to ensure that standard costs and overhead factors used to calculate price list for products are up to date.
- Perform and assume other duties and responsibilities as assigned.
- BS degree in Accounting or Finance with three to five years of cost accounting experience with a manufacturing company that designs and develops its products.
- Advanced knowledge of cost accounting in a manufacturing environment.
- Working knowledge of manual and automated accounting systems, preferably in a manufacturing environment.
- Strong analytical and reasoning skills.
- Must have strong advanced Excel skills.
- Acquire direct knowledge of IS&S Quality System – 6 months
- Learn IS&S products, Company and department procedures – 6 months
- Acquire knowledge of MINX system & supporting processes– 3 months
- Acquire direct knowledge of inventory and product cost. Investigate supporting details as required to assure accurate reporting – 6 months
Seniority level
Seniority level
Mid-Senior level
Employment type
Employment type
Full-time
Job function
Job function
Accounting/Auditing and FinanceIndustries
Aviation & Aerospace
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