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System One

Cost Accountant

System One, Fort Worth, Texas, United States, 76102

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Cost Accountant Objective

The Cost Accountant position focuses on maintaining precise inventory valuation processes, implementing risk assessment protocols, and establishing financial controls that align with generally accepted accounting principles. This role supports accurate financial reporting through detailed cost analysis and inventory management within a dynamic business environment.

Responsibilities Inventory Management & Analysis

Examine inventory transactions to identify discrepancies and research unusual variances

Evaluate inventory for obsolete and slow-moving components, establishing appropriate reserves

Perform monthly reconciliation of ERP inventory reports against general ledger accounts

Generate and process monthly journal entries for scrap material transactions

Conduct monthly assessments of supplier-held inventory for accuracy verification

Resolve negative quantity issues within perpetual inventory tracking systems

Execute inventory price validation procedures to confirm valuation accuracy

Maintain and update standard cost data within ERP systems

Financial Reporting & Analysis

Calculate monthly full absorption ratios and perform variance analysis against general ledger data

Prepare corrective journal entries when required

Deliver financial analysis support for monthly and annual financial statement preparation

Develop performance measurement benchmarks for organizational assessment

Compliance & Audit Support

Maintain compliance with established accounting policies for inventory processes

Propose policy modifications when operationally necessary

Oversee daily cycle count activities and participate in physical counting when required

Support annual financial audits and comprehensive physical inventory procedures

Execute additional accounting functions as business needs dictate

Requirements Educational Background

Bachelor's degree in Accounting, Finance, or equivalent academic preparation

Professional Experience

Background in accounting and financial analysis

Manufacturing industry experience preferred

System One, and its subsidiaries including Joulé, ALTA IT Services, and Mountain Ltd., are leaders in delivering outsourced services and workforce solutions across North America. We help clients get work done more efficiently and economically, without compromising quality. System One not only serves as a valued partner for our clients, but we offer eligible employees health and welfare benefits coverage options including medical, dental, vision, spending accounts, life insurance, voluntary plans, as well as participation in a 401(k) plan.

System One is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, age, national origin, disability, family care or medical leave status, genetic information, veteran status, marital status, or any other characteristic protected by applicable federal, state, or local law.

Ref: #282-Eng Pgh

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