The Cost Accountant is responsible for all areas of cost accounting including actual and standard cost calculations, analyzing cost variances including labor, yield, variable and fixed overhead rates. Perform month end close in local ERP system "OCHMS”. Cost accountant is also the local business process owner "BPO” of OCHMS, including set up, training and support of lot trace programs.

Core Accounting Functions:

• Calculate department overhead rates


• Calculate actual and standard costs (direct material, direct labor, and overhead)


• Analyze cost variances and work with operations to recommend standard cost changes to Plant Manager, Controller, and leadership


• Analyze direct material cost changes (raw materials, outside services, WIP) and update ERP accordingly


• Report on actual business unit profitability and absorption


• Update LIFO department rates

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