Cost Accountant

Franklin International , a leading manufacturer of adhesives, coatings, and sealants is currently seeking a Cost Accountant.

This position is responsible for cost accounting tasks related to maintaining the accuracy and integrity of Franklin’s standard cost system, product costing, inventory transactions, valuation, and physical inventory, manufacturing costs, and cost variances.

Supports the month-end close process and provides routine and on-demand reporting, reconciling, and analysis.

Maintaining the standard cost system:

Responsible for the daily tasks and checks that ensure the standard cost system is working correctly and efficiently.

Helps identify setup issues and speaks for cost system concerns when assisting with new processes.

Monitors for exceptions indicating inventory and product cost issues.

Product costing:

Ensures new products are costed correctly and efficiently through an understanding of the cost system and Franklin’s manufacturing processes as well as collaboration with relevant departments.

Provides cost estimates for new products as needed.

Participates in quarterly standard cost rollups.

Inventory transactions, valuation, and physical inventory:

Reviews inventory transactions, works with various departments to ensure transactional integrity, assists with inventory reserve and monitoring unsellable inventory.

Participates in year-end physical inventory.

Manufacturing costs:

Ensures manufacturing expenses are recorded correctly, assists with corrections, provides analysis and reporting as needed.

Assists with cost models and ensuring expenses ultimately roll up into product costs correctly.

Cost variances:

Reviews variances including PPV, cycle counts, shop orders, etc.

Summarizes and identifies trends and problem items/transactions.

Supports corrections and process improvement.

Support month-end close:

Supports costing accounting related month-end close activities including journal entries, reconciliations, and database loads.

Provide reporting, reconciling, and analysis: