Job description
About the company
Able Medical Devices is a leader in contract manufacturing and development. Able partners with companies seeking first class, outsourced services from design & development to comprehensive finished goods manufacturing. The company's extensive expertise includes working with surgeons and OEMs in spine, trauma and cardiothoracic markets. Able specializes in developing full surgical systems as well as custom instrumentation.
Job Summary
The Senior Cost Accountant serves as the key finance representative at their location, and as a member of the plant team is responsible for day-to-day financial activities, plant performance analysis, forecasting and budgets.
Essential Functions/Duties
- Setting standard costs of manufactured goods
- Developing and analyzing cost standards and the development of variance reporting
- Develop costing systems and allocations, as necessary
- Work with the manufacturing team to identify changes needed to standard costs and routings based on trends for actual labor and machine time
- Create and maintain Standard Operating Procedures for cost accounting and reporting
- Responsible for any month-end close procedures related to inventory such as journal entries and account reconciliations
- Responsible for bill of material changes and maintenance as needed
- Responsible for product costing for Costing & Feasibility (C&F) requests as needed
- Responsible for updating plant variance forecast weekly and monthly, including explanations
- Review work order variances to determine if they are labor or machine time related and record them appropriately.
- Perform variance analysis, including Purchase Price to Cost variance, Invoice to PO price variances and work order variances.
- Analyze plant variances and report findings to plant management and operations finance weekly
- Liaison with production personnel in review/analysis bills of material, manufacturing work order variances, cycle counts and year-end physical inventory.
- Key point of contact to help the plant observe, report, forecast, and improve financial performance
Education/Experience
- Bachelor’s Degree in Accounting
- Advanced experience using Microsoft Excel
- ERP experience required
- 5 years of cost accounting experience required
Benefits
Excellent benefits package including: health, dental, vision, life and disability insurance, 401K, vacation, sick leave, holidays
*See attachment for full job description
Able Medical Devices is a portfolio organization of the J.M. Longyear family of companies. Headquartered in Marquette, Michigan, J.M. Longyear is a privately held asset based manager with 150 years of experience growing long-term value. Longyear's interests span a vast spectrum of markets that include: forestry and land management, mining & metals, hardwood products, manufacturing, real estate and medical device products. Please visit www.jmlongyear.com for more information.
Job Type: Full-time
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