HireLevel is hiring a Senior Cost Accountant for an Energy company in Cleveland, Ohio! This position manages the accounting of inventory including standard cost system and required valuation reserves. They are also responsible for the accounting for fixed assets, will perform general accounting, will post monthly journal entries, and perform reconciliations on balance sheet accounts. If you have a bachelor’s degree in accounting, at least 7 years of accounting experience, and are team oriented then you should apply! *This is a nicotine-free company. All prospective employees will be subjected to nicotine testing (in states where testing is allowed). *

Based in Cleveland Ohio, our client has been at the forefront of infrared combustion technology since 1957. This market leading technology has allowed them to build expertise in consumer heating products as well as heavy duty commercial and construction heating products. Their mission is to develop and market safe, innovative products, backed with legendary service, that provide comfort where people work, live and play. This is achieved through focusing on their core values: Family, Innovation, Integrity, Passion, and Customer Focused.

Company Benefits & Perks:

• Pay $70,000-$85,000 plus 15% annual discretionary bonus

• Medical, Dental and Vision Insurance

• Life and Disability Insurance

• 2 Volunteer Days off paid

• 10 Paid Holidays

• Paid Time Off

• Tuition Reimbursement

Duties & Responsibilities:

• Manage the accounting for inventory. Maintain the standard cost system, report on operating variances from standard, establish appropriate FIFO Revaluation & E&O reserves and reconcile the book to perpetual inventory values. Perform formal time studies as required.

• Activate and cost roll new items within the MRP system 

• Monitor monthly inventory transactions for accuracy and appropriateness and report on operating variances from established standards for material, labor and overhead.

• Assist in the planning of the annual physical inventory, calculate the physical to book adjustment

• Work closely with Operations Team to monitor and report on Shop-Floor Control and Reporting. Specifically creating work center productivity reports and monthly reviewing with the Plant Manager.

• Prepare and File the Duty Drawback Documents to Customs Border Patrol

•  Work with CFO and other team members to develop a Customer and Product Profitability Reporting System

• Manage the Fixed Asset Account System (SAGE/FAS). Maintain and implement required internal controls to safeguard the company’s fixed assets. Coordinate the Capital Expenditure Authorization procedure with CFO.

•  Assist in the month-end closing process – prepare and post assigned journal entries and prepare Balance Sheet reconciliations.

• Assist in the preparation of the Material section of COGS for the Annual Operating Budget.

• Assist with the vendor exchange rate program – obtain daily CNY rates and calculating the 50:50 currency share with China toll manufacturers.

• Perform the accounting for the selling programs – Rebates, Co-op Advertising, and various other allowance programs.

•  Develop and preparing an accrued freight program – obtain data for freight bill processors and develop lag report to establish monthly accrual.

•  Work with Accounting Specialist – Payables to calculate the month-end A/P accrual

• Assist where needed in the A/R and A/P functions

• Perform Financial Analysis on company operations and for special projects

•  Perform any other duties as assigned by Supervisor

Requirements:

• Bachelor’s degree in accounting

• 7 years’ experience in accounting, preferably with a manufacturing company

• Knowledge of Generally Accepted Accounting Principles

• Attention to detail, proven analytical and problem-solving abilities

• Good written and verbal communication skills

• Strong customer service orientation, team oriented and highly self-motivated

• Must be proficient in MS Office software – Word & Excel

• Ability to multi-task and establish priorities

Our client is an equal opportunity employer. It is our policy to provide equal employment opportunities to all employment applicants without regard to unlawful considerations of race, religion, creed, color, national origin, sex, pregnancy, sexual orientation, gender identity, age, ancestry, physical or mental disability, genetic information, marital status, or any other protected classification protected by local, state, or federal laws.