Cost Accountant

| Paramount, CA, USA
Employer Provided Salary: 60,000-70,000 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.
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Conducts studies that provide detailed information regarding the costs of business activity, such as raw material purchases, inventory, labor, etc. Analyzes changes in product design, raw materials, manufacturing methods, rate schedules, or services provided to determine effects on costs. Compares factors affecting prices and profitability of products or services.

Essential Functions

  • Identify unfavorable & favorable purchase price and material variances.
  • Verify standard cost.
  • Forecast annual and life of program variance impact.
  • Filter the pricing from the Sales department to insure margin performance goals
  • Identify & verify low margin performing PN's - Analyze mix impact lower of cost or market analysis.
  • Forecast future monthly and quarterly margins (Material/OP/EBIT).
  • Add new parts to Cost Data Base - Cost using Router & BOM's from Engineering.
  • Target low margin PN's with specific area of cost identified for cost reduction.
  • Support Pipeline group by providing cost/ benefit analysis.
  • Annualize variances and develop corrective action.

Education requirements

BA/BS Business/Accounting/Finance/Economics/Business

Required Work Experience -

  • 2-year minimum experience developing Standard Cost in a manufacturing environment.
  • Experience with BDM & Router Development, COGS, margin analysis, variance reporting, Oracle experience. Pricing & Margin Review, Pipeline Cost Reduction Tracking & Targeting.

/*generated inline style */ For informational purposes only, the range of pay for this role is $60000 to $70000 US Dollar (USD) Salaried based on a variety of factors. For informational purposes only, this role is eligible to participate in the Company's Quarterly Cash Bonus Plan, paid out at the quarterly bonus factor of 2X the Company's bonus multiple, based on the Company's performance in the applicable quarter . Employees will receive 120 hours paid time off every year. Employees will also receive 10 paid holidays. Employees (and their families) are eligible to participate in the company's medical, dental, vision, and basic life insurance. Employees are eligible to enroll in the Company's 401(k) plan.

/*generated inline style */ This position requires use of information or access to production processes subject to national security controls under U.S. export control laws and regulations (including, but not limited to the International Traffic in Arms Regulations (ITAR) and the Export Administration Regulations (EAR)). To be qualified to work in this facility, a successful applicant must be a U.S. Person, as defined in those regulations, and able to supply evidence of that qualification prior to starting work or be authorized to receive controlled information under a specific license or permission from the relevant government agency. The U.S. export control regulations define a U.S. person as a U.S. Citizen, U.S. National, U.S. Permanent Resident (i.e. 'Green Card Holder'), and certain categories of Asylees and Refugees.

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More Information on Precision Castparts
Precision Castparts operates in the Aerospace industry. The company is located in Portland, OR. Precision Castparts was founded in 1953. It has 20 total employees. To see all 85 open jobs at Precision Castparts, click here.
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