Cost Accountant

Posted 4 Days Ago
Be an Early Applicant
Grand Rapids, MI, USA
In-Office
52K-76K Annually
Mid level
Industrial • Manufacturing
The Role
Cost Accountant supporting manufacturing plants through cost management, inventory analysis, standard costing, forecasts, budgeting, variance analysis, financial controls, and operational reporting. The role advises plant leadership, monitors labor and inventory metrics, supports bids and project turnover, evaluates reserves, drives process improvements, and ensures accurate plant financial performance. It requires accounting or finance education, manufacturing experience, standard-cost knowledge, SAP or ERP experience, and strong Excel skills.
Summary Generated by Built In
As a member of the US Operations Finance organization, the Cost Accountant plays a key role in the success of the Global Operations function at Dematic. This role supports manufacturing facilities in Grand Rapids, MI and Salt Lake City, Utah that are within a much larger global organization (35,000+ employees globally).
This position provides exposure to various levels of management within Dematic and is a springboard to more multifaceted roles within finance, including management. The role will be reporting to the Manufacturing Controller and will work a hybrid schedule from our Grand Rapids, MI office.We offer:
  • Career Development
  • Competitive Compensation and Benefits
  • Pay Transparency
  • Global Opportunities

Learn More Here: https://www.dematic.com/en-us/about/careers/what-we-offer/

Dematic provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

The base pay range for this role is estimated to be $51,750-75,900 at the time of posting. Final compensation will be determined by various factors such as work location, education, experience, knowledge, and skills.

Tasks and Qualifications:

This is What you Will do in This Role:

  • In partnership with the local Manufacturing Controller, manage costs, inventory, and metrics in Dematic’s manufacturing plants
  • Provide analysis, support, and strategic financial guidance to the Plant Manager, Floor Supervisors, and other key leaders on site
  • Develop financials for the factory including forecasts, monthly review of actual to forecast and plan, and support the annual budget process
  • Calculate, review, and ensure accuracy in standard costs including reviews of purchase price variance and production variances
  • Support daily costing process and annual standard cost setting as needed
  • Prepare upcoming workload for manufacturing site, including backlog (booked work) and new business
  • Coordinate efforts with the Plant Manager to drive the SQDC (Safety Quality Delivery Cost) mentality, and communicate the financial performance of the plant daily.
  • Review and provide daily reports on key labor metrics
  • Support the forecast of inventory in the plant
  • Calculate factory inventory reserves and evaluate the efficiency of reserves quarterly
  • Ensure compliance of all financial controls for the plant are followed including inventory management and cycle counts
  • Participate in reviews of pending bids for new project work along with attending project turnover meetings
  • Work with the Plant Manager to Identify and drive process improvements
  • Support other functions as needed for special projects

What We are Looking For:

  • Bachelor’s degree with a concentration Accounting, Bachelor's degree is Finance also considered
  • 2-5 years of proven experience in a Manufacturing environment
  • Exposure to standard cost is required
  • Ability to work independently and make decisions as the need arises.
  • Ability to explain results to Management and make data-driven recommendations
  • Experience using SAP or ERP System is required
  • Demonstrated proficiency in Microsoft Suite, including solid Excel skills
  • Travel requirements up to 5-10% as needed.

#LI-RT1

Skills Required

  • Bachelor's degree with a concentration in Accounting or Finance
  • 2-5 years of proven experience in a manufacturing environment
  • Experience with standard costing
  • Experience using SAP or an ERP system
  • Proficiency in Microsoft Office, including strong Excel skills
  • Ability to work independently and make decisions as needed
  • Ability to explain results to management and make data-driven recommendations
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The Company
HQ: Frankfurt am Main
2,544 Employees
Year Founded: 2006

What We Do

Looking to make your move? Then you’ve come to the right place! We are the KION Group, and the world of intralogistics is our home. Our solutions ensure the smooth flow of materials and information in production plants, warehouses, and distribution centers in over 100 countries. We have around 41,000 employees who make a real difference, helping us to become who we are today: the biggest manufacturer of forklift trucks and warehouse handling equipment in Europe, and one of the world’s leading warehouse automation providers. Successful? We are, but it’s all down to the motivated, highly trained, and multi-talented people that work for us. Would you like to be part of an international, diverse team? We can offer you interesting jobs and exciting career opportunities in an innovative, rapidly-growing, and forward-looking industry. With us, you benefit from numerous development opportunities in a globally active group, including the possibility of working at one of our locations abroad on a temporary basis. No matter which of our sites you work at, the KION values—integrity, collaboration, courage, and excellence—shape our individual action and our collaboration with colleagues, managers, customers, suppliers, and applicants both nationally and internationally. Who makes up the KION Group? With our international brands Linde Material Handling, STILL, and Baoli, as well as regional brands Fenwick and OM, we stand for exceptional technology and service expertise for forklift trucks and warehouse handling equipment around the world. Dematic expands the portfolio with its automated material handling solutions for intralogistics processes in warehouses, production, and sales

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