Simsbury, CT, 06070, USA
9 days ago
Manager of Cost Accounting
This opportunity is located within our Ensign-Bickford Aerospace & Defense Company business, a global leader of mission-critical hardware and systems solutions including precision energetics systems and innovative explosive solutions. Click here (https://www.eba-d.com/) to learn more. Job Description We are seeking a highly skilled and experienced Manager of Cost Accounting. This position plays a crucial role in the organization by analyzing and managing the costs associated with our operations. This position will be responsible for overseeing department spending, absorption costing, variance analysis, headcount management, and inventory planning. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to communicate effectively with cross-functional teams. This role serves as a key position within our finance department, offering opportunities for professional development, growth, and succession. Key Responsibilities: + Department Spending Management: Monitor and analyze departmental budgets and expenditures, ensuring alignment with financial goals and identifying areas for cost savings and efficiency improvements. + Absorption Costing: Develop and maintain absorption costing methodologies to accurately allocate costs to products and services, ensuring compliance with accounting standards and regulations. + Variance Analysis: Conduct variance analysis related to material, labor, and overhead costs. Investigate discrepancies and provide actionable insights to management for decision-making. + Headcount Analysis: Collaborate with HR and department managers to analyze headcount trends, assess labor costs, and provide recommendations for staffing efficiency and effectiveness. + Inventory Planning: Oversee inventory management processes, including valuation, turnover analysis, and optimization strategies to ensure inventory levels are aligned with production and sales forecasts. + Reporting: Prepare and present comprehensive cost reports to senior management, highlighting financial performance, cost trends, and strategic recommendations. + Collaboration: Work closely with engineering, production, and supply chain teams to ensure accurate cost tracking and reporting, as well as to support new product development and project initiatives. + Continuous Improvement: Identify and implement process improvements in cost accounting practices and tools to enhance accuracy and efficiency. Qualifications: + Bachelor’s degree in Accounting, Finance, or a related field; CPA or CMA preferred. + 5-7 years of progressive experience in cost accounting or financial analysis, preferably in an aerospace or manufacturing environment. + Strong understanding of absorption costing, variance analysis, and inventory management principles. + Proficient in financial modeling, forecasting, and budgeting. + Advanced Excel skills and experience with ERP systems (IFS a plus). + Excellent analytical, problem-solving, and organizational skills. + Strong communication and interpersonal skills, with the ability to work collaboratively across departments. + Attention to detail and a commitment to accuracy in financial reporting. Ensign-Bickford Aerospace & Defense Company is an Equal Opportunity Employer (EOE). Qualified applicants are considered for employment without regard to race, religion, color, sex, age, disability, sexual orientation, genetic information, national origin, or veteran status. Ensign-Bickford Industries, (http://e-bind.com) (EBI), founded in 1836, is a privately-owned high technology conglomerate that participates in businesses that are relevant to the future of the world and have multigenerational growth prospects. Over the last 186 years, EBI has grown into a global science and technology leader in pet food science, space and defense, and diagnostic solutions. Our businesses are unified by a common shared operating system and a common set of Core Values. Watch the video above to learn more about some of the incredible challenges we take on every day to deliver the best product for our customers, and ultimately the world. The simple truth is: When you are a part of our team, you stand head and shoulders above the rest. We conduct business in a manner that reflects the highest human and ethical standards, with a commitment to mutually beneficial partnerships, and a belief in the efficacy of genuine economic and social service. Click here to learn about our Core Values (https://ensign-bickfordind.com/ebi-core-values/) AFB International + AFB is the leader in pet food flavor enhancers. Ensuring product performance for pet food manufacturers—and their customers—is our business. ⠀ Cawood (https://cawood.co.uk/) + Cawood is the UK’s leading scientific group, recognized for its technical capability and value-added service to customers in land-based industries. ⠀ Ensign-Bickford Aerospace & Defense Company (http://www.ensign-bickfordind.com/subsidiaries/ensign-bickford-aerospace-defense/) + EBAD is a global leader in precision energetic systems and other innovative explosives, non-explosive and electromechanical solutions for the defense and aerospace markets. ⠀ EnviroLogix (http://www.ensign-bickfordind.com/subsidiaries/envirologix-inc/) + EnviroLogix is an industry leader in the development and manufacturing of tests for the rapid detection of GMOs and mycotoxins throughout the worldwide food production chain.
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