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Cost Accountant

Date: Oct 23, 2021

Location: Lebanon, TN, US, 37090

Company: A. O. Smith Corporation

Company / Location Information

Water technology is one of the fastest-growing industries in the world, and, as a leading global water technology company, A. O. Smith Corporation is at the center of the trend. We are a $3 billion company with 146-year history and employ more than 16,000 men and women globally.  We have sales and distribution in more than 60 countries around the world. A. O. Smith is committed to continuous improvement, not just in its factories and its processes, but in its people.

 

Recognized by The Tennessean as one of the top Nashville area Workplaces, Lochinvar (a business unit of A. O. Smith) is the leading producer of energy-efficient boilers, water heaters, pool heaters and commercial package systems.  We focus solely on serving our customers and have a solution for all your water heating needs, and because of this, have seen double digit company growth 34 of the past 36 years. 

Primary Function

Plan and direct manufacturing cost accounting activities to ensure the integrity and presentation of cost for manufactured products.  Apply principles of cost accounting to conduct studies that provide detailed cost information not supplied by general accounting systems and perform essential duties.

Role Specific Responsibilities

  • Plan, study and collect data to determine costs of business activity such as raw material purchases, inventory, labor, and overhead are appropriately assigned.
  • Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.
  • Responsible for coordination and successful completion of annual cost roll.
  • Responsible for developing annual overhead standards and periodically reviewing those standards.
  • Responsible for monthly and yearly closing of manufacturing and related financial reports.
  • Supervise and assist clerk as needed with PLM (Product Lifecycle Management) process responsibilities.
  • Supervise and assist clerk, as needed, with processing and reviewing the accounting completions and variances concerning production orders.
  • Reconcile and research variances in inventory arising from corrections in BOM content, cycle counting, physical inventories and errors.
  • Researches and prepares reporting of manufacturing variances.
  • Assist in the preparation of the Manufacturing budget.
  • Responsible for developing, documenting, and maintaining policies and procedures for areas of responsibility.
  • Provide management with reports specifying and comparing factors affecting prices and profitability of products or services for new and existing products.
  • Researches and develops accounting reports as needed.
  • Researches and directs the on-going education and improvement of cost accounting in the current software system.
  • Maintain a professional working relationship with other departments to correct and improve procedures to reflect accurate manufactured products cost. 
  • Assist in the coordination and implementation for physical inventories, if needed.
  • Other responsibilities may be assigned as needed.

Qualifications

  • Bachelor's Degree in Accounting or related field. 
  • Minimum of 3 years related work experience
  • Proficient in Microsoft Office applications
  • Experience with SAP is preferred
  • Excellent communication skills, both orally and written, to explain difficult and financial concepts
  • Strong organization and time management skills with the ability to adapt work priorities
  • Ability to read and interpret financial data
  • Good working knowledge of financial modules of corporate computer software systems
  • Ability to work independently and lead a team to achieve performance goals

We Offer

Competitive compensation package and comprehensive benefits plans which include medical and dental insurance, company-sponsored life insurance, retirement security savings plan, short- and long-term disability programs and tuition assistance.


Nearest Major Market: Nashville

Job Segment: ERP, Accounting, SAP, PLM, HVAC, Technology, Finance, Management, Operations