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Cost Accountant

Company: LIM Living
Location: Anaheim
Posted on: June 23, 2020

Job Description:

LIM Living is looking for a Cost Accountant who will be responsible for setting up company's inventory cost accounting system. The Cost Accountant is responsible for accurately maintaining the company's inventory and cost accounting system, including preparing, processing, analyzing, reconciling and reporting financial data. Core responsibilities also include General Ledger accounting, Inventory Management, and financial analysis.LIM Living is a funded startup dedicated to finding impactful solutions to lead an environmentally friendly lifestyle. We are conscious creators seeking to provide simple and manageable products. Every decision is made with the environment in mind. From design to installation, LIM Living is focused on reducing carbon footprint and improving environmental impact.Job Expectations:Maintain cost accounting systemDevelop analysis of production and inventory costsPrepare and disseminate routine and ad hoc financial reporting and analysis, utilizing complex spreadsheets as neededInterpret financial data, identify trends and opportunities, and submit reports and/or recommendations to managementLead physical inventory to ensure accurate counting and recording of inventoryAnalyzes capital expenditures, maintains capital reporting, and provides post analysesPerform journal entries and preparing closing reports accurately within the month end scheduleReconcile GL accounts monthly, including resolving outstanding itemsAssists in the preparation of budgets and forecastsImplement processes in alignment with the company's and the department's strategic goalsCreate and maintain documentation of accounting processesEstablish cost accounting policies and procedures to arrive at accurate standards for inventory valuationDevelop and maintain bills of material and assign labor and overhead cost to finished productManage the accounting month-end process by preparing accrual journal entries, raw material cost allocations, reclassifying operating expenses and distributing manufacturing variances by- product and categoriesGenerate and distribute weekly/monthly/quarterly spend, inventory, and production reports as needed----------Participate in annual operating plan preparation and strategic plan preparation as required, primarily in the development of manufacturing costs and the calculation of standard margin and gross profit.Knowlege, skills, and abilities:3-5 years of experience in a cost accounting for manufacturing company is requiredExperience with ERP system is required. Experience with Fishbowl ERP system is a plusExperience with QuickBooks onlineExperience with inventory management and general ledger accountingAdvanced Microsoft Excel skillsStrong knowledge of basic accounting concepts, practices and proceduresStrong organizational skills in order to prioritize and complete work efficientlyAbility to independently conduct research and exercise judgment when resolving issuesExcellent verbal and written communication skills in English, including the ability to interact with all levels of personnelFlexibility to adapt to changing prioritiesEducation Requirements:Bachelor's or Master's degree in Finance, Acconting, or Business AdministrationCPA or CMA is a plus

Keywords: LIM Living, Anaheim , Cost Accountant, Accounting, Auditing , Anaheim, California

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