Cost Accountant
Howmet Aerospace · Fontana, California, US
SUMMARY Partners with operation teams to reduce costs and improve gross margin, manages inventory transaction accuracies to ensure no major inventory write-o...
Job description
SUMMARY: Partners with operation teams to reduce costs and improve gross margin, manages inventory transaction accuracies to ensure no major inventory write-offs or write-downs. Provides timely update of cost rolls and manages the once-a-year cost roll with new rates. ESSENTIAL DUTIES AND RESPONSIBILITIES: Duties and responsibilities include the following. Other duties may be required and assigned at any time. - Partners with Operation Management, Manufacturing Engineering, Procurement, Outside Processing and Inventory Control to improve operation excellence - Manages cost accounting transactions to ensure compliance with US GAAP and Company Costing Policies and Procedures - Ensures inventory valuation accuracy through correct costing, analysis, and cycle count tracking - Performs analysis and support to Operation Management to achieve the cost reduction goals - Assists in the preparation of daily and monthly P&Ls - Reviews and updates standard costs for each work cell based on Company requirements - Prepares and effectively communicates margin analysis and reports to Operation Management - Assists in preparing costing data for major business decisions - Leads the annual physical i...