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Inventory Accountant

Forum Energy Technologies · Pearland, Texas, US

Under general supervision, responsible for conducting moderately complex cost audits and preparing and analyzing cost reports. Analyzes cost records to ascer...

Job description

Under general supervision, responsible for conducting moderately complex cost audits and preparing and analyzing cost reports. Analyzes cost records to ascertain distribution of costs of various divisions of management and production. Classifies labor, material and overhead costs to compute the unit cost of product or service. Records cost data for use by management in controlling expenditures. Determines and installs cost accounting methods and procedures. Analyzes actual costs versus standard costs and explains variances. Prepares estimates of new or proposed product costs. Handles special projects, as assigned. Job Duties/Responsibilities: - Prepare weekly reporting to analyze sales margins based on actual costs incurred versus expected costs. - Production order analysis of actual job cost versus expected cost. - Analyze data to determine costs of business activity such as inventory and labor costs. - Monitors physical inventories and cycle count program providing support to enhance the process. - Reconciles finished, WIP, raw goods inventories, and other project accounts monthly. Report changes to the components and quantities that make up inventory monthly. - Assisting in the...