Job Information
IDEX Sr. Cost Accountant in Rochester, New York
If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact.
With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses (https://www.idexcorp.com/our-businesses/business-segments/) around the globe, chances are, we have something special for you.
SUMMARY
The Senior Cost Accountant is responsible for all aspects of the manufacturing cost accounting function. The position is for a proactive and creative problem solver comfortable in leading efficiency improvements and strategic actions. As well as being a strong communicator who can provide recommendations to Senior Management in order to continuously drive towards the site’s strategic goals. This position reports to the Sr. Director of Finance.
KEY RESPONSIBILITIES
• Responsible for reporting, forecasting and analyzing the manufacturing cost sections of the P&L
and balance sheet. This includes standard costs, variances to standards, operating direct
charges and inventory. Prepare relevant journal entries as part of the month end close process
and submits and reviews results in IDEX reporting software (OneStream)
• Coordinate cost management functions to ensure accurate, timely product cost and inventory
account information for compliance with corporate reporting requirements. This includes inventory
reserve calculations and balances, where required by U.S. GAAP Accounting and IDEX corporate
policy.
• Participates in the preparation, consolidation, and analysis of financial reports for quarterly and
monthly operation and business reviews
• Work with planning and operations to cost new products
• Support manufacturing operations to include:
o Monitor, review and analyze daily manufacturing activities. Provide variances and root
cause analysis for relevant, accurate and timely input and performance reporting.
o Assist manufacturing team with development and implementation of efficiency metrics.
o Review standards against current cost roll-ups on a regular basis to ensure accurate cost
data and provide feedback on product margin analysis.
o Evaluate BOM costing accuracy and communicate exceptions.
o Perform make-buy analyses for parts / assemblies.
o Participate in productivity improvement and lean manufacturing initiatives as requested.
o Support inventory optimization initiatives, including driving processes to identify and
communicate excess and obsolete stocks, evaluate root cause front end process drivers
and maintain appropriate disposition policies and procedures.
o EOZ analysis
o Perform annual material, labor and burden standards review and update.
o Lead the annual physical inventory count. Ensure integrity of the count process and
results.
JOB QUAILIFICATIONS
• Bachelor’s degree in accounting or finance
• JDE ERP experience preferred
• 5+ years of accounting experience; cost accounting preferred
• 3+ years of operational experience, especially with inventory
• Excellent analytical skills with a strong focus on accuracy and attention to detail
• Excellent communication skills and high confidence in stating professional opinions
Document ID: 2ed723f2e185d8d3dac69deca5c49b2d82b5e25c97be5240f62e6e9c5b0cdc0e
• Self-motivated, focused and able to identify needs and implement solutions with minimal
supervision.
• Strong grasp of GAAP accounting and general accounting concepts
• Extremely strong Excel skills, especially advanced financial modeling and analytical techniques
• PowerBI experience preferred
• Demonstrated ability to streamline and automate complex processes
INTERPERSONAL QUALIFICATIONS
Success in this position requires the ability to build a strong partnership with finance and operational team members
• Ability to build relationships at all levels within the organization
• Strong business acumen and analytical skills
• Ability to manage multiple projects and meet deadlines under pressure
• Self-starter with a strong sense of urgency and follow up skills
Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?
Total Rewards
The compensation range for this position is $74,000.00 - $111,000.00, depending on experience. This position may be eligible for performance based bonus plan.
Benefits Package
Our comprehensive U.S. benefit offerings include: Health benefits, 401(k) retirement savings program with company match, PTO, and more. More information on our benefits and rewards can be found on our career page: https://www.idexcorp.com/careers/our-benefit-and-rewards/
IDEX is an Equal Opportunity Employer and Affirmative Action Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws (Minorities/Females/Protected Veterans/Disabled).
Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at lfcareers@idexcorp.com for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.
Job Family: Finance
Business Unit: IH&S (Shared Services)