Cost Accounting Manager ensures that costs for the company's products and services are allocated according to corporate procedures and in compliance financial accounting standards. Oversees the cost control systems, manages and interprets cost audits, and prepares cost accounting reports for presentation to top management. Being a Cost Accounting Manager gathers historical cost data (materials, labor, depreciation, operating expenses, etc.), to compare budgets with actual expenses. Manages the cost accounting staff to complete projects. Additionally, Cost Accounting Manager requires a bachelor's degree or its equivalent. Typically reports to a Director. The Cost Accounting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met, adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Cost Accounting Manager typically requires 5 years experience in a related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)
Company Overview:
At Quaker Houghton, we are experts in the development, production and application of chemical specialties, process fluids, lubricants, and coatings for the manufacturing industry. We have been an integral part in the growth of the worlds largest industrial companies and to this day our experience and expertise show in the actions and dedication of our Associates worldwide. Today, we have a global presence, with our corporate headquarters located in Conshohocken, PA. Quaker Houghton is a global publicly traded company with a unique collaborative culture that supports career growth for its associates and offers competitive compensation and benefit programs.
Summary of Position:
The Cost Accounting Manager Americas within Finance will report to the Global Cost Accounting Business Services Leader and be responsible for driving the Standard Costing, Cost Accounting, Inventory, and variance management processes in the Americas region (U.S, Canada, Mexico, Argentina and Brazil), as well as realize related process improvements and standardization in these areas.
Cost accounting is defined as the finance process of assigning costs to cost objects that include Quaker Houghton (QH) products, services and any other activities that involve the QH. Cost accounting is the basis for providing operations, procurement, supply chain and commercial management tactical and strategic, financial, and operational feedback on the valuation of our inventories and product sales margins.
The cost accounting process serves as an input for both statutory and management reporting. It includes the costing of raw materials, intermediate products and finished products for all manufacturing including freight costs as well as project valuation linked to engineering projects. It includes branch(location) cost reporting, legal entity cost reporting, and group cost reporting (from raw material to finished goods across all legal entities) and requires close cooperation with the companys procurement, operations, and supply chain teams.
Through supervision, management and support of the Americas cost accounting professionals, the Cost Accounting Manager Americas will drive execution, process management and governance in the Americas for the costing process. To be successful, this role will collaborate with key stakeholders in the Americas and across the globe, including cost accounting professionals in other regions, regional controllers, supply chain, commercial and the internal control and tax teams to understand the business and product costing processes and realize the future state process. This role is a dual role with responsibility to both drive processes and improvements, while also being the people manager for the Americas cost accounting team (a people manager and oversight role for a regional network of local process-oriented finance professionals and cost accountants).
What will you do?
Education, Experience and Training:
Bachelors degree (BS) in accounting, finance, or related field required. CPA or equivalent a plus.
Required Skills and Competencies:
What's in it for you:
Quaker Houghton is an equal opportunity employer committed to creating a diverse workforce. Quaker Houghton provides equal employment opportunity for all qualified candidates. Quaker Houghton does not discriminate against any candidate for employment based on race, color, religion, sex, gender, gender identity or expression, affectional or sexual orientation, pregnancy, age, creed, ancestry, national origin, citizenship, marital or domestic partnership or civil union status, veterans status, physical/mental disability, genetic information, or any other category protected by U.S federal, state, and/or local employment law. Furthermore, Quaker Houghton is committed to providing reasonable accommodations to qualified candidates with physical and/or mental disabilities. Applicants with a disability who need assistance applying for a position may email OneHR@quakerhoughton.com.
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