Cost Accountant
Company Description
Every minute of every day, Smiths Detection’s threat detection and security screening technology helps to protect people and infrastructure, making the world a safer place.
Smiths Detection, part of Smiths Group is a global leader in the development, manufacture and management of security and detection solutions designed to make the world a safer place. Our technology provides threat detection and screening solutions for customers in our key markets: aviation, ports and borders, defence, and urban security.
Our expertise spans 21 global offices, seven manufacturing sites and five R&D centres, with a global network of 3,000 dedicated colleagues contributing towards over 40 years at the frontline of advances in safety and security.
This results in careers built on variety and the opportunity to work on a range of state-of-the-art solutions, where you can develop your knowledge and experience every day.
Job Description
The Cost Accountant will be responsible for performing cost analyses, maintaining accurate cost accounting records, and ensuring effective cost control measures are in place. The ideal candidate will have strong analytical skills and a thorough understanding of cost accounting principles.
Job duties to include but are not limited to:
- Program Finance Reporting:
- Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
- Provide detailed reports on cost variances and analyze reasons for deviations.
- Assist management in making cost-related decisions by providing accurate and timely financial data.
- Assist in the preparation of budgets and financial forecasts related to programs.
- Monitor budget performance and recommend corrective actions to address variances.
- Support the development of cost control strategies and initiatives.
- Processing of journal entries and adjustments in relation to accounts included above, which will also require working with the Financial Services Department.
- Analyze and report on cost trends and potential impact on profitability.
- Factory Cost Reporting:
- Analyze, evaluate and report monthly production variances against standards for all plant output.
- Report weekly / monthly factory rework activity against plan in accordance with Cost of Poor Quality objectives.
- Report weekly / monthly material scrap activity against plan in accordance with Cost of Poor Quality objectives.
- Monitor, evaluate and report all sub-contracting costs.
- Evaluate and report freight costs against plan.
- Supporting internal controls framework and maintaining internal control documentation in relation to the general ledger
- Other tasks as assigned
Qualifications
Education: Bachelor’s degree in Accounting, Finance, or a related field.
Experience: 3-5 years of experience in cost accounting, preferably in a manufacturing environment
Technical Knowledge, Skills and Abilities:
- ERP experience, SAP preferred
- Intermediate or above User of Excel and MS Office programs
- Strong analytical skills, motivated, able to meet required deadlines, and detail-oriented
- The ability to communicate across all levels of the organization
Additional Information
We offer…
Join us and we’ll help build your career, with excellent training and opportunities for career growth across the business, both locally and globally. You’ll experience an inclusive environment, with strong leadership and a focus on safety and wellbeing. You’ll also have the flexibility to choose from a wide range of benefits to suit your lifestyle, offering you and your family support from a health and wellbeing, financial and lifestyle perspective.
Join us and work for a world-leader, with the benefits and training to reward your dedication and skills. Be part of a team where we are making the world a safer place.
Smiths Detection is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. Equal Employment Opportunity PostersIf you’d like to view a copy of the company’s affirmative action plan or policy statement, please email hr-1@smiths-detection.com.
The compensation for this position ranges from $61,419.00 - $92,129.00/yr and will vary depending on factors such as your location, skills, job-related knowledge, and experience. The compensation package may also include incentive compensation opportunities in the form of discretionary annual bonus or commissions. Smiths Detection provides comprehensive benefits including healthcare, 401K savings plan, company holidays, vacation, sick time, parental leave and an employee assistance program. Eligibility requirements apply.
If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail stat@smiths.com or call toll-free 877-703-1029. This email and phone number is created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues not related to a disability, will not receive a response. Smiths Detection, Inc. participates in the Electronic Employment Verification Program.
We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of race, colour, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.
At no time during the hiring process will Smiths Group, nor any of our recruitment partners ever request payment to enable participation – including, but not limited to, interviews or testing. Avoid fraudulent requests by applying jobs directly through our career’s website (Careers - Smiths Group plc)
We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of race, colour, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.
At no time during the hiring process will Smiths Group, nor any of our recruitment partners ever request payment to enable participation – including, but not limited to, interviews or testing. Avoid fraudulent requests by applying jobs directly through our career’s website (Careers - Smiths Group plc)