Cost Accountant VA

A senior cost accountant who sets standard costs, tracks materials, labour and overhead and reports true product or job margins, so a manufacturing, construction or distribution business knows exactly what each unit or project costs to deliver.

Description

A Cost Accountant VA helps manufacturing, construction, distribution and similar businesses understand what products, jobs and projects actually cost. They can maintain standard costs, analyse labour and material variances, reconcile inventory and prepare job-cost and work-in-progress reporting. Outsource Teams provides top 1% vetted talent with specialist cost accounting experience, no lock-in contracts and a replacement guarantee.

Responsibilities

  • Develop and maintain standard costs for materials, labour and overhead across products or jobs.
  • Analyse purchase price, usage, labour efficiency and overhead variances each month and explain the drivers.
  • Maintain bills of materials, routings and cost rollups in the ERP system.
  • Reconcile inventory subledgers to the general ledger and investigate cycle count and physical count differences.
  • Prepare job cost reports, work-in-progress schedules and percentage-of-completion calculations.
  • Calculate overhead absorption rates and review allocation methods annually.
  • Support pricing and quoting with accurate cost-plus and contribution margin data.
  • Analyse scrap, rework and obsolescence and recommend reductions.
  • Prepare inventory valuation, reserves and lower of cost or market assessments for reporting.
  • Partner with production and procurement teams to improve cost capture and data accuracy.

Software & Tools

SAP NetSuite Microsoft Excel MYOB Xero Power BI

Requirements

  • 5 or more years of cost accounting experience in manufacturing, construction, food production or distribution.
  • Degree in Accountancy; CMA or CPA qualification preferred.
  • Experienced with ERP costing modules in NetSuite, SAP, Dynamics 365 Business Central, Epicor or Fishbowl.
  • Advanced Excel skills for variance analysis, cost rollups and inventory reconciliations.
  • Understands standard, actual, job and activity-based costing and when each applies.
  • Explains cost drivers in plain English to plant managers and estimators.
  • Works the client's plant or office hours from a home setup with reliable high-speed internet and backup power.

Frequently Asked Questions

What costs can they track?

They can track materials, labour, overhead, inventory, jobs, work in progress, scrap and other costs that contribute to product or project profitability.

Can they help with pricing?

Yes. They can support quoting and pricing decisions using accurate cost-plus and contribution margin information.

What systems can they work with?

They can work with SAP, NetSuite, Microsoft Excel, MYOB, Xero and Power BI, along with other ERP costing systems.

How experienced are the candidates?

Candidates are expected to have at least five years of cost accounting experience in manufacturing, construction, food production or distribution.

How much does it cost?

Rates are listed in USD at $9 per hour for entry-level talent, $12 per hour for intermediate and $15 per hour for senior talent. Both full-time and part-time options are available.

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