Sr. Cost Accountant

Job Details

Description

The Company

CSWI’s Contractor Solutions segment is the Company’s largest segment. It is led by the RectorSeal business and provides a wide range of quality products that increase efficiency and improve reliability for professional contractors in the HVAC/R, plumbing, electrical, and construction markets. Consistently recognized for innovation, RectorSeal delivers top-tier brands for HVAC, plumbing, electrical, and firestopping applications. RectorSeal has had accelerated growth both organically and through acquisition, including the most recent acquisition of Aspen Manufacturing in May of this year.

Dallas-based CSW Industrials, Inc. (CSW) is a publicly traded diversified industrial growth company with a strategic focus on providing niche, value-added products in the end markets we serve. The Company’s products include mechanical products for heating, ventilation, air conditioning and refrigeration ("HVAC/R"), plumbing products, grilles, registers and diffusers, building safety solutions and high-performance specialty lubricants and sealants. End markets that the Company serves include HVAC/R, architecturally specified building products, plumbing, energy, rail, mining and general industrial. The Company’s manufacturing operations are concentrated in the U.S., Canada and Vietnam, with distribution operations in the U.S., Australia, Canada and the United Kingdom.

Position Summary

The Senior Cost Accountant will collect and analyze complex financial information related to the organization’s expenses, seeking ways to improve the accuracy of budgets and forecasts and to decrease the cost of departments and projects. This position reports to Director of Finance & Analysis for the Contractor Solutions segment.

Key Accountabilities

• Delivering Excellence in Financial Reporting
• Preparation and review of month-end journal entries
• Review of inventory-related reconciliations in Blackline
• Periodic inventory variance analysis with a high knowledge of inputs and drivers
• Completion of all inventory and manufacturing controls
• Lead the timely submission of audit requests for inventory testing
• Product Cost Accuracy
• Own and coordinate execution of cost rolls with clear communications to the business
• Perform detailed cost analysis and develop standard operating review process
• Evaluate labor and overhead rates for multiple manufacturing/DC sites as set in the ERP system; propose adjustments to reflect “true” product cost/profitability
• Review Bill of Materials, Routers, Overhead Rates, throughput rates, and purchased raw material prices
• Prepare product costing and profitability analysis

• Inventory
• Use data, analytics, and business knowledge to help support a “healthy” inventory level for the business
• Analyze inventory turns by product and find opportunities to improve within that product's unique supply chain context
• Lead physical inventory counts, review, and analysis
• Reporting & analytics
• Understand and explain manufacturing variances in the monthly P&L. Guide any operational changes needed to rectify variances
• Develop and standardize automated labor utilization/efficiency/productivity metrics and collaborate with sites to drive targeted outcomes
• Monitor variable costs that do not exceed volume trends
• Ad-hoc financial reporting and analysis as needed by management
• Finance Support
• Develop KPIs and a dashboard to help the manufacturing function and non-financial business leaders understand significant cost trends
• Partner with supply chain to manage commodity cost tracking and monitor financial impacts
• Support inbound and outbound freight analysis and forecast models
• Enhance and maintain internal capex tracking and forecast
  

Personal Characteristics

• Desire to drive collaboration and partnership between multiple departments and sites to develop solutions and improvements
• Strong communication skills and ability to interact with all levels of the organization
• Innovative and creative approach to problem-solving. A “curious” mindset that thinks beyond the stated topic or task and uses analytical skills to fully understand all relevant factors. Brings clarity to business decisions
• Strong work ethic with the ability to adapt quickly in an environment that is growing and changing frequently
• Ability to work independently with minimal direct supervision. Willing and able to “get out of their office” to drive progress and communication

Experience And Qualifications

• Bachelor's degree required; degree in Finance or Accounting preferred
• 5(+) years of cost accounting experience in a product manufacturing or chemicals manufacturing environment
• Strong knowledge of accounting theory, cost accounting concepts, and applications of principles (GAAP)
• Experience with inventory and costing in JD Edwards ERP system
• Efficient with large data sets and analytical outputs
• Thorough understanding of cost accounting principles and procedures
• Excellent organizational skills and attention to detail
• Strong analytical and problem-solving skills
• ERP implementation or conversion experience
• Financial modeling and dashboard creation with Power BI experience
• Advanced Excel and BI skills
• Proficient with Microsoft Office Suite or related software