Cost Accounting Professional
hace 3 semanas
**Personal and Professional Growth Opportunities**
The Timken Company is seeking a Senior Cost Accounting Analyst to join our team.
**About the Role**
This is a challenging career that provides the opportunity to advance personally and professionally. Our associates make the world more productive by improving the efficiency and reliability of the machinery that keeps industry in motion.
**Job Summary**
To assist in coordinating and organizing the annual standard cost, physical inventory, and cycle count, in order to maintain accurate costing information, inventory valuation and manufacturing transactions, also inventory values accuracy. Must also perform a variety of regular and recurring professional accounting and costing functions involving tax interpretation and analysis, reconciliations, and reviews of multiple accounts and transactions.
**Key Responsibilities**
- Assist to coordinate the calculation of the annual standard cost, normal hours, rates calculations & expenses, and landing factors.
- Analyze and understand variances in material, labor and expenses; and set remediation plans according to findings.
- Assist to organize the annual physical inventory and cycle counts analyzing root causes to get corrective action plans implemented.
- Prepare manufacturing weekly performance reports for management to review.
- Assist to identify opportunities to improve profitability then be an active member of the implementation team
- Identify opportunities to improve administrative processes and be an active member of the implementation team
- Support monthly manufacturing variance report preparation.
- Assist to communicate manufacturing scorecard to all plant areas.
- To perform general accounting and costing journal entries.
- To assist in Annex 24 compliance.
- Assist to prepare the annual business plan and monthly forecasts.
- To ensures compliance with internal controls in accordance with Sarbanes-Oxley
**Requirements**
- Degree in Accounting/Finance or Business, with Minimum 5+ years of experience in Cost accounting
**About The Timken Company**
The Timken Company, a global technology leader in engineered bearings and industrial motion, designs a growing portfolio of next-generation products for diverse industries. For 125 years, Timken has used its specialized expertise to innovate and create customer-centric solutions that increase reliability and efficiency. The company posted $4.8 billion in sales in 2023 and employs more than 19,000 people globally, operating from 45 countries. Timken is one of the World's Most Innovative Companies, according to Fast Company, and has been recognized among America's Most Responsible Companies and America's Greatest Workplaces for Diversity by Newsweek, the World's Most Ethical Companies by Ethisphere and America's Most Innovative Companies by Fortune.
**What We Offer**
- Over a century of knowledge and innovation
- A culture of top performance
- A global, diverse environment
- Products that contribute to a sustainable world
- A conviction to improve communities around us
- Competitive salary and benefits
**Are You Ready to Grow with Us?**
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