Job Description
Job Description
Cost Accountant
Onsite or Hybrid – Bellows Falls, VT
Chroma Technology Corp., a world leader in the advanced manufacturing of thin-film optical coatings, has an exciting opening for a Cost Accountant!
JOIN OUR AWARD-WINNING TEAM! Recognized as a Best Places to Work in Vermont. Chroma Technology Corp. is a 100% employee-owned company and certified B corporation. We are able to offer an extremely generous package of benefits, rewards, and a value-driven work environment. Join our team of collaborative employee-owners who are self-motivated, independent workers willing to strategize and together work towards the long-term prosperity of the company.
Job Summary/Objective:
The Cost Accountant plays a crucial role in analyzing and managing the company's costs, ensuring accurate financial reporting, and identifying opportunities for cost reduction and efficiency improvement. This position is responsible for the preparation, analysis, and reporting of cost data for Chroma, assisting management in making informed business decisions. Key responsibilities include developing cost standards, implementing cost systems, and ensuring the accuracy of financial records.
This role requires collaboration with various departments across the organization, to ensure accurate inventory records, explain and document variances, and identify and eliminate areas of waste.
Primary Responsibilities and Essential Functions:
- Develop, implement and maintain cost accounting systems, procedures and records
- Develop and maintain standard costs for manufactured and purchased items
- Calculate direct labor and overhead rates by work center
- Cost all jobs to determine profitability and ensure accurate pricing
- Prepare and analyze cost reports, identifying and researching trends and variances
- Identify areas for cost reduction and work with the appropriate people to develop strategies and procedures to control those areas
- Ensure accurate cost allocation
- Provide detailed cost information to management for decision-making
- Analyze financial performance and profitability of products
- Analyze yield to optimize production efficiency
- Support Sales in determining proper pricing to maintain competitive and healthy profit margins
- Prepare inventory valuation and ensure inventory records are accurate and complete
- Assist in preparation of annual budgets and financial forecast
- Ensure compliance with accounting standards and internal control procedures
- Perform ad-hoc analysis and reporting as needed
Required Education, Experience, and Eligibility Qualifications:
- Minimum five years of cost accounting experience, preferably in manufacturing
- Expert-level proficiency in Microsoft Excel
- SQL knowledge
- Strong ability to analyze and resolve problems
- Report writing experience
- Excellent attention to detail and follow-through on projects
- Ability to organize projects and work independently
- Self-starter, detail oriented, independent worker
- Ability to organize and manage multiple priorities
- Ability to work effectively with all individuals/groups within the organization
- Excellent interpersonal skills
Compensation and Benefits
- Pay Range $70,000 - $95,000
- Employee Ownership
- Medical, Dental and Vision Insurance
- 401K and Profit Sharing
- 80 Hours Sick/Personal Time and 80 Hours Vacation
- Education Assistance and Wellness Reimbursement
Please note that the compensation offered to the selected candidate will be based on a variety of factors, including but not limited to experience, skills, education, and internal equity. As such, applicants should not expect to receive the maximum of the posted range.
Please visit our career page at www.chroma.com to review the full job description, summary of benefits, and to apply online.
Chroma Technology Corp is an employee-owned company and equal opportunity employer.