MS Companies · 1 week ago
Product Cost Specialist
MS Companies is an automotive manufacturing firm seeking a Product Cost Specialist. The role involves performing product cost accounting functions to meet company goals, including preparing supplier payments, maintaining accounts, and participating in inventory audits.
Information Technology & Services
Responsibilities
Prepare Evaluated Receipt Settlement (ERS) supplier payments based on goods receipts, invoices, and approved purchase orders or contracts in SAP (data management system)
Compare supplier statement information with HMMA data in SAP system; follow-up and reconcile
Maintain and reconcile related party accounts within SAP and report
Complete month-end close and reporting duties in a timely and accurate manner to ensure the integrity of financial statements in accordance with HMMA policies and procedures
Calculate estimated warranty reserves
Process royalty payments and amortizations
Participate in inventory audits
Assist in the development of standard costs for new materials; perform quarterly maintenance process for standard costs in SAP
Track, process, and report warranty & campaign claims and reclaims monthly
Resolve costing discrepancies in a timely and professional manner
Prepare and maintain all HMA reporting
Administer, coordinate, and comply with all Business Management System (BMS), Environmental Management System (EMS), and Safety Management System (SMS) requirements
Meet all other requirements as assigned
Qualification
Required
Bachelor's degree or equivalent in Accounting desired
MS Word
MS Excel
MS PowerPoint
Knowledge of GAAP and its application in a for-profit environment
Preferred
0 – 10 years of job related experience in accounting and manufacturing preferred
Certified Public Accountant (CPA) designation desired