Avancez LLC · 8 hours ago
Cost Accountant
Warren, MI
Contract
Onsite
Senior Level
5+ years expAvancez LLC is a people-focused organization committed to excellence and continuous improvement. They are seeking a Plant Cost Accountant to manage invoicing activities, monitor pricing communications, analyze costs, and support financial analysis within the manufacturing environment.
AutomotiveIndustrial
Responsibilities
Manage customer invoicing activities for component material, supply chain, value-added services, and miscellaneous spot buys
Monitor inbound component material contract communication for pricing and ensure pricing updates are performed simultaneously and accurately for both the customer and the supplier in ERP system
Analyze price changes and identify the need for retro price updates:
Ensure supplier retro adjustments align with customer retro adjustments. Coordinate required supplier adjustments with accounts payable and purchasing to ensure timely recovery to/from suppliers. Compare sales transaction history to customer pricing adjustments and work with purchasing and customer on any invoicing discrepancies to pursue recoveries
Ensure customer labor value add retro adjustments are processed timely
Monitor freight and supply chain related costs compared to revenue billed. Support Finance and Supply Chain teams with financial analysis and recommendations
Manage customer payment discrepancy resolution for component material, supply chain and value-added services contracts
Perform product structure cost rollups for all BOMs (Bill of Material) if/as required
Support recovery for obsolete inventory with Materials and Supply Chain teams
Review scrap activity and impact on inventory with Materials and Supply Chain teams
Reconcile related general ledger accounts for inventory, supply chain, customer and supplier price adjustments
Provide support to the Materials team for physical inventory and cycle count programs as required. Ensure internal controls are functioning as designed
Follow up on variances from cycle count and physical inventories with the Materials team to ensure proper adjustments to inventory were made and corrective actions in place to avoid future variances
Understand ERP system transactions relating to component material flow, how inventory valuation impacts P&L reports, and review system for proper treatment
Work with other functional areas in connection with material ownership processes to ensure transactions are processed correctly, efficiently, and discrepancies are resolved timely
Identify and implement continuous improvement initiatives
Have extensive knowledge of the material ownership environment
Participate in Engineering Change meetings and support financial related activities
Understand and utilize the customer supplier portals for areas of responsibility and participate in available ongoing training opportunities
Maintain proper inventory costs and sales prices in ERP system
Reconcile payments to sales transactions using Recon Tool, as needed
Monitor shipment quantities to payment quantities
Utilize tools to analyze transactions and make improvements where necessary
Manage component material, freight, supply chain, and value-added services adjustments
Facilitate all retro price adjustment processing for suppliers and customers
Provide price update support to purchasing and materials
Understand all ERP setups related to inventory and Global Tax Management, i.e., Item master maintenance, Sales & PO Orders, inventory costing, ASN’s, Material Shipment Receipts, etc
Setup, train, and troubleshoot for ERS (Evaluated Receipt Settlement) system
Support Finance, Commercial, Materials, and Supply Chain requests regarding inventory, freight, invoicing, etc. activities
Recommend and implement cost savings measures to streamline processes
Organize and participate in special projects as needed
Qualification
Preferred
Bachelor's degree (in Accounting/Finance preferred)
Minimum five years of prior accounting experience in a manufacturing environment, emphasis in cost accounting
Strong knowledge of ERP (QAD) applications, primarily Financial and Material modules
Advanced computer skills with Microsoft Office, especially Excel
Proven analytical, root cause and critical thinking skills, including ability to successfully perform independent, in-depth analysis and generate concise conclusions
Strong organizational skills with high attention to detail and quality
Ability to work in a fast paced, dynamic environment with competing priorities and demanding project deadlines
Strong written, verbal and interpersonal communication skills
Ability to manage multiple projects at one time and communicate issues/solutions timely and concisely
Demonstrate integrity and confidentiality
Strong people skills, including the ability to interact effectively with all levels of the organization
Goals oriented and works well both independently and in a team environment
Natural instinct to look for more efficient ways to do things and eliminate waste in our processes
Benefits
Blue Cross Blue Shield Medical
Delta Dental
VSP Vision
401k Matching
Tuition Reimbursement
Paid Time Off
Employee Assistance Program
Additional Competitive Benefits
Company
Avancez LLC
Avancez: Advance; Progress; Move Forward.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2025-03-05Acquired
Recent News
2026-01-06
Company data provided by crunchbase