ASSA ABLOY Group · 8 hours ago
Accountant, Cost
Carrollton, TX
Part-time
Onsite
Senior Level
5+ years expASSA ABLOY Group is a global leader in access solutions, helping billions of people experience a more open world. They are seeking a Cost Accountant responsible for supporting cost accounting practices, enhancing financial accuracy, and developing manufacturing cost systems. The role involves analyzing costs, assisting in budget development, and implementing cost control measures while ensuring accurate product costing and inventory valuation.
BiometricsConsumer ElectronicsElectronicsFurnitureHomeland SecurityManufacturingPublic SafetySecurityService IndustrySmart Home
Responsibilities
Lead Cost Accounting activities
Maintain cost accounting system that ensures accurate costing including supporting the maintenance of cost accounting policies and procedures
Perform cost-benefit analyses for various projects and initiatives to determine financial viability and impact
Understand and monitor facility work center costs to ensure continuous improvement and accuracy in the 4Front quote model
Assist in the creation of business plans, financial models, and other analyses related to new business initiatives
Work on developing cost forecasts and projections to support strategic planning and decision-making processes
Establish benchmarks for various business processes and then compare them against actual costs to identify and explain variances
Utilize historical data and cost analysis to help predict future costs and revenue, supporting budgeting and financial planning
Lead Material and Product costing activities
Calculate and update standard costs and the standard cost sheet (Direct Materials, Parts, Products) and ensure accuracy in the Bill of Materials (BOMs)
Lead the Cost Roll process working with procurement, materials management, and plant accounting to update standard costs annually
Study and collect data to determine costs of business activities such as raw material purchases and inventory
Collaborate with supply chain and procurement teams to manage and optimize costs related to materials and suppliers
Lead the update and maintenance of product costing modules in the ERP including the development of required reports
Contribute to the development of accurate cost estimates for new/proposed products and product changes to support pricing decisions
Provide cost review and ERP system cost rollup for new products
Develop keen understanding of the ERP system product costing including standard cost routing and bills-of-material
Work collaboratively with the Operations, Sales, and Engineering teams to understand and analyze product costs
Lead Labor, Overhead, and Production Operating costing activities
Study, calculate, and update standard costs and the standard cost sheet for Labor, Overhead, and Production Operating activities
Track and evaluate all expenses related to operations, such as production, labor, shipping, and administration
Assist in the analysis of manufacturing processes to identify opportunities for efficiency improvement, cost reduction, and increased profitability
Assist management with interpretation of production performance including ERP data extraction as necessary
Monitor transactions pertaining to the production of parts. Ensure those transactions (i.e., DMR transactions, cycle-count adjustments, etc.) are accurately captured within internal reporting and general ledger
Lead the completion of time and motion studies to accurately determine the cost of labor and improve labor cost optimization and productivity
Conduct verifications of changes in price and cost
Validate and control material price changes
Develop process to ensure customer pricing changes occur as appropriate to material price changes
Work with Sales to develop a procedure to audit monthly customer invoiced prices
Support preparation and administration of annual plant budgets
Update ERP system for annual budget standard costs
Assist in budget development for plant sales, costs, and departmental expenses. This includes target setting, target management, discussions with department heads and loading results into consolidations systems
Develop (in conjunction with IT) new systems as needed for tracking expenses and comparing them to expected results
Support department heads in analysis of departmental variances to approved budgets
Prepare and monitor periodic reporting and analyses to support accuracy in financial reporting
Generate detailed cost reports and analyze them to ensure accuracy and compliance with established accounting standards
Prepare timely and accurate weekly, monthly, and quarterly reports of inventory, costs of goods sold, Purchase Price Variance, Part Margin analysis, Material Check Program Reconciliation including the revaluation of inventory related to surcharges and exchange rate fluctuations, and other financial data
Verify accuracy in operational reports related to inventory costing accuracy and KPIs
Prepare, analyze, and report monthly gross margin analysis by customer, part number, and production jobs
Analyze changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
Analyze actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs
Analyze spending and assist in variance analysis for manufacturing environment, including materials, labor, and overhead
Provide management with reports specifying and comparing factors affecting prices and profitability of products or services
Lead or actively participate in continuous improvement efforts which include quarterly profit margin analysis
Develop, improve, and/or maintain a variety of financial models that facilitate the analysis of financial data. Such frameworks include but are not limited to: Machine Rates, Activity-Based Quoting
Prepare detailed reports on cost structures, performance against budgets, and present findings and recommendations to management and other stakeholders
Support related manufacturing accounting and finance activities
Assist with the annual physical inventory process
Responsible for account reconciliation of physical inventories and cycle counts
Prepare periodic inventory reserves and material resale program reconciliation, analyzing inventory for risk, and monitoring with support from internal stakeholders
Monitor the cycle count program via weekly cycle count audits to improve inventory accuracy
Prepare periodic Scrap Variance Reports to submit to the Corporate Controller for consolidation
Monitor scrap credit agreements and verify accuracy for accruals
Maintain tooling inventory, costing, and billings. Perform profitability analysis on same
Assist in month-end and year-end closing of the General Ledger by analyzing inventory and preparing supplemental reports as needed
Support the external audit process. Communicate and provide support to external auditors for completion of quarterly reviews and annual audit
Assist with documentation needed for R&D credits
Qualification
Required
Bachelor's Degree in Accounting, Finance, Business or related discipline
5+ years of work experience in general accounting and/or cost accounting functions
3-5 years of cost accounting experience in a manufacturing environment
Experience working with engineering and manufacturing personnel on development and analysis of cost standards
Exposure/experience related to property accounting
Computer proficiency including word processing, data entry, spreadsheets, and generating reports using standard software applications
Experience in manipulating large databases a plus
Significant hands-on experience using an integrated ERP system
Excellent attention to detail
Highly proficient in financial modeling
Ability to create advanced reports in Excel
Working knowledge of budget development
Strong critical thinking and decision making skills
Strong math skills and above average analysis capability
Must be a team player who also works well independently
Strong analytical, administrative, and problem-solving skills
Willingness to be out in the plants partnering with operations
Thorough understanding of company product and manufacturing processes
Understanding of U.S. GAAP as it applies to a manufacturing environment
Solid understanding of manufacturing operations, inventory, and cost accounting
Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports
Excellent organizational skills and ability to multi-task in a changing environment
Demonstrated ability to adhere to time-sensitive due dates for various reporting needs
Must be able to analyze data, draw conclusions, interpret results, and make recommendations
Listen well, ask relevant questions, and give and receive clear and understandable instructions
Advanced understanding and working knowledge of basic accounting principles and procedures
Ability to compile, analyze, interpret and present financial reports, statements, and/or projections
Ability to work with and support the Corporate Controller in completion of their day-to-day activities
Must be self-motivated, goal oriented, quality-driven, and capable of working with minimum supervision
Demonstrated ability to contribute to financial discussions and address company needs in a proactive manner
Must demonstrate commitment, innovation, perseverance, professionalism, self-discipline, and teamwork skills
Ability to prioritize multiple tasks, work effectively within time constraints and deadlines, and maintain composure
Must possess integrity and be able to manage confidential information with the utmost care, security, and discretion
Proficiency in general accounting functions including monthly, quarterly, year-end closing, budgeting, and forecasts
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
Excellence in interpersonal and communication skills, including writing and making effective presentations to internal and external top management officials
Ability to travel up to 25% of the time to field locations
Requires a valid motor vehicle operator's license and the ability to operate a motor vehicle while carefully observing all traffic rules and regulations
Requires the ability to use a variety of office/production related equipment such as a telephone and photocopier
Work beyond the traditional 40 hours per week may be required as workload or projects dictate, including weekends and holidays
Preferred
A recognized Accounting/Finance designation (CPA, CGA, CMA) is preferred
Advanced/Intermediate skill level with Microsoft Office Suite; Word, Excel, Project, and PowerPoint preferred
Company
ASSA ABLOY Group
ASSA ABLOY Group is a door opening solutions, dedicated to satisfying end-user needs for security, safety, and convenience. It is a sub-organization of ASSA ABLOY Group.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
$0.01MKey Investors
Callaghan Innovation
2020-10-09Grant· $0.01M
Leadership Team
Eva Karlsson
Vice President Business Area Air Handling Cooling & Heating
John McGuire
Vice President of Corporate Development - Yale & August Home
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2025-12-05
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