Accountant I - Cost

SUMMARY

Responsible for accurate recording, reporting, reconciliation and analysis of the Machine Tools Division revenue, costs, new orders, and backlog. Create top level BOM for machines. Invoice all MTD shipments on a timely basis. Liaison between project managers and Accounting Department. Prepare Parent Company Intercompany Billing of expenses.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Reconcile and record costs at time of order through time of shipment.

• Close Machine Orders. Monitor and resolve aging MOs.

• Create, reconcile and distribute data for backorders and shipments.

• Interpret and review contract orders and prepare milestone billings to customers.

• Analyze variances to determine monthly sales cost for Machine Tools Division through comparison of cost projections on Margin sheet to actual costs incurred from parent company and third-party suppliers.

• Record and reconcile warranty/installation actuals and accruals.

• Analyze and recommend cost estimates for lower of cost or market, freight, and warranty.

• Prepare Intercompany billing of expenses to parent and sister companies.

• Collaborate with MTD Operations Group to ensure accurate and timely order fulfillment and billing.

• Process Service invoices for installation

• Other misc. billing, as required.

• Manage, Coordinate and Drive Cycle Count Program and Consignment Inventory Counts to ensure inventory accuracy.

• Prepare and Distribute Inventory Data and Graphs

• Reconcile Inventory, LOCM and other general ledger accounts.

• Identify and assist with resolving all accounting discrepancies.

• Create and enter journal entries during month-end closing.

• Manage Service Contract Revenue

• Act as liaison between project managers and Accounting Department, maintaining budget forecast for complex orders.

• Support financial analysis efforts of other divisions as necessary.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Medium to Expert level of knowledge and experience in Microsoft Office Excel and Word.

• Experience in Report Righting software

• Dynamics Great Plains Software experience desired.

• High level of personal initiative and communication skills

EDUCATION and/or EXPERIENCE

Bachelors degree (B.S.) in Accounting and 3-5 years experience and/or training in cost and/or general accounting. Experience in manufacturing is required.

Equal Opportunity Employer, including Veterans and Individuals with Disabilities