Cost Accountant

• Responsible for cost accounting, including the preparation of statistical data and financial reports concerning standard cost build-up and variance analysis, inventory accounting and fixed asset controls and cost accounting. • Run Risk Strategist Model for customer RFQ and business case study, including cost estimates for price negotiation with customers in case customer requests AIF or small changes in products. KEY PERFORMANCE Preparation the timeliness and accuracy of all reporting requirements (according to BorgWarner policies and Local generally accepted accounting principles - THGAAP), Financial leadership in all quoting, cost estimating, resource allocation analysis, and appropriate request Preparation with accounting personnel engaged in accounts receivable, accounts payable and general accounting Maintaining effective internal controls Assist Finance Controller to provide a business case study upon management request Preparations Month-end and year-end requirements including but not limited to accurate and timely closings. Preparations that all accounts are in balance and correct according to GAAP in SAP. Efficient fixed asset control. ESSENTIAL FUNCTIONS Cost Accounting Responsible to assure month-end inventory is properly recorded Prepare account reconciliations and process resulting paperwork Develop manufacturing cost standards annually Update process narratives and procedures as changes occur Monitor inventory reporting and associated costs Monitor the manufacturing process and associated costs Participate in process improvement teams Document cost reduction report and create overview and supplementary reports Evaluate/implement ideas for continuous improvement Fixed asset control and accounting treatment Responsible for annual physical inventory and any interim physicals conducted Cost Estimation Cost estimate for Customer RFQs Risk Strategist for Appropriation Request Post completion review of new programs and variance analysis, post SOP Transfer/Selling Price Estimate for small engineering change, sourcing change including any cost impact analysis Internal Control Assist Finance Controller to maintain and continue develop internal control environment, including documenting and evaluating the effectiveness of the segregation of duties as well as the effectiveness of the financial reporting structure including the chart of accounts, sub-ledger postings to the general ledger under SAP environment and uploads of the general ledger to Hyperion (general ledger consolidation software). Assure compliance with corporate policies and applicable laws (Sarbanes Oxley and GAAP) - Internal Use Only: Salary Global Terms of Use and Privacy Statement Carefully read the BorgWarner Privacy Policy before using this website. Your ability to access and use this website and apply for a job at BorgWarner are conditioned on your acceptance and compliance with these terms. Please access the linked document by clicking here , select the geographical area where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the terms. Career Scam Disclaimer: BorgWarner makes no representations or guarantees regarding employment opportunities listed on any third-party website. To protect against career scams, job applicants should take the necessary precautions when interviewing for and accepting employment positions allegedly offered by BorgWarner. Applicants should never provide their national ID numbers, birth dates, credit card numbers, bank account information or other private information when communicating with prospective employers or responding to employment opportunities online. Job applicants are invited to contact BorgWarner through BorgWarner’s website to verify the authenticity of any employment opportunities.