Senior Cost & Inventory Accountant, North America

Job Summary

Job Description

Job Accountabilities:

• Work with other Cost & Inventory Accounting team members to assist in and drive improving the Cost & Inventory Accounting processes.

• Perform daily operations of the local/regional and global (central) Cost & Inventory Accounting, from standard cost setting to monthly variance analyses and reporting, month-end activities, inventory valuation, and cost reporting.

This includes:

• Adhere to the annual and monthly standard costing process for calculation, review, and update of standard costs.
• Adhere to global Cost & Inventory Accounting policies and procedures to establish a consistent approach for Cost & Inventory Accounting processes.
• Communicate with finance and supply chain stakeholders for raw material prices, landed cost data, production (master) data and questions related to cost variances and cost reporting.
• Handle costing issues that need resolution in an independent manner
• Reporting of product costs, cost variances and inventory valuation per SOX control and business control requirements
• Analyze and prepare monthly cost variance reporting for the analysis of purchase price and manufacturing variances.
• Prepare journal entries.
• Perform month-end and year-end cost & inventory accounting activities, including ensuring financial accuracy of postings and COGS object accounts and performing necessary account reconciliations.
• Support both internal and external audit teams by providing requested documents and approvals.

• Follow and communicate policies and procedures to establish a consistent approach across the organization for cost and inventory accounting processes.
• Provide support for transformation activities for the improvement of Cost & Inventory Accounting processes.

• Adhere to a culture of continuous improvement, automation, digitization, adherence, and proactively propose enhancement to Global Standards.

• Ensure application of the global process, governed by a set of clearly defined controls.
• Act as point of contact for operational Cost & Inventory Accounting for other finance and business stakeholders.

About Us

At Quaker Houghton, we are experts in the development, production and application of industrial process fluids, lubricants and coatings for the manufacturing industry. We have been an integral part in the growth of the world’s largest industrial and manufacturing companies from aerospace and automotive to primary metal and energy. Today, we have a global presence, with our corporate headquarters located in Conshohocken, PA. Quaker Houghton is a global publicly traded company with a unique collaborative culture that supports career growth for its associates and offers competitive compensation and benefit programs.

What's in it for you

• Hybrid work environment

• Competitive pay programs with excellent career growth trajectory

• Paid time off for volunteerism

• Dress for your day; how you dress is determined by what your day may bring

• Opportunity to participate in comprehensive benefit options including: Medical, Dental, Vision, Parental Leave, Holiday Pay, Paid Time Off, Tuition Reimbursement, and Savings Plan

• Work for a global leader in the industrial process fluids industry

Quaker Houghton provides equal employment opportunity for all qualified candidates. Quaker Houghton does not discriminate against any candidate for employment based on race, color, religion, sex, gender, gender identity or expression, affectional or sexual orientation, pregnancy, age, creed, ancestry, national origin, citizenship, marital or domestic partnership or civil union status, veteran’s status, physical/mental disability, genetic information, or any other category protected by U.S federal, state, and/or local employment law. Furthermore, Quaker Houghton is committed to providing reasonable accommodations to qualified candidates with physical and/or mental disabilities.