Cost Accountant

1 Year ago • 1 Years + • Account Management

Job Summary

Job Description

The Cost Accountant is responsible for compiling and reporting key performance indicators, reviewing and reconciling inventory, and performing variance analysis on labor, usage, and overhead expenses. This role also involves participating in annual plant budget development and maintaining the standard cost system. Key responsibilities include standard cost roll-ups for new products, reviewing accounting principles for revenue recognition, conducting annual physical inventories, and work order review. The accountant will also streamline systems and reporting tools, participate in system upgrades, and assist in month-end and quarter-end close processes, including journal entries and account reconciliations.
Must have:
  • 1+ years of Cost Accounting and GL experience
  • Oracle ERP experience in manufacturing
  • Advanced Excel experience
  • Strong analytical and organizational skills
  • Excellent presentation and influencing skills
Good to have:
  • Experience in a manufacturing environment
  • Ability to manage complexity across functions
  • Experience in a large, public company
Perks:
  • Competitive wages
  • Great benefits
  • Employee discounts
  • Medical, Dental, Vision insurance
  • Health Spending and Dependent Care Savings Accounts
  • Disability and Life Insurance
  • 401k plan with employer matching

Job Details

What We Do

FOX Factory designs, engineers, manufactures and markets performance-defining products and systems for customers worldwide. Our premium brand, performance-defining products and systems are used primarily on bicycles, side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. Some of our products are specifically designed for and marketed to a variety of leading cycling and powered vehicle original equipment manufacturers ("OEMs"), while others are distributed to consumers through a global dealer and distribution network. Fox Factory Holding Corp. is the holding company of FOX Factory, Inc. and is publicly traded (FOXF) on Nasdaq. 

Why you should join us

Not only do we provide competitive wages, you will also have access to great benefits and employee

discounts. But more importantly, it’s a fun environment where we truly enjoy working as a team and

bringing great products to our customers!

If this sounds like something you would love to do, and a place you want to be a part of, get in touch

with us by submitting your application. We look forward to hearing from you!

Position Summary:

Responsible for daily, weekly, and monthly compilation and reporting of key performance indicators. Performs daily review of inventory and weekly and monthly inventory reconciliations. Also performs variance analysis of labor, usage variances and overhead expenses. Participates in the development of annual plant budgets and assist in the maintenance of the standard cost system. Supports the maintenance of standard costs (ECN’s) in Oracle ERP system is an integral part of this role. 

Position Responsibilities:

  • Standard cost roll up for Engineering Change Notifications (ECN’s) of new product introduced 
  • Reviews and analyzes the appropriateness and reasonableness of underlying accounting principles that support revenue recognition 
  • Annual physical inventory 
  • Work order review and closure 
  • Streamline systems and reporting tools to ensure efficient and accurate recording and proper classification of revenue 
  • Participates in systems upgrades and enhancements as necessary 
  • Participates in the month- and quarter- end close process and related responsibilities for the accounting department 
  • Prepares journal entries and maintains account reconciliations consistent with GAAP and corporate accounting policies to ensure close timelines are met 
  • Establishes controls necessary to ensure that revenue forecasts, deferred revenue balances and revenue accounting execution are compliant with SOX, company policy and GAAP 
  • Prepares and maintains reports / schedules for senior management, prepare schedules requested by internal customers 

Specific Knowledge, Skills or Abilities Required:

·       Advanced Excel experience required 

  • Able to clearly articulate results, variances and demonstrate an understanding of root cause to management 

·       Ability to manage complexity well and demonstrated experience managing across functions and businesses to accomplish large scale goals in a large, public company environment 

·       Confidence, good judgment, energy and personality to work in a dynamic, multi-business unit environment across all levels of management and across business units and functions 

·       Strong end-to-end process orientation with demonstrated analytical thinking, organizational skills and problem-solving skills 

·       Continuously improve work procedures and processes, including documentation, process mapping and efficiency  

·       Excellent analytical and organizational skills, time prioritization and risk assessment 

·       Excellent  presentation and influencing skills, including the ability to raise issues appropriately to the right level internally and externally to resolve 

Position Qualifications:

Education:

Bachelor’s degree in accounting or finance or related area of study

Experience: 

1+ years of Cost Accounting and GL experience (preferably in a manufacturing environment)

Oracle ERP experience, specifically using the manufacturing model is required

Work Environment and Physical Requirements:

Office Environment

Ability to sit for long periods of time

Vision abilities required to validate and enter data on computer

Disclaimer:  This list does not represent all physical demands.  Descriptions are representative of those that must be met by employee to successfully perform the essential functions of the job.  Reasonable accommodation may be provided to enable individuals with disabilities to perform the jobs’ essential functions. 

Note:  

FOX provides equal employment opportunities for all employees and applicants for employment without regard to race, color, ancestry, national origin, gender, gender identity, sexual orientation, marital status, religion, age, physical disability (including HIV and AIDS), mental disability, results of genetic testing, or service in the military, or any other characteristic protected by the laws or regulations of any jurisdiction in which we operate.  We base all employment decisions – including recruitment, selection, training, compensation, benefits, discipline, promotions, transfers, layoffs, terminations and social/recreational programs – on merit and the principles of equal employment opportunity. 

Fox offers an excellent compensation package and wide-ranging opportunities for professional development.  Medical, Dental, Vision, Health Spending and Dependent Care Savings Accounts, Disability and Life Insurance benefit programs are available, as is a 401k plan with employer matching.  Eligibility for all benefit programs is defined by the applicable plan document or employee handbook. 

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