Senior Cost Accountant at Boyd Corporation

Posted in Other 8 days ago.

Location: Laconia, New Hampshire





Job Description:

Boyd Corporation is a market-leading designer and manufacturer of highly engineered, specialty material-based thermal management and environmental sealing solutions for the mobile computing, consumer and enterprise electronics, aerospace, transportation, industrial, medical, agriculture and construction industries.



Boyd has a long history of strong organic and acquisition growth, having grown at a 20%+ CAGR since 2008 to $1.0 Billion in 2021 revenue. In September 2018, Boyd was acquired by Goldman Sachs' Merchant Banking (PE) Division. We believe the partnership with GS will help accelerate our growth to $2-$3 Billion in revenue over the next few years. Our geographical footprint is comprised of 28 manufacturing, design and administrative facilities, 15 in North America, 10 in Asia, and 3 in Europe.



ROLE SUMMARY


The Senior Cost Accountant directs activities of product costing, product manufacturing analysis, inventory valuation, and the monthly close. The position provides recommendations to senior management in support of the achievement of company goals. Position reports to the Plant Controller and will be located in our Laconia, NH facility.


ROLE RESPONSIBILITIES



  • Perform month end close activities related to Cost Accounting.

  • Analyze actual vs. plan (budget) analysis. Prepare various financial analysis related to manufacturing costs, inventory, and expense information for various customers as needed for decision making support.

  • Maintain new raw material standard costs, work center labor and overhead rates, and maintain periodic cost rolls/updates.

  • Analyze purchase price and manufacturing variances and drive explanations for those variances with the goal of modifying standard costs should the need become necessary.

  • Prepares estimates of new and proposed product or service costs.

  • Work with operations staff to improve processes and controls associated with manufacturing costs and inventory valuation.

  • Lead and manage the quarterly excess and obsolete inventory review process.

  • Ensure validity and accuracy of ERP through analysis, internal audit, and coordination with inventory control, production and work order processing.

  • Assist Plant Controller with the development of the annual budget. Derive planned labor and overhead rates from that budget.

  • Assist in developing and documenting policies and procedures, including system requirements and internal controls.

  • Represent Finance/Accounting on teams designed to improve operations, reduce costs, etc.