The Cost & Inventory Accountant will be responsible for analyzing cost expenditures and purchases within the organization. The Cost & Inventory Accountant will review existing purchases, record data, recommend new cost-efficient and financially feasible cost options.

General Responsibilities                                                  

• Develop and maintain cost accounting system, documentation, and records
• Analyzes changes in product design, raw materials, manufacturing methods, or services
provided, to determine effects on costs. 
• Review costs for all external inventory, labor, and material purchases
• Performs month end close activities related to Cost Accounting
• Analyze and recommend costs and cost savings
• Collect and compile purchasing data for analysis
• Prepare and complete internal cost audits
• Review and document inventory and material purchases
• Present cost estimates and budgets for new purchases
• Accurate record and update existing and new purchased materials and goods
• Compile documentation on standard costs and company production costs
• Forecasts and plans future purchasing costs according to fiscal needs
• Identify and recommend cost-effective solutions
 

Experience / Qualifications
•A university degree and 4-6 years of experience (i.e. Bachelors degree) or a graduate degree and 2-4 years of experience (i.e. Masters degree) or a higher level degree and 0-2 years of experience (i.e. Doctorate degree)
• Must be a team player able to work in a fast-paced environment with demonstrated ability to handle multiple competing tasks and demands
• Strong communication skills; oral, written and presentation
• Strong organization, planning and time management skills to achieve results
• Strong personal and professional ethical values and integrity
• Holds self-accountable to achieving goals and standards 
• Proficient in Microsoft Office programs (Outlook, Word, PowerPoint, and Excel)
• Strong interpersonal & collaboration skills to work effectively with all levels of the organization including suppliers and/or external customers

• Reviews standard and actual costs for inaccuracies.
• Records cost information for use in controlling expenditures.
• Organizes the preparation and analysis of costs, compiles data, prepares and emits statistical reports for the comparison of costs and determination of profitability by product and client.
• Prepares journal entries; maintains and reconciles ledger accounts.
• Helps prepare financial statements and variance reports as requested. May do analysis and prepare other special reports.

SmarterTogether

• Collaborating at Sensata means working with some of the world’s most talented people in an enriching environment that is constantly pushing towards the next best thing

• Employees work across functions, countries and cultures gaining new perspectives through mutual respect and open communication

•  As OneSensata, we are working together to make things work together 

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