Oberg Industries is a leader in precision contract manufacturing, specializing in the production of high-precision, metal components, tooling, and assemblies for a wide range of industries, including aerospace, automotive, and medical.
Oberg Industries, Freeport, PA facility is seeking a detail-oriented and experienced Cost Accountant to join our finance team. This role plays a critical part in driving financial efficiency, accuracy, and strategic decision-making across the organization. Ready to join our team and take your accounting career to the next level….Apply now!

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.

• Investigate and process all inventory adjustments in collaboration with operations personnel.
• Prepare and analyze monthly Absorption Reconciliation to determine standard rate effectiveness.
• Evaluation of item standard costs via analysis of variances.
• Review of Schedules of Operating Expenses to identify changes in cost structure and timing variances.
• Work directly with operations personnel on relevant training/education pertaining to cost accounting system.
• Help define accurate standard cost rates in collaboration with finance and operations team.
• Reconciliation of detailed inventory sub-ledgers to the general ledger on a monthly basis.
• Calculate and record monthly Work-in-Process (WIP) accrual for PCS projects and production orders.
• Analyze Lot Variance and Production Result general ledger account transactions monthly.
• Maintain and update monthly inventory trend reports by division.
• Conduct monthly margin report analysis with divisional exception reporting.
• Assist the Controller in designing ERP mapping schemes for accurate inventory transaction flow.
• Evaluate adequacy of the slow-moving inventory reserve as of; April, August, and December.
• Monitor and report on fixed & variable cost trends periodically by division.
• Serve as a primary liaison for external auditors for the annual physical inventories.
• Identify and communicate internal control weaknesses in the inventory process to the Controller to support corrective actions.
• Implement business intelligence tools to enhance efficiency and data accuracy (i.e. Power BI, Prophix, etc).
• Assist in yearly budgeting to help drive financial planning.
• Other related duties as assigned.

QUALIFICATIONS:

• Proficient in Microsoft Office Suite (Excel, Outlook, Word) and ERP Systems such as LN, SAP, or Oracle.
• Strong communication skills, both written and verbal, with the ability to convey information clearly across various channels.
• Able to comprehend and respond to written documentation and instructions effectively.
• Familiarity with manufacturing environments and industry practices.
• Demonstrate ability to collaborate effectively with both internal teams and external stakeholders.
• Willing and able to travel domestically and internationally as business needs require.
• Must be a U.S. citizen or be able to comply with U.S. export regulations.
• Ability to wear personal protection equipment, such as earplugs, safety glasses, and safety shoes.

PREVIOUS EXPERIENCE / EDUCATIONAL QUALIFICATIONS:

• Bachelor’s degree in Accounting required.
• 5-7 years of experience working in a manufacturing industry, or related field preferred.
• ERP/MRP system experience preferred.
  WORK ENVIRONMENT: While performing the duties of this job, the employee will regularly have to travel through the manufacturing departments. The atmosphere is a climatic office setting, and the employee will spend the majority of his/her time sitting at a computer terminal. At Oberg Industries, we believe in fostering a collaborative on-site work environment. Accordingly, employees are expected to be on-site in order to perform their job.

• Investigate and process all inventory adjustments in collaboration with operations personnel.
• Prepare and analyze monthly Absorption Reconciliation to determine standard rate effectiveness.
• Evaluation of item standard costs via analysis of variances.
• Review of Schedules of Operating Expenses to identify changes in cost structure and timing variances.
• Work directly with operations personnel on relevant training/education pertaining to cost accounting system.
• Help define accurate standard cost rates in collaboration with finance and operations team.
• Reconciliation of detailed inventory sub-ledgers to the general ledger on a monthly basis.
• Calculate and record monthly Work-in-Process (WIP) accrual for PCS projects and production orders.
• Analyze Lot Variance and Production Result general ledger account transactions monthly.
• Maintain and update monthly inventory trend reports by division.
• Conduct monthly margin report analysis with divisional exception reporting.
• Assist the Controller in designing ERP mapping schemes for accurate inventory transaction flow.
• Evaluate adequacy of the slow-moving inventory reserve as of; April, August, and December.
• Monitor and report on fixed & variable cost trends periodically by division.
• Serve as a primary liaison for external auditors for the annual physical inventories.
• Identify and communicate internal control weaknesses in the inventory process to the Controller to support corrective actions.
• Implement business intelligence tools to enhance efficiency and data accuracy (i.e. Power BI, Prophix, etc).
• Assist in yearly budgeting to help drive financial planning.
• Other related duties as assigned