ACCOUNTANT I - COST

## Description

**SUMMARY**

Responsible for accurate recording, reporting, reconciliation and analysis of the Machine Tools Division revenue, costs, new orders, and backlog. Create top level BOM for machines. Invoice all MTD shipments on a timely basis. Liaison between project managers and Accounting Department. Prepare Parent Company Intercompany Billing of expenses.

**ESSENTIAL DUTIES AND RESPONSIBILITIES** include the following. Other duties may be assigned.

• Reconcile and record costs at time of order through time of shipment.
• Close Machine Orders. Monitor and resolve aging MOs.
• Create, reconcile and distribute data for backorders and shipments.
• Interpret and review contract orders and prepare milestone billings to customers.
• Analyze variances to determine monthly sales cost for Machine Tools Division through comparison of cost projections on Margin sheet to actual costs incurred from parent company and third-party suppliers.
• Record and reconcile warranty/installation actuals and accruals.
• Analyze and recommend cost estimates for lower of cost or market, freight, and warranty.
• Prepare Intercompany billing of expenses to parent and sister companies.
• Collaborate with MTD Operations Group to ensure accurate and timely order fulfillment and billing.
• Process Service invoices for installation
• Other misc. billing, as required.
• Manage, Coordinate and Drive Cycle Count Program and Consignment Inventory Counts to ensure inventory accuracy.
• Prepare and Distribute Inventory Data and Graphs
• Reconcile Inventory, LOCM and other general ledger accounts.
• Identify and assist with resolving all accounting discrepancies.
• Create and enter journal entries during month-end closing.
• Manage Service Contract Revenue
• Act as liaison between project managers and Accounting Department, maintaining budget forecast for complex orders.
• Support financial analysis efforts of other divisions as necessary.

## Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Medium to Expert level of knowledge and experience in Microsoft Office Excel and Word.
• Experience in Report Righting software
• Dynamics Great Plains Software experience desired.
• High level of personal initiative and communication skills

• **EDUCATION and/or EXPERIENCE**
• Bachelors degree (B.S.) in Accounting and 3-5 years experience and/or training in cost and/or general accounting. Experience in manufacturing is required.
• Equal Opportunity Employer, including Veterans and Individuals with Disabilities