Cost Accountant

Manufacturing industry experience preferred.

Kinefac Corporation is a world leader in metal forming technology. Based in Worcester, MA, the company is an award-winning, innovative manufacturer that engineers, assembles and sells machinery to a global market and has sales offices in Shanghai, China and Chennai, India.

Our growing, 60-year-old company seeks a detail-oriented team player with 5+ years of cost accounting experience, ideally in a manufacturing environment, to manage cost accounting, inventory and financial reporting, in addition to supporting parts of the IT function of the company. Reporting to the Director of Finance and Administration, responsibilities include:

Cost Accounting

  • Maintain company-wide job cost accounting and time management systems: Oversee the custom accounting and job cost shop floor system, plan and recommend improvements coordinating upgrades with software representatives, as needed.
  • Execute absorption cost reporting process: Process job cost transfers, maintain accurate work in process, inventory and cost of sales reporting. Establish and maintain labor overhead rates and inventory costs.
  • Manage period-end and quarterly processes: Perform period-end close for accounting system, prepare reconciliations to ensure accuracy, maintain coordination between accounting system and cost accounting system, and ensure the timely completion of monthly account reconciliations
  • Coordinate year-end audit requirement: Lead the annual physical inventory, revaluation, and year-end reporting for audit purposes.
  • Develop and communicate procedures: Establish and communicate accounting procedures and results for sales and production teams to allow evaluation of division and machine profitability
  • Create reports for management and owners: Track and report on bookings, shipments, production, and projected results for all divisions. Create ad hoc analyses as requested by supervisor and owners.

IT Administration

  • Provide IT support and system maintenance: Manage internal IT support for email, phones and Microsoft 365, escalating complex issues to external IT consultants or engineering staff.
  • Act as System Administrator: Manage onsite and virtual servers, company computers, switches, routers, and network security (Spam, Virus, and Firewall filters). Coordinate server upgrades, maintenance, and procurement of new equipment. Manage IT service contracts with external providers and plan IT budgets.

Qualifications:

  • Bachelor’s degree in accounting, finance, or related field
  • 5+ years of cost accounting experience, including absorption costing experience
  • Related experience in a manufacturing environment preferred
  • Strong attention to detail with excellent, oral and written communication, organizational, multi-tasking, prioritization and people skills
  • Microsoft Office, SharePoint and time management software proficiency required
  • Familiarity with Accountmate is a plus

Kinefac Corporation offers a comprehensive benefits package, including medical and dental insurance, worker’s compensation, short and long-term disability insurance, life insurance, tuition reimbursement program, 401(k) tax deferral plan and bonus plan, and a family-owned and oriented, professional, and collaborative work environment.This is an on-site position at our state-of-the-art manufacturing facility in Worcester, MA.

If you are seeking an excellent opportunity with an award-winning family-owned global manufacturer, please submit your resume.

Kinefac Corporation is an Equal Opportunity Employer.
Candidates must be authorized to work in the US without sponsorship.

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