Position Summary:

Responsible for Cost Accounting and Budgeting.  Focus is on Inventory, Standard Costs, Manufacturing, Intercompany Purchases and department budgets.

Essential Duties and Responsibilities:

• Assists in developing and maintaining standard costs for all inventory items; performs new item cost roll-ups, ensuring accurate bills of materials and work center rates.
• Maintains accurate inventory records and participates in semi-annual physical inventories.
• Performs monthly inventory reconciliation of general ledger to JDE Cardex detail.
• Performs monthly in-transit inventory reconciliation for products coming from Japan and China.
• Provides management with spending, scrap and variance analysis (materials, labor and overhead).
• Participates in annual budgeting process and monthly actual to budget spending report to department managers.
• Creates journal entries, including recurring and reversing entries related to intercompany transactions and balance confirmation.
• Performs work order manufacturing and variance accounting transaction throughout the month, and particularly at month-end to ensure accurate cutoff of transactions into the JDE general ledger.
• Assists in month-end closing process as needed including transmission of all financial transaction to NTNUSA for consolidation purposes and completion of the STRAVIS reporting package to NTN Japan.
• Completes monthly account reconciliations as assigned and general ledger analysis including intercompany balancing.
• Assists in preparation of financial reporting packages for internal and corporate managers.
• Prepares audit support for E&Y as assigned by Controller.
• Other duties as assigned.