Careers at ULB

Position: Cost Accountant

Duties

• Examine, analyze, and interpret manufacturing accountant records to prepare and maintain financial records including ledgers, journals, and balance sheets.
• Oversee accounts payable and receivable to ensure timely payments and invoicing are being done.
• Reconcile bank statements to match bank statements with company records to identify discrepancies.
• Handle general ledger entries ensuring all financial transactions are accurately recorded.
• Generate monthly financial reports such as income statements, cash flow statements, and profit and loss reports.
• Assist with budgeting and forecasting by analyzing trends and helping develop financial plans.
• Ensure tax compliance by working with outside CPA firm to prepare tax returns, assisting in audits, and ensuring adherence to local and federal regulations.
• Support internal and external audits by providing necessary documentation and responding to queries.
• Monitor and detect any anomalies and report inconsistencies.
• Track and analyze direct materials, direct labor, and manufacturing overhead.
• Calculate cost of goods manufactured (COGM) and cost of goods sold (COGS).
• Perform standard cost vs actual cost analysis to identify variances.
• Inventory management monitor raw materials, work-in-progress (WIP), and finished goods.
• Reconcile inventory records with physical counts.
• Ensure accurate valuation of inventory using methods like First-In, First-Out, Last-In, First-Out, or weighted average.
• Report to CFO.

Minimum Qualifications

Education: Bachelor’s* – Accounting, Finance, or a related technical field of study.

Experience: Five* (5) years in the position above, or in a related accounting role in the manufacturing industry.

Experience must include each of the following:

1. Determining cost of goods sold to calculate net income and inventory costs.
2. Performing cost allocation so accurate costing methods are applied to production.
3. Using the Percentage of Completion (POC) revenue recognition accounting method with long term contract orders.
4. Enterprise Resource Planning (ERP) system.
5. Intercompany transfer pricing.
6. Federal corporate tax regulations for U.S. manufacturers.

*will accept equivalent foreign degree; will accept 3-year diploma in above fields of study and five (5) years of relevant experience; will also accept any suitable combination of education, training, and/or experience.

Send resume to:
Shilpa Patel, Chief Financial Officer
ULB, LLC
52119 Grand River Ave.
Wixom, MI 48393