Manager, US Cost and Property Accounting
Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert for its leading materials science, software development, automation engineering, and application expertise, which advance customers' fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln Electric is a $4.2B publicly traded company (NASDAQ:LECO) with over 11,000 employees around the world, with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.
Location: Euclid - 22801 - Cleveland, OH, United States (US)
Employment Status: Salary Full-Time
Function: Finance
Req ID: 25169
PURPOSE: As a Cost Accounting Manager, you will directly and actively support the accurate development, maintenance, and fiscal reporting of manufacturing costs & variances. Additionally, this position is responsible for the accounting and compliance of fixed asset and inventory records. This includes conducting physical inventories, auditing procedures and documentation, and monitoring new capital projects.
JOB DESCRIPTION (DUTIES AND RESPONSIBILITIES):
- Manage designated Cost Accounting staff, including training, development and performance reviews
- Oversee the Fixed Asset accounting process, including reporting, analysis and supporting business partners
- Prepare weekly and monthly reporting and analysis related to manufacturing variances, inventory, and fixed assets
- Collaborate with operations on decreasing manufacturing variances and inventory adjustments
- Participate in physical inventories, including data entry, auditing and counting
- Prepare month-end journal entries, account reconciliations, and Sarbanes-Oxley documentation
- Prepare, analyze, and forecast LIFO inventory calculation
- Provide master data updates, including costs for new products
- Prepare special price requests for international customers and subsidiaries
- Report, analyze, and resolve low margins
- Leverage technology to drive efficiencies within the department
BASIC REQUIREMENTS:
- Bachelor degree with a major in Accounting or Finance preferred or a minimum of 10 years of equivalent experience
- CPA/CMA certificates and advanced degree are a plus
- 5+ years of Cost Accounting experience in a manufacturing environment preferred;
- General accounting experience with additional background in cost will be considered
- Supervisory experience preferred, direct or indirect, with the ability to lead cost accounting personnel
- Excellent PC skills required (e.g., Excel, PowerPoint, Windows-environment, etc.)
- Developed communication skills in writing and verbally with ability to influence stakeholders
- Highly organized and detail-oriented with the ability to prioritize and handle multiple tasks
Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.
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