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Cost Accountant/Estimator

Company: LSI Industries, Inc.
Location: Houston
Posted on: November 26, 2022

Job Description:

SUMMARY: The Cost Accountant/Estimator is responsible for serving as a valued member in the finance department while working closely with the engineering department and ensuring these departments create accurate and timely reports for the Houston facility.

ESSENTIAL DUTIES AND RESPONSIBILITIES: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Completes month-end closing activities including journal entries and account reconciliations accurately, timely and support quarter and year-end closing activities.
Performs variance analysis based on month-end results.
Estimate the cost of new products.
Compare the actual cost of the finished product to the estimated cost, determine the reason for any discrepancy, and how to remedy.
Analyze the effect of changes in design, materials, and manufacturing methods on costs.
Reviews and updates standard costs, verifies the accuracy of the Bill of Materials & roll standard costs, when necessary.
Assists with the coordination of both internal and external audits.
Supports the Division Controller with analysis of customer and business vertical profitability
Other reporting activities or projects as required.


The Cost Accountant/Estimator has no direct supervisory responsibilities.


Bachelor's degree in Accounting.
Experience with JD Edwards is a plus; experience with in an ERP environment required MS Office, including Excel & Word.
Prior Cost Accounting experience is required.


Builds Strategic Working Relationships - Develops and uses collaborative relationships to facilitate the accomplishment of work goals.
Builds Trust - Interacts with others in a way that gives them confidence in one's intentions and those of the organization.
Decision Making - Identifies and understands issues, problems, and opportunities, compares data from different sources to draw conclusions; uses effective approaches for choosing a course of action or developing appropriate solutions; takes action that is consistent with available facts, constraints, and probable consequences
Planning and Organizing - Establishing courses of action to ensure that work is completed efficiently.
Initiates Action - Takes prompt action to accomplish objectives; takes action to achieve goals beyond what is required; is proactive.
Customer focus - Making customers and their needs a primary focus of one's actions; developing and sustaining productive customer relationships.

LANGUAGE SKILLS: Ability to read, analyze, and interpret financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to effectively present information to top management, public groups, and/or boards of directors.

MATHEMATICAL SKILLS: Intermediate Skills: Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

REASONING ABILITY: Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms and talk or hear.
The employee is occasionally required to stand; walk, stoop, kneel, crouch, or crawl.
The employee must occasionally lift and/or move up to 25 pounds.

WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is occasionally exposed to moving mechanical parts; outside weather conditions and risk of electrical shock.
The noise level in the work environment is usually moderate.
Majority of workday is spent in office environment. A portion of time is spent in manufacturing assembly environment. Small portion of time is spent outdoors (on job sites) gathering information in support of estimating role.

DISCLAIMER: This job description is provided for general informational purposes and should not be considered a comprehensive listing of activities, duties, or responsibilities required by the employee.%36479324%

Keywords: LSI Industries, Inc., Houston , Cost Accountant/Estimator, Other , Houston, Texas

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