Cost Accounting Lead
About the position As the Cost Accounting Lead, you will have the opportunity to collect and analyze financial metrics. Each day, you will identify trends and problems and communicate information to relevant groups. You will also showcase your expertise by recommending actions to improve financial performance of the specific factory/manufacturing site. This is an on-site position based in Richmond, VA but will consider hybrid for the right candidate. This role is contributing to the Electrification Smart Power division in the United States. Responsibilities • Perform cost accounting activities including creation of standards, allocations, analysis, and ensure accuracy of BOM and routings as it relates to finished goods • Ensure accuracy of inventory & logistics by enforcing policies & procedures, monitoring adjustments and develop corrective action(s) for exceptions • Generate reporting for plan vs actual for costs, hours, production targets, etc. • Prepares financial modelling for various hypotheses and assesses impact to factory with special focus on product / business line profitability, product costing, production variances, over/under-absorption analysis / inventory analysis. Requirements • Bachelor's Degree in Finance, Accounting, Business or related is required. • 8+ years of experience in Finance & Accounting with 3+ years of experience in cost accounting • Experience with SAP is required. Strong preference for candidates with Materials Management (MM) and Production Planning (PP) Modules. • Strong capability to collaborate with operations, warehouse, logistics & other functions • Microsoft Excel skills, including modeling • English language skill and proficiency • Candidates must already have a work authorization that would permit them to work for ABB in the US Benefits • Choice between two medical plan options: A PPO plan called the Copay Plan OR a High Deductible Health Plan (with a Health Savings Account) called the High Deductible Plan. • Choice between two dental plan options: Core and Core Plus • Vision benefit • Company paid life insurance (2X base pay) • Company paid AD&D (1X base pay) • Voluntary life and AD&D - 100% employee paid up to maximums • Short Term Disability - up to 26 weeks - Company paid • Long Term Disability - 60% of pay - Company paid. Ability to "buy-up" to 66 2/3% of pay. • Supplemental benefits - 100% employee paid (Accident insurance, hospital indemnity, critical illness, pet insurance • Parental Leave - up to 6 weeks • Employee Assistance Program • Health Advocate support resources for mental/behavioral health, general health navigation and virtual health, and infertility/adoption • Employee discount program • 401k Savings Plan with Company Contributions • Employee Stock Acquisition Plan (ESAP) • ABB provides 11 paid holidays. Salaried exempt positions are provided vacation under a permissive time away policy. Apply tot his job