Accounting Cost Controller

Summary

The Accounting Cost Controller supports accurate and timely financial reporting by managing cost accounting activities, preparing and posting general ledger entries, and completing key month-end close processes. This role prepares financial statements and supporting schedules, reconciles asset and liability accounts, analyzes manufacturing costs and variances, and provides financial insights that support operational and business decisions. 

This position is based at Hyperion's Ultra-met manufacturing facility in Urbana, Ohio.

Essential Duties and Responsibilities

• Maintain standard costs for direct labor, indirect costs, work in process, and inventory controls.
• Administer and reconcile the fixed asset system.
• Calculate and analyze inventory reserves, including monthly work-in-process reserves, quarterly slow-moving inventory reserves, and reserves related to unusual observations.
• Analyze manufacturing variances, identify key drivers, and communicate findings to stakeholders.
• Execute month-end close activities by preparing, posting, and maintaining recurring and adjusting journal entries.
• Prepare accurate financial statements and provide financial analysis to manufacturing and operations teams.
• Maintain accurate financial and operational data in the Global Shop Solutions ERP system.
• Develop financial data, reports, and presentation materials for board meetings.
• Prepare audit schedules and coordinate supporting documentation for the annual financial review.
• Administer accounting-related tasks associated with the 401(k) plan.
• Create, update, and maintain Global Shop user profiles and access information.
• Drive business results by delivering timely financial insights and identifying opportunities to improve performance.
• Perform additional accounting support duties as assigned.
• Provide backup support for treasury activities.
• Support the preparation, analysis, and maintenance of budgets and forecasts.
• Provide cross-functional backup for other accounting roles, including the CFO, Accounting Specialist, and Accounting Assistant.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Work Experience

Bachelor’s degree in accounting or business administration

Technical Skills/Physical Requirements

• MS Office and knowledge of accounting software platforms, expert user in Excel preferred
• Knowledge of cost accounting and bookkeeping principles and procedures (GAAP)
• Strong analytical, problem solving, creative thinking and customer service skills
• The ability to work under pressure while maintaining accuracy and attention to detail
• Strong interpersonal skills