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Cost Accountant

Cost Accountant

Emerson ElectricChanhassen, MN, US
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Cost Accountant

If you are an accounting grad looking for an opportunity to grow, Emerson has an exciting opportunity for you! Based in our Chanhassen, MN location as a Cost Accountant.

In This Role, Your Responsibilities Will Be :

  • Assist in preparing and analyzing cost reports and budgets
  • Support monthly, quarterly, and annual financial close processes
  • Monitor and report on manufacturing costs, inventory valuation, and cost variances
  • Collaborate with operations and supply chain teams to understand cost drivers
  • Maintain cost accounting records and documentation
  • Help identify opportunities for cost reduction and process improvement
  • Participate in internal audits and compliance reviews
  • Prepare and input accounting journal entries, documentation and financial reporting data to support accurate & timely financial statements in accordance with US GAAP and corporate financial policies.
  • Prepare account reconciliations and reviews, to ensure proper balance sheet valuation and reporting.
  • Prepare and communicate monthly analysis of manufacturing variances and recommend actions for improvement
  • Partner with site operations to develop and review standards costs & product cost performance
  • Assist with asset audits and internal control reviews, including documentation, to ensure effective financial controls.
  • Support the Annual Physical inventory count and periodic cycle counts.
  • Assist in identifying and driving best in class process improvement strategies for North America sites
  • Support system updates and maintenance.
  • Update process documentation including accounting policies and procedures

Who You Are :

You act with a clear sense of ownership. You scan the environment for new technical skills, knowledge, or capabilities that can benefit business or personal performance. You relate comfortable with people across levels, functions, cultures, and geography. You model high standards of honesty and integrity. You analyze multiple and diverse sources of information to define problems accurately before moving to solutions.

For This Role, You Will Need :

  • Bachelor's degree
  • Zero (0) years of related experience
  • Legal authorization to work in the United States
  • Preferred Qualifications That Set You Apart :

  • Bachelor's degree in Business, Accounting or related field
  • High level of integrity and accountability with results-orientation and a strong ability for prioritization
  • Strong technology skills including proficiency with Microsoft Office applications and Enterprise Resource Planning (ERP) systems
  • Ability to partner effectively with business leaders, including strong (internal) customer service skills
  • Ability to effectively work with individuals remotely (through telecommunications)
  • Accounting experience in a manufacturing environment
  • Experience with Oracle E-Business Suite (Manufacturing and Financials)
  • Our Culture & Commitment to You :

    At Emerson, we prioritize a workplace where every employee is valued, respected, and empowered to grow. We foster an environment that encourages innovation, collaboration, and diverse perspectivesbecause we know that great ideas come from great teams. Our commitment to ongoing career development and growing an inclusive culture ensures you have the support to thrive. Whether through mentorship, training, or leadership opportunities, we invest in your success so you can make a lasting impact. We believe diverse teams, working together are key to driving growth and delivering business results.

    We recognize the importance of employee wellbeing and know that to do your best you must have flexible, competitive benefits plans to meet you and your family's physical, mental, financial, and social needs. We provide a variety of medical insurance plans, with dental and vision coverage, Employee Assistance Program, profit sharing retirement, tuition reimbursement, employee resource groups, recognition, and much more. Our culture prioritizes work-life balance and offers flexible time off plans, including paid parental leave (maternal and paternal), vacation and holiday leave.

    Our training programs and initiatives focus on end-to-end development, from onboarding through senior leadership. We provide a wide range of development opportunities, including face-to-face and virtual training, mentorship and coaching, project management, and on-the-job training.

    Our compensation philosophy is simple : we pay a competitive base salary, within the local market in which we operate, and reward performance during our annual merit review process. The starting salary for this role is $58,000-$62,000 annually, commensurate with the skills, talent, capabilities and experience each candidate brings to a role.

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    Cost Accountant • Chanhassen, MN, US

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