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Job details

Cost Accountant

Division

Steel Dynamics

Overview

This position is highly interactive with plant, purchasing, accounting and management staff throughout various locations within the company. It offers a unique opportunity to do monthly accounting activities while also using analytical skills, research, and problem solving to be creative, work on system and accounting projects, and assist with the development and improvement of company inventory software and procedures.

Responsibilities

  • Verify accuracy and completeness of daily accounting activities at the plant including, but not limited to, inventory, shipping, invoicing, purchasing and accounts payable
  • Verify all material movements are documented and reconciled daily
  • Work with plant manager to ensure production data is reported accurately and timely
  • Assist controller and division controller with internal control compliance and identifying opportunities to improve processes and internal controls
  • Assist controller with month end accounting duties including, but not limited to, ensuring proper cut-off for invoicing, documenting revenue recognition, reconciling accounts payable, inventory and material cost of goods sold, journal entries, financial reporting and forecasting
  • Interact with various departments and SDI locations to assist in developing improvements to current inventory system and processes and helping implement those improvements at other locations within the company

 

Qualifications

Required

  • 4-year Accounting or Finance degree with at least two years of manufacturing accounting experience
  • Problem-solving and Strong Microsoft Excel skills
  • Ability to trace transactions through production and accounting systems and identify error

Preferred

  • Active CPA designation
  • CPA or eligible to sit for the exam
  • Experience developing inventory procedures
  • Experience Developing reports to improve controls or automate processes

 

 

Steel Dynamics, Inc., and all affiliated entities are equal opportunity employers. 

Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Cost Accountant, Steel Dynamics, Inc.

If you're a detail-oriented professional looking to make an impact in the manufacturing sector, the Cost Accountant position at Steel Dynamics in Columbus could be just the opportunity for you! In this vibrant role, you'll have the chance to interact with a dynamic range of teams including plant management, purchasing, accounting, and upper management across various locations. Your days will be filled with ensuring the accuracy of daily accounting activities related to inventory, shipping, and invoicing, while also diving into exciting analytical projects. You'll collaborate closely with the plant manager to report production data accurately, and support the internal control compliance efforts alongside the controller. Month-end activities will also be part of your responsibilities, including revenue recognition, journal entries, and financial forecasting. If you enjoy identifying process improvements and have a knack for enhancing inventory systems, you will find fulfillment in this role. Your expertise in Microsoft Excel and your problem-solving skills will shine as you navigate complex accounting and production systems. With a background in accounting or finance and a desire to thrive in a fast-paced environment, you're exactly what we're looking for at Steel Dynamics. Join us and help transform how we manage and report on our materials and costs!

Frequently Asked Questions (FAQs) for Cost Accountant Role at Steel Dynamics, Inc.
What are the main responsibilities of a Cost Accountant at Steel Dynamics?

As a Cost Accountant at Steel Dynamics, your primary responsibilities encompass verifying daily accounting activities such as inventory, shipping, and invoicing accuracy. You will ensure that all material movements are documented and reconciled daily while collaborating closely with your plant manager to maintain accurate production data. Additionally, you'll assist in month-end accounting duties and work with the controller to enhance internal controls and processes.

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What qualifications are required for a Cost Accountant position at Steel Dynamics?

To qualify for the Cost Accountant position at Steel Dynamics, you should possess a 4-year degree in Accounting or Finance, alongside a minimum of two years of manufacturing accounting experience. Strong Microsoft Excel skills and problem-solving abilities are essential. While an active CPA designation and experience in developing inventory procedures are preferred, they are not mandatory.

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How does the Cost Accountant role interact with other departments at Steel Dynamics?

The Cost Accountant at Steel Dynamics interacts extensively with various departments, including plant management, purchasing, and accounting teams. You'll collaborate with these departments to ensure the accuracy of financial records and facilitate improvements to the company's inventory systems, enhancing organizational efficiency across multiple locations.

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What analytical skills are important for a Cost Accountant at Steel Dynamics?

Analytical skills are crucial for a Cost Accountant at Steel Dynamics as you will be required to trace transactions through production and accounting systems. This entails identifying errors, enhancing inventory procedures, and developing reports that automate processes and improve internal controls, all of which contribute to better financial decision-making.

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What is the company culture like at Steel Dynamics for a Cost Accountant?

At Steel Dynamics, the company culture encourages collaboration and innovation among teams. As a Cost Accountant, you'll have opportunities to engage with colleagues from different backgrounds, work on system improvements, and contribute your ideas to develop solutions, all within a supportive environment that values employee contributions.

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Common Interview Questions for Cost Accountant
Can you describe your experience with manufacturing accounting?

In your answer, highlight any specific experiences that relate to manufacturing accounting. Discuss the accounting tasks you've handled, the systems you've worked with, and how these experiences have prepared you for the Cost Accountant role at Steel Dynamics.

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How do you approach month-end closing procedures?

Explain your familiarity with month-end closing processes, emphasizing your attention to detail and organizational skills. Discuss any tools or methods you use to ensure accuracy and adherence to deadlines.

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What measures do you take to ensure accuracy in your work?

Discuss the specific techniques you use to maintain accuracy in your accounting processes. This could include double-checking entries, systematic documentation, or using software tools that aid your verification process.

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How do you handle discrepancies in financial data?

Offer an example of a time when you encountered a discrepancy and detail how you approached resolving it. Highlight your analytical and problem-solving skills as key parts of your strategy.

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What steps would you take to improve an inventory control system?

Share your insights on the typical weaknesses in inventory management and propose actionable steps based on your experience. Discuss how technology and collaboration with various departments can facilitate improvements.

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Can you explain the importance of internal controls in accounting?

Emphasize your understanding of internal controls and their role in safeguarding assets and ensuring accuracy in accounting. Discuss how you have contributed to or will contribute to compliance and control measures.

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How proficient are you in using Excel for accounting tasks?

Demonstrate your skills by discussing specific functions in Excel that you frequently use for accounting tasks. Mention any advanced functions you leverage for financial analysis and reporting to improve efficiency.

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What experience do you have working with cross-functional teams?

Discuss your experience collaborating with other departments, emphasizing communication and teamwork. Describe instances where your input positively impacted results, particularly in accounting-related functions.

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How do you stay organized while handling multiple tasks within a tight deadline?

Explain your preferred organization strategies, such as using task management tools, prioritizing tasks effectively, and setting interim deadlines to keep projects on track, especially in a manufacturing environment.

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What accounting software are you familiar with and how do you adapt to new software?

List specific accounting software you've used in your previous roles and describe how you quickly adapt to new systems. Mention your willingness to learn and any training experiences you've had that illustrate your adaptability.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 14, 2025

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