Job Costing Manager Jobs
A Job Costing Manager is a vital position responsible for overseeing cost control and financial analysis within an organization. This role involves developing and maintaining cost accounting systems to ensure accuracy and profitability.
The Job Costing Manager collaborates with various departments, including finance and operations, to provide timely financial information, analyze cost variances, and implement cost-saving measures.
Strong knowledge of cost accounting principles, financial analysis, and project management is essential. Effective communication with both domestic and international stakeholders is crucial, along with the ability to provide economic strategies and ensure compliance with financial accounting standards.
Why Being a Job Costing Manager is Great.
A Job Costing Manager plays a crucial role in ensuring that projects are completed within budget and that financial resources are allocated efficiently. This position requires a blend of analytical skills and attention to detail, allowing professionals to dive deep into cost analysis and project management. By overseeing the financial aspects of various jobs, a Job Costing Manager not only contributes to the profitability of the organization but also helps teams make informed decisions that drive operational success. The demand for skilled individuals in this field continues to grow, making Job Costing Manager Jobs a promising career path for those who enjoy working with numbers and have a passion for strategic planning.
In addition, the role often involves collaboration with various departments, fostering a dynamic work environment that encourages professional growth and development.
Job Costing Manager Job Duties And Responsibilities
The Job Costing Manager is responsible for developing and maintaining cost accounting systems that enhance profitability and reduce expenses. This role involves managing perpetual inventory systems, conducting regular cycle counts, and ensuring accurate reconciliation of standard and actual costs. Additionally, the manager participates in the monthly closing process, prepares journal entries, and collaborates with various departments to provide timely financial information and support the annual budgeting process. By analyzing manufacturing processes and conducting variance analysis, the Job Costing Manager plays a crucial role in optimizing cost efficiency and guiding project teams on best practices in cost management.
Why be a Job Costing Manager with IES Residential?
Becoming a Job Costing Manager with IES Residential offers a unique opportunity to work within a company that values both professional growth and community impact. With over 50 years of experience and a commitment to safety, customer satisfaction, and employee development, IESR provides a supportive environment where your skills can thrive. You will play a crucial role in managing financial health and ensuring project efficiency, all while being part of a diverse and inclusive culture that embraces collaboration and innovation.
Join us, and help shape the future of IES Residential while building a legacy of excellence and community support.
Company Benefits
Competitive Wages
401(k) Plan with Contribution Matching
Paid Time Off (PTO)
Company Paid Life Insurance
Medical, Dental, & Vision Coverage
Short Term Disability Plans
Optional Long-Term Disability
Optional Critical Illness, Accident, Legal, & Pet Coverage.
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FAQs
What's a Job Costing Manager's job description?
A Job Costing Manager is responsible for overseeing cost control and financial analysis within an organization. Key duties include developing and maintaining cost accounting systems, analyzing cost variances, and implementing cost-saving measures. This role requires collaboration with finance, operations, and management to provide accurate financial information. A strong understanding of cost accounting principles, financial analysis, and project management is essential, along with effective communication skills to engage with stakeholders and ensure compliance with financial standards.
How do I get a Job Costing Manager job?
To get a Job Costing Manager position, start by obtaining a bachelor's degree in Accounting or a related field. Consider pursuing a master's degree or professional certifications like CMA or CPA for a competitive edge. Gain 3-10 years of experience in cost accounting, ideally in a manufacturing environment, along with 1-3 years in a management role. Develop strong analytical and mathematical skills, and become proficient in Microsoft Office and ERP systems like MS Dynamics or SAP. Enhance your communication, organizational, and time management skills to effectively collaborate with stakeholders. Finally, demonstrate leadership abilities and a mature personality to manage a team and work independently.
What are the job duties of a Job Costing Manager?
A Job Costing Manager is responsible for developing and maintaining cost accounting systems to enhance profitability, managing accurate process cost information, and overseeing perpetual inventory systems. Key duties include participating in monthly closing processes, preparing journal entries, and conducting variance analysis. They also analyze manufacturing processes, provide timely financial information, and prepare cost reports. Additionally, the manager reviews contracts with vendors, identifies risks related to project costs, and collaborates with financial personnel on budgeting and forecasting. Overall, they support project teams in cost management and lead special projects as needed.
Is a Job Costing Manager job fullfilling?
A Job Costing Manager role can be fulfilling for those who enjoy analyzing financial data, managing budgets, and contributing to project success. It offers opportunities for problem-solving, collaboration, and strategic planning, making it rewarding for detail-oriented individuals who thrive in a dynamic work environment.
How long does it take to become a Job Costing Manager?
To become a Job Costing Manager, it typically takes around 7 to 13 years. This includes obtaining a bachelor's degree in accounting or a related field, gaining 3 to 10 years of experience in cost accounting, and acquiring 1 to 3 years of management experience. Additional qualifications like a master's degree or certifications such as CMA or CPA can enhance prospects and may shorten the time frame.
Is there a demand for Job Costing Managers?
Yes, there is a growing demand for Job Costing Managers as businesses increasingly focus on cost control and profitability. Their expertise in budgeting, financial analysis, and project management is essential for optimizing project costs and enhancing operational efficiency.
What are Job Costing Manager career paths?
Job Costing Managers can pursue various career paths, including roles such as Senior Cost Analyst, Cost Accounting Manager, Financial Controller, Project Manager, and Operations Manager. Additionally, they may advance to executive positions like Chief Financial Officer or Director of Finance, focusing on strategic financial management and oversight. Transitioning into consulting or specialized financial advisory roles is also a possibility.
What are the job responsibilities of a Job Costing Manager?
A Job Costing Manager is responsible for developing and maintaining cost accounting systems to enhance profitability and reduce costs. Key duties include managing process cost information, maintaining perpetual inventory systems, and participating in the monthly closing process. They prepare journal entries, conduct variance analysis, and provide accurate financial information for product costs. The role involves analyzing manufacturing processes, preparing cost reports, and negotiating contracts with vendors to optimize costs. Additionally, they support project teams on cost management practices, collaborate with financial personnel on forecasting, and lead special projects as needed.
What are the requirements to get a Job Costing Manager job?
To become a Job Costing Manager, candidates typically need the following requirements:
1. Education: A Bachelor's degree in Accounting or a related field is essential; a Master's degree or professional certifications like CMA or CPA are preferred.
2. Experience: A minimum of 3-10 years in cost accounting, ideally within a manufacturing or production environment, along with 1-3 years of management or supervisory experience.
3. Technical Skills: Proficiency in Microsoft Office Suite (especially Excel and Access) and experience with ERP systems such as MS Dynamics or SAP.
4. Analytical Skills: Strong analytical and mathematical abilities, including knowledge of fractions, percentages, ratios, and proportions.
5. Communication Skills: Effective communication skills to interact with diverse stakeholders, both domestically and internationally.
6. Organizational Skills: Strong organizational and time management skills, capable of handling multiple tasks with minimal supervision.
7. Leadership: A mature personality with the ability to work independently and lead a team.
8. Financial Software Proficiency: Familiarity with financial software and systems relevant to the role.
Are there entry level Job Costing Manager jobs?
Yes, entry-level Job Costing Manager positions exist. Typically, candidates should have a bachelor's degree in finance, accounting, or a related field. Key skills include strong analytical abilities, attention to detail, proficiency in accounting software, and effective communication. Experience with budgeting and financial analysis is also beneficial. Familiarity with project management principles can enhance job prospects.
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