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Sr. Cost Accountant - Boonton, NJ

Date: Nov 16, 2022

Location: Boonton, NJ, US, 07005

Company: Hubbell Incorporated

Corporate Overview
Hubbell Incorporated was founded in 1888 and has grown into an international manufacturer of quality electrical, lighting and power solutions with more than 75 brands used and recognized around the world. Our founder, Harvey Hubbell, developed tooling and equipment to serve the growing demand for new assembly and manufacturing machinery during the industrial revolution. An early, and one of many patents awarded, came for the creation of the first practical method to control electricity through the pull chain socket that remains unchanged today. As a market leader in reliable, electrical solutions, we provide more than half a million products delivered through our various business groups. Hubbell is committed to continually innovating solutions that work, transforming old products with new ideas, and ensuring that we Energize, Enlighten and Empower the communities that support us.
 
Division Overview
Hubbell Power Systems (HPS) engages in the design and manufacture of a wide variety of products used by utilities. Today, HPS is deeply engaged in product solutions for OSP Communication utility purposes, and has been actively growing that segment of the business. HPS roots have historically been in high voltage transmission, distribution, substation, underground products used by electric utilities. HPS products are also used in the civil construction, transportation, gas and water industries.

At HPS, we build products that provide mission critical infrastructure and that deliver communications and power to millions of people worldwide. In our business, failure is not an option. Therefore, we manufacture products of uncompromising integrity and it starts with our quality policy. We hold our partners, our suppliers and ourselves to the highest standard to ensure we exceed all the technical and functional expectations of our customers.

Hubbell Incorporated engages in the design, manufacture, and sale of electrical and electronic products in the United States and internationally. It operates in three segments: Electrical, Power, and Industrial Technology.

Brand Overview

Hubbell Utility Solutions (HUS) engages in the design and manufacture of a wide variety of products used by utilities. Today, HUS is also deeply engaged in product solutions for the Utility Communications and Advanced Metering Infrastructure (AMI) space and has been actively growing that segment of the business. HUS roots have historically been in high voltage transmission, distribution, substation, underground products used by electric utilities. HUS products are also used in the civil construction, transportation, gas, and water industries.
 
HUS has four business units. Hubbell Power Systems (HPS) is our electrical components and infrastructure business. Aclara is our AMI and Meters business and also includes an installation business. Hubbell Gas Connectors and Accessories (HGCA) sells connectors and accessories for the repair, replacement and refurbishment of natural gas systems. Our fourth business is our Protection and Controls business which is our newest business initiative to drive substation communications, control and protection solutions. HUS provides these solutions in the Electric Utility, Water, Gas and Communications Market.
 
At HUS, we build products that provide mission critical infrastructure and that deliver communications and power to millions of people worldwide. In our business, failure is not an option. Therefore, we manufacture products of principled integrity and it starts with our quality policy. We hold our partners, our suppliers and ourselves to the highest standard to ensure we exceed all the technical and functional expectations of our customers. Hubbell Incorporated engages in the design, manufacture, and sale of electrical and electronic products in the United States and internationally. It operates in three segments: Electrical, Power, and Industrial Technology.

Posting Address

353 Powerville Rd

Boonton, NJ  07005

Position Overview

Based in Boonton, NJ, and reporting to the Division Controller, the Sr. Cost Accountant serves as a key member of the Finance team with responsibility for various accounting and costing functions.  Responsibilities require knowledge of cost accounting, manufacturing processes, generally accepted accounting principles (US GAAP) and SAP best practices.  Seeking a self-motivated individual with strong initiative and an interest in joining a successful organization.

Duties and Responsibilities

•    Ensure accuracy and integrity of standard costs (BOMs and routings)
•    Provide analysis in support to Internal and External Audits of the Business Unit
•    Assist in monthly closing and reporting process, using SAP and OneStream
•    Review, analyze and update standard product costs as they relate to material, labor and burden/overhead
•    Provide monthly variance analysis regarding production costs and department expenses
•    Assist in preparing and loading annual operating budget and monthly forecasts
•    Assist in execution of annual operating plan
•    Support process improvement initiatives related to internal controls and financial reporting
•    Maintain responsibility for routine calculation of accruals (i.e. E&O inventory)
•    Manage cycle count program and annual physical inventories and reconcile all differences 
•    Analyze and prepare ad hoc reports in support of Business Unit Management decision making
•    Assist oversight for projects, including capital, major maintenance 
 

Skills and Experience

  • BS or Master’s in Accounting
  • MBA preferred
  • CMA/CPA preferred
  • 3+ years of Manufacturing Cost Accounting experience
  • Strong hands-on SAP experience a significant plus
  • Strong analytical skills

Education

Bachelors Degree
Masters Degree in Accounting

 

Hubbell Incorporated, its subsidiaries and affiliates, is an EO Employer AA: M/F/Veteran/Disability. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender identity or any other protected class.


Nearest Major Market: New York City
Nearest Secondary Market: Newark

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