Cost accounting supervisor vs finance supervisor

Differences between cost accounting supervisor and finance supervisor duties and responsibilities

Cost accounting supervisor example responsibilities.

• Lead the development of annual standard costs and update the system for BOM changes.
• Manage quarterly inventory reserves in accordance with company policy which follows GAAP guidance.
• Perform all duties in accordance with GAAP, SOX, and corporate accounting policies and procedures.
• Administer employee memberships to gyms, stock purchases and other company benefits through payroll deduction.
• Work with auditors to ensure SOX controls are accurate and that company is in compliance with them.
• Prepare several SOX compliance reports for cost, sales distribution, collection and any other area as required.
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Finance supervisor example responsibilities.

• Lead financial planning & analysis, accounting/general ledger operations and GAAP financial reporting for multiple locations.
• Supervise month-end close activities, including reviewing journal entries, account reconciliations, financial statement preparation, inventory and capital.
• Create and update Hyperion reports for various departmental needs.
• Prepare and update SOX and internal policies and procedures quarterly for the accounting department.
• Conduct audits of processes to determine compliance with prescribe procedures, accuracy of records and SOX.
• Team leader for the accounting department during the upgrade of the company's ERP system from FP2 to FP7.
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