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Description: /The work schedule for this position is Monday through Friday. / The Department of Correction (DOC) is seeking motivated and dedicated candidates to fill a Cost Accountant position in MassCor Fiscal Services under the Administrative Services Division. MassCor Fiscal Services is responsible for the purchasing of goods, contracting for services, and managing accounts payable and receivable for the correctional institutions and various divisions located throughout the state. The incumbent of the position will be responsible for working closely with the MassCor Fiscal and MassCor Operations as well as other state agencies, to provide coordination, analysis, information, and support in the areas of budgets, accounting, finance, and procurement. The incumbent of this position would also need to possess personal and professional integrity, excellent communication skills, strong supervisory skills, and strong analytical and decision-making skills. General Statement of Duties/(may include any or all of the following)/: · Collaborate with operations teams for inventory evaluation and market cost analysis. · Collaborate with Shop Managers and Inventory Control Specialist to analyze shop variances and review cycle count adjustments. · Implement and enhance cost accounting policies, procedures, and internal controls to comply with regulatory requirements and accounting standards. · Knowledge and Experience with ERP systems as position will Work closely with third party ERP provider, DOC Contracts Department and outside suppliers. · Work with incarcerated individuals within correctional institutions. Detailed Statement of Duties and Responsibilities */(may include any or all of the following)/:* * Analyze and reconcile all balance sheet accounts related to manufacturing and inventory. * Collaborate with operations teams for inventory evaluation and market cost analysis. * Collaborate with Shop Managers and Inventory Control Specialist to analyze shop variances and review cycle count adjustments. * Responsible for the annual standard cost sheetsand improving standardcosting process. * Provide cost estimates and create new product IDs in ERP system. * Review sales orders toensure finishedgoods are priced at department standards. * Monthly review of raw material waste. * Prepare inventoryand Cost of Goods Soldanalysis. Make recommendations to management teams based on findings. * Research and reconcile all discrepancies in inventory. * Monitor and control inventory valuation, including write-offs, adjustments and reserves. * Develop monthly and annual forecasts, provide insight on potential cost drivers and potential cost fluctuations. * Ensure accuracy and integrity of cost accounting system and oversee any required maintenance or improvements. * Implement and enhance cost accounting policies, procedures, and internal controls to comply with regulatory requirements and accounting standards. * Oversee inventory turnover rates and make recommendations to optimize inventory levels. * Calculate and track all overhead costs. Report overhead costs and build costs into standard pricing of finished goods. * Analyze Return on Investmenton fixed assets. Make recommendations on all future fixed asset purchases. * Understand product-related variances and communicate with management to identify and resolve issues. * Performs other duties as assigned. * *Preferred Qualifications: · Advanced computer skills utilizing spreadsheet and database software, especially with the Microsoft Office products Excel and/or Access. · Excellent organizational, analytical, and problem-solving skills. · Excellent oral & written communication skills with the ability to present facts & recommendations to senior staff. · Experience working within databases such as the MMARS automated accounting systems and documents and Warehouse queries. · Ability to work on multiple tasks and/or projects concurrently. · Ability to accomplish work objectives where few precedents or guidelines are available. · Ability to work independently and collaboratively. · Knowledge of the principles and practices of supervision. · Ability to understand and apply the laws, rules, regulations, policies, procedures, standards, guidelines, and specifications governing assigned unit activities. · Ability to work with incarcerated individuals within correctional institutions. Comments: This is a Civil Service position. Please note that salaries for union positions are determined according to the provisions of the respective collective bargaining agreement. Applicants must have no felony convictions, to include any actions defined in 5 U.S.C. 301; U.S.C. 509, 510; 42 U.S.C. 15601-15609. The Massachusetts Department of Correction shall not hire anyone who may have direct contact with offenders, who has engaged in sexual abuse in a prison or other institution as defined in 42 U.S.C. 1997; or has been convicted of engaging or attempting to engage in sexual activity in the community facilitated by force, overt or implied threats of force or coercion, or if the victim did not consent or was unable to consent or refuse, or has been civilly or administratively adjudicated to have engaged in the activity described in the above paragraph. The agency shall consider any incidents of sexual harassment in determining whether to hire anyone who may have contact with offenders or residents. The DOC urges bilingual applicants to apply.* First consideration will be given to those applicants that apply within the first 14 days. Minimum Entrance Requirements: Applicants must have at least (A) four years of full-time, or equivalent part-time, professional experience in accounting or auditing, of which at least (B) two years must have been in a supervisory, administrative or managerial capacity, or (C) any equivalent combination of the required experience and the substitutions below. Substitutions: I. An Associate's degree with a major in accounting, business administration or business management may be substituted for a maximum of one year of the required (A) experience. II. A Bachelor's degree with a major in accounting, business administration or business management may be substituted for a maximum of two years of the required (A) experience.* III. A Graduate degree with a major in accounting, business administration or business management may be substituted for a maximum of two years of the required (A) experience and one year of the required (B) experience.* Education toward such a degree will be prorated on the basis of the proportion of the requirements actually completed. NOTE: Educational substitutions will only be permitted for a maximum of one year of the required (B) experience. _Comprehensive Benefits_ When you embark on a career with the Commonwealth, you are offered an outstanding suite of employee benefits that add to the overall value of your compensation package. We take pride in providing a work experience that supports you, your loved ones, and your future. Want the specifics? Explore our Employee Benefits and Rewards! *An Equal Opportunity / Affirmative Action Employer. Females, minorities, veterans, and persons with disabilities are strongly encouraged to apply. The Commonwealth is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, color, sex, gender identity or expression, sexual orientation, age, disability, national origin, veteran status, or any other basis covered by appropriate law. Research suggests that qualified women, Black, Indigenous, and Persons of Color (BIPOC) may self-select out of opportunities if they don't meet 100% of the job requirements. We encourage individuals who believe they have the skills necessary to thrive to apply for this role. Job: Accounting and Finance* *Organization: Department of Correction *Title: *Accountant IV - MassCor Location: Massachusetts-Milford-50 Maple Street Requisition ID: 240009IB