Cost Accountant – Product Costing

Job Description

Cost Accountant | American Honda Motor Company, Inc.

The Tone:
This is an entry-level role at American Honda Motor Company, Inc., located in a hybrid remote setting. Honda is a company with a clear and joyful vision for the future, constantly innovating and developing solutions to drive business success. This organization strives to be a source of “power” that supports people around the world, helping them expand their potential and realize “the joy and freedom of mobility” through new technologies and a commitment to a “zero environmental footprint.” This Cost Accountant role is vital for accurately developing the cost per unit of current models, which directly influences sales prices, thereby supporting Honda’s continued innovation and business objectives.

The TL;DR
• Role: Early Career
• Location: Hybrid remote
• Mission: This person owns accurately developing the cost per unit for current models, impacting sales prices, and performing critical financial analysis related to sales, materials, and variances.
• Tech Stack: SAP, Microsoft Excel, Microsoft Powerpoint

What You’ll Actually Do
• Closing Responsibilities: Perform monthly closing tasks related to sales and materials, then present the results to management.
• Budget Analysis: Conduct sales and materials analysis for six annual budget events, presenting the outcomes to management.
• Profit Analysis: Use analytical skills and professional accounting knowledge to create detailed sales breakdowns and profit analyses.
• Pricing Quotes: Prepare accurate parts and unit pricing quotes.
• Variance Analysis: Perform analysis of material usage and sales price variances.

The Must-Haves
• Background: This is an entry-level role requiring a Bachelor’s degree with a major in accounting or finance, OR an Associate’s degree combined with a minimum of 2 years of experience in an accounting-related job.
• Experience: 0-2 years of experience with a bachelor’s degree, or a minimum of 2 years of experience with an associate’s degree, in an accounting-related field.
• Skills: Strong foundational knowledge of basic accounting principles (GAAP/IFRS) and a cost accounting background are required, along with a general understanding of accounting functions, terminology, and the ability to apply accounting concepts. Candidates must also possess strong analytical, problem-solving, presentation, and organizational skills, alongside proficiency in Microsoft products (Excel, PowerPoint) and SAP knowledge.