8-1 ACC 311 Respond

In response to two peers, address the following questions:

  • Is the job your peer posted a job that you would be interested in? Why or why not?
  • Are there additional topics or skills from this course that may be applicable to the job?
  • Is there a certain assignment/artifact from this course that could be included in your e-Portfolio to highlight your related skills if you were to apply for the job?

Post 1: Austin

I researched the Managerial Cost Accountant position at Sazerac Company in Louisville, KY. The role focuses heavily on cost control, full product costing accuracy, forecasting, financial reporting, and maintaining the integrity of managerial cost systems. The position requires strong analytical skills, Excel proficiency, and a bachelors degree in accounting or finance.

Several topics from this course directly apply to the role, including job-order and process costing, overhead allocation, variance analysis, budgeting, and reconciliation between GAAP financial reporting and managerial costing systems. The position also emphasizes cost setting, bill of materials accuracy, and analysis of cost discrepanciesskills we developed through variance calculations and production budgeting assignments.

Overall, this position demonstrates how cost accounting concepts are applied in real-world manufacturing environments to support strategic decision-making and operational efficiency.

Post 2: Hillman

Job Posting and Relevant Topics from Cost Accounting Coursework

Job description summary: The Financial Analyst position at SeaWorld Parks & Entertainment in Orlando, FL wants a Bachelors degree in Finance, Accounting or related field with two years or more business experience in financial planning, accounting or business analysis. Responsibilities include analyzing park pricing/attendance trends and business performance, preparing annual operating budgets, expense variance reporting and analysis, supporting marketing analytics activities and special project assistance. Qualifications include analytical skills, communication skills, Microsoft Excel experience, and Microsoft PowerPoint experience.

Topics covered in your course that will relate to this job:

Variance analysis: Performs variance analysis when reviewing actual versus budgeted costs/revenues.

Budgeting and forecasting: Prepares annual operating budgets and financial plans.

Cost behavior and cost-volume-profit relationships: Understand how pricing and attendance impact profitability.

Spreadsheet use and data analysis: Uses advanced Microsoft Excel knowledge to prepare financial reports and do modeling.

Analytical thinking/problem solving: Applies analytical thinking skills developed from working on cost accounting problems to analyze financial results and recommend actions that reduce costs.

WRITE MY PAPER


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