Job Description
We are seeking a highly analytical and detail-oriented Cost Accountant to join our finance team at a 24-hour manufacturing facility. The Cost Accountant will play a critical role in analyzing production costs, monitoring inventory and variances, and supporting data-driven decision-making to improve operational efficiency and profitability. This role requires a hands-on understanding of manufacturing processes and strong collaboration with production, engineering, and supply chain teams.
ESSENTIAL DUTIES RESPONSIBILITIES
• Analyze and monitor standard costs, actual costs, and variance reporting for materials, labor, and overhead.
• Create product costs in the ERP system using BOMS, Routers, yield scrap factors and labor & overhead rates.
• Ensure accurate Product Costs via analysis and audit of ERP data.
• Develop and maintain accurate cost accounting systems and cost models to support budgeting and forecasting.
• COGs and gross margin analysis of the P&L with multiple legal entities and multiple product lines
• Conduct monthly inventory analysis, including physical counts, reconciliation, and adjustments.
• Inventory and related balance sheet account analysis and account reconciliations.
• Collaborate with production teams to track and evaluate manufacturing efficiency, waste, and yield performance.
• Prepare cost of goods manufactured (COGM) and cost of goods sold (COGS) reports.
• Support monthly and year-end close processes, including journal entries, account reconciliations, and audit support.
• Monitor work-in-progress (WIP), raw materials, and finished goods inventory to ensure accurate financial reporting.
• Provide financial insights and recommendations to improve cost control and margin performance.
• Explore opportunities for system automation and improved analytical tools.
• Design and document procedures for industrial accounting.
• Assist in developing and reviewing capital expenditure projects and their cost implications.
• Ensure compliance with internal controls, company policies, and relevant accounting standards.
QUALIFICATIONS COMPETENCIES
• Strong understanding of cost / industrial accounting and US GAAP.
• Experience with ERP systems
• Advanced excel skills (minimum pivots & look-ups). Database and BI knowledge a plus.
• Ability to work independently and manage priorities in a fast-paced, 24/7 production environment.
• Strong communication and interpersonal skills for cross-functional collaboration.
• Intellectual curiosity and advanced analytical thinking ability.
• CMA or CPA or MBA a plus.
• On-site presence required to interact with production teams and review operational data.
• May involve occasional off-shift hours or weekend availability to support plant operations or inventory counts.
• Must be comfortable in a factory environment, including time spent on the production floor.
EDUCATION EXPERIENCE
• Bachelor's degree in Accounting, Finance, or related field.
• 3+ years of cost accounting experience in a manufacturing environment.
Product Costing, BOM/Router control, Inventory management, profitability analysis, variance analysis, deep interaction with operations, supply chain and planning.
BS in Accounting or related field. 5+ years of experience with strong preference in a manufacturing environment.
Full-time