Cost Accountant

Job Description

We are looking for a skilled Cost Accountant to join our team in Red Wing, Minnesota. As part of the Supply Chain Finance group, you will play a pivotal role in ensuring accurate inventory valuation and cost of goods sold while collaborating closely with various business units, including Manufacturing, Materials, Engineering, and Product Creation. This is a long-term contract position that primarily requires in-office work, with mild flexibility after the onboarding period.

Responsibilities:

• Conduct standard cost activities to support annual cost rolls, new product costing, and engineering change requests.

• Develop accurate product costs by analyzing bill of material structures and collaborating with relevant teams.

• Perform detailed reconciliations, transaction error analysis, and corrective journal entries to maintain accurate financial records.

• Manage daily and month-end close processes, including variance analysis and financial reviews.

• Prepare and ensure accuracy in balance sheet reconciliations, adhering to accounting policies and standards.

• Lead verification and reconciliation efforts during annual physical inventory processes.

• Collaborate on lean project teams to improve workflows and implement tracking mechanisms for accountability.

• Provide audit support by preparing schedules and timely deliverables for annual financial audits.

• Partner with manufacturing leaders to drive productivity and analyze metrics across multiple facilities.

• Participate in cross-functional projects aimed at streamlining processes and enhancing internal controls.• Strong proficiency in Microsoft Excel, Word, and Outlook for financial analysis and reporting.

• Demonstrated ability to perform reconciliations, journal entries, and variance analysis with attention to detail.

• Solid understanding of inventory valuation, cost accounting principles, and financial reporting practices.

• Excellent communication skills to collaborate effectively across teams and stakeholders.

• Experience with month-end close processes and preparing audit support schedules.

• Knowledge of productivity metrics and optimization within manufacturing environments.

• Ability to manage multiple tasks and prioritize deadlines in a dynamic work setting.

• Familiarity with US GAAP and compliance standards.