Senior Cost Accountant

What you'll do:

• Standard Cost Management:
• Develop, maintain, and update standard costs for raw materials, labor, and overhead
• Monitor and analyze cost variances, including material, labor, and overhead variances
• Review and adjust standard costs to reflect changes in manufacturing processes and market conditions
• Ensure we accurately capture and apply costs to projects across the company


• Cost Analysis & Reporting:
• Analyze manufacturing costs and prepare detailed reports on cost performance
• Identify trends and variances in production costs and recommend corrective actions
• Provide detailed cost analysis and insights to support decision-making for pricing, budgeting, and forecasting
• Provide cost-related data and analysis to support financial planning


• Variance Analysis:
• Conduct variance analysis on actual vs. standard costs, explaining reasons for differences
• Work with production and operations teams to understand and mitigate cost variances
• Prepare regular reports on cost variance, highlighting areas of concern and opportunities for cost reduction
• Prepare journal entries to allocate cost variances


• Inventory Management:
• Assist in monitoring and valuing inventory, ensuring accuracy in cost allocation
• Conduct periodic inventory reconciliations and analyze inventory variances
• Support physical inventory counts and investigate discrepancies between physical counts and system records


• Continuous Improvement:
• Collaborate with cross-functional teams to assess processes, their inputs, outputs, quality and other factors, in order identify and implement improvements to process quality, accuracy and cost
• Support the development and implementation of process improvements related to cost accounting and reporting, as well as other accounting processes, including purchase order accuracy and completeness, credit memo application, parent-child effectiveness, etc.

What we’re looking for:

• Bachelor’s degree in accounting, finance or business administration preferred
• 7+ years' experience as a cost accountant, cost analyst, or similar role, with a focus on data analysis and knowledge of cost accounting principles and practices
• Experience with inventory in a manufacturing environment
• Ability to keep organized and demonstrate flexibility in a fast-paced environment
• Excellent analytical skills and strong attention to detail
• Strong Excel Skills

Bonus points for:

• 2+ years audit experience with Big 4 or similar

Must-have Requirements:

• Perform extended activities such as stooping, climbing, typing, standing, sitting, etc.
• Willingness to travel or work required nights/weekends/on-call occasionally
• Work in a facility that contains industrial hazards including heat, cold, noise, fumes, strong magnets, lead (Pb), high voltage, high current, pressure systems, and cryogenics