Archived listing. The details below describe a past opening.
Cost Accountant – Manufacturing We are seeking an experienced Cost Accountant to support the accounting and operational functions of a manufacturing organization. This role will be responsible for monitoring manufacturing costs, inventory, standard costing, variance analysis, and supporting month-end close. The Cost Accountant will work closely with Accounting, Operations, Production, Purchasing, and Supply Chain to ensure accurate product costing and financial reporting.
Key Responsibilities:
- Maintain and analyze standard costs for raw materials, labor, overhead, and finished goods
- Perform manufacturing cost and variance analysis, including material, labor, overhead, purchase price, and production variances
- Review and reconcile inventory, including raw materials, work-in-process (WIP), and finished goods
- Assist with physical inventory counts, cycle counts, inventory adjustments, and reconciliation of discrepancies
- Prepare journal entries and account reconciliations related to inventory, cost of goods sold, manufacturing expenses, and accruals
- Support month-end and year-end close processes
- Analyze actual manufacturing costs compared to standards, budgets, and forecasts
- Monitor production costs and identify trends, discrepancies, and opportunities for cost improvement
- Assist with establishing and updating standard costs, bills of materials (BOMs), and manufacturing routings
- Review inventory valuation and ensure accurate costing of manufactured products
- Partner with Production and Operations teams to understand manufacturing performance and investigate cost variances
- Assist with budgeting, forecasting, and analysis of manufacturing expenses
- Prepare cost reports and provide management with insight into margins, profitability, and operational performance
- Support internal and external audits by preparing schedules and documentation related to inventory and cost accounting
- Maintain accurate accounting records in accordance with company policies and GAAP
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field preferred
- 3+ years of accounting experience, preferably within a manufacturing environment
- Hands-on experience with cost accounting, inventory accounting, and manufacturing variances
- Strong understanding of standard costing, COGS, WIP, BOMs, and inventory valuation
- Experience with month-end close, journal entries, and balance sheet reconciliations
- Strong Microsoft Excel skills, including experience working with large data sets
- ERP/manufacturing accounting system experience strongly preferred
- Strong analytical skills with the ability to identify and explain cost and operational variances
- Excellent attention to detail, organizational skills, and ability to work cross-functionally with Accounting and Operations