We are looking for an experienced Senior Cost Accountant to join our client's manufacturing team in the Malvern, Pennsylvania area. In this role, you will serve as a critical financial partner to plant and operations leadership, overseeing cost and inventory accounting processes and driving operational and financial decision-making. This position requires a deep understanding of cost analysis, standard costing, and manufacturing performance to ensure accurate financial reporting and informed business decisions.
Responsibilities:
- Manage key manufacturing cost accounting activities, including monthly closing procedures, transaction reviews, and reconciliations for inventory and cost accounts.
- Prepare and validate balance sheet reconciliations, resolving discrepancies and ensuring compliance with controls.
- Review plant-level financial results to ensure accurate reporting and consistency across locations.
- Oversee standard costing processes, including updates to standards, governance, and collaboration with operations and supply chain teams to reflect changes in production conditions.
- Maintain and verify cost-related master data, such as bills of materials (BOMs), material standards, and transfer pricing.
- Analyze and interpret cost and operational variances, providing actionable recommendations to plant and finance leadership.
- Develop comprehensive reports on product costs, manufacturing variances, inventory levels, and gross profit performance.
- Support budgeting and forecasting activities by building analytical models and conducting cost comparisons for manufacturing performance.
- Coordinate physical inventory counts, including planning, execution, reconciliation, and initiatives to enhance inventory accuracy.
- Lead continuous improvement projects to enhance production reporting and costing processes while collaborating across departments for aligned decision-making.
- Minimum of 5 years of experience in cost accounting within a manufacturing environment.
- Expertise in standard costing, cost analysis, and inventory accounting.
- Proficiency in SAP or similar ERP systems for financial processes and reporting.
- Strong analytical skills with the ability to interpret complex data and provide actionable insights.
- Advanced skills in Microsoft Excel for building and maintaining analytical models.
- Excellent communication and collaboration abilities to work effectively across teams.
- Demonstrated ability to manage multiple priorities and meet deadlines in a dynamic environment.
- Knowledge of compliance standards and internal controls within a manufacturing setting.