Accountant III

Job Summary

The Accountant III role at CECO Environmental is responsible for supporting inventory valuation, cost accounting processes, and financial reporting related to inventory and cost of goods sold. This role ensures accurate inventory valuation using FIFO and standard costing methodologies, analyzes cost drivers and purchase price variances, strengthens internal controls, and supports compliance with accounting standards.

Responsibilities

• Support inventory valuation processes using FIFO and standard costing methodologies.
• Ensure accurate standard cost setup, updates, and maintenance within D365.
• Analyze inventory transactions, cost rollups, and cost allocations.
• Perform inventory reconciliations and resolve discrepancies between subledger and general ledger.
• Maintain accurate cost of goods sold (COGS) reporting, including full absorption and/or abnormal cost indicators.
• Analyze manufacturing and procurement costs to identify trends, risks, and opportunities for cost savings.
• Report on purchase price variances (PPV) and investigate significant fluctuations.
• Partner with procurement and operations teams to improve cost efficiency and pricing strategies.
• Prepare cost analysis reports and provide recommendations to leadership.
• Direct inventory and cost accounting processes within Microsoft Dynamics 365.
• Ensure data integrity, accurate system configuration, and consistent use of costing methods.
• Support system implementations, enhancements, testing, and process improvements.
• Train and support users on inventory and costing processes.
• Implement and maintain strong internal controls over inventory and cost accounting processes.
• Ensure compliance with company policies, GAAP, and regulatory requirements.
• Support internal and external audit activities, including documentation and testing of controls.
• Identify control gaps and implement corrective actions.
• Support month-end, quarter-end, and year-end close processes related to inventory and cost accounting.
• Prepare journal entries, account reconciliations, and financial analysis.
• Provide inventory and cost-related disclosures for financial statements.
• Develop management reporting and KPIs related to inventory performance.
• Manage processes for identifying excess and obsolete inventory.
• Develop and maintain reserve methodologies and supporting documentation.
• Review inventory aging reports and recommend reserve adjustments.
• Collaborate with operations and supply chain teams to minimize inventory risk.
• Identify opportunities to improve inventory accuracy, cost transparency, and operational efficiency.
• Develop policies and procedures for inventory and cost accounting functions.
• Lead accounting staff, where applicable.
• Partner cross-functionally with supply chain, operations, and finance leadership.

Required Qualifications

• Bachelor’s Degree in Accounting, Finance, or Business is required.
• 5+ years of experience required.
• Proficient understanding of US GAAP, financial statements, and accounting theory required, including SOX compliance.
• Strong knowledge of FIFO and standard costing methodologies.
• Proactive advocate of change through analysis of the business processes.
• Advanced skill in Excel, Word with strong written and oral communication skills that enables clear communication to all levels of management.
• Intermediate ERP Systems experience with Microsoft D365 preferred.
• Execute responsibilities with a sense of urgency and follow-through.
• Demonstrated abilities to prioritize and manage multiple assignments in a fast-paced environment to meet deadlines with efficiency and accuracy.

About Us

At CECO Environmental, we are committed to a culture where every employee is valued and respected for their unique experiences and perspectives. We believe a diverse and inclusive work environment contributes to the rich exchange of ideas and diversity of thoughts, that inspires innovation and brings the best solutions to our customers. We offer a variety of medical insurance plans, with dental and vision coverage, Employee 401(k), tuition reimbursement, and much more. We are committed to providing a workplace free of any discrimination or harassment.