Cost Accountant/Financial Analyst

About The Company Our client is a leading manufacturing organization specializing in CNC machining and gear cutting services. With a strong commitment to quality, precision, and innovation, the company serves a diverse range of industries including aerospace, automotive, defense, and industrial machinery. Renowned for its advanced technological capabilities and skilled workforce, the organization strives to deliver exceptional products that meet the highest standards of performance and reliability. The company fosters a collaborative and dynamic work environment, encouraging continuous improvement and professional growth among its employees. About The Role The Cost Accountant role is a vital position within the manufacturing operations, responsible for overseeing job costing, financial analysis, and reporting in a CNC machining and gear cutting job shop environment. This role involves managing detailed job-level cost tracking from quotation through to completion, ensuring accurate cost capture and margin protection. The successful candidate will analyze actual versus estimated costs, maintain machine and labor rates, and collaborate closely with shop floor leadership to optimize profitability. The position offers an excellent opportunity for a detail-oriented finance professional to contribute to operational efficiency and financial performance in a fast-paced manufacturing setting. Qualifications Bachelor's degree in Accounting, Finance, or a related field2-5 years of cost accounting experience in a job shop, machine shop, or manufacturing environmentWorking knowledge of job costing, machine hour rate development, and WIP accountingFamiliarity with routings, work orders, and shop floor data collection (labor/machine time reporting)ERP experience with job shop systems (e.g., JobBOSS, E2/ProShop, Global Shop, Epicor, Infor, or similar)Advanced Excel skills (pivot tables, lookups, cost models)Solid understanding of GAAP as applied to inventory and cost of salesCPA, CMA, or progress toward certification is a plusAbility to walk the shop floor and communicate effectively with machinists and supervisors Responsibilities Maintain detailed job cost records for each work order, including material, direct labor, machine time, tooling, and outside processing costsAnalyze actual versus quoted/estimated costs at job close-out, reporting margin erosion and root causes such as setup overruns, cycle time variances, scrap, and reworkDevelop and sustain machine hour rates by work center, incorporating depreciation, tooling, and overhead costsSupport estimating and quoting processes by providing cost data on setup times, run times, material yield, and outside service costs; perform quote versus actual analysis to enhance future accuracyTrack and analyze setup versus run time by job and machine, identifying low-margin parts and customersReconcile work-in-progress (WIP) inventory by job, perform monthly valuation, and assess percent-complete status on long-running jobsMonitor scrap, rework, and first-pass yield metrics by job, machine, and operator, quantifying associated costsTrack costs of perishable tooling such as inserts, hobs, cutters, and grinding wheels, allocating these costs to relevant jobs and work centersCost and reconcile raw materials including bar stock, forgings, and castingsAnalyze capital expenditure requests, evaluating ROI, payback period, and capacity impact on machine ratesSupport month-end closing activities including WIP-to-finished goods transfers, COGS calculations, inventory reserves, and journal entries related to job costsAssist in physical inventory counts of raw materials, WIP, tooling, and finished goods to ensure data accuracyCollaborate with operations and purchasing teams on cost reduction initiatives and pricing strategiesProvide backup and support to the Division Controller on critical functions such as banking, payroll, financial close, KPI and scorecard reporting, and special projects Benefits Competitive salary packageHealth insurance coverage including medical, dental, and visionRetirement plan optionsPaid time off and holidaysOpportunities for professional development and career advancementCollaborative and innovative work environment Equal Opportunity Our client is an equal opportunity employer committed to fostering an inclusive workplace. We do not discriminate based on race, color, religion, sex, national origin, age, disability, or any other protected status. We encourage applications from candidates of diverse backgrounds and experiences to join our team and contribute to our continued success.