Jobs · Accounting · Indiana

Cost Accounting Manager

Rea Magnet Wire · Lafayette, IN · 3 mo ago
AccountingFull-time

Duties And Responsibilities

  • Develop, maintain, and continuously improve the company’s unit costing and standard cost models
  • Ensure product and customer margin accuracy and consistency across the organization
  • Support pricing decisions through margin analysis, what-if scenarios, and sensitivity analysis
  • Partner with Commercial teams on quoting, contract reviews, and margin improvement opportunities
  • Partner with Operations and Supply Chain to validate cost inputs, routings, and assumptions
  • Lead standard cost setting, annual updates, and ongoing variance analysis
  • Analyze and explain material, labor, overhead, and yield variances
  • Support raw material pass-through logic and margin protection mechanisms
  • Identify margin erosion risks and proactively escalate concerns to finance leadership
  • Ensure costing logic is clearly documented, understood, and trusted by stakeholders
  • Support capital and process improvement projects with cost and margin impact analysis

Position Specification

  • Bachelor’s degree in Engineering, Finance, Accounting, or related field; MBA preferred
  • Strong manufacturing, operations, or industrial engineering background
  • Demonstrated experience with standard costing and variance analysis
  • Advanced Excel and analytical modeling skills; ERP experience preferred
  • Ability to communicate complex cost concepts clearly to non-finance partners
  • Confident, fact-based approach to challenging assumptions and decisions

Performance Standards

  • Accuracy and credibility of product and customer margins
  • Timeliness and usefulness of costing support for pricing and investment decisions
  • Adept adoption and trust of costing models by Commercial and Operations teams
  • Proactive identification of margin risks and improvement opportunities

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