Cost Accounting Specialist

Key Responsibilities

• Maintain and update standard costs, bill of materials (BOM), routings, and cost roll-ups within the ERP system
• Analyze manufacturing variances, including material usage, labor efficiency, and overhead absorption; prepare monthly variance reports with explanations
• Support inventory valuation, cycle count analysis, and reconciliation of inventory discrepancies
• Aid in month-end and year-end closing activities, including cost accruals, journal entries, and financial reporting
• Conduct cost analysis for new products, engineering changes, and model year updates
• Partner with production and supply chain teams to evaluate cost drivers and identify opportunities for cost improvement
• Monitor and analyze key performance indicators (KPIs) related to manufacturing cost performance
• Ensure compliance with internal controls, accounting policies, and audit requirements
• Support cost forecasts, budget inputs, and financial models to assist with business planning
• Provide cost insights to leadership to support operational decision-making

Qualifications

• Strong understanding of cost accounting principles, inventory valuation, and manufacturing cost flows
• Proficiency in MS Office (Excel, Word, PowerPoint)
• Experience with standard costing, variance analysis, and cost reporting
• Ability to analyze complex data, identify trends, and communicate findings clearly
• Strong collaboration skills for working with production, engineering, and supply chain teams