Senior Cost Accountant
Spindrift Beverage Co, Inc. · Newton, MA · 4 wk ago
Hybrid$75k–$90k/yrFull-time
The Senior Cost Accountant is a key member of Spindrift's finance team, responsible for building and maintaining the cost accounting framework that supports informed decision-making across the business. This role is ideal for a detail-oriented, analytically minded professional who thrives in a fast-moving CPG environment and is passionate about driving financial clarity across manufacturing, supply chain, and operations. Responsibilities Reporting to the Controller, the Senior Cost Accountant's primary responsibilities are: Cost Accounting & Inventory Management Own and maintain standard costing for all SKUs, including raw materials, packaging, co-manufacturing, and overhead; update standards on a defined cycle and analyze variancesManage inventory accounting, including periodic physical inventory counts, cycle counts, and reconciliations between the ERP and warehouse management systemsRecord and analyze cost of goods sold (COGS) on a monthly basis; investigate and explain variances vs. standard and prior periodsMaintain accurate bill of materials (BOMs) and routing data in the ERP system in collaboration with Operations and Supply ChainSupport month-end close by preparing COGS schedules, inventory roll-forwards, and related journal entries Financial Planning & Analysis (Cost-Focused) Partner with Operations, Supply Chain, and Procurement to develop annual cost budgets and quarterly forecastsProvide variance analysis and actionable insights on manufacturing costs, freight, waste, and yields to support operational efficiency initiativesModel cost impacts of new product launches, packaging changes, sourcing shifts, and contract manufacturing agreementsSupport the annual operating plan (AOP) process by building detailed cost build-ups by product and channel Controls, Documentation & Continuous Improvement Ensure cost accounting activities comply with GAAP and internal control standards; support audit requests and external audit procedures related to inventory and COGSPartner with the broader accounting team to ensure accurate financial reporting and consistent application of accounting policiesIdentify and lead opportunities to improve cost accounting processes, reporting tools, and data integrity across systemsDocument cost accounting policies and procedures to support scalability and cross-functional knowledge sharing Requirements 3+ years of accounting experience, with at least 2 years in cost accounting or manufacturing finance; CPG, food & beverage, or consumer products experience strongly preferredStrong understanding of cost accounting principles, average costing, variance analysis, and inventory valuation (FIFO/weighted average)Experience managing month-end close processes and preparing COGS and inventory-related schedulesIntermediate to advanced Excel skills (pivot tables, lookups, financial modeling); experience building reports from ERP dataStrong analytical, organizational, and communication skills; comfortable presenting financial data to non-finance stakeholdersCPA or CMA preferred but not requiredBachelor's degree in Accounting required Preferred Tools & Experience Experience with NetSuite or similar ERP/accounting systems (NetSuite strongly preferred)Familiarity with co-manufacturing or contract manufacturing environmentsPrior exposure to trade promotion accounting or deduction management in a CPG environment is a plus Working Conditions Must be able to work from our Newton, MA office at least 4 days a week Benefits The salary range for this position is $75,000 to $90,000 and is dependent upon the candidate's experience prior to joining Spindrift. In addition, we offer the following compensation and benefits: Short-term incentive programs specific to level and department Medical, dental, and vision insurance, with a current employer contribution rate of 80% towards monthly premiums, regardless of plan type selected Company-paid life insurance, and a 401k retirement savings plan with a company match Monthly cell phone allowance Annual allowances for personal use of Spindrift product, health and wellness, professional development, and social justice education A host of voluntary benefits including but not limited to additional life insurance, short-term disability and long-term disability insuranceIn addition to any paid leave benefits required by regulation, the company provides paid parental leave, vacation, sick, personal, bereavement, community service, and holiday time