Sr. Cost Accountant

We are looking for an experienced Sr. Cost Accountant to support manufacturing finance activities for a company in Minneapolis, Minnesota. This long-term contract position will focus on product costing, inventory valuation, cost analysis, and financial reporting across production operations while partnering with cross-functional teams to strengthen profitability and operational performance.

Responsibilities

• Oversee standard cost maintenance and evaluate material, labor, and overhead components to ensure accurate product costing.
• Manage inventory accounting activities, including valuation reviews, cost of goods sold analysis, and manufacturing-related financial reporting.
• Prepare recurring journal entries, reconciliations, and supporting documentation tied to inventory and cost accounting cycles.
• Review production and purchase price variances, identify meaningful trends, and highlight financial risks and improvement opportunities.
• Contribute to month-end, quarter-end, and year-end close processes related to manufacturing and inventory accounting.
• Work closely with operations, procurement, engineering, and supply chain partners to understand cost drivers and improve financial visibility.
• Build analyses and financial models that support margin improvement efforts, pricing evaluations, and capital planning decisions.
• Support cycle counts, physical inventory activities, reserve analysis, and reconciliation efforts to promote inventory accuracy and control.
• Assist with audit requests, internal control activities, cost roll updates, and system or process enhancements affecting cost accounting workflows.

Requirements

• 7+ years of experience in cost accounting, cost analysis, or manufacturing finance roles.
• Strong background in manufacturing cost accounting, including standard cost development and variance analysis.
• Demonstrated knowledge of inventory valuation, cost of goods sold, and production-related accounting practices.
• Experience preparing journal entries, reconciliations, and financial close support for manufacturing environments.
• Ability to interpret operational and financial data to identify cost trends, risks, and performance opportunities.
• Proven skill in partnering with cross-functional teams to support decision-making and improve financial outcomes.
• Proficiency in cost accounting principles, financial modeling, and analytical problem-solving.
• Strong written and verbal communication skills with the ability to present findings clearly to finance and operations stakeholders.

Benefits

• Medical, vision, dental, and life and disability insurance.
• Eligibility to enroll in the company 401(k) plan.