Sr Cost Accountant

Responsibilities

• Maintain and monitor product costing, including standard costs, bills of materials, labor, and overhead rates.
• Analyze manufacturing and inventory transactions to ensure accurate cost accounting and inventory valuation.
• Review and reconcile inventory balances, cost layers, reserves, and related general ledger accounts.
• Support periodic cost updates, standard cost rolls, and inventory revaluations.
• Ensure inventory and cost transactions are recorded accurately and in accordance with company policy and accounting standards.
• Support inventory reserve analysis, physical inventory counts, cycle counts, and related inventory controls.
• Prepare and analyze manufacturing variances, including purchase price, labor, overhead, scrap, material usage, and production variances.
• Investigate manufacturing variances and partner with Operations and Supply Chain teams to identify root causes and explain key drivers.
• Analyze manufacturing cost trends and identify unusual results, risks, or opportunities.
• Provide margin analysis, profitability reporting, and cost insights to Finance and Operational leadership.
• Prepare recurring and ad hoc financial reports related to plant performance, inventory, manufacturing costs, and cost of goods sold.
• Clearly communicate financial results and cost drivers to finance and non-finance stakeholders.
• Support monthly, quarterly, and annual close processes for inventory and cost accounting.
• Prepare journal entries, accruals, account reconciliations, and supporting schedules related to inventory, cost of goods sold, and manufacturing expenses.
• Ensure timely and accurate completion of close deliverables and supporting documentation.
• Maintain and strengthen controls around inventory movement, cycle counts, physical counts, and financial reporting.
• Support internal and external audit requests tied to inventory and cost accounting.
• Identify accounting, control, or data-quality issues and drive them through resolution.
• Partner with Operations, Procurement, Engineering, and Supply Chain teams to improve the accuracy of costing inputs and reporting.
• Identify and implement opportunities to simplify and standardize costing and inventory processes.
• Support ERP transactions, data validation, system enhancements, and process improvements related to costing and inventory.
• Recommend practical improvements to reduce manual work, improve reporting quality, and enhance data accuracy.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field.
• 6+ years of accounting experience, with relevant experience in cost accounting, inventory accounting, or manufacturing finance.
• Strong knowledge of standard costing, inventory accounting, reconciliations, manufacturing variances, and cost of goods sold.
• Experience with standard cost updates, BOM/routing reviews, inventory reserves, cycle counts, and physical inventory processes.
• Experience within a manufacturing, distribution, or product-based environment preferred.
• Solid understanding of U.S. GAAP, general accounting principles and internal controls.
• Proficiency in ERP systems (Oracle preferred) and Microsoft Excel.
• Strong analytical and problem-solving skills with the ability to identify and explain manufacturing