Jobs · Accounting · Minnesota

Staff Accountant – Cost Accounting

Innovance Inc. · Albert Lea, MN · 4 days ago
AccountingFull-time

About Lou-Rich

Lou-Rich is a fully integrated contract manufacturer specializing in complex projects. We provide precision machining, metal fabrication, assembly, and sourcing solutions to a variety of industries, including some of North America’s largest OEMs. Companies of all sizes from Fortune 500 companies to small, fast-growing operations trust Lou-Rich with their most vital and complex manufacturing projects.

Responsibilities

  • Analyze and maintain product costing, including standard costs, inventory valuation, and manufacturing variances.
  • Prepare and review journal entries, account reconciliations, and financial reports to support accurate month-end and year-end close processes.
  • Monitor inventory transactions, support physical inventory counts, and ensure inventory accuracy and compliance with company policies.
  • Partner with operations, production, and supply chain teams to analyze manufacturing performance, identify cost-saving opportunities, and improve profitability.
  • Absorb and support budgeting, forecasting, and financial planning activities by providing cost analysis and variance reporting.
  • Support internal and external audits and maintain compliance with accounting standards and internal controls.
  • Develop and improve accounting processes, reporting tools, and ERP system utilization to enhance efficiency and data accuracy.
  • Perform other accounting and financial analysis duties as assigned.

Requirements

  • Bachelor's degree in Accounting, Finance, or related field.
  • 3–7+ years of accounting experience, preferably in manufacturing.
  • Experience with cost accounting, inventory accounting, and financial analysis.
  • Strong proficiency in Excel and ERP systems.
  • Knowledge of GAAP and manufacturing cost principles.
  • CPA, CMA, or progress toward certification is often preferred.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Environment

The work environment characteristics described here are representative of those and employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Compensation Details

75000-90000 Yearly Salary

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