Cost Accountant

We are seeking a highly skilled Cost Accountant to manage and optimize our cost accounting and inventory processes. The ideal candidate will be responsible for analyzing cost-related data, identifying process constraints, and supporting key business decisions through insightful reporting. This position plays a crucial role in managing inventory levels, performing audits, and ensuring the accuracy of costing systems. Additionally, the role is responsible for cycle counts and the annual physical inventory process. Reporting to the CFO, the Cost Accountant will serve as a key contributor to business decision-making through detailed financial and operational analysis.

Key Responsibilities:

• Plan, study, and collect data to determine costs of business activities such as raw material purchases, assembly costs, and intercompany transfers.
• Analyze changes in product design, raw materials, manufacturing methods, and services to assess their impact on costs.
• Lead the monthly financial inventory closing process, including journal entries, variance analyses, and account reconciliations.
• Manage inventory levels and perform inventory audits, cycle counts, and adjustments reporting.
• Review and investigate purchasing variances and provide explanations on a routine basis.
• Prepare audit reports and assist with external auditors' analysis of inventory.
• Monitor and manage excess, obsolete, and non-conforming inventory.
• Track material flow in and out of facilities, ensuring accuracy and efficiency.
• Provide management with detailed reports comparing factors affecting product pricing and profitability.
• Maintain the integrity of the Cost and Inventory Accounting System.
• Perform daily, weekly, and monthly batch processing, including period-end closing activities.
• Conduct physical inventory counts and manage final valuation. Oversee cycle count programs and investigate variances.
• Review average and actual costs for discrepancies.
• Analyze and report on profit margins and volume mix.
• Manage Balance Sheet inventory accounts and ensure accuracy.
• Identify and recommend cost-effective solutions to optimize inventory and cost management.
• Review cost estimates for new, existing, and proposed products to validate pricing and profitability.
• Perform in-depth variance analysis and provide budget, forecast, or year-over-year bridges.
• Assist with balance sheet budgets and forecasts for inventory.
• Provide support to Accounting and Operations teams as needed.
• Perform other duties as assigned.

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum of 3-5 years of experience in cost accounting and inventory management in a manufacturing environment.
• Strong knowledge and hands-on experience with cost accounting principles and inventory management practices.
• Experience with Microsoft Excel (advanced), PowerPoint, and ERP systems; familiarity with Sage 300.
• Proficiency in data analysis, financial modeling, and reporting.
• Strong understanding of manufacturing cost structures and inventory control.
• Ability to perform monthly variance analysis and investigate discrepancies.
• Experience with inventory audits, cycle counts, and physical inventory processes.
• Ability to multi-task, prioritize, and work under pressure to meet deadlines.
• Strong interpersonal, communication, and customer service skills.
• Lean manufacturing experience and Power BI knowledge is a plus.
• Experience with ERP and systems implementation is desirable.

If you are passionate about cost accounting, inventory management, and supporting critical business decisions in a manufacturing environment, we encourage you to apply. This is an excellent opportunity for an experienced analyst looking to make an impact in an evolving company.

We are seeking a highly skilled Cost Accountant to manage and optimize our cost accounting and inventory processes. The ideal candidate will be responsible for analyzing cost-related data, identifying process constraints, and supporting key business decisions through insightful reporting. This position plays a crucial role in managing inventory levels, performing audits, and ensuring the accuracy of costing systems. Additionally, the role is responsible for cycle counts and the annual physical inventory process. Reporting to the CFO, the Cost Accountant will serve as a key contributor to business decision-making through detailed financial and operational analysis.

Key Responsibilities:

• Plan, study, and collect data to determine costs of business activities such as raw material purchases, assembly costs, and intercompany transfers.
• Analyze changes in product design, raw materials, manufacturing methods, and services to assess their impact on costs.
• Lead the monthly financial inventory closing process, including journal entries, variance analyses, and account reconciliations.
• Manage inventory levels and perform inventory audits, cycle counts, and adjustments reporting.
• Review and investigate purchasing variances and provide explanations on a routine basis.
• Prepare audit reports and assist with external auditors' analysis of inventory.
• Monitor and manage excess, obsolete, and non-conforming inventory.
• Track material flow in and out of facilities, ensuring accuracy and efficiency.
• Provide management with detailed reports comparing factors affecting product pricing and profitability.
• Maintain the integrity of the Cost and Inventory Accounting System.
• Perform daily, weekly, and monthly batch processing, including period-end closing activities.
• Conduct physical inventory counts and manage final valuation. Oversee cycle count programs and investigate variances.
• Review average and actual costs for discrepancies.
• Analyze and report on profit margins and volume mix.
• Manage Balance Sheet inventory accounts and ensure accuracy.
• Identify and recommend cost-effective solutions to optimize inventory and cost management.
• Review cost estimates for new, existing, and proposed products to validate pricing and profitability.
• Perform in-depth variance analysis and provide budget, forecast, or year-over-year bridges.
• Assist with balance sheet budgets and forecasts for inventory.
• Provide support to Accounting and Operations teams as needed.
• Perform other duties as assigned.

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum of 3-5 years of experience in cost accounting and inventory management in a manufacturing environment.
• Strong knowledge and hands-on experience with cost accounting principles and inventory management practices.
• Experience with Microsoft Excel (advanced), PowerPoint, and ERP systems; familiarity with Sage 300.
• Proficiency in data analysis, financial modeling, and reporting.
• Strong understanding of manufacturing cost structures and inventory control.
• Ability to perform monthly variance analysis and investigate discrepancies.
• Experience with inventory audits, cycle counts, and physical inventory processes.
• Ability to multi-task, prioritize, and work under pressure to meet deadlines.
• Strong interpersonal, communication, and customer service skills.
• Lean manufacturing experience and Power BI knowledge is a plus.
• Experience with ERP and systems implementation is desirable.

If you are passionate about cost accounting, inventory management, and supporting critical business decisions in a manufacturing environment, we encourage you to apply. This is an excellent opportunity for an experienced analyst looking to make an impact in an evolving company.