Sr Cost Accountant

Key Responsibilities

• Cost Accounting and Inventory

• 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.

• Variance Analysis and Business Insight

• 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.

• Financial Close, Controls, & Reporting

• 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.

• Process Improvement & Cross-Functional Support

• 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 inAccounting, Finance, or related field.

• 6+ years of accounting experience, with relevant experience incost accounting, inventory accounting, or manufacturing finance.

• Strong knowledge ofstandard 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 amanufacturing, distribution, or product-based environmentpreferred.

• 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 cost drivers.

• Ability to communicate financial information effectively to Operations and other non-Finance stakeholders.

• Ability to work independently, manage recurring deadlines, and prioritize effectively in a fast-paced environment.

• Demonstrated continuous improvement mindset and ability to partner cross-functionally to drive issues to resolution.