Senior Cost Accountant

Job Summary

The Cost Accountant is responsible for developing, reviewing, and controlling standard costs while analyzing manufacturing variances and their impact on the P&L.

This position supports the monthly financial close process, inventory accounting, cost analysis, and financial reporting within a manufacturing environment. Responsibilities include reconciling raw materials, work-in-process (WIP), and finished goods inventory; calculating inventory turns and obsolescence; preparing month-end journal entries; reconciling accounts; reviewing monthly financials; and supporting effective gross margin management.

Essential Functions

• Update, monitor, and analyze the Cycle Count Program and assist with inventory audits.
• Execute monthly scrap reporting and help ensure a high degree of inventory accuracy through monitoring of the perpetual inventory system.
• Review and recommend potential write-offs of obsolete and damaged inventory and ensure accurate valuation of goods on hand.
• Assist in maintaining standard cost control systems and procedures.
• Maintain processes for creating and updating standard costs, including labor and overhead rate calculations.
• Monitor engineering change notifications and implement approved changes to Bills of Material (BOMs).
• Analyze and report manufacturing variances.
• Reconcile and analyze general ledger accounts.
• Review and analyze monthly manufacturing expenses.
• Support month-end close activities.
• Perform other duties as required.

Systems & Technical Skills

• Oracle costing and inventory modules
• Oracle ERP
• Microsoft Excel, including pivot tables and macros
• Microsoft Office
• Manufacturing inventory systems
• RF scanners
• Weighing/counting scales
• Knowledge of applicable ISO requirements

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 2–5 years of hands-on cost accounting experience, including inventory control experience within a manufacturing environment.
• Oracle ERP experience within a manufacturing environment is highly preferred.
• Strong knowledge of manufacturing BOMs, routers, WIP, and bottom-up standard cost creation.
• Strong knowledge of inventory management within a manufacturing environment.
• Advanced Microsoft Excel skills, including pivot tables and macros.
• Strong analytical, organizational, and planning skills.
• Strong interpersonal skills with the ability to build effective professional relationships across multiple levels of an organization.
• Strong attention to detail and ability to organize financial information logically and accurately.