Cost Accountant

About This Role

This is an opportunity to create an impact in an innovative company on a growth trajectory. The Senior Cost Accountant & Financial Analyst is responsible for the company's cost accounting, inventory accounting, management reporting, profitability analysis, and budgeting support activities. This role serves as a key business partner to manufacturing operations by providing accurate product costing, variance analysis, operational reporting, and financial insights that support effective decision-making.

Responsibilities

• Maintain standard costs for manufactured products and support periodic cost updates and cost rolls
• Review bills of material (BOMs), routings, labor standards, and overhead allocation methodologies for accuracy and reasonableness
• Analyze and explain material price, material usage, labor rate, labor efficiency, overhead spending, and overhead absorption variances
• Monitor inventory valuation and support compliance with U.S. GAAP
• Assist with the evaluation and documentation of reserves for excess, obsolete, and slow-moving inventory
• Reconcile inventory subsidiary records to the general ledger
• Prepare month-end journal entries and account reconciliations related to inventory and cost of goods sold
• Support annual physical inventories and ongoing cycle count programs
• Prepare inventory and cost accounting documentation requested by external auditors
• Prepare and maintain components of the monthly management reporting package
• Perform budget-to-actual, forecast-to-actual, and prior-year variance analysis
• Analyze sales, gross margin, customer, product line, and manufacturing performance
• Develop and maintain financial and operational key performance indicators (KPIs)
• Prepare recurring and ad hoc reports that identify trends, risks, and opportunities
• Communicate financial findings in a clear and actionable manner to finance and operational leadership
• Assist the Vice President of Finance with the annual budget and periodic forecast processes
• Gather and validate operational assumptions and supporting information from department leaders
• Maintain budget and forecast models, schedules, and supporting documentation
• Analyze trends and variances that may affect projected financial performance
• Provide supporting analysis for revenue, gross margin, operating expenses, inventory, and capital expenditures
• Partner with Operations, Supply Chain, Engineering, and Sales to improve cost visibility and operational performance
• Analyze labor utilization, production efficiency, machine utilization, scrap, and manufacturing throughput
• Provide cost and margin analysis to support pricing and customer profitability reviews