About This Role
This role oversees the financial performance of a manufacturing facility through accurate cost accounting, financial analysis, budgeting, and operational support. The Cost Accountant partners closely with plant leadership to drive profitability, identify cost-saving opportunities, and improve operational efficiency. It suits a hands-on finance professional with strong manufacturing and cost accounting experience, capable of translating financial data into actionable business insights.
Responsibilities
- Partner with the Plant Manager and site leadership team to drive financial performance and accountability across the facility
- Provide financial guidance and analysis to support operational and strategic decision-making
- Ensure compliance with corporate financial policies, procedures, and internal controls
- Assist in the development, implementation, and achievement of the annual operating budget
- Support plant leadership in achieving financial and operational objectives
- Analyze plant financial results and key performance indicators to identify opportunities for improved profitability and efficiency
- Prepare and present plant financial reports, scorecards, and performance metrics to plant and business unit leadership
- Monitor financial performance against budgets, forecasts, and business targets
- Develop recommendations to improve operational performance and reduce costs
- Participate in the plant forecasting process, including analysis of trends, variances, risks, and opportunities
- Provide accurate financial projections and business insights to support decision-making
- Collaborate with operations and leadership teams to align financial plans with business objectives
- Maintain accurate cost accounting systems and ensure proper allocation of labor, materials, and overhead costs
- Monitor manufacturing costs and analyze variances related to production, materials, labor, and inventory
- Oversee inventory valuation, cycle counts, physical inventories, and reconciliation processes
- Ensure accurate accounting and reporting of inventory, fixed assets, and manufacturing costs
- Implement and maintain effective controls to safeguard company assets
- Participate in month-end financial close activities, including journal entries, accruals, reconciliations, and balance sheet reviews
- Ensure timely and accurate financial reporting in compliance with company policies and accounting standards
- Support internal and external audits and provide required documentation
- Drive cost reduction initiatives and process improvements throughout the facility
- Support Lean Manufacturing, Six Sigma, and operational excellence initiatives
