Senior Cost Accountant

Overview

The Senior Cost Accounting Manager owns the company’s cost accounting, inventory valuation, cost of goods sold (COGS), manufacturing variance analysis, and related internal control processes. This role ensures the accuracy and integrity of inventory, work-in-process (WIP), consignment inventory, intercompany inventory, excess and obsolete inventory, warranty cost, and fixed asset accounting. The position partners closely with Finance, Operations, Production, Purchasing, Engineering, Sales/Application teams, Stockroom, Shipping, Quality, and IT to improve cost visibility, strengthen ERP data quality, and provide timely financial insight for operational and strategic decision-making.

This role reports to the Director of Finance and Administration.

• Accurate, timely monthly close for inventory, COGS, manufacturing variances, fixed assets, and related balance sheet accounts.
• Reliable average costs, labor and overhead rates, inventory reserves, and job/project variance explanations.
• Strong internal controls, clean audit support, and well-documented inventory and fixed asset processes.
• Actionable financial reporting that helps Operations and Finance identify cost drivers, margin trends, and process improvement opportunities.

• Develop, analyze, and update average costs for materials, labor, overhead, departmental allocations, and inventory absorption.
• Own inventory valuation for stock/raw materials, WIP, finished goods, consignment inventory, intercompany inventory, and excess or obsolete inventory reserves.
• Review and explain material usage, purchase price, labor, overhead, absorption, job/project, inventory adjustment, warranty, and COGS variances; partner with operations to resolve root causes.
• Lead job and project closing governance by ensuring variances are investigated, corrective actions are assigned, and jobs are closed accurately and on time.
• Coordinate physical inventory counts and document cycle-count activities for WIP, consignment, and other inventory categories; reconcile results and drive corrective actions for count variances.
• Review obsolete and slow-moving inventory monthly and facilitate quarterly management review of inventory reserves and disposition recommendations.

• Own weekly, monthly, quarterly, and annual close activities related to inventory, COGS, manufacturing variances, fixed assets, warranty, and assigned balance sheet accounts.
• Prepare and/or review journal entries, account reconciliations, flux analyses, depreciation forecasts, inventory reserve calculations, and supporting close schedules.
• Ensure compliance with U.S. GAAP, company accounting policies, SOX requirements, and internal controls related to inventory cost, fixed assets, and manufacturing accounting.
• Maintain inventory flow charts, fixed asset documentation, control evidence, and process narratives; respond to internal and external audit requests accurately and on time.
• Support tax reporting schedules for inventory and fixed assets and provide documentation for lease, fixed asset, and other accounting areas as assigned.
• Support ASC 606-related cost analysis for bill-only, bill-and-hold, contract, or order-specific transactions when applicable.

• Serve as cost accounting business owner Epicor.
• Lead cost accounting data validation, application testing, scenario testing, report testing, master data review, and ERP change management for annual updates or system enhancements.
• Review ERP cost settings, suspense transactions, inventory transactions, and system exceptions; coordinate timely corrections with Finance, IT, and Operations.
• Partner with cross-functional teams to improve ERP workflows, automate reporting, reduce manual adjustments, and strengthen inventory and COGS accuracy.
• Document and standardize procedures, checklists, close calendars, and reporting packages to improve consistency, transparency, and scalability.

• Partner with Operations, Production, Purchasing, Engineering, Sales/Application teams, Stockroom,…