Cost Accountant; Aerospace Industry
Listed on 2025-10-31
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Finance & Banking
Financial Analyst
Cost Accountant
New Production Site opening in Mendota Heights, MN! As our Cost Accountant, you will be responsible for product costing, variance analysis, inventory reporting, inventory valuation, ESHs reporting, quote costing support, budget reporting, and preparation of select budgeting and forecasting models.
What will you do?- Maintain monthly inventory valuation models, generate monthly inventory reports, coordinate annual physical inventory counts, prepare annual inventory audit schedules, and introduce cycle counting procedures.
- Calculate inventory obsolescence on a monthly basis and ensure obsolete inventory is identified and relieved from inventory when appropriate.
- Analyze and maintain inventory, material, and work center standard costs.
- Provide monthly margin analysis by part, customer, and product line to upper management.
- Play a key role in month‑end close process by managing plant‑related close activities and executing inventory valuation for final recording in financial statements.
- Report month‑end cost variance analysis for all cost centers and communicate any differences related to BOM issues.
- Account for and review tooling and pattern job analysis, track losses, reconcile costs at month end, and provide weekly reporting to upper management.
- Assist in calculation of activity, overhead, and standard rates for each cost center based on budget, actuals, and anticipated production hours.
- Work with engineering and manufacturing to maintain appropriate costing structure, including evaluating new equipment and cost center deployments.
- Create and provide production earned standard hours reports to departments on a timely basis.
- Assist controller with meaningful analysis for management, including monthly reporting on departmental budgets, inventory, and ad‑hoc items.
- Compile financial data from multiple sources into reporting formats that enable management to analyze business trends and cost variances.
- Provide financial analysis and support for quoting, price negotiations, and budget comparisons; design automated reports and create efficiencies to support requests.
- Participate in financial planning and budget preparation, including setting up and coordinating budgeting and planning processes.
- Participate in cross‑training activities and train new hires.
- Acquire additional certifications and credentials as required for work or career development.
- Bachelor’s degree in accounting.
- 2+ years of cost accounting, manufacturing experience preferred.
- Proficiency with Microsoft Office Suite and strong Excel skills (V‑lookups, pivot tables, IF and SUMIF statements).
- Experience with Oracle/ERP systems and financial reporting software, preferably QAD/MFG Pro 8.6.
- $100,000 to $140,000 DOE
- Quarterly bonus potential
- Positive and collaborative work environment
- Flexible schedule
- Paid training
- Educational assistance
- 401(k) with match
- Paid time off
- Paid holidays
Consolidated Precision Products (CPP) is an industry‑leading manufacturer of highly engineered components and sub‑assemblies for the commercial aerospace, military, and industrial markets.
CPP Corporation is an Equal Opportunity Employer that hires, trains, and promotes employees in all job classifications without regard to race, color, religion, age, sex, sexual orientation, gender identity, marital status, national origin, disability, veteran’s status, or other legally protected status.
Sponsorship is not available for this role. Candidates must be legally authorized to work in the U.S. on a permanent and consistent basis without company sponsorship now and in the future.
This position requires use of information or access to hardware subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR.
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