Cost Accountant

About Us

Velocity and its portfolio of brands are the nation’s leading builders of Re-Engineered Classics™ , redefining what it means to own a classic. Our vehicles aren’t just restored; they’re entirely reborn. By blending timeless design with today’s performance, comforts, and technology, we set the standard for how classics are built, owned, and driven. Every product we create is crafted without compromise, honoring the past while delivering the experience of today.

Success at Velocity requires a "whatever it takes" mentality.

• We embody grit, demonstrating perseverance, resilience, and unwavering determination in the face of challenges.
• We are adaptable, embracing change, adjusting to new circumstances, and continuously seeking ways to improve processes and outcomes- because growth does not come from comfort.
• We take ownership, assuming full responsibility for tasks, decisions, and outcomes, whether successes or setbacks, without shifting blame. "That's not my job" is not in our vocabulary; when one part of our team falls short, we all do.
• Finally, our ambition fuels our drive to excel, improve, and uphold the highest standards for both personal and professional growth. This mindset defines who we are and ensures our continued success.

The Cost Accountant is responsible for analyzing, tracking, and reporting on all costs associated with company operations to ensure financial accuracy, profitability, and operational efficiency. This role plays a critical part in establishing standard costs, monitoring variances, improving processes, and advising leadership on cost-related decisions. The Cost Accountant ensures compliance with Generally Accepted Accounting Principles (GAAP) and provides data-driven insights to support strategic and operational goals.

Individual Contributor

Controller

• Analyze fixed and variable costs to determine profit margins and operational performance.
• Set and maintain standard costs for manufactured goods.
• Partner with Engineering to build, validate, and maintain accurate BOMs and routers—including material, labor hours, work-center rates, and outside-processing costs—and keep them current as designs change.
• Work alongside Production to understand build flow, work-order stages, and labor capture, and translate what actually happens on the floor into accurate cost records.
• Analyze actual versus standard material, labor, and overhead by build and report margin by vehicle and program.
• Establish and evaluate costs of business processes including administration, labor, shipping, warranty, and overhead.
• Track inventory levels and monitor cost fluctuations.
• Investigate and resolve cost variances and financial discrepancies.
• Identify trends and recommend cost-reduction strategies to improve profitability and minimize waste.

• Forecast cost-related changes, risks, and financial impact for quarterly and annual planning.
• Perform account reconciliations and maintain accurate general ledger records.
• Prepare cost related analyses and present findings to management.
• Support the management of the company’s balance sheet and accounting records.

• Maintain accurate financial records and review supporting documentation to detect inaccuracies.
• Ensure all financial reporting complies with Generally Accepted Accounting Principles (GAAP).
• Support internal and external audit processes.

• Collaborate cross-functionally to identify root causes of discrepancies and implement corrective actions.
• Partner directly with the Controller on month-end close, margin and variance analysis, and cost-related reporting to ownership.
• Advise…