Senior Cost Accountant
Listed on 2026-08-11
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Accounting
Cost Accountant, Financial Reporting, Financial Analyst -
Finance & Banking
Financial Reporting, Financial Analyst
Job Description
The Sr Cost Accountant owns the end-to-end cost accounting function in a make-to-order and make-to-stock manufacturing environment. This role leads standard costing, inventory valuation, and manufacturing variance analysis, providing operations and leadership with the cost insight needed to price competitively, improve margins, and support strategic decision-making. The position also models cost scenarios for engineering changes and sourcing shifts, and supports forecasting of cost of goods sold, inventory, and gross margin during a period of significant business growth.
This is a hands‑on role that requires spending time on the shop floor to understand how products are built and working in the ERP system to ensure financial data accurately reflects operational reality.
Sr Cost Accountant
Responsibilities- Own and maintain standard costs, including material, labor, and overhead rates, and lead the annual standard cost roll and periodic cost updates.
- Maintain the integrity of bills of material (BOMs) and routings in partnership with Engineering and Operations, and investigate and resolve cost discrepancies.
- Own month‑end close activities for inventory and cost of goods sold, including preparing journal entries, performing reconciliations, and conducting account analysis.
- Analyze and report on manufacturing variances, including purchase price, material usage, labor efficiency, and overhead absorption, and identify root causes and recommend corrective actions.
- Value and reconcile raw material, work‑in‑process, and finished goods inventory, ensuring proper accounting treatment and performing reserve analysis for excess and obsolete inventory.
- Support and audit physical inventories and cycle count programs, investigate variances, and help strengthen inventory controls.
- Prepare product‑line and job‑level margin analysis, including gross margin bridges and trend analysis, to support pricing, quoting, and profitability decisions.
- Model cost scenarios for engineering changes and sourcing or supplier shifts, and quantify the financial and margin impact to support commercial and procurement decisions.
- Partner with Operations to identify cost‑reduction opportunities and quantify the financial impact of process improvements and engineering changes.
- Support budgeting and forecasting for cost of goods sold, inventory, and gross margin, and prepare capital expenditure analysis for the manufacturing operation.
- Serve as the primary finance point of contact for Operations, Supply Chain, and Sourcing on cost‑related matters.
- Provide cost data and support for internal and external audits.
- Develop and maintain reporting and dashboards that give leadership timely visibility into cost and margin performance.
- Ensure all cost accounting activities align with U.S. GAAP and internal financial policies.
- Work independently to own the cost accounting function end to end with minimal oversight, while collaborating effectively with cross‑functional partners.
- Bachelor's degree in Accounting, Finance, or a related field.
- 5+ years of accounting experience, including cost accounting experience in a manufacturing environment.
- Strong working knowledge of standard costing, inventory valuation, and manufacturing variance analysis.
- Strong understanding of U.S. GAAP as it applies to inventory and cost of goods sold.
- Proficiency with ERP/MRP systems such as SAP or similar platforms.
- Advanced Microsoft Excel skills for analysis, modeling, and reporting.
- Experience with general ledger accounting, journal entries, reconciliations, and month‑end close processes.
- Demonstrated experience with cost of goods sold analysis, cost control, and cost analysis.
- Experience with financial analysis and financial reporting related to manufacturing operations.
- Proven ability to work independently and own the cost accounting function end to end with minimal oversight.
- Strong analytical skills with high attention to detail and accuracy.
- Ability to communicate financial information clearly to non‑financial partners in engineering, production, and operations.
- Experience with manufacturing variance analysis, including purchase price, usage,…
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