Cost Accountant

Midstate Machine, a division of Precision Holdings, delivers comprehensive engineering solutions with expertise in machining, fabrication, assembly, additive manufacturing, finishing, and testing. Focused on creating turnkey solutions, the company specializes in producing complex, mission‑critical components. Known for its high‑quality services, Midstate Machine collaborates to meet the unique needs of its clients. The company is committed to providing cutting‑edge solutions that meet industry standards and exceed expectations.

This is a full‑time, on‑site role for a Cost Accountant located in Cincinnati, OH. The Cost Accountant will be responsible for managing cost accounting processes, preparing financial statements, and performing analytical tasks. The role requires working collaboratively with cross‑functional teams to achieve financial goals and enhance operational efficiency.

• Set standard costs of manufactured goods and review bill of materials with Operations team
• Analyze standard costs and review cost variances
• Investigate and resolve inventory adjustments
• Report on margins by product
• Perform account reconciliations
• Recommend opportunities for cost reduction and profit maximization
• Review and recommend changes to processes and procedures needed for data accumulation and reporting
• Advise management on appropriate costing based on financial data
• Assist with the coordination of the physical inventories
• Help implement and monitor cycle counts
• Assist and provide input on inventory reserves and obsolete inventory

• Bachelor’s degree in accounting or related field
• Two years experience in manufacturing
• Experience with MS Excel, Word, and Power Point