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Sr. Cost Accountant

Job in Concord, Cabarrus County, North Carolina, 28027, USA
Listing for: Vaco Recruiter Services
Full Time position
Listed on 2025-12-23
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Reporting, Accounting & Finance
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

Senior Cost & Inventory Accounting Specialist

Location: Charlotte Metro Area
Department: Corporate Finance

Position Overview

This role is responsible for ensuring the accuracy of product costing and inventory valuation across a high-volume production environment. The Senior Cost & Inventory Accounting Specialist acts as a financial partner to operations, providing clear visibility into material flows, manufacturing performance, and cost drivers. This individual plays a key part in the month-end close, supports leadership with meaningful analysis, and helps strengthen the company’s internal processes as the business continues to scale.

Primary Responsibilities
Inventory & Cost Oversight
  • Maintain detailed records of material, in-process, and finished goods inventory, ensuring all activity is properly captured.

  • Validate the accuracy of cost layers, labor rates, and overhead components used in product costing.

  • Review and update cost models when purchasing, production, or operational assumptions change.

Close Activities & Account Reconciliation
  • Prepare financial entries and supporting schedules tied to inventory and production-related costs during each close cycle.

  • Compare operational inventory reports to the general ledger and resolve differences promptly.

  • Support cost roll-ups and perform analyses that explain manufacturing and material cost movements month over month.

Operational Cost Analysis
  • Investigate deviations between expected and actual production costs, identifying underlying drivers.

  • Review pricing fluctuations, usage trends, and manufacturing efficiency metrics to provide insights to operational leadership.

  • Monitor items that are slow-moving or no longer needed and recommend reserve levels or adjustments as appropriate.

Physical Inventory & Internal Controls
  • Participate in periodic inventory counts and cycle-count programs, ensuring accurate execution and reconciliation.

  • Assess the adequacy of inventory-related controls and ensure transactions (receipts, transfers, adjustments) adhere to policies.

  • Partner with warehouse and production teams to correct discrepancies and reinforce best practices.

Reporting & Insight Delivery
  • Develop management reports that summarize cost trends, inventory activity, risks, and improvement opportunities.

  • Provide clear communication to finance and operational leaders around cost behavior and inventory performance.

  • Support internal and external audit requirements with timely reporting and supporting documentation.

Process & Systems Development
  • Identify areas where cost or inventory workflows can be enhanced and propose practical improvements.

  • Assist with enhancements to ERP modules or reporting tools that strengthen data accuracy and transparency.

  • Contribute to long-term initiatives aimed at optimizing costing methodologies and operational efficiency.

Required Experience & Skills
  • Bachelor’s degree in Accounting, Finance, or a related field.

  • 5–7+ years of experience supporting cost or inventory accounting within a production or manufacturing environment.

  • Strong understanding of product costing concepts, inventory valuation techniques, and cost analysis.

  • Comfortable working in an ERP environment; able to navigate complex inventory and costing modules.

  • High proficiency in spreadsheet analysis and ability to interpret both financial and operational data.

  • Excellent attention to detail, strong organizational habits, and consistent follow-through.

Preferred Background
  • Experience with multi-step manufacturing processes or environments with complex inventory structures.

  • Exposure to process-improvement methodologies (LEAN, continuous improvement, etc.).

  • Audit support experience or familiarity with internal control frameworks.

  • Ability to work with data visualization or reporting tools.

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