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Cost Accountant

Job in Detroit, Wayne County, Michigan, 48228, USA
Listing for: The HT Group
Contract position
Listed on 2026-01-06
Job specializations:
  • Finance & Banking
    Financial Analyst
  • Accounting
    Cost Accountant, Financial Analyst
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below
Position: Cost Accountant (Contract)

Contract – Onsite (NE Detroit) – $35‑40/hr – W2

The Cost Accountant will join a lean finance and operations team of a growing manufacturer. The role’s primary objective is to ensure accuracy of product costing, manage inventory cost flows, analyze cost variances, support quarter‑end/month‑end close, and drive cost control initiatives. Potential conversion to a permanent cost accounting position for the right mix of experience and culture fit.

Key Responsibilities
  • Establish and update standard costs for materials, labor and overhead across products and production lines.
  • Analyze manufacturing cost variances: material usage/price, labor efficiency/variance, overhead absorption, scrap/rework.
  • Prepare monthly cost reports and variance summaries for plant leadership and finance.
  • Support product line profitability review and cost modelling for new products or process changes.
Inventory & Production Accounting
  • Perform monthly reconciliation of raw materials, WIP and finished goods: ERP vs GL, inventory valuation, obsolescence/scrap reserves.
  • Coordinate physical inventory/cycle count procedures and follow‑up on discrepancies.
  • Work with operations/engineering to identify waste, process inefficiencies, cost reduction opportunities.
Budgeting, Forecasting & Continuous Improvement
  • Assist with annual budget preparation and quarterly cost forecasting for manufacturing operations.
  • Provide cost‑impact analysis of process improvements, capital projects, design changes or new product introductions.
  • Collaborate cross‑functionally (Operations, Procurement, Engineering) to drive continuous cost improvement and lean accounting practices.
Internal Controls & Reporting
  • Ensure cost accounting policies, standard costing and inventory valuations align with company standards (GAAP or internal).
  • Maintain documentation and support for internal/external audits relating to cost/inventory.
  • Participate in finance/operational systems improvement (ERP cost modules, dashboards, Power BI/Excel automation).
Qualifications
  • Bachelor’s degree in Accounting, Finance or related field. CPA, CMA, or pursuing certification is a plus.
  • Minimum 2 years of cost accounting, manufacturing finance or plant accounting experience. Experience with a high‑volume manufacturing plant is preferred.
  • Experience with Sage 500 or MAS 500 ERP systems required.
  • Intermediate‑to‑advanced MS Excel proficiency required.
  • Experience with BOMs, work‑orders, routers, cost‑rollups.
  • Excellent analytical skills, detail‑oriented, with the ability to explain cost variances and partner with operations.
  • Ability to work in a fast‑paced manufacturing environment during contract period and proactively transition to a permanent mindset.
  • Strong communication and collaboration skills: will work across finance, operations, procurement, engineering.
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