Cost Accountant

Job Location:

8103 Rankin Rd - Humble, TX 77396, Position Type:
Full Time, Education Level: 2 Year Degree, Travel Percentage:
None, Job Shift: AM Shift, Job Category:
Accounting,

CDI Products, a Michelin Group Company, is a global leader in high-performance polymer products, wear components, and functional parts. With locations across North America, Europe, the Middle East, and Asia-Pacific, we deliver fully integrated solutions from raw materials to finished products through in-house engineering and material development capabilities. Serving industries such as Aerospace, Automotive, Energy, Medical, Semiconductor, and Water Treatment, our materials and products are expertly engineered and tested on-site.

Our team is committed to innovation and excellence in delivering cutting-edge solutions around the globe.

This role is responsible for maintaining accurate product costing, inventory valuation, and manufacturing cost analysis to support financial reporting and operational decision-making. This position works closely with Accounting, Operations, Supply Chain, and other functional teams to ensure manufacturing costs are accurately recorded, analyzed, and reported. The Cost Accountant will play a key role in month-end close, inventory accounting, standard cost maintenance, variance analysis, and continuous improvement of cost accounting processes and internal controls.

• Maintain and analyze standard costs for materials, labor, and manufacturing overhead.
• Review and work with engineering to update product costs, bills of material (BOMs), routings, labor rates, and overhead rates as appropriate.
• Analyze actual manufacturing costs compared to standard costs and investigate significant variances.
• Prepare and analyze purchase price, material usage, labor, overhead, and manufacturing variances.
• Partner with Operations and Supply Chain to identify the drivers of unfavorable cost variances and opportunities for improvement.
• Complete annual standard cost updates, Work center rates, and periodic cost roll processes.
• Review new and existing product costing to ensure costs are complete, reasonable, and properly supported.
• Provide cost and margin analysis to support management decision-making.

• Maintain accurate inventory valuation in accordance with company accounting policies and applicable accounting standards.
• Reconcile inventory-related general ledger accounts to supporting subledgers and reports.
• Review inventory transactions for accuracy and investigate unusual or incorrect activity.
• Monitor inventory adjustments, scrap, cycle count variances, and other inventory movements.
• Support physical inventories and cycle count programs, including reconciliation and investigation of variances.
• Assist with analysis of excess, obsolete, and slow-moving inventory and calculation of related reserves.
• Review inventory ageing and trends and communicate potential financial risks to management.

• Prepare and post monthly journal entries related to inventory, cost of goods sold, manufacturing variances, accruals, and other cost accounting activities.
• Prepare monthly balance sheet reconciliations for assigned accounts.
• Complete month-end cost accounting activities in accordance with the established close calendar.
• Analyze monthly cost of goods sold and gross margin results and explain significant fluctuations.
• Prepare supporting schedules and analysis for monthly financial reporting.
• Assist with forecasting and budgeting for manufacturing costs, inventory, and cost of goods sold.
• Provide financial analysis and reporting to management as requested.

• Maintain appropriate internal controls over inventory and cost accounting processes.
• Ensure cost accounting activities comply with established company policies, procedures, and approval requirements.
• Maintain supporting documentation for journal entries, reconciliations, costing changes, and inventory adjustments.
• Support internal and external audits by preparing schedules, documentation, and explanations related to inventory and cost accounting.
• Identify control gaps and recommend improvements to strengthen financial processes and data integrity.

• Assist in documenting and maintaining internal controls and procedures.
• Identify process improvement opportunities within accounting operations.
• Perform other accounting and finance…