Cost Accountant

Cost Accountant

We are looking for a Cost Accountant to support accurate financial reporting for manufacturing operations in Indianapolis, Indiana. This position focuses on evaluating production costs, interpreting cost data, and helping the business maintain sound accounting practices within a manufacturing environment serving the aviation and travel sector. The role requires strong knowledge of percentage-of-completion and completed-contract accounting, along with an understanding of revenue recognition guidance and core manufacturing cost drivers.

Responsibilities:

• Analyze manufacturing cost activity to ensure labor, material, and overhead are recorded accurately and reported in a timely manner.
• Prepare cost reports and variance analyses that highlight performance trends, production inefficiencies, and areas requiring financial review.
• Apply over-time and completed-contract accounting treatment appropriately based on the nature of products and services provided.
• Support revenue and cost recognition in alignment with ASC 606, contractual terms, and applicable shipping considerations such as Incoterms.
• Review production orders, bills of materials, and inventory transactions to confirm the integrity of standard and actual cost data.
• Partner with operations and finance teams to monitor inventory movements, cycle counts, and physical inventory results, resolving discrepancies when identified.
• Maintain and refine standard costing processes to improve visibility into product profitability and manufacturing performance.
• Assist with monthly and year-end close activities related to inventory valuation, cost allocations, and manufacturing financial reporting.