Cost Accountant

Cost Accountant

$85,000 - $100,000k; 10% bonus

The Senior Cost Accountant is responsible for overseeing and analyzing cost structures within a Food & Beverage environment. This role ensures accurate cost reporting, inventory valuation, and margin analysis while supporting operational efficiency, pricing strategies, and profitability across production, procurement, and distribution functions.

• Develop and maintain standard costing models for food, beverage, and packaging items
• Analyze variances between actual and standard costs (materials, labor, overhead)
• Monitor cost of goods sold (COGS) and identify trends impacting profitability
• Conduct menu and recipe costing, including yield and portion analysis

• Oversee inventory accounting, including raw materials, WIP, and finished goods
• Reconcile inventory discrepancies and manage cycle counts/physical counts
• Monitor spoilage, waste, and shrinkage; recommend corrective actions

• Prepare monthly cost reports, margin analysis, and management dashboards
• Support month-end and year-end close processes related to inventory and COGS
• Ensure compliance with GAAP/IFRS and internal financial controls

• Partner with procurement, production, and culinary teams to optimize costs
• Evaluate supplier pricing, contracts, and cost-saving opportunities
• Support new product development (NPD) with cost estimates and feasibility analysis

• Assist in annual budgeting and rolling forecasts for cost centers
• Track actual performance vs. budget and explain variances
• Provide actionable insights to improve operational efficiency

• Maintain and improve ERP systems and costing modules
• Implement best practices in cost accounting, inventory control, and reporting
• Drive automation and data accuracy initiatives