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Cost Accounting Manager

Job in Madison, Dane County, Wisconsin, 53774, USA
Listing for: Institute of Management Accountants, Inc.
Full Time position
Listed on 2026-01-05
Job specializations:
  • Finance & Banking
  • Accounting
Salary/Wage Range or Industry Benchmark: 100000 - 120000 USD Yearly USD 100000.00 120000.00 YEAR
Job Description & How to Apply Below

Job Title: Cost Accounting Manager

Location: Madison, WI

Employment Type: Direct Hire

Salary Range: $100,000-$120,000

A  is partnering with a client in Madison to fill a Cost Accounting Manager role that offers the opportunity to lead a critical finance function directly impacting operational performance and profitability. This position will influence decision‑making at multiple levels, collaborate cross‑functionally with plant and executive leadership, and help shape financial strategy within a dynamic, sustainability‑focused manufacturing environment.

About the Role

We are seeking a hands‑on and strategic Cost Accounting Manager to lead the cost accounting function across multiple manufacturing facilities. This role oversees product costing, inventory controls, and manufacturing variance reporting while partnering closely with Finance and Operations leadership to drive cost transparency, standardized reporting, and profitability improvements.

Industry: Thermoforming / Packaging / Manufacturing

Key Responsibilities Leadership & Business Partnership
  • Lead the cost accounting function and provide direction to team members
  • Serve as the primary Finance partner to Operations leadership
  • Support sales, production, and special projects through financial analysis and insights
  • Champion the use of Power BI and Oracle PBCS to enhance reporting and decision‑making
Cost Accounting & Analysis
  • Maintain standard costs, BOM accuracy, and labor/overhead rates within ERP (Oracle)
  • Develop and maintain material and resource rates to support pricing and GAAP compliance
  • Analyze and explain manufacturing variances with actionable recommendations
  • Lead cost modeling for new product development, including pricing and margin analysis
  • Provide financial analysis by product line, platform, customer, and territory
Inventory & Compliance
  • Ensure accurate inventory valuation and reconciliation across all facilities
  • Oversee physical inventories, cycle counts, and year‑end observations
  • Review internal labor and material costs for appropriateness and fiscal control
  • Ensure GAAP compliance and support internal and external audits
Financial Planning & Capital
  • Lead capital expenditure payback analysis (NPV, IRR, payback)
  • Support annual budgeting, forecasting, and monthly reporting
  • Coordinate journal entries, account reconciliations, and cost allocations during close
Continuous Improvement
  • Drive process improvements aligned with departmental and company goals
  • Develop and standardize dashboards and KPIs to monitor cost performance
Qualifications Required
  • Bachelor's degree in Accounting, Finance, or related field
  • 5+ years of progressive cost accounting or manufacturing finance experience
  • Strong knowledge of GAAP, standard costing, inventory valuation, and manufacturing operations
  • Advanced Excel skills and ERP experience (Oracle preferred)
  • Ability to communicate financial information clearly to operational leaders
Preferred
  • CPA or CMA certification
  • Experience in plastics, thermoforming, or medical/food‑grade manufacturing
  • MBA or advanced degree in Accounting or Finance
  • Power BI and Oracle PBCS experience
  • Public accounting experience (audit or assurance)
  • Familiarity with Lean manufacturing, process improvement, or Six Sigma
Key Competencies
  • Strong leadership and influencing skills
  • Strategic and analytical thinking
  • Effective cross‑functional communication
  • Ability to manage multiple priorities in a fast‑paced environment
  • High integrity, accountability, and commitment to continuous improvement

A  Employment Services is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veterans' status.

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