Cost Accountant

Location: Linthicum Heights

Description

We are looking for a detail-oriented Cost Accountant to support the financial oversight of complex project-based manufacturing work in Linthicum, Maryland. This position plays a key role in monitoring project costs, guiding revenue recognition, and producing accurate financial insights that help improve profitability and operational decision-making. The ideal candidate is comfortable working across finance and operations, managing deadlines, and translating project activity into clear financial reporting.

Responsibilities:

- Manage the financial performance of assigned projects by overseeing budgets, projections, cost accumulation, and margin analysis from initiation through completion.

- Review labor, materials, overhead, and subcontractor expenses to ensure project costs are recorded accurately and reflected in a timely manner.

- Work closely with project managers and operational teams to confirm financial inputs, evaluate developing issues, and highlight potential cost or profit concerns early.

- Apply appropriate revenue recognition treatment based on contract terms and project progress, including percentage-of-completion or milestone-driven methods where required.

- Prepare monthly close activities for project accounts and deliver reporting on revenue, backlog, profitability, and forecasted outcomes within established deadlines.

- Build and maintain cost-to-complete models and forward-looking financial forecasts, then analyze variances against budget or prior expectations.

- Maintain organized supporting documentation and strong audit-ready records to reinforce compliance, transparency, and reporting accuracy.

- Partner with engineering, procurement, operations, and finance leadership to align financial results with project execution and improve decision support.

- Contribute to internal control compliance, audit requests, and process improvements that strengthen efficiency, consistency, and scalability across project accounting activities.

Requirements - Experience in cost accounting within a manufacturing, engineered-to-order, or project-based environment.

- Working knowledge of revenue recognition guidance, including ASC 606 and percentage-of-completion accounting concepts.

- Strong background in project cost tracking, forecasting, variance analysis, and cost-to-complete evaluation.

- Ability to interpret contracts and connect operational milestones to appropriate financial treatment.

- Proficiency in preparing accurate monthly financial reporting while meeting strict reporting timelines.

- Effective communication skills with the ability to collaborate across finance, operations, engineering, and project management teams.

- High attention to detail and a disciplined approach to documentation, controls, and audit support.

- Familiarity with manufacturing costs, standard costing principles, and complex project accounting practices.

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