Cost and Inventory Manager
Job in
Milwaukee, Milwaukee County, Wisconsin, 53244, USA
Listed on 2026-06-19
Listing for:
Intangible Assets
Full Time
position Listed on 2026-06-19
Job specializations:
-
Finance & Banking
Financial Reporting, Accounting Manager, Financial Analyst -
Accounting
Cost Accountant, Financial Reporting, Accounting Manager, Financial Analyst
Job Description & How to Apply Below
Manager, Inventory & Cost Accounting
Position OverviewWe are seeking a hands‑on Manager of Inventory & Cost Accounting to lead cost accounting and inventory finance across a multi‑facility manufacturing and distribution environment.
This role partners closely with Operations to strengthen inventory accuracy, improve cost visibility, and deliver actionable manufacturing margin insights. The position will lead the cost accounting function, mentor a Cost Accountant, and build scalable processes, reporting, and controls.
The ideal candidate is both strategic and hands‑on‑someone comfortable working with plant operations, improving processes, and diving into detailed cost analysis when needed.
Cost Accounting Leadership- Lead the cost accounting function and mentor the Cost Accountant.
- Manage and continuously improve standard costing
, including annual cost roll and overhead rate updates. - Ensure accurate BOMs, routings, labor, overhead, and material cost structures
. - Analyze standard vs. actual variances and partner with Operations to address root causes.
- Partner with Operations and Inventory Control to ensure accurate inventory reporting across facilities
. - Review and validate financial impact of cycle counts, physical inventories, and inventory adjustments
. - Monitor and report on inventory accuracy, aging, scrap trends, and excess/obsolete inventory
.
- Deliver monthly gross margin reporting by product line, customer, and location.
- Provide insights on product profitability, cost drivers, and operational performance trends
. - Evaluate cost impacts from product design, material changes, or manufacturing process updates
.
- Partner with Operations on new product launches, costing, and process improvements
. - Support Engineering and Supply Chain with cost impact analysis for sourcing or design changes
. - Serve as Finance's primary partner to plant and operations leadership for cost and inventory matters.
- Own finance responsibilities within the ERP cost and inventory modules
. - Build scalable reporting, internal controls, and dashboards (e.g.,
Power BI
) to improve visibility and decision‑making.
- Lead inventory and cost accounting activities during month‑end close
. - Maintain inventory reserves, WIP valuation, job reconciliations, and variance analysis
. - Support audits and financial reporting requirements.
- 10+ years of cost accounting experience in a manufacturing environment.
- Strong expertise in standard costing, inventory accounting, and manufacturing finance
. - Experience partnering directly with plant operations and supply chain teams
. - ERP experience supporting manufacturing cost accounting
. - Strong analytical and problem‑solving skills with the ability to translate operational data into financial insights.
- Bachelor's degree in Accounting, Finance, or related field
. - CPA or CMA preferred
.
Within the first 12 months, this leader will:
- Establish reliable cost and inventory reporting processes
- Improve inventory accuracy and financial visibility
- Strengthen BOM and routing cost integrity
- Deliver consistent, actionable margin reporting
- Build a strong partnership between Finance and Operations
- Successfully mentor and develop the Cost Accountant
- Dental insurance
- Health insurance
- Vision insurance
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