Cost Accounting Manager

Cost Accounting Manager

Location: Natick, MA (On-site or Hybrid)
Industry: Manufacturing
Employment Type: Full-time

We are a growing manufacturing company based in Natick, MA, dedicated to delivering high-quality products and innovative solutions to our customers. Our team values collaboration, continuous improvement, and excellence in everything we do. We are seeking a skilled Cost Accounting Manager to join our finance team and play a key role in driving operational and financial performance.

The Cost Accounting Manager will lead all aspects of cost accounting, inventory valuation, and manufacturing financial analysis. This position will partner closely with operations, supply chain, and finance leadership to provide insight into production costs, efficiency, and profitability. The ideal candidate has a strong manufacturing accounting background, excellent analytical skills, and the ability to translate financial data into actionable business recommendations.

• Oversee all cost accounting functions, including standard costing, variance analysis, and cost of goods sold (COGS) reporting.

• Maintain and update product cost standards and bills of materials (BOMs).

• Analyze manufacturing performance, labor and overhead absorption, and identify areas for cost improvement.

• Manage monthly closing activities related to inventory, work-in-progress (WIP), and cost accounting adjustments.

• Reconcile inventory accounts and ensure accurate valuation across all production sites.

• Prepare detailed cost reports and margin analysis to support pricing and product profitability decisions.

• Collaborate with operations and engineering on cost reduction initiatives and process improvements.

• Support annual budgeting and quarterly forecasting processes for manufacturing operations.

• Lead and develop a small team of cost or staff accountants (if applicable).

• Ensure compliance with GAAP, internal controls, and corporate financial policies.

• Education:
  
  Bachelor’s degree in Accounting, Finance, or related field required; CPA, CMA, or MBA preferred.

• Experience:
  
  5–8+ years of progressive cost accounting or manufacturing finance experience, including at least 2 years in a leadership role.

• Strong knowledge of standard costing, variance analysis, and inventory accounting.

• Experience with ERP systems (SAP, Oracle, or similar) and strong Excel skills.

• Excellent analytical, organizational, and communication skills.

• Ability to collaborate cross-functionally and influence decision-making.

• Competitive salary and comprehensive benefits package

• Opportunity to work in a growing, innovation-driven manufacturing environment

• Collaborative culture that values continuous improvement and professional development

• Convenient Natick location with access to public transportation and major highways

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting.

The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan.