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Cost Accountant

Job in New Britain, Hartford County, Connecticut, 06051, USA
Listing for: PARKER HANNIFIN CORP
Full Time position
Listed on 2026-07-10
Job specializations:
  • Accounting
    Financial Analyst, Financial Reporting, Cost Accountant
  • Finance & Banking
    Financial Analyst, Financial Reporting
Salary/Wage Range or Industry Benchmark: 87050 - 145250 USD Yearly USD 87050.00 145250.00 YEAR
Job Description & How to Apply Below

Position Summary

Month-end accounting duties including journal voucher completion, account reconciliation, variance analysis, reports/statement preparation. Standard cost development, monthly variance application calculation.

Responsibilities
  • Work closely with the I/T Department for implementation of new system enhancements.
  • Direct interaction with supervisors and managers in the annual budgeting and planning process.
  • Responsible for inventory control for plant(s) using work orders and repetitive shop‑floor controls. Take lead in coordinating annual physical inventory.
  • Reconcile book to physical differences.
  • Develop and maintain written procedures and work‑instructions for division cost accounting duties.
  • Maintain standard costs for all part numbers and develop and enter standard costs for new or redesigned parts or Engineering Change Notices (ECNs).
  • Develop and maintain ongoing audits of standard costs, work centers, and routing codes. Review new routings to ensure correct structure to be costed.
  • Perform monthly closing activities, analyze manufacturing variances, and produce financial schedules.
  • Work on special projects, preparing audit schedules, corporate requests, margin reviews, etc.
  • Participate in the quote review process.
  • Assist in the preparation of departmental budgets and forecasting.
Qualifications
  • Bachelor's degree with a concentration in Accounting.
  • 2–5 years of division accounting experience.
  • Strong analytical, communication, and interpersonal skills.
  • Strong personal computer skills with Microsoft Office products.
  • Knowledge of Generally Accepted Accounting Principles (GAAP).
Pay, Benefits, Work Schedule Competitive Compensation
  • Pay Range: $87,050 to $145,250 annually
  • Participation in Annual Incentive Program
Benefit & Retirement Plans

Parker offers competitive benefit programs, including:

  • Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance, and critical illness insurance with competitive premium cost.
  • 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
  • Company‑provided defined‑contribution retirement plan with annual contribution equal to 3% of pay.
  • Career development and tuition reimbursement.
  • Other benefits including paid parental leave, short and long‑term disability programs, adoption assistance, a  membership, and financial planning assistance are provided at no cost to the employee.
  • Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
  • Paid Time Off and Company‑Paid Holidays.
Equal Employment Opportunity

Parker is an Equal Opportunity and affirmative action employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job‑related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. citizenship, permanent residency or other appropriate status is required for certain positions, in accordance with U.S. import & export regulations.

(“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”)

Drug Tests

Drug-Free Workplace:
In accordance with Parker’s policies and applicable state laws, Parker requires all applicants seeking employment to undergo drug testing as a condition of employment.

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