Senior Cost Accountant

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The ideal candidate will be located within a commutable distance of Cresco, PA as this role is eligible for a hybrid work schedule.

Position Summary:

The Senior Cost Accountant performs financial analysis to track, analyze, and control production and operational costs, identifies cost-saving opportunities, and develops financial reports to guide management decisions. Key responsibilities include developing and maintaining cost accounting systems, performing variance analysis, managing budgets, and collaborating with other departments like manufacturing and engineering. This role is a key member of the Accounting/Finance team and should embody the company values of Integrity, Quality, Passion, Accountability, Innovation, and high performance.

Cost Analysis & Reporting

• Analyze production and operational costs, including labor, materials, and overhead.
• Conduct complex cost audits and prepare detailed cost reports.
• Perform cost-volume-profit (CVP) analysis and life-cycle cost-benefit analyses.
• Act as the “eyes and ears” for the controllership function regarding key developments in operations.

System & Process Management

• Develop, maintain, and improve the cost accounting system and records.
• Establish and monitor standard costs for manufactured goods.
• Ensure compliance with Generally Accepted Accounting Principles (GAAP).
• Maintain fixed asset processing, tracking and reporting.
• Provide project analysis as needed, including cost estimates of new or modified products, evaluation of capital projects, and product line expansion or restructuring analyses.
• Prepare monthly balance sheet reconciliations, including analysis of movements.

Variance Analysis & Improvement

• Analyze cost variances between standard and actual costs to identify root causes.
• Recommend process improvements and cost-saving measures to management.

Inventory & Supply Chain Support

• Manage and optimize inventory costs, including physical counts and reconciliations.
• Collaborate with supply chain and procurement teams to manage supplier costs.
• Manage Excess and Obsolete processes, working with Sales, Operations, and Supply Chain to minimize impairment costs in the future.

Financial Planning & Budgeting

• Assist in creating financial models and projections for new initiatives and business plans.
• Compile cost data for the annual operating budget and forecast future purchasing costs.

• Bachelor’s degree in accounting, finance, or business administration required. MBA or CPA a plus.
• At least 5 years’ experience in accounting in a manufacturing environment with involvement in closing, cost accounting, account reconciliation, and financial analysis required.
• Must have the ability to apply generally accepted accounting principles.
• Experience working with engineering and manufacturing personnel on development and analysis of standard costs.
• Strong attention to detail, analytical ability and problem-solving skills.
• Strong interpersonal and oral communication skills.
• Highly ethical, self-motivated, professional with the ability to function as part of a team.
• Must be tech savvy and a quick learner of ERP systems and BI software, demonstrating an ability to understand the logic behind these systems to properly translate operating impacts to accounting transactions.
• Must have advanced MS Excel skills (e.g., VLOOKUP, SUMIF, Pivot Tables, etc.).
• Experience in Infor M3, Prophix helpful.

• Mid-Senior level

• Full-time

• Accounting/Auditing

• Manufacturing, Metalworking Machinery Manufacturing, and Fabricated Metal Products

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