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Senior Cost Accountant

Job in Radford, Montgomery County, Virginia, 24141, USA
Listing for: API Delevan, Inc.
Part Time position
Listed on 2026-06-20
Job specializations:
  • Finance & Banking
    Financial Reporting, Financial Analyst
  • Accounting
    Financial Reporting, Financial Analyst, Cost Accountant, Senior Accountant
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below

Work Model:
You’ll work in a hybrid model, onsite at your designated Regal Rexnord location at least 3 days per week (Monday–Thursday), with flexibility to work remotely up to 2 days, including Friday.

Position Overview

The Senior Cost Accountant is responsible for leading and supporting plant-level cost accounting activities, including inventory valuation, cost analysis, overhead rate development, and audit support. This role provides oversight and guidance to a Junior Cost Accountant and serves as a key financial partner to Operations, Engineering, FP&A, and other cross‑functional teams. This position may be filled at a level commensurate with the candidate’s experience, skills, and qualifications.

Key Responsibilities
  • Senior Cost Accounting Responsibilities
    • Review monthly journal entries and balance sheet account reconciliations related to inventory and cost accounts
    • Perform excess and obsolete (E&O) inventory reporting and reserve analysis
    • Lead physical inventory planning, execution, reconciliation, and follow‑up reporting for internal and external audits
    • Develop and maintain standard labor, material, fixed, and variable overhead rates
    • Develop and maintain DOD, standard labor, and overhead rates
    • Drive margin improvement and costing initiatives in partnership with Operations and Engineering
    • Perform inventory capitalization analysis
    • Support internal and external audit requests and reviews
    • Provide guidance, oversight, and technical support to the Junior Cost Accountant
  • Cost Accounting & Inventory Responsibilities
    • Analyze bills of materials and routings to prepare new items for cost rollups
    • Perform cost rollups and activate new items in the ERP system
    • Prepare weekly and monthly inventory reporting by plant and product line
    • Manage work orders, including weekly and monthly variance analysis
    • Analyze and reconcile miscellaneous inventory, scrap, and pending inventory transactions
    • Prepare monthly journal entries and inventory account reconciliations
    • Plan and lead physical inventories and support the annual standard cost update
    • Analyze make‑versus‑buy decisions and support operational cost optimization initiatives
    • Utilize One Stream and ERP systems to retrieve, analyze, and report financial data
    • Recommend and implement process improvements to enhance accuracy, controls, and reporting timeliness
    • Support or lead special projects and cross‑functional initiatives as required
Required

Skills & Qualifications
  • Strong knowledge of cost accounting principles, inventory valuation, and manufacturing accounting
  • Experience developing labor, material, and overhead cost rates
  • Ability to analyze and explain cost variances and inventory valuation impacts
  • Strong analytical, organizational, and problem‑solving skills
  • Ability to work effectively with cross‑functional manufacturing and finance teams
  • Experience supporting internal and external audits
  • Bachelor’s degree in Accounting or Finance
  • Years of experience and level of responsibility will vary depending on the candidate’s background, skill set, and demonstrated capabilities.
Preferred

Skills & Qualifications
  • 3–5 years of progressive accounting or cost accounting experience in a manufacturing environment
  • CPA, CMA, or other relevant professional certification
  • Experience with ERP systems (e.g., Oracle) and financial reporting tools (e.g., One Stream)
  • Experience leading or mentoring junior accounting staff
Restrictions imposed by federal export control laws

Restrictions imposed by federal export control laws may limit this job opportunity to candidates who are a ‘U.S. Person’, which includes U.S. citizens, U.S. nationals, U.S. permanent residents, individuals granted asylum in the United States, and refugees in the United States, or who otherwise can qualify for a license that permits them to hold the position.

Sponsorship

Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.

Benefits
  • Medical, Dental, Vision and Prescription Drug Coverage
  • Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
  • Paid Time Off and Holidays
  • 401k Retirement Plan with Matching Employer Contributions
  • Life and Accidental Death & Dismemberment (AD&D) Insurance
  • Paid Leaves
  • Tuition Assistance
Equal Employment Opportunity Statement

Regal Rexnord is an Equal Opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, pregnancy, age, national origin, genetic information, disability, veteran status, or any other status protected by law.

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Position Requirements
10+ Years work experience
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