Cost Accountant III
Listed on 2026-05-21
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Accounting
Cost Accountant, Financial Reporting, Financial Analyst
Overview
Do you want to join a team that's changing the world? We are seeking a Cost Accountant III to contribute to a manufacturing environment with a focus on cost accounting, operational reporting, and business analysis. This role supports product costing, manufacturing cost analysis, and accurate financial postings for production and related activities. The position involves collaboration with Operations and FP&A teams to drive efficiency and cost improvements using SAP and cost accounting principles.
Responsibilities- Cost Accounting & Analysis:
Serve as the primary contact for Operations managers on production cost accounting and cost center expense analysis, in collaboration with the FP&A team - Establish and maintain accurate product costing in SAP S4/Hana, verifying master data and calculation methods
- Calculate, investigate, and follow up on production, operational, and purchasing variances (Inventory, Absorption, PPV, etc.), directing improvement opportunities to the business
- Perform raw material standard vs. actual variance analysis and cost development reviews
- Demonstrate knowledge of fixed asset acquisition, capitalization, and life cycle activities
- Financial Close & Reporting:
Provide technical and practical support for monthly financial close, production-related settlements, cycle counts, and inventory audits - Perform GL account reconciliations to ensure accurate financial postings
- Assist in the preparation and analysis of manufacturing and supply chain reports
- Review vendor invoices for raw material purchases and follow up on discrepancies
- Compliance & Internal Controls:
Support cost accounting efforts for maintaining JSOX internal controls - Assist with internal and external audit inquiries and samples
- Contribute to the development and maintenance of accounting policies and procedures
- Collaboration & Continuous Improvement:
Collaborate on multidisciplinary projects, drive solutions and process improvements; apply understanding of supply chain workflows, manufacturing processes, and maintenance order activities as they relate to the general ledger; complete work efficiently and accurately; provide administrative support as needed
- Personal Protective Equipment (PPE) Requirements: PPE may be required to ensure health and safety in the workplace, including items such as a Tyvek suit, safety shoes, gloves, safety glasses, face mask, and a respirator where applicable.
Education
- Required:
Bachelor’s degree in Accounting, Finance, Economics, or a related discipline
Essential Qualifications
- 4-6 years of cost accounting experience in a manufacturing environment
- Strong knowledge of accounting principles and procedures (GAAP, IFRS)
- Proficiency in SAP cost accounting
- Advanced Microsoft Office skills, especially Excel and database functions
- Ability to work effectively in both office and manufacturing environments
- Effective communication and teamwork skills
- Ability to handle confidential information responsibly
- Resilient, self-motivated, and able to perform under pressure
- Ability to operate independently with minimal supervision
- Working-level knowledge of the English language (reading, writing, speaking)
- Alignment to Panasonic’s seven core principles: contribution to society, fairness and honesty, cooperation and team spirit, untiring effort for improvement, courtesy and humility, adaptability, gratitude
Preferred Qualifications
- Experience with SAP S4/Hana
- Background in multi-application IT environments, including electronic interfaces
- Experience with warehouse, stock management, and manufacturing operations
- Experience working with domestic and international teams
Preferred Certification(s)
- CMA:
Certified Management Accountant - CPA:
Certified Public Accountant - MBA:
Master of Business Administration
Physical
Activities:
Sit 40%, Walk 30%, Stand 20%, Lift 10% during the normal workday. Occasional lifting up to 10 lbs; team-lift only for heavier items (over 35 lbs) as not required.
- Health Benefits – medical, dental, vision, prescription plans, plus HSA and FSA options
- Voluntary Benefits – Life, accident, critical illness, disability, legal, identity theft, and pet insurance
- Retirement Savings &…
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