Cost Accounting Manager

Job description

Job responsibilities

• Own the standard costing process. Maintain cost accounting standards and standard costs for finished goods and production components in the ERP, including cost roll-ups that incorporate raw material standards from…
• Own inventory valuation. Own the inventory costing process and the related financial reporting impacts, including capitalization, absorption, and valuation in accordance with GAAP.
• Own the cost accounting close. Own month-end close activities for inventory and cost accounting, including reconciliations, journal entries, reserves, and support schedules, and ensure accurate and timely reporting.
• Analyze variances. Lead analysis of purchase price, usage, labor, overhead, and yield variances and other anomalies, and prepare clear explanations of discrepancies for senior management.
• Ensure ERP integrity. Ensure the validity and accuracy of cost data and inventory records across PMS, MES, and ERP systems through analysis, internal audit, and coordination with Inventory Control, Production, and…
• Partner with Manufacturing Finance and Supply Chain Finance. Coordinate on overhead pools and rates, raw material standard costs, and the financial impact of production and sourcing decisions.
• Partner with production and operations. Work with Production, Manufacturing Engineering, and Supply Chain teams to understand variances, resolve root causes, and improve how inventory transactions flow through the…
• Define standards and controls. Define the standards of excellence for cost accounting, and design and implement controls and practices that prevent systemic issues and support audit readiness.

Job requirements

• 7-9 years of accounting experience, including significant cost accounting experience in a manufacturing environment
• Hands-on experience with standard costing, including cost roll-ups, variance analysis, and inventory valuation
• Strong grasp of GAAP and cost accounting principles for inventory and cost of goods sold, and of inventory management practices
• Experience owning month-end close activities for inventory and cost accounting
• Understanding of how data flows between production, manufacturing execution, and ERP systems (e.g., PMS, MES, and ERP)
• Extremely strong Excel skills, especially advanced financial modeling and analytical techniques
• Ability to streamline and automate complex processes
• Excellent analytical skills with a strong focus on accuracy and attention to detail