Position Summary
The Senior Cost Accountant is responsible for overseeing cost accounting and inventory control activities within a manufacturing environment. This role ensures the accuracy of standard costing, inventory valuation, and variance analysis while supporting operational decision-making through financial analysis and cost transparency. The position works closely with operations, supply chain, and finance leadership to drive efficiency and financial performance.
Key Responsibilities
Cost Accounting
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Maintain and update standard costs for materials, labor, and overhead within the ERP system
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Lead the annual standard cost roll and perform periodic cost updates as needed
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Analyze and explain material, labor, and overhead variances
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Monitor the impact of scrap, rework, and yield on product costs
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Support the quoting and pricing process through detailed cost analysis
Inventory Control
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Ensure accurate inventory valuation under standard costing methods
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Reconcile the inventory subledger to the General Ledger on a monthly basis
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Lead physical inventory counts and manage cycle count programs
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Monitor inventory for aging, slow-moving, and obsolete items
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Review and validate scrap, damage, and rework transactions (DMR)
Manufacturing & Operations Support
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Partner with production and supply chain teams to identify and analyze cost drivers
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Track operational metrics such as Overall Equipment Effectiveness (OEE) and scrap rates and their impact on cost performance
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Provide monthly cost performance reporting and key performance indicators (KPIs)
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Support budgeting and forecasting processes related to manufacturing costs
Month-End Close & Reporting
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Perform month-end close activities related to cost accounting
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Prepare and post cost-related journal entries
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Analyze inventory reserves and recommend appropriate adjustments
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Support internal and external audit requests and requirements
Qualifications
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Bachelor’s degree in Accounting, Finance, or related field required
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Minimum of 2 years of accounting experience, preferably in cost accounting or general ledger within a manufacturing environment
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Experience with ERP systems (Epicor, SAP, Oracle, or similar) preferred
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Advanced proficiency in Microsoft Excel
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Strong analytical and problem-solving skills
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Ability to collaborate effectively across departments and communicate financial insights
Preferred Skills
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Experience in a manufacturing or production environment
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Strong understanding of standard costing systems and inventory accounting
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Ability to manage multiple priorities and meet deadlines in a fast-paced environment
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Detail-oriented with strong organizational skills
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