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 date-driven 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

Maintain and update standard costs for materials, labor, and overhead within the ERP system
Lead the annual standard cost roll and perform periodic cost updates as needed
Analyze and explain material, labor, and overhead variances
Monitor the impact of scrap, rework, and yield on product costs
Support the quoting and pricing process through detailed cost analysis

Inventory Control

Ensure accurate inventory valuation under standard costing methods
Reconcile the inventory subledger to the General Ledger on a monthly basis
Lead physical inventory counts and manage cycle count programs
Monitor inventory for aging, slow-moving, and obsolete items
Review and validate scrap, damage, and rework transactions (DMR)

Manufacturing & Operations Support

Partner with production and supply chain teams to identify and analyze cost drivers
Track operational metrics such as Overall Equipment Effectiveness (OEE) and scrap rates and their impact on cost performance
Provide monthly cost performance reporting and key performance indicators (KPIs)
Support budgeting and forecasting processes related to manufacturing costs

Month-End Close & Reporting

Perform month-end close activities related to cost accounting
Prepare and post cost-related journal entries
Analyze inventory reserves and recommend appropriate adjustments
Support internal and external audit requests and requirements

Qualifications

Bachelor’s degree in Accounting, Finance, or related field required
Minimum of 2 years of accounting experience, preferably in cost accounting or general ledger within a manufacturing environment
Familiarity with USGAAP
Experience with ERP systems (Epicor, SAP, Oracle, or similar) preferred
Advanced proficiency in Microsoft Excel
Strong analytical and problem-solving skills
Ability to collaborate effectively across departments and communicate financial insights

Preferred Skills

Experience in a manufacturing or production environment
Strong understanding of standard costing systems and inventory accounting
Ability to manage multiple priorities and meet deadlines in a fast-paced environment
Detail-oriented with strong organizational skills

Job description