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This role is integral to providing accurate financial insights, analyzing cost data, and supporting operational decision-making. The ideal candidate is proficient in cost accounting within manufacturing environments and excels in delivering actionable recommendations to improve efficiency and profitability.
Job Responsibility:
Collaborate with operations teams to conduct cycle counts and physical inventory audits, including identifying root causes and providing analytical support
Manage the annual standard cost update process, ensuring accurate allocations and cost build-ups
Analyze standard costs, margins, and variances to ensure precise production costing
Work closely with manufacturing, supply chain, procurement, and engineering teams to refine material, labor, overhead, and other cost components
Provide accurate cost data to support budgeting, forecasting, and month-end financial close processes
Prepare journal entries, reconcile accounts, and assist with cost-related financial close activities
Maintain and update cost drivers, assumptions, and job costing standards, both annually and on an ad-hoc basis
Identify cost-saving opportunities by monitoring cost drivers and recommending process improvements
Generate and manage daily, weekly, and monthly operational and cost-related reports
Act as a trusted resource for operations and leadership, delivering insightful analysis and recommendations to support strategic decisions
Requirements:
Proven experience in cost accounting, preferably within a manufacturing environment
Strong knowledge of standard cost accounting principles and practices
Expertise in cost analysis and variance analysis
Familiarity with month-end close processes and journal entry preparation
Proficiency in managing and updating costing standards and assumptions
Excellent analytical skills with the ability to interpret complex data and provide actionable insights
Strong communication skills for collaborating across departments and presenting findings to leadership
Advanced proficiency in relevant accounting software and tools