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We are looking for a skilled Cost Accountant to join our team in Livonia, Michigan. In this role, you will work closely with the Plant Controller to analyze manufacturing costs, evaluate variances, and identify opportunities for cost savings and process improvements. Your expertise in cost accounting will drive financial insights and support strategic decision-making across production, procurement, and sales teams.
Job Responsibility:
Monitor and assess manufacturing costs, margins, and variances while driving improvements in cost reporting and cost-saving initiatives
Develop and maintain standard cost capturing activities that align with production workflows
Review and update labor rates and establish overhead rates for variable manufacturing costs assigned to work centers
Collaborate with production management to conduct time studies and ensure accurate labor standards for bills of materials and production orders
Work with cross-functional teams to collect cost inputs and enhance cost accuracy
Support the sales team by providing detailed cost models and profitability analyses for quoting processes
Conduct financial analysis of completed and ongoing projects including profitability, revenue recognition, and margin evaluation
Manage and improve inventory valuation processes including conducting physical inventory counts and analyzing obsolete or slow-moving inventory
Maintain and enhance processes and controls related to manufacturing costs and inventory management
Provide detailed financial insights and recommendations to improve operational efficiency and cost effectiveness
Requirements:
Bachelor's degree in Accounting, Finance, or a related field
At least 5 years of experience in cost accounting in manufacturing settings
Strong understanding of cost accounting principles and their application in manufacturing environments
Proficiency in accounting and finance principles with experience in project accounting and revenue recognition
Advanced analytical, written, and verbal communication skills
Expertise in Excel and other Office365 tools with experience in inventory management systems
Prior experience in a manufacturing environment, especially in job-shop settings
Knowledge of production workflows including work centers, production orders, bills of materials, and work-in-progress
Familiarity with ERP systems, with Acumatica experience being a plus
Nice to have:
Acumatica ERP system experience
What we offer:
Medical, vision, dental, and life and disability insurance
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