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Sanmina Logo Sanmina · Finance

Senior Cost Accountant

United States, Secaucus Employment contract 63375.00 - 88500.00 USD / Year · Job Posted June 28, 2026
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Job Description

The Senior Cost Accountant is responsible for maintaining the integrity of the company’s standard costing system and providing detailed analysis of manufacturing performance. This role focuses on identifying production variances, managing the accuracy of Bills of Materials (BOM), and ensuring that inventory and COGS are recorded in accordance with US GAAP. By partnering with Production and Supply Chain teams, you will deliver actionable insights into cost drivers and margin trends, playing a vital role in optimizing operational efficiency and supporting the month-end close process.

Job Responsibility

  • Support the development and maintenance of the company’s standard costing system, ensuring all product costs are accurate and up to date
  • Perform detailed analysis of manufacturing variances, including material price, labor efficiency, and overhead spending, to identify areas for cost improvement
  • Prepare and record monthly journal entries related to inventory, cost of goods sold (COGS), and manufacturing allocations
  • Conduct regular reviews of Bill of Materials (BOM) and routing to ensure accurate labor and overhead absorption
  • Participate in the month-end close process by reconciling inventory sub-ledgers to the general ledger and investigating discrepancies
  • Assist in the calculation and application of overhead rates in accordance with company policy and US GAAP
  • Analyze changes in product design, raw materials, or manufacturing methods to determine the impact on product costs and margins
  • Coordinate and support physical inventory counts and cycle counting programs at manufacturing or warehouse locations
  • Monitor and report on inventory obsolescence and slow-moving stock to ensure appropriate reserve levels
  • Collaborate with Production, Engineering, and Supply Chain teams to provide financial insights into operational performance and cost-saving initiatives
  • Prepare routine and ad-hoc cost reports for management, highlighting trends in gross margin and production spending
  • Assist in the preparation of cost data for annual budgeting and periodic forecasting cycles

Requirements

  • Bachelor's degree in Accounting, Finance, or related field
  • 2+ years of Accounting experience
  • Computer skills to include Excel, Monarch, Microsoft Word, e-mail and accounting software packages
  • Prior experience with SAP would be highly desirable
  • Proficient on 10 key
  • Experience and/or knowledge of SOX 404 requirements is preferred

Nice to have

  • Prior experience with SAP would be highly desirable
  • Experience and/or knowledge of SOX 404 requirements is preferred

What we offer

  • Competitive base salary
  • Performance-based annual bonus eligibility
  • 401(k) retirement savings plan
  • Tuition reimbursement for eligible education programs
  • Comprehensive medical, dental, and vision coverage with access to leading providers
  • Mental health resources and employee wellness support programs
  • Company-paid life and disability insurance
  • Paid time off (PTO) and company-paid holidays
  • Parental leave and family care support programs
  • Structured training programs and on-the-job learning opportunities
  • Matching gifts and volunteer programs to support causes you care about
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